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The Fundamentals of Revenue Management

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Course overview

If you wish to receive more hotel bookings, focus on revenue management. The Fundamentals of Revenue Management course will guide you through implementing revenue management strategies and techniques to grow your hotel business. 

Effective revenue management helps to understand the market, predict customer demands and implement better pricing strategies. Through The Fundamentals of Revenue Management course, you will get equipped with the fundamental skills to boost hotel revenues. It will educate you on the key performance indicator in hotel revenue management. You will learn the process of forecasting and pricing strategies of hotel revenue management. In addition, you will learn how to build an effective overbooking strategy to increase profitability. 

Take all the necessary steps to promote your hotel by enrolling right away!

Learning outcomes

  • Understand the fundamentals of hotel revenue management 
  • Learn about revenue management key performance indicators
  • Learn about the profitable distribution strategy
  • Strengthen your knowledge of pricing in revenue management
  • Learn the overbooking practices for profitability
  • Learn the best practices to promote your hotel

Who is this course for

Aspiring professionals interested in learning the revenue management strategies to boost hotel sales can take this The Fundamentals of Revenue Management course. The in-demand skills gained from this training will provide excellent opportunities for a career in the hotel industry. 

Entry Requirement

  • This course is available to all learners of all academic backgrounds.
  • Learners should be aged 16 or over.
  • Good understanding of English language, numeracy and ICT skills are required to take this course.

Certification

  • After you have successfully completed the course, you will obtain an Accredited Certificate of Achievement. And, you will also receive a Course Completion Certificate following the course completion without sitting for the test. Certificates can be obtained either in hardcopy for £39 or in PDF format at the cost of £24.
  • PDF certificate’s turnaround time is 24 hours, and for the hardcopy certificate, it is 3-9 working days.

Why Choose Us?

  • Affordable, engaging & high-quality e-learning study materials;
  • Tutorial videos and materials from the industry-leading experts;
  • Study in a user-friendly, advanced online learning platform;
  • Efficient exam systems for the assessment and instant result;
  • United Kingdom & internationally recognized accredited qualification;
  • Access to course content on mobile, tablet and desktop from anywhere, anytime;
  • Substantial career advancement opportunities;
  • 24/7 student support via email.

Career Path

The Fundamentals of Revenue Management Course provides essential skills that will make you more effective in your role. It would be beneficial for any related profession in the industry, such as:

  • Hotel Manager
  • Reservations and Revenue Manager
  • Hotel General Manager
  • Business Development Manager
  • Hotel Owner

Course Curriculum

The Fundamentals of Revenue Management
Module 1. Fundamentals of Hotel Revenue Management 00:18:00
Module 2. Importance of Revenue Management 00:24:00
Module 3. Key Performance Indicator in Revenue Management 00:20:00
Module 4. Forecasting of Hotel Revenue Management 00:23:00
Module 5. Pricing of Hotel Revenue Management 00:24:00
Module 6. Profitable Distribution Strategy 00:19:00
Module 7. Overbooking Practices in Hotel Revenue Management 00:13:00
Module 8. How to Promote your Hotel 00:18:00
Module 9. Customer and Other Essential Factors 00:15:00
Module 10. The Future of Hotel Revenue Management in UK 00:24:00

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