Basics of Hotel Revenue Management

Name: Basics of Hotel Revenue Management
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Put your money to work with the smart hotel revenue management strategies found in this free online hospitality course.

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Learning Outcomes

In this free course, you will learn how to:

Recall the roles of a revenue manager and the purpose of revenue management
Explain ‘forecasting’ demands as well as soft and hard supply constraints
List the various types of revenue generated per available or occupied rooms in a hotels
Discuss why hotels don’t sell out too early
Evaluate the effective hotel pricing strategy
Summarize the four P’s in the marketing mix
Describe the principles of managing revenue
Analyze the price determinants of hotel services
Recognize the seasons of a hotel

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