In simple terms Hotel Revenue Management is Selling the Right Room to the Right Client at the Right Moment for the Right Price!
Hotel Revenue Management is about becoming the architect of your own fortune. A hotel room is a perishable product, because you only have a limited number of hotel rooms available at any time. As a result, customer satisfaction and pricing remain the most important dynamic variables, which are subject to Hotel Revenue Management.
Effective revenue management is a fundamental requirement of a successful hotel. This Introduction to Hotel Revenue Management Course will provide you with a sound basis on which to build a revenue management strategy. Understand what exactly revenue management is, learn relevant techniques to manage your revenues with skill and find out how you can maintain optimum levels of profitability.
After completing this course, you should be able to approach revenue management with confidence and make an immediate impact at work applying the knowledge that you have gained through studying this course.