Created by Theresa Thomas
Welcome to the HSMAI Introduction to Accommodation Revenue Management course. This course has been designed by experts in Revenue Management […]
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Welcome to the HSMAI Introduction to Accommodation Revenue Management course. This course has been designed by experts in Revenue Management from hotels around the world. This is the first course in a 10-course program that explores the main components of the Revenue function in the accommodation sector. You can study this course as a standalone course to learn about the basics of revenue management or if you want to learn more, continue on to do the full 10 courses.
This course will introduce you to the fundamentals of revenue management in the hotel industry, shifting your focus from occupancy and average room rate, to profit maximization.
You will learn:
Understanding Revenue Management in the Hotel and Accommodation Industry
The daily, monthly, quarterly, and yearly responsibilities of a Revenue Manager
Key Revenue and Yield Management terms and definitions
The essential components of Revenue Management and the skills required to succeed
Tips for developing a career in Revenue Management
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