Hotel Management - Revenue Management for Beginners
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In this course you will understand the basics of Revenue Management. You will also learn about the practical application of Revenue Management in the day to day operations of a hotel. You will be able to gain more insights into the mindset of the management team in terms of business strategy. This course will give you a great introduction to the subject which you can build up upon by taking a professional full time course from a university.
This course is for Hotel Owners, Hotel Managers, Hotel Management Students and Hospitality Professionals who want to get a basic understanding of Revenue Management as a discipline.
You will learn:
— Basics of Revenue Management.
— Learn about the various indexes and matrices used in evaluating performance
— Gain more insights into the elements of Revenue Management like tools and support strategies
— Learn how Revenue Management can be applied to every area on business and life in general.
In this course you will understand the basics of Revenue Management. You will also learn about the practical application of Revenue Management in the day to day operations of a hotel. You will be able to gain more insights into the mindset of the management team in terms of business strategy. This course will give you a great introduction to the subject which you can build up upon by taking a professional full time course from a university.
This course is for Hotel Owners, Hotel Managers, Hotel Management Students and Hospitality Professionals who want to get a basic understanding of Revenue Management as a discipline.
You will learn:
— Basics of Revenue Management.
— Learn about the various indexes and matrices used in evaluating performance
— Gain more insights into the elements of Revenue Management like tools and support strategies
— Learn how Revenue Management can be applied to every area on business and life in general.
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1About your instructorВидео урок
Get to know the instructor and what your learnings will be.
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2Introduction to the courseВидео урок
In this course you will understand the basics of Revenue Management. You will also learn about the practical application of Revenue Management in the day to day operations of a hotel.
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16About Reputation ManagementВидео урок
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17Net Promoter Score - NPS (Active | Passive | Neutral)Видео урок
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18Reputation Performance ScoreВидео урок
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19TripadvisorВидео урок
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20Google ReviewsВидео урок
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21Local MeasureВидео урок
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22Facebook and InstagramВидео урок
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23TikTokВидео урок
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24LinkedinВидео урок
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25Online Food Delivery AppsВидео урок
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26Online Travel Agents (OTAs)Видео урок
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27Tools for Revenue ManagementВидео урок
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28Global Distribution System (GDS)Видео урок
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29Revenue Management Systems (RMS)Видео урок
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30Online Travel Agents (OTAs)Видео урок
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31STR - Smith Travel Research ReportВидео урок
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32Channel Management ToolsВидео урок
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33Property Management Systems (PMS)Видео урок
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34Basic indicators and matricesВидео урок
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35Room OccupancyВидео урок
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36Calculate the occupancy of this 250 room hotelТест
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37Average room rate (ARR) or Average Daily Rate (ADR)Видео урок
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38Calculate the ARR or ADRТест
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39Revenue Per Available Room (RevPar)Видео урок
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40Calculate the RevParТест
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41Average Length of StayВидео урок
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42Calculate Average Length of StayТест
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43Revenue Per Available Square Foot | Square Meter (RevPas)Видео урок
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44Market ShareВидео урок
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45Calculate Market ShareТест
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46Market Penetration Index (MPI)Видео урок
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47Calculate MPIТест
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48Average Rate Index (ARI)Видео урок
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49Revenue Generation Index (RGI)Видео урок
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50Cost Per Occupied Room - COPORВидео урок
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51Gross Operating Profit (GOP)Видео урок
