What you will learn
By strategising with the team and documenting the revenue strategy a hotel is setup to ensure that the hotel looks out into the future and creates a long term measurable path for success.
A revenue strategy is critical to the success of a hotel’s revenue management philosophy. A revenue strategy allows the entire revenue team to discuss. This course covers:
To understand how to create a successful revenue strategy
Different revenue strategies explained
The key elements in effectively communicating a revenue strategy
How to implement a revenue strategy once it has been created
To understand how to measure the success of the revenue strategy once it has been implemented.
Inventory Control – how inventory can impact on sales. If forecasting constraint