Course Description:
This course provides an introduction to revenue management principles and practices in the hospitality industry. Topics include demand forecasting, pricing strategies, inventory management, and distribution channels. Participants will learn to optimize revenue.
Course Objectives:
- Understand the principles of revenue management.
- Develop effective demand forecasting and pricing strategies.
- Implement inventory management and optimize distribution channels.
Learning Outcomes:
- Apply revenue management principles in hospitality settings.
- Develop and implement demand forecasting and pricing strategies.
- Optimize inventory and distribution channels.