Hotel Management -Fundamentals of Revenue Management
What you'll learn
- Revenue Management Fundamentals through hospitality indistry
- Pricing Techniques
- Segmenting & Profiling Business
- Competition and SWOT analysis
- Yeiling the business to maximise profits
- Enterpreneurship attitude to maximise business
- Fundamental Understanding of business terms
- Willingness to reeearch to understand your customers
Revenue Management is essential whenever businesses can charge different prices from different customers. Like airlines, hotels, restaurants & other service industries
Hotel Revenue Management comes in picture where different peoples uses same product & services for different reasons and have different willingness to pay. For Example Airlines, Hotels, Advertising Services.
Hotel Inventory is perishable and unsold. Once time passes hotel rooms unsold are considered as loss. In these scenarios Maximizing revenue and managing inventory is critical to hotel success
This course talks about fundamentals of revenue management for hotels in particular and other industries in general.
This Course will help you to become understand what are fundamentals of revenue management.
Why you should take this course and What to expect
Learn Fundamentals of Revenue Management,
Pricing Pillars, Concepts and Dangers,
Analyse Inventory Management
What are typical revenue management decisions you would make.
What data is required to make such decision.
- focus on theoretical Aspects
- Personalized review.
- Continuous guidance in your learning ensuring that you achieve your objective of subscribing to this course.
- Regular Updates on case studies based on your feedbacks
Even though the course is online with no physical presence, assignments in this course will give you a change of personal interaction as i will review all assignment personally and give you personalized guidance.
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Who this course is for:
- Small Business Owners
- Hotel Managers
- Revenue Managers
PROFILE & STRENGTHS
Mr Manish Gupta is an experienced hospitality finance professional, having a blend of financial core expertise with hands-on training in managing hotel operations and business development.
Having worked as an Auditor for 7 years, he moved into finance management for brands like Parsvnath Developers and Shangri-La Hotels & Resorts and currently serving as the CFO of HTOO Hospitality.
His role is to spread the finance function for the largest hospitality in Myanmar owned and managed by one of the biggest business houses in Myanmar. They have 16 operational and underdevelopment High-end boutique resorts (covering an overall room inventory of 800+ rooms), 2,000 employees. Most of the properties are leaders in their region on trip advisor and won various travel awards over a period of time.
He has proven experience in setting up the foundation for sustainable growth (in the form of management information systems, restructuring), ERP implementation, gear towards IPO readiness & IFRS convergence. With such a great skill set, the students can be assured about the quality of training with his expertise.
He has been teaching at various institutions in Myanmar such as Swiss Business School, American Hospitality Institute of Myanmar with students ranging from directors to CEO of various companies.
ACADEMIC & PROFESSIONAL CREDENTIALS
Chartered Accountant – 2005 (Member of the ICAI) form Institute of Chartered Accountant of India
Company Secretary – 2005 from Institute of Company Secretaries of India
DISA (Diploma in Information System Audit) Supervisory Excellence (Online) & Business Leadership form e-Cornell University
Strategic Leadership from Shangri-La Global University
Hotel management school is leading online hotel management training and service provider with having over 15 years if experience in hospitality, finance, audits, startups. We have been training over 100k students on udemy and physical classes and impacting their learning experience.
We provide hotel consulting services to small and medium-sized hotels to help them grow their business and profitability. If you wish to explore our services, pls send us a message with your query, we will be happy to assist in
- Revenue Management
- Guest Journey Mapping
- Financial Management and Planning