Member Article

How revenue management courses can improve hotel’s performance

Providing Revenue Management Courses for your employees is one of the best long term revenue management strategies a hotel can adopt. Both Revenue Managers and other customer contact staff can benefit greatly from Revenue Management Training Courses as they will focus on a range of topics that will ultimately increase revenue opportunity and profitability for your hotel.

What is included in a Hotel Revenue Management Course?

Revenue Management Courses for hotels can cover a range of topics that any Revenue Manager would likely deal with on a regular basis. These can include:

• Revenue Analysis
• Pricing Strategies
• Benchmarking
• Market Segmentation

Topics that would be relevant for non-Revenue Managers could include:

• Reputation Management
• Website Optimisation & SEO
• Up-selling Opportunities
• Key performance indicators

All Revenue Management Courses will differ so it is important to get training from an experienced Revenue Manager and preferably from a company that specialises in Revenue Management Consultancy and Training. This will ensure they have the most up to date knowledge on elements that would affect revenue management specifically in hotels rather than a broader understanding of industry in general.

Octopus Revenue provide a range of Revenue Management Courses to suit all levels, from experienced Revenue Managers to someone in a Business Development role or perhaps a Receptionist. All customer facing and enquiries departments would benefit from Revenue Management Training Courses so that they gain a better understanding of the effect their actions, in a Customer Service capacity, can have on the rest of the company.

Octopus Revenue are a Hotel Revenue Management Consultancy and Revenue Management Course provider. Courses are available in locations across the country throughout 2015. To find out more about the courses Octopus Revenue provide, visit the website.

www.octopusrevenue.co.uk

This was posted in Bdaily's Members' News section by Sarah Thompson .