This course will teach you how to read competitor reports and gain some insights from them that you can action to improve your profits.
Courses
Understanding the Accommodation Market
Duration: 3 Hours
Department: Revenue Management
Level: Manager
Start: Flexible
This course explains the marketplace for accommodation. You’ll learn the basics of economics and the role it plays in the revenue function. Learning how to identify your competitors, benchmark your property against theirs and how to win more business from them is a big part of the revenue role. This course will teach you how to read competitor reports and gain some insights from them that you can action to improve your profits.
YOU WILL LEARN
- What are the fundamental principles of Economics and their role in Hotel Revenue Management?
- How do Revenue Directors monitor and measure their competitor marketplace?
- How do Hotel Managers identify true competitor properties?
- How do you read competitor reports and use other data to derive strategic insights, and use the data to make better decisions?
$65.00
Train your team:
Enterprise pricing available for this course.
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