Course Content
Module 1 — Why Revenue Management Works
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4 Topics
1 Quiz
1.1 Why a Hotel Room Is Not a Normal Product
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1.2 The Principle of Dynamic Pricing
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1.3 The Function and the RM Cycle
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1.4 The KPIs That Measure Revenue Management
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Module 1 Quiz – Foundations and KPIs
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Module 2 — Market, Segments and the Rate Grid
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5 Topics
1 Quiz
2.1 Building a Competitive Set
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2.2 Segmentation and Market Mix
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2.3 Building the Rate Grid
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2.4 Contracted Rates, Groups and the July 10th Grid
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2.5 Segment, Rate Code and Rate Level
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Module 2 Quiz – Comp Set, Segments and the Rate Grid
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Module 3 — Distribution and Forecasting
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4 Topics
1 Quiz
3.1 Distribution Channels and Their Real Cost
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3.2 Rate Parity and Rate Leakage
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3.3 Forecasting: Reading What Is Coming
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3.4 History, Pace and Refining the Forecast
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Module 3 Quiz – Distribution and Forecasting
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Module 4 — Acting on the Forecast
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4 Topics
1 Quiz
4.1 Packages, Promotions and Low Demand
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4.2 High Demand Strategy
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4.3 Displacement Cost Analysis
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4.4 The Revenue Management Cadence
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Module 4 Quiz – Demand Strategy and Displacement
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Final Quiz
Final Assessment – Revenue Management & Dynamic Pricing
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