Featured Programs
-
Engineering
See details
-
Pre-Health Seminar & Shadowing
See details
-
International Business
See details
Experiential Learning Opportunities
Revenue Management in Hospitality
Tourism & Hospitality Management Program
Barcelona, Spain
Dates: 8/31/23 - 12/16/23
Revenue Management in Hospitality
OVERVIEW
CEA CAPA Partner Institution: CETT - University of Barcelona
Location: , Spain
Primary Subject Area: Tourism & Hospitality Management
Instruction in: English
Transcript Source: Partner Institution
Course Details: Level 200
Recommended Semester Credits: 3
Contact Hours: 45
DESCRIPTION
How is hotel occupancy forecasted? How is hotel inventory managed? What is the optimal level of overbooking? How is a hotel pricing strategy designed? What tools are available to distribute hotel products? This course answers the above questions, among others, and provides an introduction to the science of Revenue Management in Hospitality. It starts with a brief overview of the origins of Revenue Management and an introduction to its application. Students are then provided with tools to make predictions, manage inventory, manage pricing, and distribute hotel products.