rev405 | undergraduate

Hospitality Pricing And Yield Management

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This course will focus on managing a hospitality organization's pricing and yield management strategies to maximize revenues. It will provide an in-depth look at forecast demand and pricing models and techniques utilized within the industry to achieve revenue growth. Students will gain a better understanding of the impact of managing pricing through various distribution channels and develop strategies to optimize these for greater financial performance.

This undergraduate-level course is 5 weeks This course is available to take individually or To enroll, speak with an Enrollment Representative.

Course details:

Credits: 3
Continuing education units: XX
Professional development units: XX
Duration: 5 weeks

topic title goes here

    Pricing, Sales, and Marketing of Groups

    • Examine the various restrictions present within the hospitality industry.
    • Apply pricing strategies to different levels of demand for both transient and groups.
    • Compare the various types of pricing.

    STR Reporting

    • Examine how to read a STR report.
    • Assess how to choose a STR compset.
    • Analyze the various components of a STR report.

    Pace Reports and Other Pricing Tools

    • Examine how to read a Booking Pace Report.
    • Create a Booking Pace Report.
    • Analyze the various components of a Booking Pace Report.

    Pricing

    • Evaluate the different pricing methods in hotels.
    • Examine a pricing strategy for a hotel.

    No-Show Analysis

    • Review a no-show table.
    • Assess a no-show report for a hotel.
    • Create a no-show report.
    Tuition for individual courses varies. For more information, please call or chat live with an Enrollment Representative.

    Please ask about these special rates:

    Teacher Rate: For some courses, special tuition rates are available for current, certified P-12 teachers and administrators. Please speak with an Enrollment Representative today for more details.

    Military Rate: For some courses, special tuition rates are available for active duty military members and their spouses. Please speak with an Enrollment Representative today for more details.

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    While widely available, not all programs are available in all locations or in both online and on-campus formats. Please check with a University Enrollment Representative.

    Transferability of credit is at the discretion of the receiving institution. It is the student’s responsibility to confirm whether or not credits earned at University of Phoenix will be accepted by another institution of the student’s choice.