 Orlando,
Florida, May 2012—The American
Hotel & Lodging Educational Institute
(EI) has introduced a new two-hour online program that focuses on
revenue
management. The Revenue
Management program
is an interactive, online course that explains revenue management
concepts and
applications in the lodging industry, basic revenue management
formulas,
factors affecting revenue decisions and strategies, and the critical
skills and
qualities of successful revenue managers who proactively strive to
increase the
profitability of their operations.
This program uses an exploratory learning approach to explain the skills and role of revenue managers, benefits of revenue management practices and systems in lodging operations, reports that assist with fair market share forecasting, occupancy and rate optimization tactics, group management considerations, evaluating other revenue sources, and common mathematical computations used to determine a hotel’s potential revenue performance. It also discusses how to form a cooperative revenue management team to implement sound pricing strategies and tactics. New and aspiring revenue managers, as well as experienced revenue managers looking for a quick refresher, will benefit from this two-hour program. It includes an orientation module and revenue management module, case study, knowledge checks, and a 10-question module quiz. The Revenue Management program is $39.95 for AH&LA members and $49.95 for nonmembers. Individuals will receive a keycode to access the online program for three months from date of purchase. For information or to order, visit www.ahlei.org or call 800-349-0299 or 407-999-8100. About the Educational Institute Established in 1953 as a nonprofit educational foundation of the American Hotel & Lodging Association, the Educational Institute’s mission is to continue being the preferred provider to the lodging industry, hospitality schools, and related hospitality industries by developing and providing quality resources to train, educate, and certify hospitality professionals worldwide. For more information about the Educational Institute training resources and professional certification, visit http://www.ahlei.org |