Lesson 3.1 Occupancy, Average Daily Rate and Revenue Per Available Room

Correct implementation of Hotel Revenue Management has the ability to substantially increase a venue’s sales whilst also increasing overall profitability. By the end of this course, you will be able to evaluate your hotel performance, define a basic room revenue forecast, define overbooking limits, create a basic dynamic rate structure to support your hotel room revenue maximisation.
This course offers an easy-to-follow step by step guide to monitor your hotel room revenue performance and various tools and strategies at your disposal to maximize it.