HMGT 2250 - Revenue Management in Hospitality Operations

3 sem hrs cr

This course instructs students in the skills necessary to obtain a solid understanding of hospitality revenue management’s key concepts and the selective application of its most effective strategies and tactics.  Students will learn the applicability of revenue strategies and their operational aspects for the hospitality industry.

 

Transfer (UT) or Non-Transfer Course (UN): UN

Students will be able to…

• understand the methods and systems utilized in hospitality businesses for optimizing revenue in hospitality operations.
• explain and examine the concept of dynamic pricing in the industry.
• understand the industry software utilized in revenue management.
• learn ways to increase length of room night stays and other tactics to increase occupancy.
• learn and utilize industry reports and benchmarking to optimize pricing.