Introduction:

At the present time the market competition growing day after day. The management should have a well awareness of that growth and planning for improved revenue in order to maintain the appropriate profit margin. Revenue Management is the act of skillfully, carefully, and tactfully managing, controlling and directing capacity and sources of income, given the constraints of supply and demand. A Revenue Management involves many of the basic concepts that comprise the filed of economics such as markets, forecasts, cost, scarcity, and elasticity.

Finally, an application of the study of Strategic Management is useful in developing goals and objectives in the creation of a Strategic Revenue Management plan for the organization

Course Contents :

• Market segmentation and selection

• Control loop of internal assessment and competitive analysis

• Positioning concept

• Standard pricing methods

• Standard channel of distribution

• Channel and inventory management

• The revenue management team

• Four steps of budget development

• Standard methods of budgeting process

• Steps Strategic management

• Tools, tactics and resources applications in sports, entertainment and event management

• Application in lodging and Food & Beverages

Target Audience:

All managers working in hospitality industry. It is also related to travel agency and cruise ship managers.

Venue:
Ramses Hilton Hotel

Course Language:
The Course will be held in English language.

Duration:
3 Days: From 14^th to 16^th of March, 2009
From  5:30 am to 10:00 p.m.

Registration Deadline:
Saturday 28^th of February, 2009