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Oktay Urcan, Peter O'Connor, David Turnbull, Alex Slors, Brendan May, Lennert De Jong, Martin Soler, Nicolas Graf, Augustin Cacot, and Nathaniel Green

Market hospitality services, manage demand, and optimize revenue.

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Market hospitality services, manage demand, and optimize revenue.

This Specialization covers the basics of hotel demand management, distribution, and revenue management. You’ll learn how e-commerce intermediaries such as online travel agencies are impacting the already-complex hospitality sector, and you’ll explore tools and techniques that will help you effectively market hospitality services and maximize business revenue in this new global industry landscape. In the final Capstone Project, you’ll evaluate the importance of hotel branding in business success through a hands-on, real-world case study. During the sessions, you will hear from senior hotel industry executives commenting on distribution, revenue and demand management issues. We will also interview two leading Online Travel Agents on how to maximise online business for your property, and have partnered with Duetto and SnapShot, two leading hospitality industry companies, to gain access to cutting edge knowledge, thus insuring that the competencies that you gain will make you operational immediately as well as bang up to date on industry trends.

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What's inside

Four courses

The fundamentals of hotel distribution

(0 hours)
In today's hotel industry, a complex network of channels must be managed to ensure hotel success. Key questions include: how to distribute over the web, what to include on your brand.com website to encourage bookings, and how to maximize the potential of online travel agents (OTAs). This course will provide a comprehensive foundation of current industry practices to help jumpstart your career in this fascinating domain.

The Fundamentals of Revenue Management: The Cornerstone of Revenue Strategy

With a fixed capacity, a highly disposable product, and high fixed costs, hotels are a natural candidate for the application of revenue management. Originally developed by the airlines in the 1970s, these analytics-based techniques help predict consumer behavior at the hotel’s market level so that the hotel can sell each room each night at the optimum price.

Demand management: Breaking down today’s commercial silos

(0 hours)
The hospitality industry faces a challenge: a lack of integration between sales, revenue, distribution, and finance. This course aims to break down these silos and reveal the journey from long-term asset development to short-term profit tactics.

Hôtel “De l'étoile” - a hotel in crisis?

(0 hours)
In this case study exercise, you will apply knowledge about distribution, revenue, and demand management to a real-world case - Hotel "De l'étoile" - a prestigious upmarket internationally branded property in Paris that seems successful but is unprofitable.

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