HTE 488 - Revenue Management

Description:
Best practices in revenue management including asset management and real estate purchases. Focus on application of formulas specific to asset management within hospitality industries, and mathematical computation skills needed for success in financial endeavors.

Credits: (5)

Learner Outcomes:
Upon successful completion of this course, the student will be able to:

Learner will calculate and analyze cap rates.
Learner will formulate asset management purchasing decisions with a comprehension of par levels and EBITDA.
Learner will create a revenue-maximizing pricing model and explain the model’s fit in distribution channels.
Learner will identify best practices in overbooking and develop a mathematical strategy for overbooking.
Learner will cost a restaurant’s food and beverage operations.
Learner will earn CHIA Certification (Certified Hospitality Industry Analytics).

Learner Outcomes Approval Date:
4/22/19

Anticipated Course Offering Terms and Locations: