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Role of Forecasting
Course Code: RX-AL-C3
Revxpert - Training Courses - Role of Forecasting
Course Duration:
2 Days
Credit Hours:
3 Hours
Enroll Now for ₹ 4,000

Overview and Benefits

How do we make an accurate forecast for a hotel? This course focuses on the theory behind demand forecasting, trending and use of inventory management controls, including overbooking strategies.

Topics Covered

  • What to Forecast
  • Steps to improve high demand forecasts
  • Forecasting - Information Source
  • Demand Forecasting, availability controls and restriction
  • Demand Control Chart
  • Problem of no-show - Arrival uncertainty & consequences

Ideal For

  • Managers and Executives in Rooms Division, Sales and Marketing and General Management with the responsibility of optimizing revenues and integrating it throughout the company
  • Hotel professionals looking at improving their revenue management and distribution knowledge and skills

Important Information

Training includes:

  • Tutorial and study material
  • Certificate Of Completion
  • Exam at the end of the course

Programmes covering this Course

This course can be applied to below programmes:

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PAYMENT PLANS
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