EVENTS REVENUE MANAGEMENT COURSES
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Start anytime
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Study anywhere
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Practical skills
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Be job ready
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Affordable from US$35 for HSMAI Members
- US$40 for non-members
In 2024, HSMAI Academy collaborated with Republic Polytechnic in Singapore to develop some basic courses in Total Revenue Management. We are proud to announce the first three courses are being launched on the 30th June, 2024. The second three courses relate to Events Revenue Management.
If you’d like to be kept up to date on the availability of these courses, please enter your email address below.
3 Courses to get you started with Events Revenue Management
The Events Revenue Optimisation course is designed to equip revenue managers, director of catering, catering managers, event planners and organisers with the necessary skills and knowledge to maximise revenue for their event space.
The course begins with understanding the similarities between rooms and function space and discovers the unique characteristics of functions space and revenue sources. Most importantly, participants will learn how to increase yields through various business strategies e.g. space optimisation theory, pricing, and relevant communication tools. The management of demand and supply is crucial in revenue optimisation
These courses will provide you with an overview of function space revenue management and its relevance; equipping you with the skills needed to establish useful data and metrics to enhance your event space performance.
In this 1-hour e-learning course is designed specifically for participants who want to explore the application of revenue management strategies in the function spaces to improve profits. You will be introduced to the basic concepts, theories, terms, and tools of Event Space Revenue Management.
Topics covered in this course include:
- Common grounds and differences between rooms and function spaces in hospitality
- Types of function spaces and roles in revenue generation
- Revenue Sources and Optimization Strategies for Function Spaces
This 1-hour e-learning course is designed for participants to build the students’ understanding of how yield management strategies specifically apply to event spaces, with a focus on generating higher revenue through intelligent upselling.
Topics covered in this course include:
- Introduction to revenue maximization in event spaces
- Identifying upselling opportunities
- Strategies for effective upselling
This 1-hour e-learning course is designed for participants to build the students’ understanding of how yield management strategies specifically apply to event spaces, with a focus on explaining space optimization theory for event space revenue management.
Topics covered in this course include:
- Introduction to Space Optimization
- Techniques for Maximizing Space Utilization
- Leveraging Technology for Space Optimization
To obtain a certificate in revenue optimisation, please visit the following for more information.
WHO SHOULD TAKE THIS COURSE:
The Events Revenue Optimisation program is designed to equip revenue managers, director of catering, catering managers, event planners and organisers with the necessary skills and knowledge to maximise revenue for their event space.
This is one of the courses the HSMAI Academy has curated into our collection of useful learning for anyone working in commercial areas in the Hospitality Industry. The courses were developed by Republic Polytechnic.
The author of the courses is Adeline Lee.
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Adeline Lee Assistant Programme Chair (Diploma in Restaurant and Culinary Operations), Republic Polytechnic Singapore
HSMAI points available – 1 point per module, 3 points for the full 3 courses to be awarded to learners. These can be used to build up your points to qualify for any HSMAI certification.
Available approx 30th June, 2024
PRICING
- Each Course is HSMAI Members pay US$35 and Non-members pay US$40
- If you purchase all three courses in one transaction, the charge will be US$90 for Members and US$105 for Non-members.
- Includes online access to course material for 12 months
- A certifciate of completion is issued after each course.
EDUCATION PARTNER
After completing these courses, if you’d like to expand your learning and earn a Certificate in Revenue Optimisation from the Republic Polytechnic, please visit their website for more information.
