SIT Learn
SIT Learn

Overview

This course targets middle managers and staff at the supervisory level in the hotel industry who are responsible for revenue maximization, and ultimately for profit optimization. They want to learn more about revenue optimization strategies across different departments, and to understand the complexity and challenges of channel management. Through case studies and learning activities, participants will learn new and different ways to deal with upcoming challenges in the hotel industry, and relate learning to practice.


Speakers / Trainers

What You’ll Learn

Topic 1

  • Revenue Management 101: What is it and how does it work?
  • Pre-requisites of revenue management
  • Strategic levers and tactics

Topic 2

  • Revenue Management Application: The interdependence of Space, Time and Pricing, with focus on supply & demand strategies, forecasting, market segmentation, pricing tactics and fencing, and development of competitive sets

Topic 3

  • Revenue Management Implementation: A step-by-step approach and preparation of a revenue management plan

Topic 4

  • Revenue Management in different areas such as Rooms, Gastronomy and Spa (THRM practice)

Topic 5

  • Revenue Management and Distribution, with a focus on new and traditional distribution methods, and direct booking initiatives

Who Should Attend

Professionals from the hospitality and relevant industries that require the knowledge and skills in managing revenue.

 

Certificate and Assessment

A Certificate of Participation will be issued to participants who:

  • Attend at least 75% of the workshop
  • Undertake non-credit bearing assessment (during the workshop).

Schedule

Dates Venue

29th Nov to 1st Dec 2018
(9am to 5pm)

Devan Nair Institute for Employment and Employability, 80 Jurong East St 21 Singapore 609607

Fees

Category Full Fee After SF Funding After SF Mid-Career
Enhanced Subsidy
Singapore Citizen (Below 40) /
Singapore PR
$1,605.00 $481.50 Not Eligible
Singapore Citizen (40 & above) $1,605.00 $481.50 $181.50
Non-Singaporeans $1,605.00 Not Eligible Not Eligible
 
Note:
  • All figures include GST. GST applies to individuals and Singapore-registered companies.
  • You can opt for either SkillsFuture Funding or Mid-Career Enhanced Subsidy. Both cannot be combined.

» Learn more about funding types available

Terms & Conditions:

SkillsFuture Funding

To be eligible for the 70% training grant awarded, applicants (and/or their sponsoring organisations where applicable) must:
  1. Be a Singaporean Citizen or Singapore Permanent Resident
  2. Not receive any other funding from government sources in respect of the actual grant disbursed for the programme

SkillsFuture Mid-Career Enhanced Subsidy

To be eligible for the 90% enhanced subsidy awarded, applicants (and/or their sponsoring organisations where applicable) must:
  1. Be a Singaporean Citizen
  2. Be at least 40 years old
  3. Not receive any other funding from government sources in respect of the actual grant disbursed for the programme

Union Training Assistance Programme (UTAP)

This is a Union Training Assistance Programme (UTAP) supported course. If you are an NTUC member, you can enjoy 50% unfunded course fee support for up to $250 each year for courses supported under UTAP. Terms and conditions apply.

SIT reserves the right to collect the balance of the programme fees (i.e. the potential grant amount) directly from the applicants (and/or their sponsoring organisations where applicable) should the above requirements not be fulfilled.

SIT reserves the right to make changes to published course information, including dates, times, venues, fees and instructors without prior notice.

Key Info

Venue Devan Nair Institute for Employment and Employability, Singapore 609607
Time 09:00 AM to 05:00 PM
Date 29 Nov 2018 (Thu)
01 Dec 2018 (Sat)

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