Restaurant Revenue Management 3-course bundle
$105
A course will be available for 365 days upon enrollment
Leads to certification with duration:
1 year
Expertise / Commercial / Revenue Management

Restaurant Revenue Management 3-course bundle

A restaurant’s revenue is affected by the strategies and tactics that it implements. To optimise profits, restaurants would need to take into consideration various elements and these include demand, revenue, and supply management.

These courses will provide you with an overview of revenue management and its relevance; equipping you with the skills needed to establish useful data and metrics to enhance your restaurant’s performance. Subsequently, you will get to find out about management of supply and demand techniques as well as demand management which will enable you to better appreciate the impact customers’ demands have on a restaurant’s revenue.

The third course will discuss the role of supply management in realising revenue optimisation. You will also be introduced to pricing techniques, menu engineering, and analysis to complement the various strategies in place for revenue optimisation.

Curriculum content

  •
    This short e-learning course is designed specifically for participants who wants to explore the application of revenue management strategies in the restaurant industry to improve profits. You will be introduced to the basic concepts, theories, terms, and tools of Restaurant Revenue Management. Topics covered in this course include: Revenue management principle in restaurants. Key Performance Indicator –  RevPASH . Data and metrics required for restaurant revenue management.

    • Lesson Introduction to Restaurant Revenue Management

    • Lesson Course Completion Survey

  • This e-learning course is designed for participants who are aiming to enhance their understanding of restaurant demand management. Participants will delve into the crucial link between restaurant demand and revenue, exploring how fluctuations in customer demand directly impact profitability. You will learn how to: 1. Explain ways in which restaurant demand impacts restaurant revenue. 2. Explain variable pricing in restaurant revenue management. 3. Examine menu engineering and analysis. 4. Examine three types of restaurant arrival and its impact on restaurant demand.

  • The third e-learning course is designed for participants to enhance their understanding of restaurant supply management. Participants will gain insights into the crucial link between restaurant supply and revenue management, exploring how effectively managing the supply side of the business can directly impact profitability. Topics covered in this course include: Capacity planning Restaurant occupancy and dining duration Table Matrix Analysis