Introduction to Hotel Room Inventory Management

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Introduction to Hotel Room Inventory Management

Instructor: Dubai College of Tourism

Included with

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1 module

Gain insight into a topic and learn the fundamentals.

Beginner level

Recommended experience

2 hours to complete

Flexible schedule

Learn at your own pace

1 module

Gain insight into a topic and learn the fundamentals.

Beginner level

Recommended experience

2 hours to complete

Flexible schedule

Learn at your own pace

What you'll learn

Hotel Inventory Management
Revenue Management
Availability Control

Skills you'll gain

Tools you'll learn

Details to know

Shareable certificate

Add to your LinkedIn profile

Assessments

4 assignments

Taught in English

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There is 1 module in this course

This course provides a thorough guide to managing hotel room inventory effectively, designed for front-line hotel staff, entry-level revenue managers, and hospitality professionals seeking to enhance their revenue management skills. No prior experience in revenue management is required. However, a basic understanding of hotel operations and a familiarity with hotel software systems will be beneficial. This course provides a thorough guide to managing hotel room inventory effectively. Learn how to determine physical availability, optimise your room mix, and implement strategic overbooking practices to maximise revenue and guest satisfaction. You will also explore availability controls and learn how to set appropriate overbooking limits to achieve optimal occupancy and profitability.

This module explores the critical concepts of hotel room availability and overbooking. You'll learn how to determine physical availability, manage room inventory, and implement strategic overbooking practices. Explore the impact of overbooking strategies, learn how to set appropriate limits, and understand how to utilise availability controls to optimise revenue and guest satisfaction.

What's included

12 videos4 assignments

12 videos Total 30 minutes

Introduction to Hotel Room Inventory Management 1 minute
Determining Physical Availability 3 minutes
Other Deductable Room Categories 3 minutes
Your Ideal Room Inventory Mix 5 minutes
What is Overbooking? 1 minute
The Impact of a No Overbooking Strategy 1 minute
The Impact of an Overbooking Strategy 2 minutes
When to Employ Overbooking 2 minutes
Setting Overbooking Limits 1 minute
Overbooking Split Across Room Types 3 minutes
What are Availability Controls? 2 minutes
Key Availability Controls 6 minutes

4 assignments Total 120 minutes

Room Inventory Mix 30 minutes
The Practice of Overbooking 30 minutes
Overbooking Limits 30 minutes
Room Inventory Management - Final Assessment 30 minutes

Instructor

Dubai College of Tourism

15 Courses 18,687 learners

Offered by

Dubai College of Tourism

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