Restaurant Revenue Management
Offered By: eCornell
This 100% online series, the Certificate in Restaurant Revenue Management, explains critical restaurant revenue management concepts and describes how to apply them in the hospitality industry.
This certificate provides learners with an introduction to the restaurant revenue management approach. It explains why both meal duration and occupancy levels have a profound effect on the bottom line and how variable pricing is used to increase revenue at your restaurant. It focuses on how to implement desired changes efficiently to produce measurable improvement in market share and overall revenue for your foodservice operation.
Find out how to use a service blueprint to improve the service delivery process and increase profits, and examine such variables as client flow, menu planning, dining time, optimal table mix, meal duration, and variable pricing. Use practical analytical tools to diagnose and solve issues that have made it difficult for you to increase your revenue. Learn how to implement revenue management in five steps.
