This introductory course explores the dynamic field of restaurant revenue management (RRM) and is designed for restaurant managers, supervisors, and other hospitality professionals seeking to enhance their revenue generation capabilities. A basic understanding of restaurant operations, including front-of-house and back-of-house functions, is recommended. Gain a practical understanding of RRM principles and how to apply them to maximise your restaurant's profitability. You'll learn to identify key performance indicators (KPIs), analyse data to understand busy and slow periods, and develop effective revenue-generating strategies. The course also covers forecasting, pricing strategies, table management techniques, and how to gain team buy-in for your RRM initiatives. By the end of this course, you'll be equipped with the knowledge and tools to optimise your restaurant's performance and drive financial success.
RevPASH (Revenue Per Available Seat Hour)
Loading...
Skills You'll Learn
Data Analysis, Team Management, Restaurant Operation, Forecasting, Key Performance Indicators (KPIs), Financial Forecasting, Data-Driven Decision-Making, Price Negotiation, Hospitality Management, Performance Measurement, Revenue Forecasting, Business Strategies, Customer Demand Planning, Revenue Management, Performance Analysis, Trend Analysis
From the lesson
Data-Driven Restaurant Revenue Management
Taught By
Dubai College of Tourism