Hotel management forecasting techniques
Hotel management forecasting techniques, available at $49.99, has an average rating of 3.92, with 22 lectures, based on 6 reviews, and has 36 subscribers.
You will learn about Simple forecasting techniques for hotels Advanced forecasting techniques for hotels Time series forecasting techniques for hotels Estimating the number of sold rooms in a specific period Using historical data to estimate the number of sold rooms in a specific period How to project future sales How to set up a simple forecast How to set up more advanced forecasts Long term forecasting Short term forecasting Forecasting based on the booking curve This course is ideal for individuals who are Beginner hotel managers or Hotel managers or Revenue managers or Bed and breakfast owners or Rooms division managers or Manager of establisments that sell/rent space like rooms, seats and more It is particularly useful for Beginner hotel managers or Hotel managers or Revenue managers or Bed and breakfast owners or Rooms division managers or Manager of establisments that sell/rent space like rooms, seats and more.
Enroll now: Hotel management forecasting techniques
Summary
Title: Hotel management forecasting techniques
Price: $49.99
Average Rating: 3.92
Number of Lectures: 22
Number of Published Lectures: 22
Number of Curriculum Items: 22
Number of Published Curriculum Objects: 22
Original Price: $89.99
Quality Status: approved
Status: Live
What You Will Learn
- Simple forecasting techniques for hotels
- Advanced forecasting techniques for hotels
- Time series forecasting techniques for hotels
- Estimating the number of sold rooms in a specific period
- Using historical data to estimate the number of sold rooms in a specific period
- How to project future sales
- How to set up a simple forecast
- How to set up more advanced forecasts
- Long term forecasting
- Short term forecasting
- Forecasting based on the booking curve
Who Should Attend
- Beginner hotel managers
- Hotel managers
- Revenue managers
- Bed and breakfast owners
- Rooms division managers
- Manager of establisments that sell/rent space like rooms, seats and more
Target Audiences
- Beginner hotel managers
- Hotel managers
- Revenue managers
- Bed and breakfast owners
- Rooms division managers
- Manager of establisments that sell/rent space like rooms, seats and more
This course ‘Hotel management forecasting’ is based towards students who are new to the hospitality industry or are small business owners who want to learn how to predict future sales in an accurate manner.
Forecasting is one of the most important things you can ever learn as hotel manger or business owner in general. It helps to set your business up in a proper way for the future and make decisions based on accurate estimations. Whether you need to figure out how much products you’ll sell, rooms you’ll rent or how many costs you’ll be making, forecating is the technique to help you figure all that out.
If you have little to no experience when it comes to forecasting this course will help you understand and apply a complex strategy in a simple way.
Together we will discuss all the basics of forecasting and go over the steps needed to set up a simple forecast, a more advanced forecast and an elaborate time series forecast. By the end of this course you will have a solid foundation and basic understandingof; what forecasting is, how to set up different type of forecasts, what data to use and how to structure it and how to interpret the data.
When you’ve finished this course you’ll be able to calculate and understand things like; a baseline, seasonality index, regression analysis and more.
So jumpstart your forecasting skills today!
Course Curriculum
Chapter 1: Introduction
Lecture 1: Introduction
Chapter 2: The basics of forecasting
Lecture 1: Forecasting explained part 1
Lecture 2: Forecasting explained part 2
Chapter 3: Basic forecasting techniques part 1
Lecture 1: The naive forecast for the hotel manager
Lecture 2: The percentual growth method for the hotel manager
Chapter 4: Basic forecasting techniques part 2
Lecture 1: The average method for the hotel manager
Lecture 2: The weighted average method for the hotel manager
Chapter 5: Introduction to advanced forecasting
Lecture 1: Introduction
Chapter 6: The short term and long term forecast
Lecture 1: 2.1 Short term and long term forecasting part 1
Lecture 2: 2.2 Short term and long term forecasting part 2
Chapter 7: The moving average forecasting techniques
Lecture 1: 3 The moving average forecast
Lecture 2: 4 The weighted moving average forecast
Chapter 8: Exponential smoothing forecasting
Lecture 1: 5 Exponential smoothing for hotel managers
Chapter 9: Introduction to time series forecasting
Lecture 1: Introduction
Lecture 2: The introduction to time series forecasting
Chapter 10: Time series forecasting
Lecture 1: The elements and formula
Lecture 2: The averages
Lecture 3: The seasonality
Lecture 4: The time series forecast
Chapter 11: Outro
Lecture 1: The outro
Chapter 12: Q & A
Lecture 1: Questions
Lecture 2: Answers
Instructors
-
Jeroen Offergelt
Teacher business management, nutrition & personal trainer.
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- 2 stars: 0 votes
- 3 stars: 2 votes
- 4 stars: 3 votes
- 5 stars: 1 votes
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