Hotel Pricing Strategies
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Author: DCT
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Level: Introduction
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Study time: 2 hours
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This short course provides insights into forecast based pricing and occupancy and length-of-stay based pricing.
We also review the importance of loyalty pricing and attribute based pricing.
All of these concepts working in parallel are critical for a successful hotel pricing strategy.
Complete the course quizzes for a DCT-Online Certificate of Completion.
We also review the importance of loyalty pricing and attribute based pricing.
All of these concepts working in parallel are critical for a successful hotel pricing strategy.
Complete the course quizzes for a DCT-Online Certificate of Completion.
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Video time: 4 lessons
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Exams: Two Quizzes
What you will learn
The theoretical foundations of Menu Engineering
How to cost dishes and apply menu engineering calculations to your restaurant menu
How to assign dishes to an engineering category based on profit margin and popularity
The impact of a strategically designed menu on your bottom line
How to calculate menu item pricing
How to highlight feature menu items to promote sales
