Pricing Strategies and Distribution Channels for Hotels
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Author: DCT
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Level: Introduction
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Study time: 4 hours
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This course is designed to provide you with a basic understanding of supply and demand economics, the frameworks behind various common pricing strategies, typical ways in which prices are set in hospitality and the distribution channels used for product promotion in the industry.
Complete the course quizzes for a DCT-Online Certificate of Completion.
Complete the course quizzes for a DCT-Online Certificate of Completion.
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Video time: 14 lessons
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Exams: Five Quizzes
What you will learn
The framework that supports a set of pricing strategies
The fundamental basics for pricing like the economics of supply & demand and the overall determinants of demand
Various pricing strategies that can be adopted in hospitality to price different products and services
Pricing innovations in hospitality
The distribution channels used to promote hospitality products