Introduction to Restaurant Revenue Management
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Author: DCT
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Level: Introduction
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Study time: 5 hours
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By the end of this course, you will be able to confidently collect vital data from your restaurants systems, analyse the findings and create a logical strategy for measurable improvements that contribute to revenue maximisation.
This course offers an easy-to-follow step by step guide to collecting research, implementing key calculations and understanding your restaurants performance. You will also be provided with downloadable templates for reporting, menu item costing and menu item “category analysis” which can be easily applied to your restaurant.
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: 22 lessons
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Exams: Four Quizzes
What you will learn
The basic concepts relevant to Restaurant Revenue Management
The 4 Major KPIs (Key Performance Indicators) used in Restaurant Revenue Management
How major KPIs are used in calculations that are central to revenue maximisation and strategy formulation
The basics of menu engineering and its role in maximising profit, including menu design strategies
Strategies and action plans for slow and busy periods in a restaurant
Typical daily reporting structures for Restaurant Revenue Management