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Introduction to Revenue Management

This course will provide you the basic knowledge of revenue management. Participants will look at the principles of revenue management and understand the principles that drive it. They will understand what a Revenue Manager does as part of their daily routine. 

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Introduction to Revenue Management

This course will provide you the basic knowledge of revenue management. Participants will look at the principles of revenue management and understand the principles that drive it. The course will explore the different concepts that make up this fascinating topic, including game theory, pricing approaches and the psychology behind pricing. At the end of this unit, you will have a solid grounding in the principles of revenue management and pricing.

Why Take This Course?

  • The course is composed of recorded videos, a practical exercise, executive interviews and readings offering you solid financial concepts and theories.
  • The content is based on the modules delivered in EHL’s MBA in Hospitality program.

Course content

Picto Simple
20 Lecture Videos
Picto Simple
1 Practical Exercise
Picto Simple
7 Reading

Learning Journey

2 weeks online courses

  • Learning facilitators available for participant support
  • 100% online, self-paced, and accessible whenever and wherever
  • Certificate of Completion delivered by EHL Hospitality Business School
  • Course content curated by EHL faculty and experts 

Topics List 

What is revenue management  

  • Introduction to Revenue Management
  • Revenue Management game
  • Revenue management game outcomes
  • The principles of revenue management

Pricing strategy

  • Prisoner’s dilemma
  • Game theory and best rate guarantee
  • Price discrimination
  • Rate fences
  • The psychology of pricing

The assessment can range from multiple choice quizzes (MCQ) to more open-response evaluations, like a case study. 

Is this course right for me?

A Program Advisor will get back to you with feedback or suggestions.

Who should apply?

This course is designed for young hospitality professionals who are looking to learn fundamentals of revenue management in hospitality. 

Admission Criteria

There are no admission requirements to enroll to this course.

Admission Process

To enroll, choose the desired intake and fill in your personal details. You will receive an email with the payment link. You are accepted in the course only upon receipt of payment.

Deadline

We must receive payment at least five days before the start of the course. Late enrollments can be accepted on a case-by-case basis.

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Cost

CHF 360

FAQ

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Payment methods

EHL uses the payment platform Flywire, which provides various payment methods, has no hidden bank fees, and offers favorable exchange rates. The link to the payment platform will be provide after the enrollment form.

Course structure


The 15-week course is a bundle of three individual 5-week courses. Each individual course is structured as following: 
- four weeks of course content
- one week for the final assessment
The advantage of signing up to a the bundle of three courses is the 10% discount, already applied (CHF 5,940 instead of CHF 6,600)

Course content


The course is composed of recorded videos, interactive exercises, case studies and executive interviews. 
The content is based on the modules delivered in EHL’s MBA in Hospitality program.

Final assessment


At the end of each 5-week course, participants are required to take a final assessment. Upon successfully passing the assessment, participants get a certificate of completion.
Depending on the course, the assessment may range from multiple choice quizzes (MCQ), where only one answer is correct, to more open response evaluations, like a case study.
To successfully pass the assessment, participants must get a minimum of 60% of the total points available. You can either PASS or FAIL a certificate, no numerical grades will be officially reflected in the certificate.

Retakes


Retakes are not available at the end of a program if you fail the final assessment. If you wish to retake the final assessment, you need to re-enroll for the next available session.

Connecting to the platform


A couple of days before the start of the course, participants will receive their credentials by email and will be required to first change their password before being able to join our learning platform Moodle.

Certificate of completion


A certificate of completion, delivered by EHL, can be obtained at the end of each 5-week course, providing each final assessment is successfully passed.
Each certificate of completion is delivered electronically (secured pdf) with a unique ID associated to the participant.
If a final assessment is failed, no certificate or document related to that course is delivered. Each course is independent from one another; failing a final assessment on one course has no implication on the other courses.

AEHL member discount


AEHL members are entitled to the alumni discount. To benefit from the discount, participants must enter their AEHL number in the discount field in the enrollment form.
Please note this course already has a 10% discount applied. For full details about, please check the EHL Alumni Connect platform.