Forecasting Masterclass for Hoteliers

Short course

In London

£ 350 VAT inc.

Description

  • Type

    Short course

  • Level

    Intermediate

  • Location

    London

  • Class hours

    8h

  • Duration

    1 Day

The 1 day forecasting masterclass is a natural continuation from our 2 day introduction to hotel revenue management.

Theoretical learnings are applied immediately, asking attendees to produce their own manual forecast, and then test it by responding to business situations, assessing demand and using market intelligence to make decisions to revise strategies.
The learning environment that we create is friendly and mutually supportive with interactive discussions, and practical challenges.

Important information

Documents

  • Forecasting Masterclass Flyer Jan 2017.pdf

Facilities

Location

Start date

London
See map
The Bloomsbury, WC1B 3NN

Start date

On request

About this course

The programme will provide attendees with an understanding of the data needed to produce a forecast as well as the methods of forecasting. Attendees will leave being able to produce a forecast manually that is accurate and reliable, practically tested and able to drive business forward.

The course has been designed as a follow on from the 2 day introductory course in hotel revenue management or for those who are new to revenue management. Typically, attendees on the course will be hotel managers, junior revenue managers/coordinators or working in front office, reservations.

Delegates are required to have basic excel skills.

The programme will be delivered by Sylvia Ganbert, teaching fellow at The University of Surrey, and Janel Clark, Head of Consultancy and Education at SnapShot. Sylvia has recently returned to the UK following 4 years in Dubai, working in some of the most exclusive properties within Tiara Hotels & Resorts, Fairmont Raffles Hotels International and InterContinental Hotel Group. Between them they have combined experience of over 40 years in the area of Revenue Management, having worked worldwide in both independent and large group hotel businesses. They are perfectly placed to provide sound teaching, demonstrating first-hand experience along with an understanding of current challenges and developments in the area of revenue management.

We can call you to discuss the course and Information will be provided about how to book.

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Reviews

Subjects

  • Forecast financial statements
  • Excel Sheet

Teachers and trainers (2)

Janel Clark

Janel Clark

Head of Consultancy and Education at SnapShot

Sylvia  Ganbert

Sylvia Ganbert

Teaching Fellow at the University of Surrey

Course programme

The key topics for the one day course includes forecasting methods, market awareness, segmentation and identifying trends, demand driven decision making. Gathering data and producing a manual forecast. Understanding demand levers. Pick-up, wash, pace. Assessing business on the books. Market testing and evaluation. Understanding variances and amending a forecast.

The programme will provide attendees with an understanding of the data needed to produce a forecast as well as the methods of forecasting. Attendees will leave being able to produce a forecast manually that is accurate and reliable, practically tested and able to drive business forward.

Forecasting Masterclass for Hoteliers

£ 350 VAT inc.