Hotel Profit Discovery

How to Forecast for
Hotel Analysis 

Who has registered for this course:

Revenue Managers | Finance & Accounting Managers | Asset Managers
General Managers | F&B Managers | Consultants | Operations Managers

12+ Hours of Short, One-topic, On-demand, Pre-recorded videos
Includes 4 sessions of One-on-One coaching with Instructor
Self-Paced with No Time Limit and ‘Forever’ Course Access

Real Hotel Data | Downloadable Excel Templates | Certificate of Completion

What You Will Learn

The Best Predictive Techniques

Statistical Concepts for Forecasting

Excel Forecasting functions

Simple Moving Average

Weighted Moving Average

Exponential and Double Smoothing

Exponential Smoothing with Trend Adjustments

Seasonality Smoothing

Excel Array functions

Bayesian Forecasting

Measuring Forecast Accuracy

Improving Forecast Accuracy

Regression Techniques

Applied to Real Hotel Data

Forecasting Year-over-Year Growth

Forecasting Techniques for Group Sales

Forecast Group Pickup and Attrition

Forecast No Shows and Cancellations

Forecast Negotiated Rate Sales

Dynamic Forecasting for Transient Sales

Forecast Ancillary Sales and Covers

Forecast Variable Costs

Forecast the 21 Dimensions of Hotel Revenue Discovery

Building a P&L Forecasting Model

Build Rolling Forecasts

Connecting to Transaction Systems for Streaming Forecasts

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Leap to the Top .1% of revenue talent.

This course consists of 12+ hours of short, on-demand videos, downloadable templates, 4 hours of one-on-one coaching($400 value) and a verifiable electronic certificate upon completion. All course materials available October 21, 2017. Fall spaces limited to 35 students.

$1,295.00 Take this Course

No programming or mathematics background required.

No-nonsense, Immediate-Impact Training

Most hotel analysis courses focus an a specific software or platform, thereby limiting your ability to transfer your knowledge to other systems. Not this one.

THIS COURSE IS VENDOR AGNOSTIC. WE DO NOT PROMOTE OR LIMIT THE COURSE TO ANY SPECIFIC RMS, PMS, STATISTICS PACKAGE OR ANY OTHER SOFTWARE.  WE ALSO DO NOT PROMOTE ANY THIRD PARTY COMPANIES OR CONSULTING SERVICES INCLUDING OWL.  THIS COURSE IS NOT AFFILIATED WITH ANY HOTEL ASSOCIATION OR HOSPITALITY COMPANY.

The Instructor

Robert Hernandez is an expert in the field of mathematical Hotel Optimization and Analytics. He has spent the last 17 years building data-driven forecasting and optimization models for companies in over 20 different industries, from tech to tourism. Robert possesses a very unique skill set including cross-disciplinary experience, advanced mathematical and analytics skills, data transformation, industry-specific knowledge and business-process improvement expertise. Robert began his career at the Walt Disney Company in Revenue Planning. Read More+

 

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