Unlocking Profit Potential: Foundations of F&B Revenue Management
Unlock your business’ recipe for success by maximizing its profits with these essential revenue management principles.
Duration
2 weeksWeekly study
1 hour100% online
How it works
Unlocking Profit Potential: Foundations of F&B Revenue Management
Learn how to bring profit to the table with FERRANDI Paris
Join this two-week online course to gain the foundation of managerial skills and technical expertise essential to help your business thrive in the food and beverage industry.
During this course, you will learn from Cristina Polo expert at FERRANDI Paris, a renowned institution specialising in gastronomy and hospitality education, who will help you discover ways to harness profits by mastering pricing and revenue management.
Unlocking profit potential by understanding the fundamentals of revenue management
To become a successful restaurant or business manager, it is fundamental that you understand the principles of revenue generation and profit maximisation.
In the first week of this course you will understand what revenue management is and how it can drive performance within your business and across the food and drink industry.
Optimising commercial operations in the hotel and restaurant sector
In week two you will explore the key concepts of profit maximisation.
To maximise your restaurant’s potential, you’ll examine pricing models, reservation systems, booking policies and engagement strategies, and how each can be adapted to best fit your business model.
By the end of this course, you will have the specialist knowledge to successfully run a restaurant or develop a food and beverage business.
Syllabus
Week 1
Optimizing Every Table, the definition of restaurant revenue management
Course welcome
Welcome to the first week of course, and let's take advantage of this activity to get to know each other.
Restaurant revenue management
At the end of this activity you will be able to define revenue management and explain its importance in the restaurant industry.
Reflect & Connect
Wrapping this week
Week 2
Restaurant revenue management action point
Ready for Week 2
Learning outcomes, key point, trends scooting and monitoring... Let's take a closer look at the week's activities.
Levers
Let's define key revenue management concepts.
Reflect and connect
Wrapping this course
When would you like to start?
Start straight away and join a global classroom of learners. If the course hasn’t started yet you’ll see the future date listed below.
Available now
Learning on this course
On every step of the course you can meet other learners, share your ideas and join in with active discussions in the comments.
What will you achieve?
By the end of the course, you‘ll be able to...
- Define and explain the significance of revenue management in the restaurant industry.
- Identify the core components that drive successful revenue management.
- Describe the various levers you can use to optimize your restaurant's revenue.
Who is the course for?
This course is designed for anyone interested in or working in the food and beverage industry or related service field. No prior knowledge is needed to take this course.
Who will you learn with?
With over 25 years of experience in the hospitality industry across EMEA, I design and facilitate revenue management, distribution, sales, and management courses at Ferrandi Paris.
Who developed the course?
Ferrandi Paris
FERRANDI Paris, a prestigious institution in the field of hospitality education, is a member of the Conférence des grandes écoles. It is dedicated to cultivating excellence in gastronomy and hospitality, grooming elites to be actors of renewal in France and abroad.
Ways to learn | Buy this course | Subscribe & save | Limited access |
|---|---|---|---|
| Choose the best way to learn for you! | $109/one-off payment | $27.99 For the first two months. Automatically renews | Free |
| Fulfill your current learning need | Develop skills to further your career | Sample the course materials | |
| Access to this course | tick | tick | Access expires 17 May 2024 |
| Access to 1,000+ courses | cross | tick | cross |
| Learn at your own pace | tick | tick | cross |
| Discuss your learning in comments | tick | tick | tick |
| Tests to check your learning | tick | tick | cross |
| Certificate when you're eligible | Printed and digital | Digital only | cross |
Cancel for free anytime |
Ways to learn
Choose the best way to learn for you!
Subscribe & save
$27.99
For the first two months. Automatically renews
Develop skills to further your career
- Access to this course
- Access to 1,000+ courses
- Learn at your own pace
- Discuss your learning in comments
- Tests to boost your learning
- Digital certificate when you're eligible
Cancel for free anytime
Buy this course
$109/one-off payment
Fulfill your current learning need
- Access to this course
- Learn at your own pace
- Discuss your learning in comments
- Tests to boost your learning
- Printed and digital certificate when you’re eligible
Limited access
Free
Sample the course materials
- Access expires 17 May 2024
Find out more about certificates, Unlimited or buying a course (Upgrades) Sale price available until 5 May 2024 at 23:59 (UTC). T&Cs apply. | |||
Find out more about certificates, Unlimited or buying a course (Upgrades)
Sale price available until 5 May 2024 at 23:59 (UTC). T&Cs apply.
Learning on FutureLearn
Your learning, your rules
- Courses are split into weeks, activities, and steps to help you keep track of your learning
- Learn through a mix of bite-sized videos, long- and short-form articles, audio, and practical activities
- Stay motivated by using the Progress page to keep track of your step completion and assessment scores
Join a global classroom
- Experience the power of social learning, and get inspired by an international network of learners
- Share ideas with your peers and course educators on every step of the course
- Join the conversation by reading, @ing, liking, bookmarking, and replying to comments from others
Map your progress
- As you work through the course, use notifications and the Progress page to guide your learning
- Whenever you’re ready, mark each step as complete, you’re in control
- Complete 90% of course steps and all of the assessments to earn your certificate
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