Restaurant Revenue Management Workshop

Objectives:
• Understand the principles of revenue management in the restaurant industry
• Learn strategies to optimize revenue and profitability in restaurant operations
• Develop skills to analyze data and make informed decisions to maximize restaurant revenue
Course Content:
• Introduction to Revenue Management in Restaurants
• Overview of revenue management concepts
• Importance of revenue management in the restaurant industry
• Pricing Strategies for Restaurants
• Menu engineering and pricing techniques
• Dynamic pricing and promotions
• Demand Forecasting and Capacity Management
• Analyzing demand patterns
• Managing capacity to maximize revenue
• Data Analysis for Revenue Optimization
• Utilizing data analytics tools
• Interpreting data to make strategic decisions
• Revenue Management Best Practices
• Implementing revenue management strategies
• Case studies and real-world examples in restaurant revenue optimization

Methodology
The training methodology integrates lectures, interactive discussions, collaborative group exercises, and illustrative examples. Participants will acquire a blend of theoretical insights and hands-on practical experience, emphasizing the application of learned techniques. This approach ensures that attendees return to their professional environments equipped with both the competence and self-assurance to effectively implement the acquired skills in their responsibilities

DATE:
1ST BATCH:        28th – 31st Jan, 2025     

2ND BATCH:       3rd – 6th June, 2025
3RDBATCH:        14th – 17th Oct, 2025