
Food & Beverage Revenue Management
Food & Beverage Revenue Management is defined as a process to optimize revenue and profitability of all food & beverage outlets by effectively managing pricing, inventory and demand while enhancing the customer experience.
Food & Beverage Revenue Management Package

•introduction to revenue management principles
•introduction of RevPASH (the concept, goal setting, reporting)
•revenue optimizing strategies for all outlets (including room-service and pool-service) and all meal periods
•training on suggestive selling (upselling, high profit margin selling, add-on selling, beverage pairing)
•menu engineering (theory and implementation)
•POS report analysis
•demand forecasting skill training
•dynamic pricing (concept and implementation)
•F&B Packages (culinary flight, Half Board/Full Board)
•Happy Hour (concept, goal setting, implementation)
•cross-selling training for Front Office
Revenue Management is not a person or a tool, but a process that if understood and practiced by all departments, will result in market share growth, profit optimization and customer satisfaction.