Invest in your team and positively impact your revenue

The Australian Revenue Management Association (ARMA), alongside Allara Learning, is excited to announce the launch of a brand new, nationally accredited course in Revenue and Yield Management Fundamentals.

Why is this important? 
This critical discipline is frequently absent or underdeveloped in the hospitality and tourism sector. The course offers a clear pathway for hospitality professionals to gain the knowledge and skills needed to optimise revenue streams and add significant revenue and profit value to businesses.

Benefits

• Understand business growth and profitability: Learn strategies to maximise revenue and profit to gain a competitive edge.
  
  
• Expert-developed and delivered curriculum: ARMA's Industry Skills Council has ensured the course stands as the benchmark within the hospitality and tourism sector.
  
  
• National recognised statement of attainment: Enhance professional standing with a nationally recognised accreditation.
  
  
• Invest in your team: Supporting professional development fosters loyalty and commitment.

Course details

• 10940NAT - Course in Revenue and Yield Management Fundamentals
• Three core units.
• 20-40 hours over 8 weeks.
• Online training with a facilitator.
• Final assessment to gain certification.
• Course content: This course provides essential skills and knowledge for maximising revenue and profit in the accommodation industry, focusing on three key areas:
  
  
  • Performance Calculations: Participants will learn to source, verify, and calculate data essential for implementing revenue and yield management strategies.
    
    
  • Strategic Evaluation and KPI Analysis: The course enhances expertise in using KPIs for evaluating various revenue and yield management strategies, such as pricing and distribution strategies, and teaches how to effectively combine these strategies for practical use.
    
    
  • Implementation, Evaluation, and Communication: Participants will master the implementation of comprehensive revenue and yield management strategies, assess their effectiveness, and understand stakeholder roles. This includes practical exercises in an online simulated environment to apply these concepts modelling real-world scenarios.