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Career Guidance Skills management skills S4.3 - allocating and controlling resources S4.3.1 - managing budgets or finances Manage hospitality revenue
Description
Oversee a hospitality revenue by understanding, monitoring, predicting and reacting to consumer behaviour, in order to maximise revenue or profits, maintain budgeted gross profit and minimise expenditures.
Occupations requiring this skill
This section is generated automatically.
Skill demand overview
- Essential in 4 occupations
- Optional in 0 occupations
- Total: 4 occupations
- Most common in: ISCO major group 1 (Managers)
Essential for
- Hospitality revenue managerHospitality revenue managers maximise revenue generated from facilities such as hotels, holiday resorts and camping grounds by analysing trends and competition. They assist establ…
- Rooms division managerRooms division managers oversee a hotel’s front desk, guest services and housekeeping department teams. They report to the General Manager and play an important role in ensuring a …
- Bed and breakfast operatorBed and breakfast operators manage the daily operations of a bed and breakfast establishment. They ensure the guests' needs are met. Duties A bed and breakfast operator typically d…
- Accommodation managerAccommodation managers are in charge of managing the operations and overseeing the strategy for a hospitality establishment. They manage human resources, finances, marketing and op…
