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Hotel Pricing Management Course Online

Hotel Pricing Management Course Online

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Accredited by CPD UK Accredited by CPD UK
Interactive Video Training Interactive Video Training
Lifetime Access Lifetime Access
Duration: 2 Hours Duration: 2 Hours
Recognised Certificate Recognised Certificate
Tutor Support Tutor Support
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This course is endorsed by the Quality Licence Scheme for its high-quality, non-regulated provision and training programmes. The Quality Licence Scheme is a brand of the Skills and Education Group, a leading national awarding organisation for providing high-quality vocational qualifications across a wide range of industries.

By the end of the course, you will have a broad knowledge of menu costing, how to determine the same, profitability concepts and factory overhead in pricing. This course and/or training programme has been endorsed by the Quality Licence Scheme for its high-quality, non-regulated provision and training programmes. This course and/or training programme is not regulated by Ofqual and is not an accredited qualification. Your training provider will be able to advise you on any further recognition, for example progression routes into further and/or higher education. For further information please visit the Learner FAQs on the Quality Licence Scheme website.

Learning Outcomes:
  • Understand Excel template and how to use it
  • Learn qualitative factors in the pricing of menu items
  • Know menu costing and its fundamentals
  • Understand the factors in determining prices
  • Know why there is a need to price the menu
  • Understand gross profit/ net profit overhead concepts
  • Learn how an Excel template can help in determining how much an average guest should be spending
How Will I Benefit?
  • Boost your career in hotel management
  • Deepen your knowledge and skills in your chosen field just in hours not years!
  • Study a course that is easy to follow.
  • Save money and time by studying at your convenient time
  • Have access to a tutor whenever you are in need

So, what are you thinking about! Start getting the benefits by enrolling today!

Why Choose this Hotel Pricing Management Course:
  • Accredited by The CPD UK
  • Accredited by International Practitioners of Holistic Medicine (IPHM)
  • Lifetime Access
  • High-quality e-learning study materials
  • Learn the most in-demand skills
  • Self-paced, no fixed schedules
  • MCQ Exam and 24/7 Support Included
  • Available to students anywhere in the world
  • No hidden fee
  • Study in a user-friendly, advanced online learning platform
Who is this hotel pricing management course for?

This comprehensive course is suitable for those who wish to learn hotel pricing management, determining recipe costs, menu costing and have broad knowledge in profitability concepts and factoring overheads in pricing.

Entry Requirement
  • There are no academic entry requirements for this Hotel Pricing Management course, and it is open to students of all academic backgrounds.
  • As long as you are aged seventeen or over and have a basic grasp of English, numeracy and ICT, you will be eligible to enrol.
Method of Assessment

On successful completion of the course, you will be required to sit an online multiple-choice assessment. The assessment will be evaluated automatically and the results will be given to you immediately.

Career path

This Hotel Pricing Management course opens a brand new door for you to enter the relevant job market and also provides you with the chance to accumulate in-depth knowledge at the side of needed skills to become flourishing in no time. You will also be able to add your new skills to your CV, enhance your career and become more competitive in your chosen industry.

Introduction & Fundamentals

Why We Need to Price the Menu

Factors in Determining Prices

Determining Recipe Costs

How to Determine Cost of Menu – Fundamentals

Menu Costing Template Explained and Key Things to Consider in Costing

Excel Template Explained in More Detailes Part 1

Profitability Concepts and Factoring Overheads in Pricing

Gross Profit / Net Profit and Overheads Concepts – Explained

Excel Template to See if We Need to Increase Prices

Excel Template to Determine How Much an Average Guest Should Be Spending

Qualitative Factor in Pricing of Menu Items

Excel Template Explained in More Detailes Part 2

Supplementary Resources

Supplementary Resources – Hotel Pricing Management

Assessment

Assessment – Hotel Pricing Management

CPD Certification Service

This course is accredited by continuing professional development (CPD). CPD UK is globally recognised by employers, professional organisations, and academic institutions, thus a certificate from CPD Certification Service creates value towards your professional goal and achievement.

CPD certificates are accepted by thousands of professional bodies and government regulators here in the UK and around the world. Many organisations look for employees with CPD requirements, which means, that by doing this course, you would be a potential candidate in your respective field.

Quality Licence Scheme Endorsed

The Quality Licence Scheme is a brand of the Skills and Education Group, a leading national awarding organisation for providing high-quality vocational qualifications across a wide range of industries. It will give you a competitive advantage in your career, making you stand out from all other applicants and employees.

Endorsed Certificate from Quality Licence Scheme

After successfully passing the MCQ exam you will be eligible to order the Endorsed Certificate by Quality Licence Scheme. The Quality Licence Scheme is a brand of the Skills and Education Group, a leading national awarding organisation for providing high-quality vocational qualifications across a wide range of industries. It will give you a competitive advantage in your career, making you stand out from all other applicants and employees. There is a Quality Licence Scheme endorsement fee to obtain an endorsed certificate which is £65.

Certificate of Achievement from Lead Academy

After successfully passing the MCQ exam you will be eligible to order your certificate of achievement as proof of your new skill. The certificate of achievement is an official credential that confirms that you successfully finished a course with Lead Academy. Certificate can be obtained in PDF version at a cost of £12, and there is an additional fee to obtain a printed copy certificate which is £35.

CPD is globally recognised by employers, professional organisations and academic intuitions, thus a certificate from CPD Certification Service creates value towards your professional goal and achievement. CPD-certified certificates are accepted by thousands of professional bodies and government regulators here in the UK and around the world. 

Although QLS courses are not subject to Ofqual regulation, they must adhere to an extremely high level that is set and regulated independently across the globe. A course that has been approved by the Quality Licence Scheme simply indicates that it has been examined and evaluated in terms of quality and fulfils the predetermined quality standards. 

For CPD accredited PDF certificate it will take 24 hours, however for the hardcopy CPD certificate takes 5-7 business days and for the Quality License Scheme certificate it will take 7-9 business days.  

Yes, you can pay via Invoice or Purchase Order, please contact us at info@lead-academy.org for invoice payment.  

Yes, you can pay via instalments at checkout.  

Our platform provides easy and comfortable access for all learners; all you need is a stable internet connection and a device such as a laptop, desktop PC, tablet, or mobile phone. The learning site is accessible 24/7, allowing you to take the course at your own pace while relaxing in the privacy of your home or workplace. 

No, there is no age limit for online learning. Online learning is accessible to people of all ages and requires no age-specific criteria to pursue a course of interest. As opposed to degrees pursued at university, online courses are designed to break the barriers of age limitation that aim to limit the learner’s ability to learn new things, diversify their skills, and expand their horizons.

After successfully purchasing the course, you will receive an email within 24 hours with the login details of your course. Kindly check your inbox, junk or spam folder, or you can contact our client success team via info@lead-academy.org

Overview

This course is endorsed by the Quality Licence Scheme for its high-quality, non-regulated provision and training programmes. The Quality Licence Scheme is a brand of the Skills and Education Group, a leading national awarding organisation for providing high-quality vocational qualifications across a wide range of industries.

By the end of the course, you will have a broad knowledge of menu costing, how to determine the same, profitability concepts and factory overhead in pricing. This course and/or training programme has been endorsed by the Quality Licence Scheme for its high-quality, non-regulated provision and training programmes. This course and/or training programme is not regulated by Ofqual and is not an accredited qualification. Your training provider will be able to advise you on any further recognition, for example progression routes into further and/or higher education. For further information please visit the Learner FAQs on the Quality Licence Scheme website.

Learning Outcomes:
  • Understand Excel template and how to use it
  • Learn qualitative factors in the pricing of menu items
  • Know menu costing and its fundamentals
  • Understand the factors in determining prices
  • Know why there is a need to price the menu
  • Understand gross profit/ net profit overhead concepts
  • Learn how an Excel template can help in determining how much an average guest should be spending
How Will I Benefit?
  • Boost your career in hotel management
  • Deepen your knowledge and skills in your chosen field just in hours not years!
  • Study a course that is easy to follow.
  • Save money and time by studying at your convenient time
  • Have access to a tutor whenever you are in need

So, what are you thinking about! Start getting the benefits by enrolling today!

Why Choose this Hotel Pricing Management Course:
  • Accredited by The CPD UK
  • Accredited by International Practitioners of Holistic Medicine (IPHM)
  • Lifetime Access
  • High-quality e-learning study materials
  • Learn the most in-demand skills
  • Self-paced, no fixed schedules
  • MCQ Exam and 24/7 Support Included
  • Available to students anywhere in the world
  • No hidden fee
  • Study in a user-friendly, advanced online learning platform
Who is this hotel pricing management course for?

This comprehensive course is suitable for those who wish to learn hotel pricing management, determining recipe costs, menu costing and have broad knowledge in profitability concepts and factoring overheads in pricing.

Entry Requirement
  • There are no academic entry requirements for this Hotel Pricing Management course, and it is open to students of all academic backgrounds.
  • As long as you are aged seventeen or over and have a basic grasp of English, numeracy and ICT, you will be eligible to enrol.
Method of Assessment

On successful completion of the course, you will be required to sit an online multiple-choice assessment. The assessment will be evaluated automatically and the results will be given to you immediately.

Career path

This Hotel Pricing Management course opens a brand new door for you to enter the relevant job market and also provides you with the chance to accumulate in-depth knowledge at the side of needed skills to become flourishing in no time. You will also be able to add your new skills to your CV, enhance your career and become more competitive in your chosen industry.

Course Curriculum

Introduction & Fundamentals

Why We Need to Price the Menu

Factors in Determining Prices

Determining Recipe Costs

How to Determine Cost of Menu – Fundamentals

Menu Costing Template Explained and Key Things to Consider in Costing

Excel Template Explained in More Detailes Part 1

Profitability Concepts and Factoring Overheads in Pricing

Gross Profit / Net Profit and Overheads Concepts – Explained

Excel Template to See if We Need to Increase Prices

Excel Template to Determine How Much an Average Guest Should Be Spending

Qualitative Factor in Pricing of Menu Items

Excel Template Explained in More Detailes Part 2

Supplementary Resources

Supplementary Resources – Hotel Pricing Management

Assessment

Assessment – Hotel Pricing Management

Recognised Accreditation

CPD Certification Service

This course is accredited by continuing professional development (CPD). CPD UK is globally recognised by employers, professional organisations, and academic institutions, thus a certificate from CPD Certification Service creates value towards your professional goal and achievement.

CPD certificates are accepted by thousands of professional bodies and government regulators here in the UK and around the world. Many organisations look for employees with CPD requirements, which means, that by doing this course, you would be a potential candidate in your respective field.

Quality Licence Scheme Endorsed

The Quality Licence Scheme is a brand of the Skills and Education Group, a leading national awarding organisation for providing high-quality vocational qualifications across a wide range of industries. It will give you a competitive advantage in your career, making you stand out from all other applicants and employees.

Course Certification

Endorsed Certificate from Quality Licence Scheme

After successfully passing the MCQ exam you will be eligible to order the Endorsed Certificate by Quality Licence Scheme. The Quality Licence Scheme is a brand of the Skills and Education Group, a leading national awarding organisation for providing high-quality vocational qualifications across a wide range of industries. It will give you a competitive advantage in your career, making you stand out from all other applicants and employees. There is a Quality Licence Scheme endorsement fee to obtain an endorsed certificate which is £65.

Certificate of Achievement from Lead Academy

After successfully passing the MCQ exam you will be eligible to order your certificate of achievement as proof of your new skill. The certificate of achievement is an official credential that confirms that you successfully finished a course with Lead Academy. Certificate can be obtained in PDF version at a cost of £12, and there is an additional fee to obtain a printed copy certificate which is £35.

Learner's Feedback

Frequently Asked Question(FAQ)

CPD is globally recognised by employers, professional organisations and academic intuitions, thus a certificate from CPD Certification Service creates value towards your professional goal and achievement. CPD-certified certificates are accepted by thousands of professional bodies and government regulators here in the UK and around the world. 

Although QLS courses are not subject to Ofqual regulation, they must adhere to an extremely high level that is set and regulated independently across the globe. A course that has been approved by the Quality Licence Scheme simply indicates that it has been examined and evaluated in terms of quality and fulfils the predetermined quality standards. 

For CPD accredited PDF certificate it will take 24 hours, however for the hardcopy CPD certificate takes 5-7 business days and for the Quality License Scheme certificate it will take 7-9 business days.  

Yes, you can pay via Invoice or Purchase Order, please contact us at info@lead-academy.org for invoice payment.  

Yes, you can pay via instalments at checkout.  

Our platform provides easy and comfortable access for all learners; all you need is a stable internet connection and a device such as a laptop, desktop PC, tablet, or mobile phone. The learning site is accessible 24/7, allowing you to take the course at your own pace while relaxing in the privacy of your home or workplace. 

No, there is no age limit for online learning. Online learning is accessible to people of all ages and requires no age-specific criteria to pursue a course of interest. As opposed to degrees pursued at university, online courses are designed to break the barriers of age limitation that aim to limit the learner’s ability to learn new things, diversify their skills, and expand their horizons.

After successfully purchasing the course, you will receive an email within 24 hours with the login details of your course. Kindly check your inbox, junk or spam folder, or you can contact our client success team via info@lead-academy.org

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