Learn how to achieve the best results in spa and wellness centersDiscover ways to ensure your spa or wellness center is financially successful with this course taught by experts in the spa and wellness industry.On the course you will explore impotant financial concepts and strategies, and learn how to apply them to your own spa or wellness center. You will get to grips withfinancial statements, revenue management principles, KPIs, and more. You should leave the course confident in your ability to improve the financial performance of spa and wellness centres.This course is for spa and hospitality professionals responsible for, or involved in, the finances or operations of spa real estate or spa investments. It is also suitable for those working in spa financing and asset management.Some proficiency with Excel will be helpfulSome principles of finance are preferred but not required
Ensure your spa or wellness center is running efficiently and effectivelyOn this course you will learn about the different types of spa and different competitors in the spa industry. You will also consider a framework for creating an organization structure for spa and wellness centers.In the second part of the course you will explore different revenue streams for spas and learn practices to maximise sales. This course has been carefully created to be relevant to today’s market conditions and is up to date with different spa operation strategies.This course is for BBA Connect students. You should have theoretical knowledge of the hospitality industry from your previous BBA Connect courses.
Understand hotel room pricing and successful pricing strategiesPricing hotel rooms can be difficult but getting price right is fundamental for good hotel revenue management. On this course you will learn how to set prices, conduct value assessments and learn how to create a realistic hotel room pricing strategy.You will consider how the basic concepts underlying hotel room pricing can be applied to pricing across other revenue streams. You will also learn about long-term pricing and tactical pricing.This course is for mid managers, hotel managers, and front office managers, operating in 50+ rooms hotels who have had limited exposure to the practice of hotel revenue management.
Ensure your spa or wellness center is running efficiently and effectivelyOn this course you will learn about the different types of spa and different competitors in the spa industry. You will also consider a framework for creating an organization structure for spa and wellness centers.In the second part of the course you will explore different revenue streams for spas and learn practices to maximise sales. This course has been carefully created to be relevant to today’s market conditions and is up to date with different spa operation strategies.This course is for general managers, operations managers and spa managers. You need professional experience in hospitality or of working in a spa and a bachelors degree in a hospitality-related subject.
Learn the skills necessary for being part of a hotel development teamHotel companies, owners and lenders are looking for people that can assemble market data, run software models and determine whether a market will support a hotel.On this course you will develop the tools and knowledge to help you become one of these people, learning how to create a comprehensive hotel market study. You will learn about estimating the value of different types of hotels using hotel valuation software and understand the basics of doing financial projections.This course is for managers and professionals with financial or operational responsibility of hotel real estate, investments, financing, or asset management including asset managers and portfolio managers. It will also be useful for hotel owners, investors and operators, general managers bankers, or anyone interested in understanding hotel development or financial plans.Access to Microsoft Excel would be useful.