Description

Power BI Training for Hospitality Professionals (2 Days)

Our specialized 2-day online Power BI training is designed exclusively for hospitality professionals. Unlike generic training programs, this course is tailored to the unique needs of the hospitality industry, ensuring that you learn how to leverage Power BI to enhance your business operations, improve guest satisfaction, and boost revenue. Whether you’re in the UK or anywhere else, you can join us online and transform your data into actionable insights.

COURSE OUTLINE

Understanding the Hospitality Industry Landscape

Overview of the Hospitality Industry

Gain insights into different types of hospitality businesses including hotels, restaurants, and resorts. Understand the key business metrics that drive success in the industry.

The Role of Data in Hospitality Management

Learn about the importance of data-driven decisions in hospitality management and explore common data sources such as PMS, POS, and CRM systems.

Key Performance Indicators (KPIs) in Hospitality

Master essential KPIs such as Occupancy Rate, ADR, RevPAR, Customer Satisfaction, and Operational Efficiency Metrics that are critical to the success of any hospitality business.

Data Attributes and Requirements in Hospitality

Essential Data Attributes in Hospitality

Understand the crucial data attributes in hospitality, including guest information, booking data, and financial data. Learn how to capture and utilize this data effectively.

Data Quality Considerations

Overcome challenges in data cleaning and transformation, and ensure consistency across various data sources to maintain high data quality.

Data Security and Compliance

Learn the best practices for handling Personally Identifiable Information (PII) and ensuring compliance with GDPR and other relevant regulations.

Building Effective Data Models for Hospitality

Understanding Hospitality Data Relationships

Explore the relationships between guest data, bookings, and revenue, and learn how to integrate external data such as weather and market trends to enrich your analysis.

Creating a Star Schema for Hospitality Data

Design efficient data models using fact tables and dimension tables specific to the hospitality industry, including bookings, revenue, and occupancy data.

Advanced Data Modeling Techniques

Delve into advanced techniques like handling slowly changing dimensions and modeling hierarchies for room types and service levels.

DAX Calculations for Hospitality Insights

Essential DAX Functions for Hospitality

Learn essential DAX functions such as CALCULATE, FILTER, and SUMX for revenue analysis, as well as Time Intelligence functions for tracking performance over different periods.

Calculating Key Hospitality Metrics

Calculate key hospitality metrics including Occupancy Rate, ADR, RevPAR, Customer Lifetime Value, and Retention Rates using DAX.

Advanced DAX Scenarios in Hospitality

Explore advanced scenarios such as dynamic segmentation of high-value guests and predictive analytics for forecasting bookings.

Revenue Management and Forecasting

Leveraging Power BI for Revenue Management

Utilize Power BI for demand forecasting and dynamic pricing strategies to optimize revenue in the hospitality industry.

Case Study: Maximizing Revenue in a Resort

Analyze a real-world case study that demonstrates how to visualize revenue opportunities and maximize profitability using Power BI.

Practical Tips for Revenue Managers

Learn practical tips on how to use dashboards for daily operations and collaborate with other departments using shared reports.