Revenue management is a crucial aspect of the tourism industry, helping businesses maximize their profits by strategically pricing their products and services. The demand for professionals with expertise in revenue management systems in tourism is on the rise, as businesses seek to stay competitive in a rapidly evolving market.
According to industry statistics, the UK tourism sector has seen a steady increase in revenue over the past few years. In 2019, the total revenue generated by the tourism industry in the UK was £145 billion, a 3.6% increase from the previous year. With the industry expected to continue growing, there is a growing need for professionals who can effectively manage revenue and drive profitability.
Year |
Total Revenue (GBP) |
Growth Rate |
2017 |
£135 billion |
2.8% |
2018 |
£140 billion |
3.2% |
2019 |
£145 billion |
3.6% |
By obtaining a Professional Certificate in Revenue Management Systems in Tourism, individuals can gain the skills and knowledge needed to excel in this in-demand field and help businesses thrive in an increasingly competitive market.