Certified Hospitality Revenue Manager, CHRM
Hospitality revenue managers know how to calculate the best use of the property at the best prices. They are expert managers who possess practical forecasting techniques and sound judgment. The CHRM certification can help you excel in your current position, move further toward your career goals, and show that you are among the best in your profession.
The Certified Hospitality Revenue Manager certification recognizes your skill at managing revenue and plotting price points that makes the property successful.
Qualified candidate: Fifty percent or more of the duties and responsibilities involve revenue management, including forecasting, analyzing inventories, rates and occupancy. Manage input of data and report generation. Manage block activity and monitor property management system. Manage and supervise reservations.
Candidate Time in Position: 6 months
Topics covered:
- The Lodging Industry
- Forecasting and Planning
- Strategies and Tactics
- Statistical Analysis
- E-Commerce and Online Distribution
Exam: The CHRM exam has 125 multiple-choice questions that must be answered within three hours.
Recertification: Every five years
Please note: All material (study material and exams) and in English. Therefore, an advanced level of proficiency in English is required.