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Executive · 5 weeks · 3 live seminars

Advanced Spa Revenue Management

Yield, pricing architecture, memberships and retail — the finance module of the Diploma, taken to director level.

Advanced Spa Revenue Management

Room-hours are perishable. An empty treatment room at 11 am on a Tuesday cannot be sold on Saturday. Advanced Spa Revenue Management takes the finance module of the Spa Director Diploma to director level: pricing architecture, off-peak and dynamic pricing, memberships, retail lift and a rolling forecast — with your own spa's data in the model from week one.

Who it is for

Spa directors and finance managers of resort and city hotel spas; owners who set prices.

Seminars

  1. Room-hour economics and the utilisation curve
  2. Pricing architecture: menu, packages, off-peak, dynamic
  3. Memberships and recurring revenue
  4. Retail as a percentage of service, and how to move it
  5. Forecasting and the rolling 90-day view

What you leave with

A pricing model and 90-day forecast built on your own spa's data.

The model

You build a room-hour economics model: available hours, booked hours, price by slot, payroll and product by treatment. From it come the answers to the questions owners ask — what happens to profit if we raise prices 6%, add a membership tier, or open an hour earlier.

Retail

Retail at 8% of service revenue and retail at 20% are the same spa with different habits. One seminar is only on the habits.

Faculty

A resort spa director with a finance background and a revenue manager from a hotel group.

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Questions

Do I need spreadsheet skills?

Basic. The model is built in a template we provide; you fill it with your data and we walk through the logic.

Is this suitable for a single day spa?

Yes, if you own it or set its prices. The scale is different; the maths is the same.