HOSPA – the Hospitality Finance, Revenue Management, Marketing and IT Professionals Association – is delighted to announce that it has successfully secured a £10,000 grant from the Savoy Educational Trust, to be matched by investment from HOSPA, to further the development of the Association's hospitality focused Revenue Management courses.

The grant will enable HOSPA to update and reposition its current Revenue Management programme – enabling the individual units, within the online programme's three levels, to be studied in a modular format. This, in turn, will make the course more flexible – providing greater accessibility to a wider audience. The grant will also support the updating of the highly acclaimed Revenue Management ebook, which has been used extensively by practitioners and academics following its initial launch in 2012.

Commenting on the Savoy Educational Trust award, HOSPA Head of Professional Development Debra Adams said: "We are greatly indebted to the Savoy Educational Trust for their generosity in supporting HOSPA's growing provision of Revenue Management courses. As the ever evolving discipline of Revenue Management increasingly becomes an integral part of hospitality management, it is vital that HOSPA meets and exceeds industry demands and expectations. The £10,000 matched funding grant will enable us to provide a range of modules designed specifically to meet industry needs, with greatly increased flexibility in study options for our learners and members."

The repositioning of the HOSPA Revenue Management courses commenced this month (March 2016) and is scheduled to be fully in place by March 2017.

In 2011, HOSPA introduced its hospitality focused Education and Training Programme in Revenue Management. Written by leading educators in Revenue Management in the hospitality sector, in conjunction with leading industry experts, the course is designed to provide Revenue Managers of the future with the skills and knowledge required to manage their divisions, as well as to provide non-revenue personnel with a detailed knowledge of the function within a hospitality property.

For further information about the range of professional development opportunities offered by HOSPA, visit: www.hospa.org/education; or email: [email protected]

About the Savoy Educational Trust

The Savoy Educational Trust is an independent, grant giving charitable trust established in 1961 whose main aim is to advance and develop education, training and qualifications within the hospitality industry. In order to fulfil this aim and help meet the current and future skills needs of an industry that is a major employer and contributor to the UK economy, the Trustees award grants for a variety of hospitality-related projects to educational establishments, trade associations, charitable organisations/social enterprises, and individuals. For more information visit www.savoyeducationaltrust.org.uk or please contact Margaret Georgiou, Trust Administrator, on 0207 849 3001, email: [email protected]

About HOSPA

HOSPA - the Hospitality Professionals Association - is a not-for-profit educational organisation, formed to bring together professionals involved in all things commercial within the hospitality industry in the UK. HOSPA is recognised as the UK's authoritative voice in the hospitality industry on financial management, technical accounting issues, as well as the leading arena for debate on investments, hospitality technology developments, revenue management and marketing. HOSPA's Professional Development Programmes provide rigorous and relevant education for all those seeking to further their careers in these important functions. It will also be launching its new course in Asset Management in September 2020. A regular programme of workshops and seminars provides the perfect opportunity for members to continue to develop their knowledge and network with colleagues. HOSPA is on all major social media channels, including Twitter on @HOSPATweets. For more information, visit: www.hospa.org

Julian Demetriadi
+44 1725 552835
HOSPA