Hotel Management - Analyse & Interpret Financial Statements

Offered byUDEMY

Hotel Management - Analyse & Interpret Financial Statements
at
UDEMY
Overview

Understand Profit & Loss statements, Operational & Marketing Reports for analysis and return maximisation

Duration	3 hours
Total fee	₹389
Mode of learning	Online
Credential	Certificate

Hotel Management - Analyse & Interpret Financial Statements

Table of content

Overview
Highlights
Course Details
Curriculum
Faculty
+ 1 more item

Hotel Management - Analyse & Interpret Financial Statements
at
UDEMY
Highlights

Earn a certificate of completion from Udemy
Learn from 5 downloadable resources and 3 articles
Get full lifetime access of the course material
Comes with 30 days money back guarantee

Hotel Management - Analyse & Interpret Financial Statements
at
UDEMY
Course details

Skills you will learn

Marketing Accounting Operations

Who should do this course?

For Hotel Management Students
For Hotel Executives
For Hotel Managers & Supervisors

What are the course deliverables?

How to Analyse overall Hotel Financial Performance
Read Hotel Financial Statements
Analyse Hotel Profit & Loss Statements
Analyse Hotel Revenue performance in details
Analyse Hotel Cost and Take Corrective Actions
Revenue Analysis of Hotel

More about this course

This Course will help you to become expert in hotel management by analysing hotel operational & financial performance with ease
In our experience Hotel management professionals in operations does not feel comfortable reading and presenting their department's financial performance due to lack of financial background, knowledge and training
Learn how to anlayse Hotel financial statements and with key terms used in operations, cost management ideas
You will be able to understand how your decisions affect profitability of hotel and improve hotels profitability

Hotel Management - Analyse & Interpret Financial Statements
at
UDEMY
Curriculum

Introduction & Fundamentals

Introduction

Introduction to Hotel Operations

Fundamentals of Accounting Concepts

What is Allocation of Expenses

What are Prepayments

Key terms used in hospitality

Key terms used in hospitality

Rooms Division Key Terms - Occupancy & Related Terms

Room Division Key Terms ADR and Related Terms

F&B Business - Key Quantity Drivers

Food & Beverage Division - Key Revenue Terms

What are various Revenue Segmentation - Transient Business

Hotel Revenue Segmentation - Group Business

F&B Revenue Segmentation Fundamentals

Standard templates and analysis fundamentals steps

Standard profit and loss templates prescribed by USALI for lodging industries V11

Revenue Reports Analysis Fundamentals

Horizontal Analysis in practice through Room Segment Analysis

Vertical Analysis Explained via Room Segment Report

Combined Analsysis Simplified - Market Segment Report

Revenue management and Analysis Report

Why you should know the Business source

Guest Nationality Report

Booking Lead Period and Booking Pace Concepts

Market Benchmark & Competitor Comparison Report

Upselling & Upgrades

Menu Engineering Report

Expenses and expense control reports

Labour cost basic pay and wages

Labour cost - Service Charge

Labour Cost - Other Components

Labour cost Analysis

Other Expenses and Control Reports

Cost Management Ideas Part 1

Cost Management Ideas - Part 2

Overall P&L analysis

Profit & Loss Analysis Steps

Room Division Profit & Loss

F&B Profit & Loss Statement

Hotel Management - Analyse & Interpret Financial Statements
at
UDEMY
Faculty details

Manish Gupta

Mr Manish Gupta is an experienced hospitality finance professional, having a blend of financial core expertise with hands-on training in managing hotel operations and business development. Having worked as an Auditor for 7 years, he moved into finance management for brands like Parsvnath Developers and Shangri-La Hotels & Resorts and currently serving as the CFO of HTOO Hospitality.