Analyse and interpret hotels overall financial statements

Analyse and interpret hotels overall financial statements, available at $39.99, has an average rating of 4.25, with 36 lectures, based on 18 reviews, and has 81 subscribers.

You will learn about 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 This course is ideal for individuals who are Hotel Management Students or Hotel Executives or Hotel Managers & Supervisors It is particularly useful for Hotel Management Students or Hotel Executives or Hotel Managers & Supervisors.

Enroll now: Analyse and interpret hotels overall financial statements

Summary

Title: Analyse and interpret hotels overall financial statements

Price: $39.99

Average Rating: 4.25

Number of Lectures: 36

Number of Published Lectures: 36

Number of Curriculum Items: 40

Number of Published Curriculum Objects: 40

Original Price: $129.99

Quality Status: approved

Status: Live

What You Will Learn

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

Who Should Attend

Hotel Management Students

Hotel Executives

Hotel Managers & Supervisors

Target Audiences

Hotel Management Students

Hotel Executives

Hotel Managers & Supervisors

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.

Why you should take this course

Learn how to anlayse Hotel financial statements and with key terms used in operations, cost management ideas.

After completing this course you will become in analyzing & present your department’s performance easily and professionally.

You will be able to understand how your decisions affect profitability of hotel and improve hotels profitability.

Give your Career a head start by learning one of they key responsibilities as department / division head i.e. Managing the departmental financial performance.

In this unique hotel management course, we will

– Discuss and understand key unique terms used in hotel management.

– Understand definitions of revenue and expense heads.

– Drill down all revenue and expenses to the deeper level to gain understanding how to create impact through strategic decisions.

– Learn how to analyse the overall hotel profit and loss statement.

– Learn important revenue management & marketing reports

– Learn cost and operation management reports and cost management ideas.

– Discuss the profit & loss templates prescribed by USALI

– All terms explained are in compliance with?Uniform system of accounting for lodging industries.

Unique Features

– focus on theory as well as practical assignments

– Personalized review personally

– Continuous guidance in your learning ensuring that you achieve your objective of subscribing to this course.

– Regular Updates on case studies based on your feedbacks

Even though the course is online with no physical presence, assignments in this course will give you a change of personal interaction as i will review all assignment personally and give you personalized guidance.

Subscribe now and Share the love with others as well.

Course Curriculum

Chapter 1: Introduction & Fundamentals

Lecture 1: Introduction

Lecture 2: Free Resources

Lecture 3: Introduction to Hotel Operations

Lecture 4: Fundamentals of Accounting Concepts

Lecture 5: What is Allocation of Expenses

Lecture 6: What are Prepayments

Chapter 2: Key Terms Used in Hospitality

Lecture 1: Key Terms Used in Hospitality

Lecture 2: Rooms Division Key Terms – Occupancy & Related Terms

Lecture 3: Room Division Key Terms ADR and Related Terms

Lecture 4: F&B Business – Key Quantity Drivers

Lecture 5: Food & Beverage Division – Key Revenue Terms

Lecture 6: What are various Revenue Segmentation – Transient Business

Lecture 7: Hotel Revenue Segmentation – Group Business

Lecture 8: F&B Revenue Segmentation Fundamentals

Chapter 3: Standard Templates and Analysis Fundamentals Steps

Lecture 1: Standard Profit & Loss Templates Prescribed by USALI for Lodging Industries V11

Lecture 2: Revenue Reports Analysis Fundamentals

Lecture 3: Horizontal Analysis in practice through Room Segment Analysis

Lecture 4: Vertical Analysis Explained via Room Segment Report

Lecture 5: Combined Analsysis Simplified – Market Segment Report

Chapter 4: Revenue Management & Analysis Reports

Lecture 1: Why you should know the Business Source

Lecture 2: Guest Nationality Report

Lecture 3: Booking Lead Period and Booking Pace Concepts

Lecture 4: Market Benchmark & Competitor Comparison Report

Lecture 5: Upselling & Upgrades

Lecture 6: Menu Engineering Report

Chapter 5: Expenses & Expense Control Reports

Lecture 1: Labour Cost Basic Pay & Wages

Lecture 2: Labour cost – Service Charge

Lecture 3: Labour Cost – Other Components

Lecture 4: Labour cost Analysis

Lecture 5: Other Expenses and Control Reports

Lecture 6: Cost Management Ideas Part 1

Lecture 7: Cost Management Ideas Part 2

Chapter 6: Overall Analysis

Lecture 1: P&L Analysis Steps

Lecture 2: Room Division P&L Analysis

Lecture 3: F&B Division P&L Analysis

Chapter 7: BONUS

Lecture 1: BONUS LECTURE

Instructors

Hotel Management School Your learning Partner
Professional Hotel Management courses for career development

TA eHMS
Business Development at eHMS

Rating Distribution

1 stars: 2 votes

2 stars: 1 votes

3 stars: 4 votes

4 stars: 6 votes

5 stars: 5 votes

Frequently Asked Questions

How long do I have access to the course materials?

You can view and review the lecture materials indefinitely, like an on-demand channel.

Can I take my courses with me wherever I go?

Definitely! If you have an internet connection, courses on Udemy are available on any device at any time. If you don’t have an internet connection, some instructors also let their students download course lectures. That’s up to the instructor though, so make sure you get on their good side!