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Master Analyzing Hotel Income Statement - Rooms Department

Master Analyzing Hotel Income Statement - Rooms Department

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

Overview

Description
A wide range of 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 with us to understand, how to analyse Hotel financial statements and with key terms used in operations.
After completing this course i am confident that you will be able to analyse & 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 of your career as department manager which is managing the departmental P&L
In this unique and first in league online 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 hotel profit and loss statement for room division.
Discuss the profit & loss templates prescribed by USALI
All terms explained are in compliance with Uniform system of accounting for lodging industries.
Course is Unique in the sense that we focus on theory as well as practical assignments which i will be reviewing personally and guiding your learning ensuring that you achieve your objective of subscribing to this course. I will ensure that you excel in understanding your hotel management aspects as far as it relates to financial terms.

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.

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Basic knowledge
No Prior knowledge of finance or hospitality industry is required, we would be covering the basics of hotel operation as well
Need to have passion towards learning hospitality & Hotel Management
Willingness to dedicate few hours a week to Learn Hotel Management

Course Information

No Prior knowledge of finance or hospitality industry is required, we would be covering the basics of hotel operation as well
Need to have passion towards learning hospitality & Hotel Management
Willingness to dedicate few hours a week to Learn Hotel Management

What will you learn
Ability to understand Hotel Operation structure
Understand Key terms used in hotel industry in very simple language
Read Profit & loss statement and other performance reports without prior knowledge of accounting
Present financial reports to Management
Analyse the Hotel financial statements and performance results and take strategic decisions

Hotel Department Heads / Managers who are willing to sharpen their hotel management skills by learning the financial analysis side of operations.
Front Office Managers, supervisors who wish to advance in their career by learning new skills on how to analyse and present Profit & Loss statements
Room Division Professionals Seeking a career in Hospitality Industry and hotel management
All hotel employees who want to learn how to analyse Room Division financial statements
Hospitality Students who wish to give them a head start in their career by learning things quicker

• Lifetime Access to Each Course
• Certificate on Completion of Course
• No Extra Charges Or Admin Fees
• Easy Access to Courses
• High Priority Support After Sales.
• Big Discounts on Individual Courses

Course Specifications

Find Project Management courses including Customer Service and Management. 

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Adult education is the non-credential activity of gaining skills and improved education. 

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Online education is electronically supported learning that relies on the Internet for teacher/student interaction. 

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A short course is a learning programme that gives you combined content or specific skills training in a short period of time. Short courses often lean towards the more practical side of things and have less theory than a university course – this gives you a more hands-on experience within your field of interest.

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Course duration is 24 hours.

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