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Financial Analysis Course for Hotel Management

Financial Analysis Course for Hotel Management

  • 30 Day Money Back Guarantee
  • Completion Certificate
  • 24/7 Technical Support

Highlights

  • On-Demand course

  • All levels

Description

Quality Guarantee:

Promising training excellence, satisfaction gurantee

Accredited by:

CPD UK & Quality License Scheme

Tutor Support:

Unlimited support via email, till you complete the course

Recognised Certification:

Accepted by thousands of professional bodies

Start Anytime:

With 1 year access to the course materials

Online Learning:

Learn from anywhere, whenever you want

This course provides aspiring hotel managers with the essential skills to make informed decisions that drive success in the hospitality industry. Here learners will explore key financial concepts and learn how to interpret financial statements and budgets.

This course at a glance
  • Accredited by CPD UK

  • Endorsed by Quality Licence Scheme

  • Understand allocation of expenses

  • Know prepayments

  • Get acquainted with the fundamentals of accounting concepts

  • Know hotel operations

  • Learn F&B revenue segmentation fundamentals

  • Know the fundamentals of revenue reports analysis

  • Understand labour cost basic pay and wages, service charge, and other components

  • Know overall Profit and loss analysis

  • Understand room division profit and loss

  • Know F & B profit and loss statement

Why Financial Analysis Course for Hotel Management right for you?

This Financial Analysis Course for Hotel Management is designed for those who want to learn the key terms used in hospitality such as rooms division - occupancy and related terms and critical term such as ADR, Food and Beverage business - key quantity drivers. You will have deep knowledge of standard Profit and Loss templates prescribed by USALI for lodging industries V11, revenue reports analysis fundamentals and horizontal analysis. This online course will educate you on revenue management and analysis reports, expenses and expense control reports, and overall P & L analysis.

By the end of the course, you will have a thorough understanding of hotel operations, critical terms used in hospitality, and standard templates and analysis of fundamental steps.

Financial Analysis Course for Hotel Management Details

Accredited by

CPD certificates are accepted by thousands of professional bodies and government regulators here in the UK and around the world. Many organisations look for employees with CPD requirements, which means, that by doing this course, you would be a potential candidate in your respective field.

 

The Quality Licence Scheme is a brand of the Skills and Education Group, a leading national awarding organisation for providing high-quality vocational qualifications across a wide range of industries.

Course 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 & 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 & Analysis Reports

  • 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 & Expense Control Reports

  • Labour Cost Basic Pay & 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

Who should take this course?

This interactive course is suitable for those who want to understand financial analysis for hotel management, revenue management and analysis reports, and overall P & L analysis.

Entry Requirements

  • There are no academic entry requirements for this Financial Analysis Course for Hotel Management, and it is open to students of all academic backgrounds.

  • However, you are required to have a laptop/desktop/tablet or smartphone and a good internet connection.

Assessment Method

This Financial Analysis Course for Hotel Management assesses learners through multiple-choice questions (MCQs). Upon successful completion of the modules, learners must answer MCQs to complete the assessment procedure. Through the MCQs, it is measured how much a learner can grasp from each section. In the assessment pass mark is 60%.

Certification

Endorsed Certificate from Quality Licence Scheme

After successfully passing the MCQ exam you will be eligible to order the Endorsed Certificate by Quality Licence Scheme. The Quality Licence Scheme is a brand of the Skills and Education Group, a leading national awarding organisation for providing high-quality vocational qualifications across a wide range of industries. It will give you a competitive advantage in your career, making you stand out from all other applicants and employees. There is a Quality Licence Scheme endorsement fee to obtain an endorsed certificate which is £65.

Certificate of Achievement from Lead Academy

After successfully passing the MCQ exam you will be eligible to order your certificate of achievement as proof of your new skill. The certificate of achievement is an official credential that confirms that you successfully finished a course with Lead Academy. Certificate can be obtained in PDF version at a cost of £12, and there is an additional fee to obtain a printed copy certificate which is £35.

FAQs
Is CPD a recognised qualification in the UK?

CPD is globally recognised by employers, professional organisations and academic intuitions, thus a certificate from CPD Certification Service creates value towards your professional goal and achievement. CPD-certified certificates are accepted by thousands of professional bodies and government regulators here in the UK and around the world.

Are QLS courses recognised?

Although QLS courses are not subject to Ofqual regulation, they must adhere to an extremely high level that is set and regulated independently across the globe. A course that has been approved by the Quality Licence Scheme simply indicates that it has been examined and evaluated in terms of quality and fulfils the predetermined quality standards.

When will I receive my certificate?

For CPD accredited PDF certificate it will take 24 hours, however for the hardcopy CPD certificate takes 5-7 business days and for the Quality License Scheme certificate it will take 7-9 business days.

Can I pay by invoice?

Yes, you can pay via Invoice or Purchase Order, please contact us at info@lead-academy.org for invoice payment.

Can I pay via instalment?

Yes, you can pay via instalments at checkout.

How to take online classes from home?

Our platform provides easy and comfortable access for all learners; all you need is a stable internet connection and a device such as a laptop, desktop PC, tablet, or mobile phone. The learning site is accessible 24/7, allowing you to take the course at your own pace while relaxing in the privacy of your home or workplace.

Does age matter in online learning?

No, there is no age limit for online learning. Online learning is accessible to people of all ages and requires no age-specific criteria to pursue a course of interest. As opposed to degrees pursued at university, online courses are designed to break the barriers of age limitation that aim to limit the learner's ability to learn new things, diversify their skills, and expand their horizons.

When I will get the login details for my course?

After successfully purchasing the course, you will receive an email within 24 hours with the login details of your course. Kindly check your inbox, junk or spam folder, or you can contact our client success team via info@lead-academy.org

About The Provider

Lead Academy
Lead Academy
Swindon

Lead Academy is a leading provider of online training, practical courses, and professional accreditation. Our innovative e-learning platform offers professional...

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