Description

Highlights of the Course

Course Type: Online Learning
Duration: 3 hours
Tutor Support: Tutor support is included
Customer Support: 24/7 customer support is available
Quality Training: The course is designed by an industry expert
Recognised Credential: Recognised and Valuable Certification
Completion Certificate: Free Course Completion Certificate Included
Instalment: 3 Installment Plan on checkout

What you will learn from this course?

Gain comprehensive knowledge about finance analysis and management
Understand the core competencies and principles of finance analysis and management
Explore the various areas of finance analysis and management
Know how to apply the skills you acquired from this course in a real-life context
Become a confident and expert financial manager or business manager

Hotel Financial Management: Income Statements and Balance Sheets Course

Master the skills you need to propel your career forward in finance analysis and management. This course will equip you with the essential knowledge and skillset that will make you a confident financial manager or business manager and take your career to the next level. This comprehensive hotel financial management course is designed to help you surpass your professional goals. The skills and knowledge that you will gain through studying this hotel financial management course will help you get one step closer to your professional aspirations and develop your skills for a rewarding career.

This comprehensive course will teach you the theory of effective finance analysis and management practice and equip you with the essential skills, confidence and competence to assist you in the finance analysis and management industry. You'll gain a solid understanding of the core competencies required to drive a successful career in finance analysis and management. This course is designed by industry experts, so you'll gain knowledge and skills based on the latest expertise and best practices. This extensive course is designed for financial manager or business manager or for people who are aspiring to specialise in finance analysis and management.

Enrol in this hotel financial management course today and take the next step towards your personal and professional goals. Earn industry-recognised credentials to demonstrate your new skills and add extra value to your CV that will help you outshine other candidates.

Who is this Course for?

This comprehensive hotel financial management course is ideal for anyone wishing to boost their career profile or advance their career in this field by gaining a thorough understanding of the subject. Anyone willing to gain extensive knowledge on this finance analysis and management can also take this course.

Whether you are a complete beginner or an aspiring professional, this course will provide you with the necessary skills and professional competence, and open your doors to a wide number of professions within your chosen sector.

Entry Requirements

This hotel financial management course has no academic prerequisites and is open to students from all academic disciplines. You will, however, need a laptop, desktop, tablet, or smartphone, as well as a reliable internet connection.

Assessment

This hotel financial management course 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 could grasp from each section. In the assessment pass mark is 60%.

Advance Your Career

This hotel financial management course will provide you with a fresh opportunity to enter the relevant job market and choose your desired career path. Additionally, you will be able to advance your career, increase your level of competition in your chosen field, and highlight these skills on your resume.

Recognised Accreditation

This course is accredited by continuing professional development (CPD). CPD UK is globally recognised by employers, professional organisations, and academic institutions, thus a certificate from CPD Certification Service creates value towards your professional goal and achievement.

Course Curriculum

Introduction & Fundamentals
	Introduction	00:02:00
	Introduction to Hotel Operations	00:05:00
	Fundamentals of Accounting Concepts	00:03:00
	What is Allocation of Expenses	00:04:00
	What are Prepayments	00:02:00
Key Terms Used In Hospitality
	Key Terms Used in Hospitality	00:01:00
	Rooms Division Key Terms - Occupancy & Related Terms	00:07:00
	Room Division Key Terms ADR and Related Terms	00:06:00
	F&B Business - Key Quantity Drivers	00:08:00
	Food & Beverage Division - Key Revenue Terms	00:07:00
	What are various Revenue Segmentation - Transient Business	00:05:00
	Hotel Revenue Segmentation - Group Business	00:05:00
	F&B Revenue Segmentation Fundamentals	00:05:00
Standard Templates And Analysis Fundamentals Steps
	Standard Profit & Loss Templates Prescribed by USALI for Lodging Industries V11	00:11:00
	Revenue Reports Analysis Fundamentals	00:05:00
	Horizontal Analysis in practice through Room Segment Analysis	00:07:00
	Vertical Analysis Explained via Room Segment Report	00:07:00
	Combined Analsysis Simplified - Market Segment Report	00:04:00
Revenue Management & Analysis Reports
	Why You Should know The Business Source	00:05:00
	Guest Nationality Report	00:04:00
	Booking Lead Period and Booking Pace Concepts	00:04:00
	Market Benchmark & Competitor Comparison Report	00:05:00
	Upselling & Upgrades	00:03:00
	Menu Engineering Report	00:08:00
Expenses & Expense Control Reports
	Labour Cost Basic Pay & Wages	00:05:00
	Labour Cost - Service Charge	00:05:00
	Labour Cost - Other Components	00:03:00
	Labour Cost Analysis	00:05:00
	Other Expenses and Control Reports	00:07:00
	Cost Management Ideas Part 1	00:06:00
	Cost Management Ideas - Part 2	00:05:00
Overall P&L Analysis
	Profit & Loss Analysis Steps	00:06:00
	Room Division Profit & Loss	00:08:00
	F&B Profit & Loss Statement	00:07:00
Certificate of Achievement
	Certificate of Achievement	00:00:00
Get Your Insurance Now
	Get Your Insurance Now	00:00:00
Feedback
	Feedback	00:00:00

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Hotel Financial Management: Income Statements and Balance Sheets

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