Master Analyzing Hotel Income Statement - Rooms Department

(Instant booking on GulfTalent)
Location
Online
Dates
Can be taken anytime
Course Type
Professional Training Course
Accreditation
Yes (Details)
Language
English
Course Fee
$40

Course Overview

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

Who should take this course

  • 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

Accreditation

Course Completion Certificate

Course content

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

About Course Provider

Simpliv LLC, a platform for learning and teaching online courses. We basically focus on online learning which helps to learn business concepts, software technology to develop personal and professional goals through video library by recognized industry experts or trainers.

Why Simpliv

With the ever-evolving industry trends, there is a constant need of the professionally designed learning solutions that deliver key innovations on time and on a budget to achieve long-term success.

Simpliv understands the changing needs and allows the global learners to evaluate their technical abilities by aligning the learnings to key business objectives in order to fill the skills gaps that exist in the various business areas including IT, Marketing, Business Development, and much more.

How to enroll?

You can book the course instantly by paying on GulfTalent.

(Instant booking on GulfTalent)

Frequently asked questions

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