Analyse and Interpret Hotel Profit & Loss Statements (Hindi)
Fundamentals of Hotel Operations, Standard P&L templates, Analyse Profit & Loss Statement, Hotel Revenue Analysis
Updated on Sep, 2023
Language - Hindi
Course Description
To become a successful manager at any company is to be able to manage the Profit & loss of your department.
First requirement of Managing the P&L is to
1. understand it,
2. read it,
3. analyse the information and
4. be able to make meaningful conclusions
In this course you will learn how to hotel analyse profit & loss in hindi language (Course is english is also available).
We Will learn basic hotel operations, Standard Hotel profit & Loss statements.
We will teach how to read it and analyse in simple language.
We will learn basic marketing reports so that it become easier to analye revenue and expenses.
and finally We will also look at Expenses and some aspects to understand them better.
What you’ll learn
- Understand Hotel Operations
- All Fundamentals Terms used in hotels
- Standard Hotel Financial Statement templates
- How to Analyse hotel Profit & Loss
Who this course is for:
- All Hotel Employees
- Hotel Supervisors
- Hotel Managers
Goals
What will you learn in this course:
- Understanding Basic Hotel Operations
- Able to Present Financial Results of hotel
- Understand why revenue & profits are higher and lower than budget or last year
- Breakdown the reasons of variance
- recommend suggested course of action plan
Prerequisites
What are the prerequisites for this course?
- Understanding Hindi
Curriculum
Check out the detailed breakdown of what’s inside the course
Introduction
5 Lectures
-
Introduction & Fundamental Hotel Statements
32:46
32:46
-
Hotel Standard Profit & Loss Statement and Methods to Analyse
24:51
24:51
-
Hotel Revenue Analysis and Supporting Marketing Reports
25:15
25:15
-
Hotel Departmental Expenses and Ways to manage
27:16
27:16
-
Overall Analysis of Profit & Loss Statement
10:24
10:24
Instructor Details
Manish Gupta
Hospitality Finance Expert and Business StrategistMr Manish Gupta is an experienced hospitality finance professional, having a blend of financial core expertise with hands-on training in managing hotel operations and business development.
Having worked as an Auditor for 7 years, he moved into finance management for brands like Parsvnath Developers and Shangri-La Hotels & Resorts and currently serving as the CFO of HTOO Hospitality.
His role is to spread the finance function for the largest hospitality in Myanmar owned and managed by one of the biggest business houses in Myanmar. They have 16 operational and under development High-end boutique resorts (covering an overall room inventory of 800+ rooms), 2,000 employees. Most of the properties are leaders in their region on trip advisor and won various travel awards over a period of time.
He has proven experience in setting up the foundation for sustainable growth (in the form of management information systems, restructuring), ERP implementation, gear towards IPO readiness & IFRS convergence. With such a great skill set, the students can be assured about the quality of training with his expertise.
He has been teaching at various institutions in Myanmar such as Swiss Business School, American Hospitality Institute of Myanmar with students ranging from directors to CEO of various companies.
ACADEMIC & PROFESSIONAL CREDENTIALS
Chartered Accountant – 2005 (Member of the ICAI) form Institute of Chartered Accountant of India
Company Secretary – 2005 from Institute of Company Secretaries of India
DISA (Diploma in Information System Audit) Supervisory Excellence (Online) & Business Leadership form e-Cornell University
Strategic Leadership from Shangri-La Global University
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