Analyse And Interpret Hotels Overall Financial Statements
Understand Profit & Loss statements, Operational & Marketing Reports for analysis and return maximisation.
Updated on Sep, 2023
Language - English
This Course will help you to become expert in hotel management by analysing hotel operational & financial performance with ease.
In our experience 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.
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.
Who this course is for:
- Hotel Management Students
- Hotel Executives
- Hotel Managers & Supervisors
What will you learn in this course:
- How to Analyse overall Hotel Financial Performance
- Read Hotel Financial Statements
- Analyse Hotel Profit & Loss Statements
- Analyse Hotel Revenue performance in details
- Analyse Hotel Cost and Take Corrective Actions
- Revenue Analysis of Hotel
What are the prerequisites for this course?
- Some hotel industry experience
Check out the detailed breakdown of what’s inside the course
Introduction & Fundamentals
- Introduction 02:08 02:08
- Free Resources
- Introduction to Hotel Operations 04:40 04:40
- Fundamentals of Accounting Concepts 03:20 03:20
- What is Allocation of Expenses 03:58 03:58
- What are Prepayments 02:23 02:23
Key Terms Used in Hospitality
Standard Templates and Analysis Fundamentals Steps
Revenue Management & Analysis Reports
Expenses & Expense Control Reports
Overall P&L Analysis
Manish GuptaHospitality Finance Expert and Business Strategist
Mr 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
User your certification to make a career change or to advance in your current career. Salaries are among the highest in the world.
Our students work
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