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Hotel Management Training - Strategic Analysis of Hotel Performance

person icon Manish Gupta

4.6

Hotel Management Training - Strategic Analysis of Hotel Performance

Modern performance Metrices, Financial & Non-financial Hotel performance, understanding of operation strategies

updated on icon Updated on Apr, 2024

language icon Language - English

person icon Manish Gupta

English [CC]

category icon Business,Business Strategy,Hotel Management

Lectures -16

Duration -1 hours

4.6

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Course Description

As a hotel owner / operator you are always wondering how various hotel management strategies are performing and 

what are various performance metrices we can use for monitoring hotel performance. 

Hotel Operation and Management team may have different strategies to achieve their vision. 

There are many performance indicators that can be used to analyse hotel performance however not all of them give same value and indication of hotel performance.

Actual performance can be hidden behind good looking KPIs. This course will guide to understand common KPIs and how to decode them. After this course you can tell if Hotel strategies are working or not and profits are maximized.

Take this very short course to understand how to analyse hotel's performance without going too deep in financial statements and understand how various performance indicators can help to understand effective ness of various strategies

Course is designed to give a bird's eye view on hotel performance.

Who this course is for:

  • Hotel Owners
  • Operations Managers

Goals

What will you learn in this course:

  • Strategic Analysis of Hotel Overall performance
  • Meaning of Various Performance Indicators (Benefits and Limitations)
  • Learn to Analyse Revenue & expenses from overview

Prerequisites

What are the prerequisites for this course?

  • Some Hotel Operations Understanding
Hotel Management Training - Strategic Analysis of Hotel Performance

Curriculum

Check out the detailed breakdown of what’s inside the course

Introduction
6 Lectures
  • play icon Introduction 00:46 00:46
  • play icon What is Occupancy % and is it good indicator 03:37 03:37
  • play icon Average Daily Rates - Tricky to compare 03:35 03:35
  • play icon RevPAR - Better Indicator ! really? 02:10 02:10
  • play icon Gross Operating Ratio and Trip Advisor Ranking - Evaluation 03:08 03:08
  • play icon Revenue Segmentation and Problem with Traditional Metrics 02:05 02:05
Modern Performance Metrics for Strategic Analysis & Control
3 Lectures
Tutorialspoint
Analysis Fundamentals & Process
6 Lectures
Tutorialspoint

Instructor Details

Manish Gupta

Manish Gupta

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