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Hotel Management - Strategic Analysis of Hotel Performance

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

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

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

Prerequisites

  • Some Hotel Operations Understanding
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Curriculum

  • Introduction
    00:46
    Preview
  • What is Occupancy % and is it good indicator
    03:37
    Preview
  • Average Daily Rates - Tricky to compare
    03:35
    Preview
  • RevPAR - Better Indicator ! really?
    02:10
  • Gross Operating Ratio and Trip Advisor Ranking - Evaluation
    03:08
  • Revenue Segmentation and Problem with Traditional Metrics
    02:05
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Hotel Management - Strategic Analysis of Hotel Performance
This Course Includes
  • 1 hours
  • 15 Lectures
  • Completion Certificate Sample Certificate
  • Lifetime Access Yes
  • Language English
  • 30-Days Money Back Guarantee

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