Financial Analysis Course for Hotel Management

CPD certificates are accepted by thousands of professional bodies and government regulators here in the UK and around the world. Many organisations look for employees with CPD requirements, which means, that by doing this course, you would be a potential candidate in your respective field.

 

The Quality Licence Scheme is a brand of the Skills and Education Group, a leading national awarding organisation for providing high-quality vocational qualifications across a wide range of industries.

Introduction & Fundamentals

• Introduction
• Introduction to Hotel Operations
• Fundamentals of Accounting Concepts
• What is Allocation of Expenses
• What Are Prepayments

Key Terms Used in Hospitality

• Key Terms Used in Hospitality
• Rooms Division Key Terms – Occupancy & Related Terms
• Room Division Key Terms ADR and Related Terms
• F&B Business – Key Quantity Drivers
• Food & Beverage Division – Key Revenue Terms
• What are Various Revenue Segmentation – Transient Business
• Hotel Revenue Segmentation – Group Business
• F&B Revenue Segmentation Fundamentals

Standard Templates and Analysis Fundamentals Steps

• Standard Profit & Loss Templates Prescribed by Usali for Lodging Industries V11
• Revenue Reports Analysis Fundamentals
• Horizontal Analysis in Practice Through Room Segment Analysis
• Vertical Analysis Explained via Room Segment Report
• Combined Analsysis Simplified – Market Segment Report

Revenue Management & Analysis Reports

• Why You Should Know the Business Source
• Guest Nationality Report
• Booking Lead Period and Booking Pace Concepts
  Market Benchmark & Competitor Comparison Report
• Upselling & Upgrades
• Menu Engineering Report

Expenses & Expense Control Reports

• Labour Cost Basic Pay & Wages
• Labour Cost – Service Charge
• Labour Cost – Other Components
• Labour Cost Analysis
• Other Expenses and Control Reports
• Cost Management Ideas Part 1
• Cost Management Ideas – Part 2

Overall P&L Analysis

• Profit & Loss Analysis Steps
• Room Division Profit & Loss
• F&B Profit & Loss Statement

This interactive course is suitable for:

• Who wants to understand financial analysis for hotel management, revenue management and analysis reports, and overall P&L analysis
• People working in the hotels
• Hotel Manager, hotel owner
• One who is willing to hotel investment
• However, you may not be in any position to be part of our course as it is open to all avid learners.

• This hotel management course does not have academic entry requirements and is open to students of all academic backgrounds.
• However, you are required to have a laptop/desktop/tablet or smartphone and a good internet connection.
• Contact us for more information.

This Financial Analysis Course for Hotel Management assesses learners through multiple-choice questions (MCQs). Upon completing the modules, learners must answer MCQs to complete the assessment procedure. The MCQs measure how much a learner grasps from each section. The pass mark in the assessment is 60%.

Endorsed Certificate from Quality Licence Scheme

After successfully passing the MCQ exam you will be eligible to order the Endorsed Certificate by Quality Licence Scheme. The Quality Licence Scheme is a brand of the Skills and Education Group, a leading national awarding organisation for providing high-quality vocational qualifications across a wide range of industries. It will give you a competitive advantage in your career, making you stand out from all other applicants and employees. There is a Quality Licence Scheme endorsement fee to obtain an endorsed certificate which is £65.

Certificate of Achievement from Lead Academy

After successfully passing the MCQ exam, you will be eligible to order your certificate of achievement as proof of your new skill. You will get the CPD-accredited PDF certificate free of cost, which is included with the course. There is an additional fee to obtain a printed copy of the CPD-accredited certificate, which is £35.