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Course Fee
£29
£125
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👉 CPD UK Accredited PDF Certificate Included
4 interest-free payments of £7.25
This course provides aspiring hotel managers with the essential skills to make informed decisions that drive success in the hospitality industry. Here, learners will explore key financial concepts and learn how to interpret financial statements and budgets.
This Course At A Glance
- Accredited by CPD UK
- Endorsed by Quality Licence Scheme
- Understand allocation of expenses
- Know prepayments
- Get acquainted with the fundamentals of accounting concepts
- Know hotel operations
- Learn F&B revenue segmentation fundamentals
- Know the fundamentals of revenue reports analysis
- Understand labour cost basic pay and wages, service charge, and other components
- Know overall Profit and loss analysis
- Understand room division profit and loss
- Know F & B profit and loss statement
Why Financial Analysis Course for Hotel Management right for you?
This Financial Analysis Course for Hotel Management is designed for those who want to learn the key terms used in hospitality such as rooms division – occupancy and related terms and critical term such as ADR, Food and Beverage business – key quantity drivers. You will have deep knowledge of standard Profit and Loss templates prescribed by USALI for lodging industries V11, revenue reports analysis fundamentals and horizontal analysis. This online course will educate you on revenue management and analysis reports, expenses and expense control reports, and overall P & L analysis.
By the end of the course, you will have a thorough understanding of hotel operations, critical terms used in hospitality, and standard templates and analysis of fundamental steps.
Financial Analysis Course for Hotel Management Details
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 those who want to understand financial analysis for hotel management, revenue management and analysis reports, and overall P & L analysis.
- There are no academic entry requirements for this Financial Analysis Course for Hotel Management, and it 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.
This Financial Analysis Course for Hotel Management assesses learners through multiple-choice questions (MCQs). Upon successful completion of the modules, learners must answer MCQs to complete the assessment procedure. Through the MCQs, it is measured how much a learner can grasp from each section. In the assessment pass mark 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.
Success Stories
Course Reviews
FAQs
CPD is globally recognised by employers, professional organisations and academic intuitions, thus a certificate from CPD Certification Service creates value towards your professional goal and achievement. CPD-certified certificates are accepted by thousands of professional bodies and government regulators here in the UK and around the world.
Although QLS courses are not subject to Ofqual regulation, they must adhere to an extremely high level that is set and regulated independently across the globe. A course that has been approved by the Quality Licence Scheme simply indicates that it has been examined and evaluated in terms of quality and fulfils the predetermined quality standards.
For CPD accredited PDF certificate it will take 24 hours, however for the hardcopy CPD certificate takes 5-7 business days and for the Quality License Scheme certificate it will take 7-9 business days.
Yes, you can pay via Invoice or Purchase Order, please contact us at info@lead-academy.org for invoice payment.
Yes, you can pay via instalments at checkout.
Our platform provides easy and comfortable access for all learners; all you need is a stable internet connection and a device such as a laptop, desktop PC, tablet, or mobile phone. The learning site is accessible 24/7, allowing you to take the course at your own pace while relaxing in the privacy of your home or workplace.
No, there is no age limit for online learning. Online learning is accessible to people of all ages and requires no age-specific criteria to pursue a course of interest. As opposed to degrees pursued at university, online courses are designed to break the barriers of age limitation that aim to limit the learner’s ability to learn new things, diversify their skills, and expand their horizons.
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