Hotel Management Course - Understand Rooms Division Profit & Loss

A wide range of hotel management professionals in operations does not feel comfortable reading and presenting their department's financial performance due to a lack of financial background & knowledge and training.

• This course is designed to teach how to analyse Hotel financial statements and key terms used in operations.

• After completing this course I am confident that you will be able to analyze & present your department's performance easily and professionally.

• You will be able to understand how your decisions affect the profitability of the hotel and improve hotel profitability.

• Give your Career a head start by learning one of the key responsibilities of your career as a department manager which is managing the departmental P&L

In this unique and first-in-league online course, we will

- Discuss and understand key unique terms used in hotel management.

- Understand definitions of revenue and expense heads.

- Drill down all revenue and expenses to a deeper level to gain an understanding of how to create impact through strategic decisions.

- Learn how to analyse the hotel profit and loss statement for the room division.

- Discuss the profit & loss templates prescribed by USALI

- All terms explained are in compliance with the Uniform system of accounting for lodging industries.

The course is Unique in the sense that we focus on theory as well as practical assignments which I will be reviewing personally and guiding your learning ensuring that you achieve your objective of subscribing to this course. I will ensure that you excel in understanding your hotel management aspects as far as they relate to financial terms.

Even though the course is online with no physical presence, assignments in this course will give you a chance for personal interaction as I will review all assignments personally and give you personalized guidance.

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Who this course is for:

• Hotel Department Heads / Managers who are willing to sharpen their hotel management skills by learning the financial analysis side of operations.
• Front Office Managers, and supervisors who wish to advance in their careers by learning new skills on how to analyse and present Profit & Loss statements
• Room Division Professionals Seeking a career in Hospitality Industry and hotel management
• All hotel employees who want to learn how to analyse Room Division financial statements
• Hospitality Students who wish to give them a head start in their career by learning things quicker.