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Intro to Hotel Financial Statements - Free Version
Rating: 4.6 out of 5(230 ratings)
5,499 students
Created byManish Gupta
Last updated 5/2020
English

What you'll learn

  • Fundamentals of Hotel Business
  • Key Terms used in Hotel Business
  • Standard Templates of Hotel Financial Statements

Course content

1 section • 16 lectures • 44m total length

  • Introduction0:22
  • Free Resources0:15
  • Introductory Video1:11
  • Hotel Organisation Structure3:31

    Explore the hotel organisation structure and cost structure. Learn key departments such as general management, room division, food and beverage, maintenance, procurement, IT, and guest services.

  • Operating cycles and relation ship between departments3:35
  • USALI- Hotels’ accounting stnadard2:33
  • How hotel finance is different from other industries3:50
  • Hotels Financial reporting Structure3:16
  • Grand PnL standard Template4:06
  • Room Division Pnl Structure3:24
  • Room Division PnL structure Part 23:00
  • Key hotel revenue Revenue Terms -Quantity6:42
  • Key Hotel revenue terms - Value6:15
  • Next Steps and Final Lecture0:51
  • Thank you0:43
  • BONUS LECTURE0:34

Requirements

  • Beginner Level

Description

This Free Course give you

- fundamental information of hotel management terms.

- Standard Templates of hotel financial statements.

- Fundamental information on how to Read the Statements.


In our experience Hotel management professionals in operations does not feel comfortable reading and presenting their department's financial performance due to lack of financial background, knowledge and training.


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Who this course is for:

  • Hotel Management Students
  • Hotel Staff

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