Intro to Hotel Financial Statements - Free Version

Learn Key Terms used in Hotel management and Standard Hotel Financial Statements
Rating: 4.0 out of 5 (134 ratings)
3,645 students
Intro to Hotel Financial Statements - Free Version
Rating: 4.0 out of 5 (134 ratings)
3,647 students
Fundamentals of Hotel Business
Key Terms used in Hotel Business
Standard Templates of Hotel Financial Statements

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.


Subscribe now and Share the love with others as well.

Who this course is for:
  • Hotel Management Students
  • Hotel Staff
Course content
1 section • 16 lectures • 44m total length
  • Introduction
    00:22
  • Free Resources
    00:15
  • Introductory Video
    01:11
  • Hotel Organisation Structure
    03:31
  • Operating cycles and relation ship between departments
    03:35
  • USALI- Hotels’ accounting stnadard
    02:33
  • How hotel finance is different from other industries
    03:50
  • Hotels Financial reporting Structure
    03:16
  • Grand PnL standard Template
    04:06
  • Room Division Pnl Structure
    03:24
  • Room Division PnL structure Part 2
    03:00
  • Key hotel revenue Revenue Terms -Quantity
    06:42
  • Key Hotel revenue terms - Value
    06:15
  • Next Steps and Final Lecture
    00:51
  • Thank you
    00:43
  • BONUS LECTURE
    00:34

Instructor
Hospitality Finance Expert and Business Strategist
Manish Gupta
  • 3.8 Instructor Rating
  • 2,092 Reviews
  • 55,249 Students
  • 30 Courses

PROFILE & STRENGTHS  

Mr Manish Gupta is an experienced hospitality finance professional, having a blend of financial core expertise with hands-on training in managing hotel operations and business development.

Having worked as an Auditor for 7 years, he moved into finance management for brands like Parsvnath Developers and Shangri-La Hotels & Resorts and currently serving as the CFO of HTOO Hospitality.

His role is to spread the finance function for the largest hospitality in Myanmar owned and managed by one of the biggest business houses in Myanmar. They have 16 operational and underdevelopment High-end boutique resorts (covering an overall room inventory of 800+ rooms), 2,000 employees. Most of the properties are leaders in their region on trip advisor and won various travel awards over a period of time.

He has proven experience in setting up the foundation for sustainable growth (in the form of management information systems, restructuring), ERP implementation, gear towards IPO readiness & IFRS convergence. With such a great skill set, the students can be assured about the quality of training with his expertise.

He has been teaching at various institutions in Myanmar such as Swiss Business School, American Hospitality Institute of Myanmar with students ranging from directors to CEO of various companies.


ACADEMIC & PROFESSIONAL CREDENTIALS   

Chartered Accountant – 2005 (Member of the ICAI) form Institute of Chartered Accountant of India   

Company Secretary – 2005  from Institute of Company Secretaries of India   

DISA (Diploma in Information System Audit) Supervisory Excellence (Online) & Business Leadership   form e-Cornell University     

Strategic Leadership from Shangri-La Global University