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BusinessOperationsHotel Management

Hotel Management - Food & Beverage and General Cost Control

Cost Control processes, Cost Auditing and checking process, butcher / yield test, menu engineering, bar spot checks
Rating: 4.1 out of 54.1 (64 ratings)
218 students
Created by Manish Gupta, TA eHMS
Last updated 12/2019
English
English [Auto]

What you'll learn

  • Hotel management - Cost Control process
  • How to setup par
  • Purchasing controls
  • various spot check and analytical checks to identify problems
  • control control reporting
  • potential cost control reports

Requirements

  • basic understanding of hotel operations

Description

In Hospitality management, F&B and other general Cost are second largest cost in hospitality apart from labour cost.

in this hotel management cost control course you will learn the fundamental processes by which these cost can be controlled.

we will learn various

- PAR Setting process for general inventory

- How to Calculate kitchen food orders

- Butcher Test / Yield Tests

- Bar Spot Checks

- Various other control aspects related to hotel cost controls

This Course is designed for hotel cost controllers, finance staff, department heads to be able to understand how cost for hotels are managed.

Who this course is for:

  • Hotel Cost controllers
  • Hotel Operations Managers
  • Food and Beverage department executives
  • Hotel Finance Staff
  • Hotel Owners

Instructors

Manish Gupta
Hospitality Finance Expert and Business Strategist
Manish Gupta
  • 3.9 Instructor Rating
  • 3,471 Reviews
  • 107,423 Students
  • 39 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

TA eHMS
Business Development at eHMS
TA eHMS
  • 3.9 Instructor Rating
  • 614 Reviews
  • 45,725 Students
  • 26 Courses

Hotel management school is leading online hotel management training and service provider with having over 15 years if experience in hospitality, finance, audits, startups. We have been training over 100k students on udemy and physical classes and impacting their learning experience.

We provide hotel consulting services to small and medium-sized hotels to help them grow their business and profitability. If you wish to explore our services, pls send us a message with your query, we will be happy to assist in

- Revenue Management

- Guest Journey Mapping

- Financial Management and Planning

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