Finance management Model for Hospitality during Crisis
4.2 (12 ratings)
Course Ratings are calculated from individual students’ ratings and a variety of other signals, like age of rating and reliability, to ensure that they reflect course quality fairly and accurately.
2,699 students enrolled

Finance management Model for Hospitality during Crisis

Learn forecasting, budgeting and Resource management with tips on cost management principals. Resource Planning
4.2 (12 ratings)
Course Ratings are calculated from individual students’ ratings and a variety of other signals, like age of rating and reliability, to ensure that they reflect course quality fairly and accurately.
2,699 students enrolled
Last updated 6/2020
English
English [Auto]
Current price: $30.99 Original price: $44.99 Discount: 31% off
5 hours left at this price!
30-Day Money-Back Guarantee
This course includes
  • 1.5 hours on-demand video
  • 1 article
  • Full lifetime access
  • Access on mobile and TV
  • Certificate of Completion
Training 5 or more people?

Get your team access to 4,000+ top Udemy courses anytime, anywhere.

Try Udemy for Business
What you'll learn
  • Alternative Revenue Generation Strategies
  • Cost management Strategies
  • Practical Template to prepare cash management
Requirements
  • Basic Hotel Management operations
Description

Pandemic has thrown challenges on the survival of the hospitality business. Managing the cash is now key in surviving the business.

in this short we have covered.

1. alternative revenue-generating strategies for hospitality

2. operation and cost management principals

3. Financial model to calculate Cash management template -

4. how to use it and manage your cash flows in the future.

an excel template is given along with the course which you can download and use.

if you feel any difficulty in filling up the template, pls message

Who this course is for:
  • Hotel Operation Managers
  • Hotel Managers
  • Supervisors
  • Department heads
  • Small hotel owners
  • Restaurant owners
  • restaurant managers
Course content
Expand all 13 lectures 01:40:03
+ Fundamentals and understanding concepts
5 lectures 29:32
Operational Plans that need to be looked at
05:51
Cost management Practices at hotel and ABC system
07:30
Other Matters before practical exercise
04:48
+ Financial Model and Working on Financial model
7 lectures 01:09:39
Room Revenue Budget Template
04:40
F&B Revenue Budgeting Template
10:13
banquet and Other operating Departments
10:28
Headcount Budget
11:24
Payroll and Other Cost Budgeting
12:00
Other hotel operational Expenses
10:12
Cash Budgeting Exercise
10:42