learn how to Analyze Hotel Financial Statements to improve profitability in 2021
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Course sections
Section 1
Introduction and Fundamentals
1
Introduction to the course – Analyse Overall Financial Statements
2
Introduction to Hotel Operations
3
Fundamentals of Accounting Concepts
4
What is Allocation of Expenses
5
What are Prepayments
Section 2
Key Terms Used in Hospitality
1
Key Terms Used in Hospitality
2
Rooms Division Key Terms Occupancy & Related Terms
3
Room Division Key Terms ADR and Related Terms
4
F&B Business Key Quantity Drivers
5
Food & Beverage Division Key Revenue Terms
6
What are various Revenue Segmentation Transient Business
4:51
7
Hotel Revenue Segmentation Group Business
8
F&B Revenue Segmentation Fundamentals
Section 3
Standard Templates and Analysis Fundamentals Steps
1
Standard Profit & Loss Templates Prescribed by USALI for Lodging Industry
2
Revenue Reports Analysis Fundamentals
3
Horizontal Analysis in practice through Room Segment Analysis
4
Vertical Analysis Explained via Room Segment Report
5
Combined Analsysis Simplified Market Segment Report
6
Why you should know the Business Source
Section 4
Revenue Management & Analysis Reports
1
Guest Nationality Report
2
Booking Lead Period and Booking Pace Concepts
3
Market Benchmark & Competitor Comparison Report
4
Up selling & Upgrades Reports in understanding Revenue
5
Menu Engineering Report
Section 5
Expenses & Expense Control Reports
1
Labour Cost Basic Pay & Wages
2
Labour cost Service Charge
3
Labour Cost Other Components
4
Labour cost Analysis
5
Other Expenses and Control Reports
6
Cost Management Ideas Part 1
7
Cost Management Ideas Part 2
Section 6
Overall P&L Analysis
1
Profit & Loss Analysis Steps
2
Room Division Profit & Loss
3
F&B Profit & Loss Statement
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learn how to Analyze Hotel Financial Statements to improve profitability in 2021
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