Enrolled: 1 student
Duration: 1.5 Hours
Lectures: 14
Video: 1.5 Hours
Level: Intermediate

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Executive Management and hotel performance

As a hotel owner/operator you are always wondering how various hotel management strategies are performing and what are various performance matrices we can use for monitoring hotel performance?

Hotel Operation and Management team may have different strategies to achieve their vision.

There are many performance indicators that can be used to analyze hotel performance however not all of them give the same value and an indication of hotel performance.

Actual performance can be hidden behind good looking KPIs. This course will guide to understand common KPIs and how to decode them. After this course, you can tell if Hotel strategies are working or not and profits are maximized.

Take this very short course to understand how to analyze a hotel’s performance without going too deep in financial statements and understand how various performance indicators can help to understand the effectiveness of various strategies

The course is designed to give a bird’s eye view on hotel performance.

What you’ll learn about hotel performance

  • Strategic Analysis of Hotel Overall performance
  • Meaning of Various Performance Indicators (Benefits and Limitations)
  • Learn to Analyse Revenue & expenses from overview

Are there any course requirements or prerequisites?

  • Some Hotel Operations Understanding

Who this course is for:

  • Hotel Owners
  • Operations Managers

Instructor of the course is Mr Manish Gupta other courses by him are

Analyze Hotel Financial Statements steps you must learn for Rooms Dept

Learn how to analyse and maximize Restaurant Profitability

Analyze & Interpret Overall Hotel Financial Statements

Fundamentals of Hotel Revenue Management

Introduction

1
Intro to the course on strategic analysis of hotel performance
2
What is Occupancy % and How do we calculate it & is it good indicator
3
Average Daily Rates Tricky to compare
4
RevPAR Better Indicator ! really
5
Gross Operating Ratio and Trip Advisor Ranking Limitations of these measures
6
Revenue Segmentation and Problem with Traditional Metrics

Modern Performance Metrics for Strategic Analysis & Control

1
Total RevPAR, Gross Operating Profit PAR, Revenue Generation Index
2
Guest Social Sentiment Score, Total Revenue per SQFT Overall Pros
3
What Performance Indicators are Bad and need to be careful of

Profit & Loss Analysis

1
Basic Methodology to understand Profit & Loss
2
Ratio Analysis of hotel P&L
3
Strategic Analysis of Hotel Revenue and Additional Reports
4
Strategic Analysis of Hotel Revenue and Additional Reports

Non Financial Measures of Hotel performance

1
Other Non Financial Aspects of Business

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Strategic Analysis of Hotel Performance
Price:
$4.99