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£25
+ VAT£25
+ VATOn-Demand course
All levels
Quality Guarantee:
Promising training excellence, satisfaction gurantee
Accredited by:
CPD UK & Quality License Scheme
Tutor Support:
Unlimited support via email, till you complete the course
Recognised Certification:
Accepted by thousands of professional bodies
Start Anytime:
With 1 year access to the course materials
Online Learning:
Learn from anywhere, whenever you want
This course provides aspiring hotel managers with the essential skills to make informed decisions that drive success in the hospitality industry. Here learners will explore key financial concepts and learn how to interpret financial statements and budgets.
Accredited by CPD UK
Endorsed by Quality Licence Scheme
Understand allocation of expenses
Know prepayments
Get acquainted with the fundamentals of accounting concepts
Know hotel operations
Learn F&B revenue segmentation fundamentals
Know the fundamentals of revenue reports analysis
Understand labour cost basic pay and wages, service charge, and other components
Know overall Profit and loss analysis
Understand room division profit and loss
Know F & B profit and loss statement
This Financial Analysis Course for Hotel Management is designed for those who want to learn the key terms used in hospitality such as rooms division - occupancy and related terms and critical term such as ADR, Food and Beverage business - key quantity drivers. You will have deep knowledge of standard Profit and Loss templates prescribed by USALI for lodging industries V11, revenue reports analysis fundamentals and horizontal analysis. This online course will educate you on revenue management and analysis reports, expenses and expense control reports, and overall P & L analysis.
By the end of the course, you will have a thorough understanding of hotel operations, critical terms used in hospitality, and standard templates and analysis of fundamental steps.
CPD certificates are accepted by thousands of professional bodies and government regulators here in the UK and around the world. Many organisations look for employees with CPD requirements, which means, that by doing this course, you would be a potential candidate in your respective field.
The Quality Licence Scheme is a brand of the Skills and Education Group, a leading national awarding organisation for providing high-quality vocational qualifications across a wide range of industries.
Introduction & Fundamentals
Introduction
Introduction to Hotel Operations
Fundamentals of Accounting Concepts
What is Allocation of Expenses
What Are Prepayments
Key Terms Used in Hospitality
Key Terms Used in Hospitality
Rooms Division Key Terms - Occupancy & Related Terms
Room Division Key Terms ADR and Related Terms
F&B Business - Key Quantity Drivers
Food & Beverage Division - Key Revenue Terms
What are Various Revenue Segmentation - Transient Business
Hotel Revenue Segmentation - Group Business
F&B Revenue Segmentation Fundamentals
Standard Templates and Analysis Fundamentals Steps
Standard Profit & Loss Templates Prescribed by Usali for Lodging Industries V11
Revenue Reports Analysis Fundamentals
Horizontal Analysis in Practice Through Room Segment Analysis
Vertical Analysis Explained via Room Segment Report
Combined Analsysis Simplified - Market Segment Report
Revenue Management & Analysis Reports
Why You Should Know the Business Source
Guest Nationality Report
Booking Lead Period and Booking Pace Concepts Market Benchmark & Competitor Comparison Report
Upselling & Upgrades
Menu Engineering Report
Expenses & Expense Control Reports
Labour Cost Basic Pay & Wages
Labour Cost - Service Charge
Labour Cost - Other Components
Labour Cost Analysis
Other Expenses and Control Reports
Cost Management Ideas Part 1
Cost Management Ideas - Part 2
Overall P&L Analysis
Profit & Loss Analysis Steps
Room Division Profit & Loss
F&B Profit & Loss Statement
This interactive course is suitable for those who want to understand financial analysis for hotel management, revenue management and analysis reports, and overall P & L analysis.
There are no academic entry requirements for this Financial Analysis Course for Hotel Management, and it is open to students of all academic backgrounds.
However, you are required to have a laptop/desktop/tablet or smartphone and a good internet connection.
This Financial Analysis Course for Hotel Management assesses learners through multiple-choice questions (MCQs). Upon successful completion of the modules, learners must answer MCQs to complete the assessment procedure. Through the MCQs, it is measured how much a learner can grasp from each section. In the assessment pass mark is 60%.
Endorsed Certificate from Quality Licence Scheme
After successfully passing the MCQ exam you will be eligible to order the Endorsed Certificate by Quality Licence Scheme. The Quality Licence Scheme is a brand of the Skills and Education Group, a leading national awarding organisation for providing high-quality vocational qualifications across a wide range of industries. It will give you a competitive advantage in your career, making you stand out from all other applicants and employees. There is a Quality Licence Scheme endorsement fee to obtain an endorsed certificate which is £65.
Certificate of Achievement from Lead Academy
After successfully passing the MCQ exam you will be eligible to order your certificate of achievement as proof of your new skill. The certificate of achievement is an official credential that confirms that you successfully finished a course with Lead Academy. Certificate can be obtained in PDF version at a cost of £12, and there is an additional fee to obtain a printed copy certificate which is £35.
CPD is globally recognised by employers, professional organisations and academic intuitions, thus a certificate from CPD Certification Service creates value towards your professional goal and achievement. CPD-certified certificates are accepted by thousands of professional bodies and government regulators here in the UK and around the world.
Although QLS courses are not subject to Ofqual regulation, they must adhere to an extremely high level that is set and regulated independently across the globe. A course that has been approved by the Quality Licence Scheme simply indicates that it has been examined and evaluated in terms of quality and fulfils the predetermined quality standards.
For CPD accredited PDF certificate it will take 24 hours, however for the hardcopy CPD certificate takes 5-7 business days and for the Quality License Scheme certificate it will take 7-9 business days.
Yes, you can pay via Invoice or Purchase Order, please contact us at info@lead-academy.org for invoice payment.
Yes, you can pay via instalments at checkout.
Our platform provides easy and comfortable access for all learners; all you need is a stable internet connection and a device such as a laptop, desktop PC, tablet, or mobile phone. The learning site is accessible 24/7, allowing you to take the course at your own pace while relaxing in the privacy of your home or workplace.
No, there is no age limit for online learning. Online learning is accessible to people of all ages and requires no age-specific criteria to pursue a course of interest. As opposed to degrees pursued at university, online courses are designed to break the barriers of age limitation that aim to limit the learner's ability to learn new things, diversify their skills, and expand their horizons.
After successfully purchasing the course, you will receive an email within 24 hours with the login details of your course. Kindly check your inbox, junk or spam folder, or you can contact our client success team via info@lead-academy.org
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