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Hotel Management – Understand Rooms Division Profit & Loss

Hotel Revenue & Expense Analysis with marketing reports and cost management tricks to improve profitability of hotel
3.1
3.1/5
(55 reviews)
1,636 students
Created by

7.4

CourseMarks Score®

7.1

Freshness

5.4

Feedback

9.2

Content

Platform: Udemy
Video: 2h 51m
Language: English
Next start: On Demand

Top Hotel Management courses:

Detailed Analysis

CourseMarks Score®

7.4 / 10

CourseMarks Score® helps students to find the best classes. We aggregate 18 factors, including freshness, student feedback and content diversity.

Freshness Score

7.1 / 10
This course was last updated on 12/2019.

Course content can become outdated quite quickly. After analysing 71,530 courses, we found that the highest rated courses are updated every year. If a course has not been updated for more than 2 years, you should carefully evaluate the course before enrolling.

Student Feedback

5.4 / 10
We analyzed factors such as the rating (3.1/5) and the ratio between the number of reviews and the number of students, which is a great signal of student commitment.

New courses are hard to evaluate because there are no or just a few student ratings, but Student Feedback Score helps you find great courses even with fewer reviews.

Content Score

9.2 / 10
Video Score: 8.0 / 10
The course includes 2h 51m video content. Courses with more videos usually have a higher average rating. We have found that the sweet spot is 16 hours of video, which is long enough to teach a topic comprehensively, but not overwhelming. Courses over 16 hours of video gets the maximum score.
The average video length is 2 hours 07 minutes of 62 Hotel Management courses on Udemy.
Detail Score: 9.6 / 10

The top online course contains a detailed description of the course, what you will learn and also a detailed description about the instructor.

Extra Content Score: 9.9 / 10

Tests, exercises, articles and other resources help students to better understand and deepen their understanding of the topic.

This course contains:

2 articles.
5 resources.
0 exercise.
0 test.

Table of contents

Description

A wide range of hotel management professionals in operations does not feel comfortable reading and presenting their department’s financial performance due to lack of financial background & knowledge and training.
•This course is designed to teach how to anlayse Hotel financial statements and with key terms used in operations.
•After completing this course i am confident that you will be able to anlayse & present your department’s performance easily and professionally.
•You will be able to understand how your decisions affect profitability of hotel and improve hotels profitability.
•Give your Career a head start by learning one of they key responsibilities of your career as department manager which is managing the departmental P&L

In this unique and first in league online course, we will
– Discuss and understand key unique terms used in hotel management.
– Understand definitions of revenue and expense heads.
– Drill down all revenue and expenses to the deeper level to gain understanding how to create impact through strategic decisions.
– Learn how to analyse the hotel profit and loss statement for room division.
– Discuss the profit & loss templates prescribed by USALI
– All terms explained are in compliance with Uniform system of accounting for lodging industries.

Course is Unique in the sense that we focus on theory as well as practical assignments which i will be reviewing personally and guiding your learning ensuring that you achieve your objective of subscribing to this course. I will ensure that you excel in understanding your hotel management aspects as far as it relates to financial terms.

Even though the course is online with no physical presence, assignments in this course will give you a change of personal interaction as i will review all assignment personally and give you personalized guidance.

Subscribe now and Share the love with others as well.

You will learn

✓ Ability to understand Hotel Operation structure
✓ Understand Key terms used in hotel industry in very simple language
✓ Read Profit & loss statement and other performance reports without prior knowledge of accounting
✓ Present financial reports to Management
✓ Analyse the Hotel financial statements and performance results and take strategic decisions

Requirements

• No Prior knowledge of finance or hospitality industry is required, we would be covering the basics of hotel operation as well.Need to have passion towards learning hospitality & Hotel Management
• Willingness to dedicate few hours a week to Learn Hotel Management

This course is for

• Hotel Department Heads / Managers who are willing to sharpen their hotel management skills by learning the financial analysis side of operations.
• Front Office Managers, supervisors who wish to advance in their career by learning new skills on how to analyse and present Profit & Loss statements
• Room Division Professionals Seeking a career in Hospitality Industry and hotel management
• All hotel employees who want to learn how to analyse Room Division financial statements
• Hospitality Students who wish to give them a head start in their career by learning things quicker

How much does the Hotel Management - Understand Rooms Division Profit & Loss course cost? Is it worth it?

The course costs $11.99. And currently there is a 87% discount on the original price of the course, which was $94.99. So you save $83 if you enroll the course now.
The average price is $17.7 of 62 Hotel Management courses. So this course is 32% cheaper than the average Hotel Management course on Udemy.

Does the Hotel Management - Understand Rooms Division Profit & Loss course have a money back guarantee or refund policy?

YES, Hotel Management – Understand Rooms Division Profit & Loss has a 30-day money back guarantee. The 30-day refund policy is designed to allow students to study without risk.

Are there any SCHOLARSHIPS for this course?

Currently we could not find a scholarship for the Hotel Management - Understand Rooms Division Profit & Loss course, but there is a $83 discount from the original price ($94.99). So the current price is just $11.99.

Who is the instructor? Is Manish Gupta a SCAM or a TRUSTED instructor?

Manish Gupta has created 21 courses that got 504 reviews which are generally positive. Manish Gupta has taught 54,103 students and received a 3.6 average review out of 504 reviews. Depending on the information available, Manish Gupta is a TRUSTED instructor.
Hospitality Finance Expert and Business Strategist
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
Browse all courses by on Coursemarks.

7.4

CourseMarks Score®

7.1

Freshness

5.4

Feedback

9.2

Content

Platform: Udemy
Video: 2h 51m
Language: English
Next start: On Demand

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