This online course takes you into the heart of hotel financial analysis. You will acquire an understanding of the main elements of financial statements and, at a managerial level, develop your ability to interpret financial statements and key performance indicators (KPIs).
|Week 1||The basic financial reports
Financial reporting mechanics
|Week 2||Focus on assets
Focus on liabilities and shareholders’ equity
|Week 3||Cash flow analysis
Financial analysis tools and techniques
Liquidity and solvency analysis
|Week 4||Profitability analysis
Costs and decision-making
|Week 5||Final assessment|
Examine the three intersecting areas of the hospitality financial landscape:
- Financial Statements Analysis
- Budgeting and Forecasting
- Advanced Corporate Finance
Hotel competitive performance analysis and business planning processes are key to estimate future performance and monitor variances between actual outcomes and projected ones.