This program 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.
Every day senior managers of hospitality companies have to make decisions with respect to investing in new projects, raising capital, acquiring companies or disposing of existing businesses or assets.