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Mastering Hotel Financials
In this online course, you will examine three intersecting areas of the hospitality financial landscape: financial statements analysis, budgeting and forecasting, and advanced corporate finance.
Schedule
| Week 1 to 5 | Financial Analysis Statements: - Financial reporting - Focus on assets - Focus on liabilities and shareholders’ equity - Cash flow analysis - Liquidity and solvency analysis - Profitability analysis - Costs and decision-making - Final assessment |
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| Week 6 to 10 | Budgeting & Forecasting: - Planning methodologies - Managing the planning process - Benchmarking - Metrics and benchmarking for hotels - Competitor analysis and STR reports - Budget preparation - Budgetary control - Cash management - Cash budgeting - Final assessment |
| Week 11 to 15 | Corporate Finance: - Capital structure considerations - Raising debt financing - Raising equity financing - Corporate valuation - Mergers and acquisitions - Private equity investing - Risk management - Final assessment |
Learning Outcomes
Financial Analysis Statements
- Translate transactions into financial statements
- Review financial reporting process and standards
- Build a cash flow statements and analyze company financials using ratios
- Review ratio analysis, common-size analysis and cross-sectional analysis
- Analyze profitability using EPS, margins, ROA, ROE ratios and hospitality related metrics
Budgeting & Forecasting
- Recognize hospitality industry analytics using the STR methodology
- Perform competitive analysis, market analysis and segmentation analysis
- Use data analysis to forecast future performance for a geographic market, a hotel category, or an individual property
- Describe the main reasons for budgeting and long-term business planning
- Distinguish between the different elements of a budget and a long-term business plan at the departmental, property, and corporate level
Advanced Corporate Finance
- Explain and critique corporate finance decisions
- Analyze capital structure decisions and the process of raising debt and equity
- Explain processes for hospitality mergers and acquisitions
- Recognize drivers for investment into public and listed hospitality companies
- Identify and manage key financial risks faced by hospitality companies
Who Should Join
This course is designed for hospitality professionals, hotel owners and finance professionals wishing to update their skills and learn about hotel financials.
Course Advantages
- A learning manager moderates the course
- An online course accessible whenever and wherever
- Course content based on EHL’s MBA in Hospitality program
- A Certificate of Achievement delivered and certified by EHL
Course overview
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Next intakes 6 January 2021
16 August 2021 -
Length 3 x 5 weeks
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Effort 8 hours / week
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Course delivery Online
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Language English
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Price CHF 5,940
