hotel-finances-online-course
best-hospitality-school

Hotel Financial
Online Course

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
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

  • Next intakes 8 January 2020
    17 August 2020
  • Length 3 x 5 weeks
  • Effort 8 hours / week
  • Course delivery Online
  • Language English
  • Price CHF 5,940
134
Lecture Videos
104
Executive Interviews
32
Interactive Exercises
91
Reading & Case Studies

Meet your instructors

 

ehl-faculty-poretti-online-course

Dr. Cédric Poretti

Assistant Professor, Accounting

ehl-faculty-haddad-online-course

Stéphane Haddad

Senior Lecturer
Finance

ehl-faculty-philip-bacon-online-course

Philip Bacon

Senior Lecturer
Finance