This course is designed for hospitality professionals, hotel owners and finance professionals wishing to update their skills and learn about hotel financials.
What you will learn
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.
Who is the course for?
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