Hotel finance for non-finance managers
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Course details
All managers realize that their main business goal is usually about driving profit - but what does that mean?
As a manager, you may not always have the tools you need to make informed, strategic changes that actively drive profit. But that’s about to change!
This online course is designed to provide the fundamental tools to help you interpret financial reports and take effective goal-oriented actions. With guidance from Al Amin, Finance Director at Marriott International, you’ll discover how you can analyze, practice, and critique business financial statements and convert numbers into operational actions.
What you'll learn in the Hotel finance for non-finance managers course
- Key financial skills and role objectives of a finance manager
- How to identify a profit and loss (P&L) report
- The importance of reviewing reports
- How revenue is driven in hotel departments
- Methods to manage the cost of sales
- How to calculate labor cost and productivity
- How to interpret labor data
- How to set department goals to drive profit
Who the Hotel finance for non-finance managers course is for
This online course is aimed at non-finance managers looking to develop their professional and personal skills in the field of hospitality finance.
Meet your instructor
8 lessons included in this course
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Start a course to master new skills in your chosen specialist area. Work through a series of topic-focused lessons at your own pace, and pass the final quiz to earn a digital certificate that proves your expertise.
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Complete all the lessons included in the course. Each lesson is generally 3-5 minutes long.
Pass the quiz
At the end of each course is a quiz. The quiz will test that you have retained the key learning outcomes in each course.
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Receive a digital badge for every completed course that you can download and share with your professional network.
Become an expert
Use your specialist training to build confidence, progress further in your career, or build expertise in areas you're passionate about.
All Typsy courses are endorsed by the Institute of Hospitality
Typsy courses have been endorsed by the Institute of Hospitality which demonstrates the courses:
- Adhere to good practice standards in training and training delivery
- Are relevant to the needs of the industry
- Meet a wide range of essential criteria relating to quality standards and quality learning outcomes
What to expect when you learn on Typsy
What our members are saying
"I especially love how crisp and easy to follow these courses are."
"Been loving Typsy so far! It was honestly like love at first sight, with the plethora of informative courses at my fingertips in such high quality and certified instructors. I especially love how crisp and easy to follow these courses are, whether you're a novice or an expert... Highly recommend Typsy to everyone who's a part of the hospitality industry."
"It assisted in sharpening and updating my current skills."
"I have been using the Typsy online training platform since April 2020 and have found it to be very informative, simple, and it provides hands-on, practical skills that I have been able to immediately implement at my accommodation facility. It also assisted in sharpening and updating my current skills to enhance my guests' experiences in the future."
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- Learn at your own pace
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