US $19.97

Finance management model for hospitality during crises

——   Created by Hotel Management School

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Course
12
Lessons
1h 39m
Lesson time
all
Skill levels

More about this course

Pandemic has thrown challenges on the survival of the hospitality business. Managing the cash is now key in surviving the business.

in this short we have covered.

1. alternative revenue-generating strategies for hospitality

2. operation and cost management principals

3. financial model to calculate cash management template -

4. how to use it and manage your cash flows in the future.

an excel template is given along with the course which you can download and use.

12 Lessons

6 mins
Introduction and basis of projections cash management for hotels
free preview
6 mins
Making future plans and potential revenue generating activities
free preview
6 mins
Operational plans that need to be looked at
8 mins
Cost management practices at hotel and abc system
5 mins
Other matters before practical exercise
5 mins
Room revenue budget template
11 mins
F&B revenue budgeting template
11 mins
Banquet and other operating departments
12 mins
Headcount budget
12 mins
Payroll and other cost budgeting
11 mins
Other hotel operational expenses
11 mins
Cash budgeting exercise

About the instructor

Hotel Management School

Hotel management school was established a year ago by young and professional hoteliers having a combined experience of over 20 years. 

Instructors have worked in prestigious hotel …

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Class benefits

  • Certificate of Completion
  • 30 day satisfaction guarantee
  • 24/7 streaming access
  • Direct teacher access
  • 1h 39m of on-demand video
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