The "Foundations of Hotel Budgeting and Forecasting" course is designed to equip learners with the essential skills and knowledge needed to excel in the dynamic hospitality industry. As the industry continues to evolve, effective budgeting and forecasting have become imperative for hotel management. This course offers a comprehensive understanding of fundamental concepts, practices, and tools in hotel budgeting and forecasting, making it an ideal choice for various target learners.
Expérience recommandée
Ce que vous apprendrez
Create a hotel budget and forecast using industry-standard methods. (Higher-Order Thinking Skills - HOTS)
Evaluate the financial performance of a hotel and identify areas for improvement. (HOTS)
Understand the current trends and future outlook of hotel budgeting and forecasting.
Develop actionable strategies based on budgeting and forecasting data.
Compétences que vous acquerrez
- Catégorie : Financial Forecast
- Catégorie : Budget
- Catégorie : analysis
- Catégorie : Hotel budgeting and forecasting techniques.
- Catégorie : Sustainability Reporting
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Il y a 5 modules dans ce cours
This module establishes the fundamental concepts of hotel budgeting and forecasting. You will grasp the importance of budgeting, learn essential terminology, and understand the role of forecasting in effective decision-making.
Inclus
16 vidéos5 lectures1 devoir3 sujets de discussion
In this module, you will delve deeper into performance analysis and improvement strategies. You'll explore financial metrics, industry benchmarks, and learn how to conduct variance analysis effectively.
Inclus
16 vidéos4 lectures1 devoir3 sujets de discussion
This module examines modern trends and strategies impacting hotel budgeting and forecasting. Topics include technology advancements, sustainability practices, and innovations in revenue management.
Inclus
15 vidéos4 lectures1 devoir3 sujets de discussion
This advanced module explores cutting-edge techniques in hotel budgeting and forecasting. Topics include advanced data analytics, machine learning, budget optimization, performance metrics, and sustainable budgeting with a focus on corporate social responsibility (CSR).
Inclus
16 vidéos4 lectures1 devoir3 sujets de discussion
In this concluding module, learners will recap key course concepts and takeaways. The importance of continuous learning in the dynamic hospitality industry will be emphasized. The module concludes with the final assessment to evaluate learners' understanding of the course material.
Inclus
1 vidéo
Instructeur
Offert par
Recommandé si vous êtes intéressé(e) par Leadership and Management
Starweaver
ESSEC Business School
ESSEC Business School
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Access to lectures and assignments depends on your type of enrollment. If you take a course in audit mode, you will be able to see most course materials for free. To access graded assignments and to earn a Certificate, you will need to purchase the Certificate experience, during or after your audit. If you don't see the audit option:
The course may not offer an audit option. You can try a Free Trial instead, or apply for Financial Aid.
The course may offer 'Full Course, No Certificate' instead. This option lets you see all course materials, submit required assessments, and get a final grade. This also means that you will not be able to purchase a Certificate experience.
When you purchase a Certificate you get access to all course materials, including graded assignments. Upon completing the course, your electronic Certificate will be added to your Accomplishments page - from there, you can print your Certificate or add it to your LinkedIn profile. If you only want to read and view the course content, you can audit the course for free.
You will be eligible for a full refund until two weeks after your payment date, or (for courses that have just launched) until two weeks after the first session of the course begins, whichever is later. You cannot receive a refund once you’ve earned a Course Certificate, even if you complete the course within the two-week refund period. See our full refund policy.