Course overview
In this course we will go through the entire process together up to the final evaluation of the results achieved. We will accompany you to the knowledge of a management control system that can be tailor-made for each hotel by explaining a method for sorting and interpreting the numbers and enabling management to make the right decisions.
What you will learn
Obsolescence does not only affect equipment and furnishings but mainly affects old procedures that are incapable of making management control effective.
MODULE 1
Planning
MODULE 2
The forecast budget
MODULE 3
The sales and costs budget
MODULE 4
The contribution margin and the Break – Break point
MODULE 5
The budget
MODULE 6
Balanced commercial strategies
MODULE 7
The management control system
MODULE 8
Tools for management control
MODULE 9
Procedures for management control
MODULE 10
Cost analysis and period of competence
MODULE 11
Periodic reports and evaluation of results
Course details
Who is the course for?
To plan a career in hotel finance and management control and budgeting.