Hotel Budgeting and Forecasting
Explore the fundamental principles of hotel budgeting and forecasting in this beginner-level online course. Designed for a general audience with a global reach, this course delves into the core concepts and processes of financial planning within the
Overview
This course includes:
- 4 hours of on-demand video
- 70+ practice assessments
- Multiple hands-on learning activities
- Exposure to a real-world project
- Direct access/chat with the instructor
- 100% self-paced learning opportunities
- Certification of completion
Explore the fundamental principles of hotel budgeting and forecasting in this beginner-level online course. Designed for a general audience with a global reach, this course delves into the core concepts and processes of financial planning within the hospitality industry. From understanding key terminologies to examining current trends and future developments, this course equips you with essential knowledge to navigate the world of hotel budgeting and forecasting.
Skills You Will Gain
Learning Outcomes (At The End Of This Program, You Will Be Able To...)
- Understand the importance of financial planning in the hospitality industry and its impact on overall business success.
- Define key concepts and terminologies related to hotel budgeting and forecasting.
- Identify core business processes, systems, tools, and applications commonly used in hotel financial management.
- Analyze current and future trends in hotel budgeting and forecasting and their implications for the industry.
Prerequisites
Basic understanding of accounting principles recommended.
Who Should Attend
This course is tailored for individuals at a beginner level who seek to grasp the basics of hotel budgeting and forecasting. It’s ideal for aspiring hospitality professionals, hotel staff, and anyone interested in understanding the financial aspects of the hospitality business.
