Hotel Management – Budgeting, Forecasting and Business Plan
Preparing Hotel budgets can be difficult task due to inexperience and lack of specific methodology
This hotel management short course is designed to give fundamentals and templates which can be used for understanding how to make revenue and expenses budget.
In this course you will learn.
Steps in making hotel revenue and expenses budget
How to Make revenue estimates
How to analyse hotel labour cost and expenses.
Capital Expenditure budget.
These concepts can also be applied by general businesses whenever they need to forecast and estimate future business.