Hotel financial model Building from scratch

"Hotel Financial Model Building from Scratch" is a detailed course designed to teach you how to construct a financial model tailored for the hotel industry. From gathering and analyzing financial data to building dynamic financial statements, this course covers all aspects of financial modeling. Ideal for hospitality professionals and finance enthusiasts, you'll gain practical skills in using Excel for financial projections, budgeting, and investment analysis. By the end of the course, you'll have the confidence to create and utilize financial models for informed business decision-making.

Business Financial

05:31:51 Hours

72 Enrolled

    • (4.86 | 14 Reviews)

English

Last updated

Fri, 09-Aug-2024

Course description

Course Overview

Welcome to "Hotel Financial Model Building from Scratch"! This comprehensive course is designed to equip you with the skills and knowledge needed to create a robust financial model specifically for the hotel industry. Whether you're a hospitality professional, a finance enthusiast, or someone looking to break into the industry, this course will guide you through every step of the financial modeling process. From understanding key financial concepts and gathering data to building detailed revenue and expense projections, you'll learn how to create a dynamic model that can be used for budgeting, forecasting, and investment analysis.

Key Learning Objectives

  1. Understand the fundamentals of financial modeling and its importance in the hotel industry.
  2. Learn to gather and analyze financial data relevant to hotel operations.
  3. Master the techniques for projecting hotel revenues, expenses, and cash flows.
  4. Develop skills to build comprehensive financial statements (Income Statement, Balance Sheet, and Cash Flow Statement) for a hotel.
  5. Gain proficiency in using Excel for financial modeling, including advanced functions and data visualization tools.

Requirements

  • Basic understanding of financial concepts and terminology.
  • Proficiency in Microsoft Excel.
  • A computer with internet access and Excel installed.
  • Willingness to learn and apply financial modeling techniques.
  • No prior experience in hotel financial modeling is required.

Outcomes

By the end of this course, you will be able to:

  1. Build a complete financial model for a hotel from scratch.
  2. Perform detailed revenue and expense projections based on realistic assumptions.
  3. Create dynamic financial statements that reflect the hotel's financial health.
  4. Analyze and interpret financial data to make informed business decisions.
  5. Use your financial model for budgeting, forecasting, and attracting investment.

Certification

Upon successful completion of the course, you will receive a Certificate of Completion that verifies your skills in hotel financial modeling. This certification will enhance your professional credentials, making you a valuable asset to potential employers and clients in the hospitality and finance industries. Showcase your certificate on your resume and LinkedIn profile to demonstrate your expertise in creating comprehensive financial models for hotels.

What will i learn?

  • Use your financial model for budgeting, forecasting, and attracting investment.
  • Analyze and interpret financial data to make informed business decisions.
  • Create dynamic financial statements that reflect the hotel's financial health.
  • Perform detailed revenue and expense projections based on realistic assumptions.
  • Build a complete financial model for a hotel from scratch.

Requirements

Business Financial

View profile

Ruth Kim

09-Aug-2024

5

An exceptional course that equips you with vital skills for building financial models, empowering informed decision-making in the hotel industry.

Stephanie Jackson

09-Aug-2024

5

This course is an exceptional guide for anyone in the hospitality industry! It effectively simplifies complex financial concepts, offering hands-on Excel exercises. You'll leave equipped with vital skills for budgeting, forecasting, and smart investment analysis, empowering your decision-making confidence. Highly recommend!

Jeremy Edwards

09-Aug-2024

5

This comprehensive course offers an in-depth understanding of financial modeling tailored for the hotel industry. Participants will gain practical Excel skills for financial projections, budgeting, and investment analysis, empowering them to make informed business decisions with confidence. Ideal for hospitality professionals and finance enthusiasts alike.

Jeremy Flores

09-Aug-2024

5

This comprehensive course excels in teaching practical skills for constructing financial models in the hotel industry, empowering participants with Excel expertise for projections and budgeting, ultimately fostering confidence in strategic business decision-making. Highly recommended!

Michael Morris

09-Aug-2024

5

An invaluable course that empowers hospitality professionals with essential Excel skills for financial projections, budgeting, and investment analysis—perfect for informed decision-making in the hotel industry!

Samuel Brown

09-Aug-2024

5

This course is an incredible journey into hotel financial modeling! Engaging content, practical Excel skills, and valuable insights make it a must for anyone in hospitality or finance. Highly recommended!

Hannah Brooks

09-Aug-2024

3

This course provides valuable skills in Excel for financial projections and budgeting, making it ideal for hospitality professionals. However, it may require prior knowledge of finance concepts, which could be a barrier for absolute beginners. Overall, it offers practical insights for informed decision-making in the hotel industry.

Donna Young

09-Aug-2024

5

This course exceeded my expectations! The comprehensive approach to constructing financial models specifically for the hotel industry was invaluable. The hands-on exercises in Excel equipped me with practical skills for budgeting and analysis. The expert instruction and clarity in concepts boosted my confidence in making informed decisions. Highly recommended!

Emily Cook

09-Aug-2024

5

This comprehensive course excels in teaching practical financial modeling skills specifically for the hotel industry. Participants gain hands-on experience with Excel, mastering financial projections and budgeting. The structured approach enhances confidence, empowering hospitality professionals and finance enthusiasts to make informed and strategic business decisions. Highly recommended!

Helen Cox

08-Aug-2024

5

This course expertly combines theory and practical Excel skills, empowering hospitality professionals to confidently develop financial models for effective decision-making in the hotel industry. Highly recommended!

Donna Powell

08-Aug-2024

5

This course expertly equips participants with vital Excel skills for financial projections, empowering hospitality and finance professionals to make informed, strategic decisions with confidence. Highly recommended!

Linda Bennett

08-Aug-2024

5

This course is a game-changer! It provides comprehensive insights into hotel financial modeling, equipping you with essential Excel skills for projections and budgeting. Highly recommend for anyone in hospitality or finance!

Patrick Bailey

07-Aug-2024

5

Essential for mastering financial models in hospitality; practical skills empower confident decision-making. Highly recommended!

Madison Wright

07-Aug-2024

5

This course is an exceptional resource for anyone looking to master financial modeling in the hotel industry. The detailed approach, from data analysis to creating dynamic financial statements, ensures a comprehensive understanding. The practical skills gained in Excel for budgeting and investment analysis empower you to make informed decisions confidently. Perfect for hospitality professionals and finance enthusiasts, I highly recommend it for advancing your expertise!

$9.99

$109.99

Lectures

25

Skill level

Beginner

Expiry period

Lifetime

Certificate

Yes
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