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Support, Share and Subscribe to channel - https://www.youtube.com/channel/UCOqzin5jiv05QubIYpc4xwA Follow our Facebook Page - https://ift.tt/EBTKGIn #education #finance #coaching #video #youtube #howto #template #financialstatements #oneonone #onlinecontent #hotelmanagement #hotelandresortmanagement #hotelsandmotels #financialplanning #onlinelearning #learningmanagement #learningenvironment #analysis #incomestatement #profitmaximization #profitandlossmanagement #profitabilityimprovement #profitcentermanagement #learningoutcomes #educationalvideo #videocommunication #learningtheory #educationalprograms #learningcenters #revenueanalysis #revenueshare #businessmodels #yotube #revenuemodeling #travelandtourism #onlineeducation #revenueforecasting About eHotel Management School We are committed to provide quality hotel management learning with practical assignments and related industry experience to our students. Transformative education Learning with Hotel Management School (eHMS) will gear you for an exciting career in international hospitality management. You will be taught by leading professionals having extensive practical experience in international hotel management. You will learn at your own individual pace together with your regular Jobs and discuss real issues in discussion groups. The courses are ever evolving and will cover all practical aspects and latest trends. You will also become part of our alumni network, a community of over 3,000 other students that stretches across the globe in over 100 countries. by Hotel Management School, Learn Skill Based Courses
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Uniform system of accounting for lodging industries (USALI) is the bible for the financial standards in the hotel industry. It lays out detail and provides a solid and usable framework for the hotel industry to follow when it comes to how we present financial information. USALI is followed all over the world by big and small hotels alike. Management companies emphasize on following usali as it provides a uniform basis of accounting and analysis. If there are no standard definitions all hotels would be free to use any type of definition that may suit hotel performance. Watch this video to understand if your hotel is complying with USALI. You can subscribe to our courses on USALI at https://ift.tt/3lXgYOa Support, Share and Subscribe to channel - https://www.youtube.com/channel/UCOqzin5jiv05QubIYpc4xwA Follow our Facebook Page - https://ift.tt/2UgSwuT About eHotel Management School We are committed to provide quality hotel management learning with practical assignments and related industry experience to our students. Transformative education Learning with Hotel Management School (eHMS) will gear you for an exciting career in international hospitality management. You will be taught by leading professionals having extensive practical experience in international hotel management. You will learn at your own individual pace together with your regular Jobs and discuss real issues in discussion groups. The courses are ever evolving and will cover all practical aspects and latest trends. You will also become part of our alumni network, a community of over 3,000 other students that stretches across the globe in over 100 countries. by Hotel Management School, Learn Skill Based Courses
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Support, Share and Subscribe to channel - https://www.youtube.com/channel/UCOqzin5jiv05QubIYpc4xwA Smaller hotels run of very tight budget due to limited revenue, making it difficult to hire a professional financial controller/manager. Professional financial controllers helps hotels with • Provides data for decision-making and planning for the future. • Higher visibility for cost-saving and revenue-generating opportunities. • Advice on revenue optimization practices. • Ensure Financial practices are aligned with overall hotel objectives. • Professional support and advice to GMs in managing the property in an efficient and optimal manner. • Provides focus on long-term strategies and asset-efficient utilisations. What we can help. 1. Setup USALI systems of accounting. 2. Establish MIS, financial reporting to help management get the data relevant for making decisions. 3. Setup Internal Control systems - Income Audit / cost control to ensure accuracy and controls 4. Evaluate and assist in preparing. a. annual business plans, b. Capex, c. Zero base budget for manning and operations 5. Monthly Profit & Loss reviews and recommendations 6. Supervise key procurements and tendering for hotels. 7. Outsourced accounting and reporting functions excluding cashier and procurements a. Revenue Accounting b. Expenses accounting c. Payroll Calculations / checking d. P&L preparation e. Balance Sheet Preparation f. Tax Compliances 8. Long term Strategy Development for hotel. 9. Asset Management practices to enhance return on investment into hotel. Why eHMS Gain from experience of seasoned financial controller /Chief Financial officer having over 10 years of experience in hospitality. Team is experienced with managed properties (Shangri-la Hotels) and also independent brand (Htoo Group, myanmar’s largest hotel owners and operators). We have successfully achieved projects in • ERP implementation • Setup of hotel accounts in compliance with USALI • Overseeing Renovations. • Annual budgets preparations. • Strategy development for payroll cost reduction and improving productivity • Quality Assurance • Process Re-structuring Follow our Facebook Page - https://ift.tt/2UgSwuT by Hotel Management School, Learn Skill Based Courses
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In this Guest lecture delivered at ICFAI business school, I discussed #hospitality finance, #innovations in the hospitality #industry in general, and also in hospitality finance. You can get our services about hospitality management, social media management for hotels and restaurants and increase your revenue. Contact us now About eHotel Management School We are committed to provide quality hotel management learning with practical assignments and related industry experience to our students. Transformative education Learning with Hotel Management School (eHMS) will gear you for an exciting career in international hospitality management. You will be taught by leading professionals having extensive practical experience in international hotel management. You will learn at your own individual pace together with your regular Jobs and discuss real issues in discussion groups. The courses are ever evolving and will cover all practical aspects and latest trends. You will also become part of our alumni network, a community of over 3,000 other students that stretches across the globe in over 100 countries. by Hotel Management School, Learn Skill Based Courses
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You can contact us if you need any help in setting up your financial accounting system, financial needs, analysis, outsourced CFO services. Support, Share and Subscribe to channel - https://www.youtube.com/channel/UCOqzin5jiv05Qu by Hotel Management School, Learn Skill Based Courses
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To subscribe complete master class, pls visit https://ift.tt/2Dosod5 Support, Share and Subscribe to channel - https://www.youtube.com/channel/UCOqzin5jiv05QubIYpc4xwA Follow our Facebook Page - https://ift.tt/2UgSwuT About eHotel Management School We are committed to provide quality hotel management learning with practical assignments and related industry experience to our students. Transformative education Learning with Hotel Management School (eHMS) will gear you for an exciting career in international hospitality management. You will be taught by leading professionals having extensive practical experience in international hotel management. You will learn at your own individual pace together with your regular Jobs and discuss real issues in discussion groups. The courses are ever evolving and will cover all practical aspects and latest trends. You will also become part of our alumni network, a community of over 3,000 other students that stretches across the globe in over 100 countries. by Hotel Management School, Learn Skill Based Courses
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Join this #Master class live with us to understand more about #hotel #finance and become an hotel finance #expert. First Week is complimentary for everyone and you can watch pre-recorded videos here - https://ift.tt/2Dosod5 if you wish to join this master class, its not too late. by Hotel Management School, Learn Skill Based Courses
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A typical Journey to become a hotel chief accountant may include Working at Junior levels in the Payables, receivables, General Accounting department of the hotel to understand the hotel operation process. Growth to Supervisor takes about 1-3 years (sometimes many more) depending on hotel training plans, individual interest, and learning abilities. At Supervisory levels, individuals learn to manage small teams, become accountable for tasks of the team, and manage a process. From here individuals may take anywhere between 2-3 years (Sometimes much more) and are required to study to gain knowledge to be able to handle Monthly Financial Statements (as per USALI) Management Payments, receivables, approval processes Create Management Reports Overall leadership for the accounting department, hiring, promotions, team management. Associates have options either to learn from experience and wait until positions become vacant or learn through additional resources such as this master class on becoming a chief accountant and creating opportunities for themselves. Subscribe to this Master Class now and Gain a Chance to Learn from Industry leaders in finance & grow your career. How the master class to become a chief accountant in the hotel will be delivered – Classes will be delivered in Hybrid mode. There will be some pre-recorded videos and Few Live Sessions. Most of the course will be delivered through live interactions and practical examples based on your work experience. – Course will be catered to individual needs and the focus will be emphasized on individual past experience in hotel accounting and learning abilities. – You will need to complete Assigned Pre-recorded videos – Once a week we will have a virtual class via zoom/google meet to discuss live issues and explaining the concepts shared in pre-recorded videos. So you will be able to prepare at your own pace and get interactive learning as well. – Each week you will be given an assignment to complete. – At the end, of course, you will be given a master's assignment, after the successful completion of such an assignment, you will get the certificate of achievement. What we will cover in this Master Class. Fundamentals of Accounting Principals Setting up the Financial System for Hospitality Understanding how different department works and impact financial statements Income Audit Department Cost Control Process Credit and AR department Accounts Payables Fixed Asset Controls Hotel Operations department Monthly Financial Statement closing process Leadership and Soft Managerial skills Required hiring, managing teams, performance evaluation, communications, Decision-Making skills USALI Standards and Reports Management Reports Data Analysis Here is a sample of our recorded course. you can subscribe to this course for checking before committing to this class. learn how to Analyze Hotel Financial Statements to improve profitability in 2021 The trainer for this master class to become chief accountant/accounting manager in the hotel/resort is Mr. Manish Gupta- Click here to check Linked in Profile Energetic and ambitious Chartered Accountant and Result-oriented Hospitality professional, offering +10 years of extensive experience in Finance, Audit, Risk management, and Hotel Operations. I have hands-on experience in Monthly Reporting, Budgeting, forecasts, P&L analysis, and leading projects. I have led ERP implementation for 16 hotels in our Group. Blessed with a positive attitude and Topline growth approach towards business. Improving productivity and cost efficiencies without compromising quality by Hotel Management School, Learn Skill Based Courses
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In this article we will discuss marketing for the hospitality industry in these current crisis scenarios. World is going through so much of crisis ongoing Coronavirus, the political instabilities, low business disruptions in the supply chains, people not willing and able to travel etc. The common question that every hotel manager or every hotel owner would have in their mind is, should we spend on the marketing?. should the hotel spend on marketing? If yes, then the question that comes in the mind is, what to say and how to market how much we should be spending, where to spend the money, how to identify the right channel and audience that we want to do the marketing, how to execute the plan and how to monitor the spend and returns. Support, Share and Subscribe to channel - https://www.youtube.com/channel/UCOqzin5jiv05QubIYpc4xwA Follow our Facebook Page - https://ift.tt/2UgSwuT About eHotel Management School We are committed to provide quality hotel management learning with practical assignments and related industry experience to our students. Transformative education Learning with Hotel Management School (eHMS) will gear you for an exciting career in international hospitality management. You will be taught by leading professionals having extensive practical experience in international hotel management. You will learn at your own individual pace together with your regular Jobs and discuss real issues in discussion groups. The courses are ever evolving and will cover all practical aspects and latest trends. You will also become part of our alumni network, a community of over 3,000 other students that stretches across the globe in over 100 countries. by Hotel Management School, Learn Skill Based Courses
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This will help hotels and professionals to improve in creating brands and build resilience in facing adverse times. If you are a hotel or a non- hotel professional, you can join for your specific career. by Hotel Management School, Learn Skill Based Courses
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Creating engaging content is the key to standing out from your competition. If you wanna improve your content marketing to grow your hospitality business, join this event. Chee-Seng is an professional in creating content that attracts, engages and converts your target audiences. He can help businesses, C-suites and senior government leaders successfully established their authority and thought leadership by: ► creating content and strategies that seamlessly integrate with their goals ► developing insightful thought leadership that establishes trust and reputation ► transforming complex issues into simple, engaging stories that win over audiences. by Hotel Management School, Learn Skill Based Courses
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Live discussion with Anand Mishra of Hospitality Management School https://www.youtube.com/channel/UCBhFppd_yZgXcj6YAT72o4A. In this video, we discussed what are the current trends in service, job, career and technology in the hospitality industry. Watch and subscribe the channel by Hotel Management School, Learn Skill Based Courses
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Join us in this Hospitality Achievers Series we have planned to inspire hospitality professionals with achievers in this space. We will learn from their success stories, failures, and positivity. In this first talk show, we are inviting Mr Ashish Gupta, an IHM Ahmedabad alumni and a seasoned hotelier with over 24 years of experience. Currently Ashish is Chief operating offcer for happy hottlier club, a platform to empower hotelliers. by Hotel Management School, Learn Skill Based Courses
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Is it difficult to find a job during these pandemic??? Just come and visit to our website. You can get opportunities for hospitality jobs around the world. And also you can learn new things & skills needed to get a job specialized in Hotel management. Here is job opportunities link. Just click & grab your chances. https://ift.tt/3aZX56K Support, Share and Subscribe to channel https://www.youtube.com/channel/UCOqzin5jiv05QubIYpc4xwA Follow our Facebook Page https://ift.tt/2UgSwuT Explore our courses https://ift.tt/3lXgYOa Our LinkedIn https://ift.tt/2USy2cv Instagram https://ift.tt/35VPPpt About eHotel Management School We are committed to provide quality hotel management learning with practical assignments and related industry experience to our students. Transformative education Learning with Hotel Management School (eHMS) will gear you for an exciting career in international hospitality management. You will be taught by leading professionals having extensive practical experience in international hotel management. You will learn at your own individual pace together with your regular Jobs and discuss real issues in discussion groups. The courses are ever evolving and will cover all practical aspects and latest trends. You will also become part of our alumni network, a community of over 3,000 other students that stretches across the globe in over 100 countries. About eHotel Management School We are committed to provide quality hotel management learning with practical assignments and related industry experience to our students. Transformative education Learning with Hotel Management School (eHMS) will gear you for an exciting career in international hospitality management. You will be taught by leading professionals having extensive practical experience in international hotel management. You will learn at your own individual pace together with your regular Jobs and discuss real issues in discussion groups. The courses are ever evolving and will cover all practical aspects and latest trends. You will also become part of our alumni network, a community of over 3,000 other students that stretches across the globe in over 100 countries. by Hotel Management School, Learn Skill Based Courses
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Support, Share and Subscribe to channel - https://www.youtube.com/channel/UCOqzin5jiv05QubIYpc4xwA Follow our Facebook Page - https://ift.tt/2UgSwuT #education #finance #coaching #video #youtube #howto #template #financialstatements #oneonone #onlinecontent #hotelmanagement #hotelandresortmanagement #hotelsandmotels #financialplanning #onlinelearning #learningmanagement #learningenvironment #analysis #incomestatement #profitmaximization #profitandlossmanagement #profitabilityimprovement #profitcentermanagement #learningoutcomes #educationalvideo #videocommunication #learningtheory #educationalprograms #learningcenters #revenueanalysis #revenueshare #businessmodels #yotube #revenuemodeling #travelandtourism #onlineeducation #revenueforecasting About eHotel Management School We are committed to provide quality hotel management learning with practical assignments and related industry experience to our students. Transformative education Learning with Hotel Management School (eHMS) will gear you for an exciting career in international hospitality management. You will be taught by leading professionals having extensive practical experience in international hotel management. You will learn at your own individual pace together with your regular Jobs and discuss real issues in discussion groups. The courses are ever evolving and will cover all practical aspects and latest trends. You will also become part of our alumni network, a community of over 3,000 other students that stretches across the globe in over 100 countries. by Hotel Management School, Learn Skill Based Courses
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Support, Share and Subscribe to channel - https://www.youtube.com/channel/UCOqzin5jiv05QubIYpc4xwA Follow our Facebook Page - https://ift.tt/2UgSwuT About eHotel Management School We are committed to provide quality hotel management learning with practical assignments and related industry experience to our students. Transformative education Learning with Hotel Management School (eHMS) will gear you for an exciting career in international hospitality management. You will be taught by leading professionals having extensive practical experience in international hotel management. You will learn at your own individual pace together with your regular Jobs and discuss real issues in discussion groups. The courses are ever evolving and will cover all practical aspects and latest trends. You will also become part of our alumni network, a community of over 3,000 other students that stretches across the globe in over 100 countries. by Hotel Management School, Learn Skill Based Courses
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The Solar System- The Sun, the biggest Star is the entre of the Solar System with all the planets rotating around it. Similarly in the Hospitality Industry- The Hotel Industry is like the Sun, Central to it. All other segments of the hospitality industry revolve around it. Like Travel Agents, Tour Operators, Amusement Parks, Money Changers, Logistics of Travel- flights, trains, ships, buses & taxis. There can be no hospitality Industry without the Hotel Industry. Support, Share and Subscribe to channel - https://www.youtube.com/channel/UCOqzin5jiv05QubIYpc4xwA Follow our Facebook Page - https://ift.tt/2UgSwuT About eHotel Management School We are committed to provide quality hotel management learning with practical assignments and related industry experience to our students. Transformative education Learning with Hotel Management School (eHMS) will gear you for an exciting career in international hospitality management. You will be taught by leading professionals having extensive practical experience in international hotel management. You will learn at your own individual pace together with your regular Jobs and discuss real issues in discussion groups. The courses are ever evolving and will cover all practical aspects and latest trends. You will also become part of our alumni network, a community of over 3,000 other students that stretches across the globe in over 100 countries. by Hotel Management School, Learn Skill Based Courses
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