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Ultimate Guides Series

Ultimate Guides from Financial Skills Academy are beginner friendly go to learning resource for hotel middle managers wishing to grow financial skills, knowledge and ability for a successful career in the hospitality industry.

Ultimate Guide on Hotel Balance Sheet Basics

Budgeting and Forecasting for Hotels – Ultimate Guide

Ultimate Guide on Hotel Financial Ratios – Financial Health

Ultimate Hotel Finance Training Cookbook

Ultimate Guide on Hotel Profit and Loss Basics

Profits Masterclass Youtube Channel

Ultimate Guide on Hotel Budgeting and Forecasting - Market Share Mistakes to Avoid unlocks three simple secrets to budgeting that hotel managers often do not follow in the process of budgeting or forecasting. It reveals a strategy even greater than market share itself that defines how a hotel can compare to its direct competitors. Unfortunately, these are also simple truths that most hotel managers overlook. My name is Lakshmi Narasimhan Soundararajan. I invested 26 years in the hotel industry as a finance professional. For the past 11 years, I have been teaching as an Adjunct Assistant Professor at New York University, School of Professional Studies. I have committed my life to simplifying financial concepts, making hotel middle and senior managers understand financial statements. I am an avid blogger and publish a blog post every week on Friday. Visit: https://profitsmasterclassblog.com/ for more details. I publish a video on this channel every Saturday. Profits Masterclass is the Youtube channel home for the ultimate learning hub for hotel finance training. The channel helps You as Managers to Learn to Read Hotel Financial Statements Easily, in Simple, Jargon Free, Actionable Steps. Reach me at lakshminarasimhan3011@gmail.com to request any hotel financial statement related topic you would like me to make a video on. To your success! The Financial Skills Academy channel is the ultimate learning hub for hotel finance training. It will feature simple, powerful tutorials and How to videos in helping build financial skills, knowledge and ability in hotel managers and students. The content is delivered in a non-technical, jargon free manner for easy understanding. Visit https://profitsmasterclassblog.com/for more details.
Ultimate Guide on Hotel Budgeting and Forecasting - Market Share Mistakes to Avoid
Ultimate Guide on Hotel Budgeting and Forecasting - Revenue Vs Yield reveals five often overlooked secrets to budgeting that hotel managers completely misunderstand in the process of budgeting or forecasting. They end up leaving money on the table misunderstanding revenue for yield. My name is Lakshmi Narasimhan Soundararajan. I invested 26 years in the hotel industry as a finance professional. For the past 11 years, I have been teaching as an Adjunct Assistant Professor at New York University, School of Professional Studies. I have committed my life to simplifying financial concepts, making hotel middle and senior managers understand financial statements. I am an avid blogger and publish a blog post every week on Friday. Visit: https://profitsmasterclassblog.com/ for more details. I publish a video on this channel every Saturday. Profits Masterclass is the Youtube channel home for the ultimate learning hub for hotel finance training. The channel helps You as Managers to Learn to Read Hotel Financial Statements Easily, in Simple, Jargon Free, Actionable Steps. Reach me at lakshminarasimhan3011@gmail.com to request any hotel financial statement related topic you would like me to make a video on. To your success! The Financial Skills Academy channel is the ultimate learning hub for hotel finance training. It will feature simple, powerful tutorials and How to videos in helping build financial skills, knowledge and ability in hotel managers and students. The content is delivered in a non-technical, jargon free manner for easy understanding. Visit https://profitsmasterclassblog.com/for more details.
Ultimate Guide on Hotel Budgeting and Forecasting - Revenue Vs Yield
Ultimate Guide on Hotel Budgeting and Forecasting - 3 Secrets to Highest Room Revenue reveals three simple secrets to budgeting that hotel managers often do not follow in the process of budgeting or forecasting. My name is Lakshmi Narasimhan Soundararajan. I invested 26 years in the hotel industry as a finance professional. For the past 11 years, I have been teaching as an Adjunct Assistant Professor at New York University, School of Professional Studies. I have committed my life to simplifying financial concepts, making hotel middle and senior managers understand financial statements. I am an avid blogger and publish a blog post every week on Friday. Visit: https://profitsmasterclassblog.com/ for more details. I publish a video on this channel every Saturday. Profits Masterclass is the Youtube channel home for the ultimate learning hub for hotel finance training. The channel helps You as Managers to Learn to Read Hotel Financial Statements Easily, in Simple, Jargon Free, Actionable Steps. Reach me at lakshminarasimhan3011@gmail.com to request any hotel financial statement related topic you would like me to make a video on. To your success! The Financial Skills Academy channel is the ultimate learning hub for hotel finance training. It will feature simple, powerful tutorials and How to videos in helping build financial skills, knowledge and ability in hotel managers and students. The content is delivered in a non-technical, jargon free manner for easy understanding. Visit https://profitsmasterclassblog.com/for more details.
Ultimate Guide on Hotel Budgeting and Forecasting - 3 Secrets to Highest Room Revenue
How to Make Hotel Room Revenue Top Source of Profitability is about the building blocks of hotel room revenue management. This video shows the importance of market segments, hotel occupancy rate, average daily rate in not just the revenue generation process but profitability as well, role of RevPAR in hotel room revenue, where to find room revenue in the hotel financial statements and more. Watch this video to learn about market segments: https://youtu.be/1549MfFoxtE?si=ojhbYuNHyBHsq3ik This is part of the Hotel Revenue Management for Beginners Series. The Financial Skills Academy channel is the ultimate learning hub for hotel finance training. It will feature simple, powerful tutorials and How to videos in helping build financial skills, knowledge and ability in hotel managers and students. The content is delivered in a non-technical, jargon free manner for easy understanding. Visit https://profitsmasterclassblog.com/for more details.
How to Make Hotel Room Revenue Top Source of Profitability
How Market Segments Build Hotel Revenue as well as Profitability is about the building blocks of hotel revenue management. This video shows the importance of market segments in not just the revenue generation process but profitability as well, types of market segments, where to find market segments in the hotel financial statements, levels of market segmentation and more. Watch this video to learn about hotel room revenue: https://youtu.be/bRTq5UX6ou4?si=jb3YZj6wCKyxxo7c This is part of the Hotel Revenue Management for Beginners Series. The Financial Skills Academy channel is the ultimate learning hub for hotel finance training. It will feature simple, powerful tutorials and How to videos in helping build financial skills, knowledge and ability in hotel managers and students. The content is delivered in a non-technical, jargon free manner for easy understanding. Visit https://profitsmasterclassblog.com/for more details.
How Market Segments Build Hotel Revenue as well as Profitability
Know How Hotel RevPAR can Skyrocket Bottom Line? is about the KPI that can be considered the Power + Distance combination of a archer which leads to higher revenue and profitability for a hotel. This video shows the importance of the RevPAR or Revenue per Available Room in not just the revenue generation process but profitability as well, how to calculate hotel RevPAR, where to find the KPI in the hotel financial statements, role of market segments and more. Watch this video to learn about average daily rate: https://youtu.be/Y1XHtcs3I8c?si=LpQvYT3ihU60E0bs This is part of the Hotel Revenue Management for Beginners Series. The Financial Skills Academy channel is the ultimate learning hub for hotel finance training. It will feature simple, powerful tutorials and How to videos in helping build financial skills, knowledge and ability in hotel managers and students. The content is delivered in a non-technical, jargon free manner for easy understanding. Visit https://profitsmasterclassblog.com/for more details.
Know How Hotel RevPAR can Skyrocket Bottom Line?
Average Daily Rate is about the KPI that can be considered the ticket to higher profitability for a hotel. This video shows the importance of the average daily rate in not just the revenue generation process but profitability as well, how to calculate hotel average daily rate, where to find the KPI in the hotel financial statements, role of market segments and more. This is part of the Hotel Revenue Management for Beginners Series. The Financial Skills Academy channel is the ultimate learning hub for hotel finance training. It will feature simple, powerful tutorials and How to videos in helping build financial skills, knowledge and ability in hotel managers and students. The content is delivered in a non-technical, jargon free manner for easy understanding. Visit https://profitsmasterclassblog.com/for more details.
Average Daily Rate - Hotel Revenue Management for Beginners
Hotel Occupancy Rate is about the KPI that can be considered the valve of the revenue oxygen tank of a hotel. This video shows the importance of the hotel occupancy rate in the revenue generation process, how to calculate hotel occupancy rate, where to find the KPI in the hotel financial statements, difference between paid and total occupancy rate and more. This is part of the Hotel Revenue Management for Beginners Series. The Financial Skills Academy channel is the ultimate learning hub for hotel finance training. It will feature simple, powerful tutorials and How to videos in helping build financial skills, knowledge and ability in hotel managers and students. The content is delivered in a non-technical, jargon free manner for easy understanding. Visit https://profitsmasterclassblog.com/for more details.
Hotel Occupancy Rate - Hotel Revenue Management for Beginners.
Financial Skills Academy Membership - Your Professional Success Partner is your ticket to the Ultimate Learning Hub for Hotel Finance Training. Become a Successful Professional in problem solving guest needs, managing employees, taking financial and other decisions. Join an exclusive community of like minded hotel professionals. #short The Financial Skills Academy channel is the ultimate learning hub for hotel finance training. It will feature simple, powerful tutorials and How to videos in helping build financial skills, knowledge and ability in hotel managers and students. The content is delivered in a non-technical, jargon free manner for easy understanding. Visit https://profitsmasterclassblog.com/for more details.
Financial Skills Academy Membership - Your Professional Success Partner#short
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Learn Hotel Revenue Management Easily

Revenue Management is among the highest priorities of a hotel middle manager. The two important concepts to understand are Market Share and Yield. How well do you know them?

Know Your Hotel Metrics

  • Is Your Hotel RevPAR showing growth? 
  • What is Year on Year growth rate? 
  • Which are Your Top 3 Market Segments contributing to revenue?

Watch  Performance Indicators

  • Which KPI is showing highest growth?
  • Which KPI is falling behind consistently?
  • Are you correcting the shortfalls early?

See Hotel Revenue Big Picture

  • Do you know your most profitable market segments?
  • Where are you losing most profit? 
  • Do you have a strategy for preventing losses? 
Learn More on Hotel Revenue Management Basics

Understand Hotel Asset Management Basics!

Asset Management is at the heart of a hotel's return on investment strategies. Harness these techniques to take your asset management strategies to the next level!

Asset Acquisition

Does your hotel have a focused asset acquisition strategy for optimum revenue generation? 

Asset Utilization

Are you utilizing your assets effectively to their maximum profit potential?

Asset Performance

Are you measuring your asset performance to maximize owner investment?

Learn More on Hotel Asset Management Basics

Latest Blog Posts

Current Assets-Are you optimizing them in your Hotel Balance Sheet?

Ultimate Guide on Hotel Balance Sheet Basics

Ultimate Guide on Hotel Financial Terms for Beginners

Our Story

Lakshmi Narasimhan Soundararajan

Lakshmi Narasimhan Soundararajan

Right from the time he was in school, Lakshmi had a head for numbers. In fact, he says, numbers talk to him and tell him stories. At the same time, as he fashioned his career in the hospitality industry, he worked closely with colleagues who did not have a financial background. He saw them struggle with numbers and fear them.

Lakshmi made up his mind there and then to commit his career to simplifying hotel financial courses for the benefit of his non-financial background colleagues. He founded Profits Masterclass first and then Financial Skills Academy with the philosophy of assisting managers to Build Financial Skills, Knowledge and Ability in themselves. 

His vision is for Financial Skills Academy to be the Ultimate Learning Hub for Hotel Finance Training.

Lakshmi 's all time favorite historical figure is Leonard Da Vinci and in particular Da Vinci's love for simplicity. When founding Financial Skills Academy, Lakshmi based the value proposition for his hotel finance courses on three foundational principles: SIMPLE. NON-TECHNICAL. USABLE.

Your Professional Success Partner

Forget learning from just online hotel financial courses.

Financial Skills Academy develops professional, financial skills in you to snag promotions.

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Praise and Testimonials

What past students, now General Managers said about our courses

Jan Kaiser GM

Jan Kaiser

Opening GM InterCon

Have never met a person who could make a Finance course so interesting

Very professional individual with tons of experience.


A man who has experienced it all himself and thus knows exactly what he is talking about and can relate to his students.


Have never met a person who could make a Finance course so interesting . Love his Humor too. Wonderful man.

Gabriel Lombardo GM

G Lombardo

GM Shangri-La

Nara's vicarious method greatly contributed to a very effective learning experience.

I had the great opportunity to attend a 2 day "Financial tool kit" workshop presented by Narasimhan (Nara for the friends), and I must say they were 2 days of real enjoyment.


Nara's vicarious method greatly contributed to a very effective learning experience. By applying the "show and tell" principle, apparently complex financial subjects were much easier to assimilate.


The thoughtful usage of visuals and colours throughout the overall presentations, represented a powerful method to facilitate the educational process. In a nutshell,

Milos Cerovic

Milos Cerovic

GM InterCon

Great course for those who are developing to become GMs and GMs with a non-finance background. 

I took Nara's finance course in November 2014. After the two day session, I managed to not only refresh my knowledge but further build upon it to a great extent.


Nara is entertaining yet bold and always to the point. His approach to teaching this course is very simple: "remove the non-sense from the curriculum and cover the important stuff".


Great course for those who are developing to become GMs and GMs with a non-finance background. Thank you Nara!

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FREE 7 Step Visual Guide - How Profit Builds Up Asset & Owner Equity

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