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Are you a Front Office Manager, Food & Beverage Manager or Revenue Manager of a hotel?
The Ultimate Guide on Hotel Profit and Loss Statement Basics is the beginner friendly go to learning resource for hotel middle managers and students who wish to thoroughly understand essentials of this important financial statement in non-technical language.
Non-technical language easily understood by new hotel managers, students.
Each concept is related to a fictional Paradise Hotel financial statement.
Guides are focused on quickly building financial skills, knowledge and ability.
The Ultimate Guides distill the most relevant concepts known as learning maps related to evaluating hotel financial performance. They present them in a beginner friendly, example based and action oriented way. At the end of going through the ultimate guides, hotel middle managers and students will feel at home and familiar with the core of hotel financial statement analysis to become successful managers.
Which financial statements to use for what purpose?
What sections of financial statements are relevant?
How to apply learning for sound decisions?
While talking about the Expenses Learning Map, an example from the Paradise Hotel Food & Beverage Department Profit and Loss Statement Expenses are referenced making understanding that much easier.
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I created the Ultimate Guides series to help new hotel middle managers and students easily understand the basics - what I call Learning Maps - of hotel financial performance analysis.
You will find the guides beginner friendly, example based and action oriented.
Good Luck with your learning!
Lakshmi Narasimhan