Be a Pro at Mastering Hotel Performance Analysis Without any Financial Background!
WHAT YOU WILL BECOME AFTER Mastering Hotel Performance Analysis!
- Be comfortable with numbers
- Take smart financial decisions
- Achieve Revenue Increases, Expenses Savings and Profit Jumps consistently
- With no financial background! Like that?
MASTERING Hotel Performance Analysis Course
As a hotel operations manager,
- Financial decision making is something you will be doing on a day to day basis
- Many of those decisions will have thousands of dollars at stake.
- Understanding your profit and loss statement thoroughly will be critical.
The Mastering Hotel Performance Analysis Course will guide you to:
- Get on top of key triggers for revenue and expense in your operation
- That will result in you making sound financial decisions consistently
- Which will achieve peak profit
It is your friend, philosopher and guide in your journey to a General Manager position..
Special Bundle offer for a limited time! Enroll NOW and get a 50% discount !
Here’s What You’ll Get When You Sign Up
- You will have immediate access to the entire course.
- However, the best benefit will come when you follow the sequential order in which the lessons are laid out.
- Finish one before being able to move on to the next.
- This will allow you to absorb key concepts, learn financial analysis in earlier modules and then leverage them for taking decisions thereafter.
- This will produce the best results.
Each part (there are 3 parts) of the Mastering Hotel Performance Analysis course will take one month to complete.This is based on a regular but self-paced lesson review by you.
- At the end of each part of the course, you will take a multiple choice final exam and earn a certificate.
- At the end of taking all 3 parts, you will be ready to tackle your hotel financial statements confidently and take powerful financial decisions for best business results.
- You will feel on top of the world, we promise!
Manage the fictional Paradise hotel
Manage Paradise hotel even as you learn. You will be given a hotel to manage with all elements that you confront in real life. It is invaluable practice for you!
Master Key Concepts
Build a strong foundation. Understand key concepts of financial statements. Master pre-requisites of successful financial decision making.
Practice taking decisions
Using our Scenarios tool, practice taking decisions in the operation. Just like you would in your own hotel. Scenarios allow you to make mistakes. You will correct yourself. it is learning without risk!
Deliver results with your decisions
Find out what results your decisions produced. Correct for mistakes. You will learn the powerful skill of linking decisions to busines results.
What past students, now General Managers said about our courses
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.
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
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!
Here is what’s in the full 3 part course
Nine modules that will guide you in mastering Hotel Performance Analysis, supercharge your decisions and prepare you for that General Manager position you aspire to.
1
PART 1: Mastering Hotel Performance Analysis CONCEPTS
Module 1: The Anatomy of a Hotel Profit and Loss Statement
Your Hotel Profit and Loss Statement is your performance analysis and decision hub. This module will teach how to understand different sections of this primary financial statement. You will learn about current month and year-to-date parts of the statement. You will understand how the statement looks at different times of the year - beginning middle and end. You will see how this can later assist in your budgeting and forecasting.
2
Module 2: Understanding and Interpreting Revenue, Expense and Profit sections
In this module you will dive into revenue, expense and profit sections of the statement. If revenue is the top line, profit is the bottom line. And ultimately profit is where the rubber hits the road. This module will teach how you can leverage Key Performance Indicators (KPIs) in your statement. You will learn revenue, expense and profit behavior, triggers for those and more. Everything for you to deliver the highest profit consistently.
3
Module 3: First Look at Key Performance Indicators in a Hotel Profit and Loss Statement
The first two modules set the foundation for your understanding of key concepts in the Hotel Profit and Loss Statement. This module will take you through some specific Key Performance Indicators (KPIs). These will reveal how first revenue is generated, how expenses become the cost of doing business and most important of all how profit behaves. You are now ready to carry out powerful analysis.
4
PART 2: Mastering Hotel Performance Analysis TRIGGERS
Module 4: The 3 Pillars of Hotel Profit and Loss Statement Analysis
Having understood key concepts, you will now identify the 3 pillars of Hotel Profit and Loss Statement Analysis. You will learn about relationships, triggers and cause effect. You will build on your knowledge of concepts to focus on relationships and more importantly triggers in performance analysis toward the ultimate goal of taking powerful financial decisions.
5
Module 5: Analyzing Revenue, Expense and Profit Triggers in a Hotel Profit and Loss Statement
Having understood relationships in the Hotel Profit and Loss Statement in the previous module, you are now ready to take on triggers - KeyPerformance Indicators which cause business results to happen. You will analyze the role of revenue, expense as well profit triggers toward financial decisions.
6
Module 6: Key Performance Indicator Triggers in a Hotel Profit and Loss Statement You must understand and interpret
In the first two modules of Part 2, you laid the foundation for knowing what triggers are and how they can be leveraged. In this module, you will dive into specific Key Performance Indicators in a Hotel Profit and Loss Statement. You will learn to identify triggers for each department of the Hotel. You are setting the stage for powerful decision making.
7
PART 3: Mastering Hotel Performance Analysis DECISION MAKING
Module 7: How to Take Financial Decisions based on analysis using Cause Effect
Armed with concepts in Part i, triggers in Part 2, you are now ready to apply that understanding to what hotel operations managers do every day - take financial decisions. In the module, you will come face to face with the cause effect principle. You will use this principle to take financial decisions involving assets, investment and expenses.
8
Module 8: How to Relate Decisions taken / to be taken to the operation and results
One of the key parts of decision making is to learn how to relate it not only to the operation but also business results. In this module, you will learn the critical skill of linking decisions taken to results achieved. All the learning in Part 1 on concepts and Part 2 on triggers will now be used to not just take decisions but ensuring they produce business results.
9
Module 9: How to Course Correct on Decisions that do not work and WHY
You used your concepts and triggers to take financial decisions. This should at most times influence your Hotel Profit and Loss Statement positively. However, there will be times when your decisions might not work. How do you know where to look? In this module, you will master the secret of identifying first and then adjusting action to improve business results.
Bonus
Wait, Surprise, it’s time to introduce your Bonuses!
Over and above discovering powerful secrets of the Mastering Hotel Performance Analysis Courses, here are some additional, exclusive value addition Bonuses just for you!
Break Even Analysis - (KPI) Workbook
You will get a workbook which will allow determination of Break Even Point for a hotel at a certain occupancy or revenue leve. Managers must know at what point a hotel breaks even.
This exclusive workbook will help you calculate a powerful KPI for a hotel. It will give you a head start over your peers like no other. Owners require General Managers to know about Break Even (it is future proofing you!)
Lifetime Access: Retake Course, Download Lesson PDF
You will get Lifetime Access to your course allowing you to take it multiple times. You will also be able to download all your lesson PDFs for annotating and using.
Lifetime access is not given for most online courses. But we want you to have it. Not just that with downloadable lesson PDFs, you will be able to have all the information for quick access.
1 on 1 Coaching for 45 mins (Members Area )
You get exclusive 1 on 1 Coaching by me for 45 minutes which is a benefit reserved for Members only!
1 on 1 Coachng allows you to address all your questions directly to me and get insights into how to strategize and get the best out of the course. I will share with you my personal exdperiences whcih you can immediately apply to your situation.
About Your Course Mentor,
(Lakshmi Narasimhan Soundararajan)
Hi there
After 25 years in the hospitality industry working with hotel operations managers with no financial background like yourself, I have first hand understanding of the fear of numbers. But we have got you covered. I am proud of creating the Mastering Hotel Performance Analysis courses.
These online courses are exclusively written for managers with no financial background. It will guide you in mastering hotel performance analysis through the Profit and Loss Statement so that you use that knowledge to take sound financial decisions that produce peak profit for your hotel consistently. You are on the way to that General Manager position you aspire to.
You will be the envy of peers and bosses, I promise!
What past students who became General Managers said about the course instructor
Nick Smith
GM Jingan ShangriLa
Nara takes the complexity and confusion commonly associated with finance jargon and replaces it with clear thinking
Nara taNara takes the complexity and confusion commonly associated with finance jargon and replaces it with clear thinking. The interactive and involved thinking challenges the mind.
His courses allow you to understand the financial concepts simply, show you how you can apply them in the workplace and even in your daily transactions. They are courses you want to take back to the operation.
The entertainment factor of what you first cast as a "boring" topic leads to enhanced learning for all the team. Nara's interpersonal skills are great and you never feel like you are being "told" it more a sharing exercise. Thank you
Yu Lik Ng
Productivity Center
Nara brings financial concepts to life in a jargon-free way that engages your thinking process
Nara's passion for sharing knowledge and experience shines through and is absolutely infectious.
He brings financial concepts to life in a jargon-free way that engages your thinking process to realise that finance is a critical means to informed decision making, but not an end in and of itself.
Nara is first and foremost an inspirational teacher, and then a finance professional.
I absolutely recommend Nara's training courses (including finance-trained persons), and in fact look forward to more opportunities to learn from him!
Nick Flynn
RM Rasa Sayang
As a presenter Nara has an incredible way of making Finance very interesting and engaging.
I recently had the fortune of attending a Optimizing Hotel Profits Course by Shangri-La hosted by Mr Narasimhan.
As a presenter he has an incredible way of making Finance very interesting and engaging. He made it very easy to understand and relate directly back to our workplace situations which made it a lot more effective post training.It has allowed me to be a lot more strategic and focus on serious big picture areas which you where generally not aware of.
Thanks again Nara and I look forward to keeping you posted on the success of your course
Why Mastering Hotel Performance Analysis Course will realize your General Manager dreams!
You are a smart, committed individual who does not rest content where you are.
You aspire for a General Manager position to begin with. But that will mean upgrading your skillsets to be ready for that position. Being finance savvy is a minimum requirement for a general manager position which is at unit head level.
Current courses in the market are not written specifically for hotel operations managers like yourself. They are complex and full of jargon. Moreover they never teach you how to use the knowledge to take financial decisions that produce business results consistently. Our course does that in a simple, non-technical way and more...
At a fraction of the cost of acquiring a formal degree or diploma in hotel finance which could be anything upwards of $20,000 and which would take at least a year to complete, you will arm yourself with a skillset in just three months (full course) which will prepare you for that coveted General Manager position. Don't you owe it to yourself?
MASTERING Hotel pERFORMANCE analysis COURSE - part 1 concepts
Key Performance Indicators you must know for understanding your Hotel Profit and Loss Statement
FULL PRICE
$
199
NOW 50% OFF
$
99
MASTERING HOTEL PERFORMANCE ANALYSIS COURSE - PART 2 TRIGGERS
How to carry out effective analysis of your Hotel Profit and Loss Statement for successful decision making
FULL PRICE
$
259
NOW 50% OFF
$
129
MASTERING HOTEL PERFORMANCE ANALYSIS COURSE - PART 3 DECISION MAKING
How to leverage analysis for financial decisions that produce business results
FULL PRICE
$
299
NOW 50% OFF
$
149
100% Money Back Satisfaction Guarantee for 30-Days
Our courses are backed by a 100% Satisfaction Guarantee for 30 days from date of enrollment.
You take absolutely no risk in enrolling for our course.
If for any reason you are not satisfied with the course, within 30 days you can request a refund with no questions asked.
We are confident that this siutation will never happen and you will love the course and its value in upgrading your skillsets.
What past students, now General Managers said about our courses
Allwyn Drego
Hotelier
Narasi uses a very unique and captive approach to teaching this rather touchy subject
I had the privilege of being financially enlightened by Mr Narasimhan ( Narasi )over a intensive two day workshop.
Having attended numerous sessions on finance over the last few years, I must say that Narasi uses a very unique and captive approach to teaching this rather touchy subject. The content covered and taught was packaged very well and above all, his sessions were interactive and he held the entire class of over 15 of us engaged at all times.
I found his approach, content and presentation of the subject wonderfully packaged that it will dispel all the hidden fears one tends to hear about finance.
His ability to hold the entire class engaged at all times speaks volumes of his ability to strike the right chord with his class. I can safely state that we returned from his training enriched, with a feeling of self belief and confidence
Joost Folkers
GM Shangri-La
By far one of the best, useful, knowledge-enhancing trainings I have experienced
The training was by far one of the best, useful, knowledge-enhancing and definitely entertaining I have experienced in my educational timeline and career.
I am actually going to use just a few of his slides to show some of my direct reports what could be useful for their understanding.
Nevertheless, getting a personal insight from the Nara the Numbersman himself is soooo worth to enhance your skill-set in finance for hotel or any operation, and get free good ol' entertainment to get everyone involved with awesome results.
D Salzseidar
Hotelier
The most inspiring finance course I have attended.
I have just finished a 2 days course with Nara in Hong Kong. His course was the most inspiring Finance Course I have attended in years. I got a perfect insight what is expected from me when I will walk into the boardroom to meet my current and future Hotel Owners!!!
Frequently Asked Questions
This course is exclusively written for hotel operations managers. For example Director of Rooms, Front Office Manager, Housekeeping Manager, Director of Food & Beverage, Executive Chef, Director of Sales & Marketing, Revenue Manager etc.
It does not require any kind of financial or accounting background.
It is simple, jargon free and easy to understand.
As long as you do a lesson review on a weekly basis and on a self paced approach, you will most definitely complete the course in three months.
If you are not able to do so ( and we will be monitoring regularly and giving feedback on your progress!), we will work with you to complete it.
You can of course reach out to me at (narasimhan@ignite-insight.biz) anytime on any specific difficulties you face in course progress.
Yes, you will need some hotel operation working experience to understand terms used. Having said that, the philosophy of the course is to keep concepts simple.
Students who are studying for a hospitality degree or diploma and have undergone even brief internship or traineeship in a hotel are eligible.
The Final Exam for the 3 Part Course is a Multiple Choice of 50 questions based on the nine modules. The duration given to you is 90 minutes.
You should be able to complete it in less than 60 minutes if you have reviewed the lessons in the six modules and taken the Quiz that follows each section in a module.
The Bundle includes all 3 courses on concepts, triggers and decision making. It builds specific, strategic skills for a future general manager position or above.
Strategic skills involve an expert level knowledge of the Hotel Profit and Loss Statement for taking powerful financial decisions that will produce consistent business results.
MASTERING Hotel pERFORMANCE analysis COURSE - part 1 concepts
Key Performance Indicators you must know for understanding your Hotel Profit and Loss Statement
FULL PRICE
$
199
NOW 50% OFF
$
99
MASTERING HOTEL PERFORMANCE ANALYSIS COURSE - PART 2 TRIGGERS
How to carry out effective analysis of your Hotel Profit and Loss Statement for successful decision making
FULL PRICE
$
259
NOW 50% OFF
$
129
MASTERING HOTEL PERFORMANCE ANALYSIS COURSE - PART 3 DECISION MAKING
How to leverage analysis for financial decisions that produce business results
FULL PRICE
$
299
NOW 50% OFF
$
149
My Personal Commitment
Hi there
I hope you are satisfied about the incredible value of the Mastering Hotel Performance Analysis Course.
I have poured my heart and soul into this project. I wrote this course exclusively to supercharge the skillsets of hotel operations managers worldwide and prepare them for general manager positions.
See you on the other side after enrollment.
E-Mail me at narasimhan@ignite-insight.biz for any clarifications.
To your continuous success!
