Want to Read Financial Statements Easily?
Financial Skills Academy has got your covered if you are intimidated by numbers! Do you think hotel financial statements are difficult to understand. You can overcome both fears. Take action now and Click below.
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.
Profits Masterclass Youtube Channel
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?
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?
Latest Blog Posts
Our Story
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.
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Praise and Testimonials
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!
