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Hospitality and Tourism Professionals Development Program

This course will provide an application of financial and managerial concepts useful in analyzing hospitality operations. The course will provide a background in financial accounting and financial statement analysis, and use tools to analyze cash ows, results of opera ons, and nancial posi on. Managerial accoun ng tools will also be explained, examined, and applied as they relate to the decision-making process within the organiza on. Emphasis will be on communica ng and interpre ng revenue and cost data from a manager and head of departments perspec ve. Common terminology used by owners and operators will be de ned and incorporated in an opera onal analysis. The course format involves lectures, case studies, and problem sets.

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