Financial Statements Interpretation of Hotels and Hospitality
Course Overview
• You will learn basic accounting terms which every non-accounting hotel manager should be able to understand.
• learn details of hotel major expenses. such as labour cost, service charge, other non labour cost.
• key and unique terms used in hotel management such as ADR, Occupancy, Revenue, RevPAR, available rooms. You will also learn how to calculate these terms.
• learn various reports, that we can use to drill down all revenue into more details, to be able to provide explanations for variances from budget and previous Year.
• Learn cost and operation management reports and cost management ideas.
Training Format:In-class, Virtual, In-house
Location:Lagos, Accra, Nairobi, Kigali
Language:English, French
Nigeria Price:
₦300000
Int'l., (Nigeria) Price:
$1000
Ghana Price:
$4000
Kenya Price:
$5500
Rwanda Price:
$6000
Nigeria Price:₦300000
Int'l., (Nigeria) Price:
$1000
Ghana Price:
$4000
Kenya Price:
$4000
Rwanda Price:
$4000
Nigeria Price: ₦300000
Int'l., (Nigeria) Price:
$1000
Ghana Price: $4000
Kenya Price: $4000
Rwanda Price: $4000
Introduction
• Introduction to Hotel Operations,
• Fundamentals of Accounting Concepts,
• What is Allocation of Expenses
• What are Prepayments?
Key Terms in Hospitality
• Rooms Division Key Terms (Occupancy & Related Terms),
• Room Division Key Terms ADR and Related Terms,
• F&B Business (Key Quantity Drivers),
• Food & Beverage Division (Key Revenue Terms),
• Various Revenue Segmentation (Transient Business),
• Hotel Revenue Segmentation (Group Business)
• F&B Revenue Segmentation Fundamentals.
Standard Template and Analysis
• Standard Profit & Loss Templates
• Revenue Reports Analysis Fundamentals,
• Horizontal Analysis in practice through Room Segment Analysis,
• Vertical Analysis Explained via Room Segment Report and
• Combined Analysis Simplified (Market Segment Report).
Revenue Management and Analysis Report
• Guest Nationality Report,
• Booking Lead Period and Booking Pace Concepts,
• Market Benchmark & Competitor Comparison Report,
• Upselling & Upgrades,
• Menu Engineering Report and
• Revenue Analysis Report.
Expenses and Expense Control
• Labour Cost Basic Pay & Wages,
• Labour Cost – Service Charge,
• Labour Cost – Other Components,
• Labour cost Analysis,
• Other Expenses and Control Reports,
• Cost Management
Overall Profit and Loss Analysis
• Profit & Loss Analysis Steps,
• Room Division Profit & Loss,
• F&B Profit & Loss Statement and
• P&L Analysis & Corrective Action Report.
FOR WHOM:
Hotel Managers, Supervisors, Hotel Executives, Chief Accountant, Finance Managers / Asst Finance Managers, Non-Finance background managers.
1ST BATCH: Tuesday, January 13, 2026 — Friday, January 16, 2026.
2ND BATCH: Tuesday, May 5, 2026 — Friday, May 8, 2026.
3RD BATCH: Tuesday, September 1, 2026 — Friday, September 4, 2026.
The training methodology integrates lectures, interactive discussions, collaborative group exercises, and
illustrative examples. Participants will acquire a blend of theoretical insights and hands-on practical
experience, emphasizing the application of learned techniques. This approach ensures that attendees return
to their professional environments equipped with both the competence and self-assurance to effectively
implement the acquired skills in their responsibilities.
