Cost accounting for the hospitality industry
Hotel management and operational expense accounting
3.75 (4 reviews)
45
students
6.5 hours
content
Jan 2024
last update
$44.99
regular price
What you will learn
The profit- and loss statement
Understanding the cost- and profit centers
How to define cost centers, profit centers and service centers
How different types of expenses work within a hotel
How to calculate the profitability of departments
How to calculate the profitability of services and products
How to allocate overhead expenses
How to allocate operational expenses
How to use market segments for profitability
Setting up a profit- and loss statement per market segment
Setting up a profit- and loss statement per department
How to calculate room rates for a new hotel project
Screenshots
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udemy ID
7/12/2023
course created date
7/21/2023
course indexed date
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