To be successful, hotel investors must be able to understand and apply several analytical tools used to evaluate the hotel investments. This course provides delegates with knowledge of how to assess hotel business performance, evaluate investments and estimate the optimal mix of debt-to-equity financing. Delegates will learn how to estimate the return on investment and return on equity for a hotel investment. Debt and equity financing are critical to every business and delegates will learn how to compute the cost of financing for hotel investment using real data. With real-world examples, practical tools and opportunities to practice, the delegates will develop the skills necessary to assess the investment performance and financing strategy. They will also learn forecasting technique to develop a plan and analysis areas in which performance may be improved.
What you’ll learn
- How to analyze and interpret the financial statements to make more informed and better performance assessments
- Appreciate how investment and financing decisions are important for their own department and the organization
- How to enhance their self-confidence in dealing with finance and financial professionals
- Evaluation of alternative financing, optimization of capital structure
- How to liaise effectively with other professionals on financial issues
Requirements
Candidates must;
- Be proficient in English Language
- Have access to either a computer or smartphone with Internet Connectivity.
- Be equipped with quality webcam and headphones
Duration & Fees
- Regular – 8 Weeks – ₦150,000
- Fast-Track – 6 Weeks – ₦225,000
Program Dates
- August – October, 2024
- October – December, 2024
- February – April, 2025
- May – July, 2025
Curriculum
- 5 Sections
- 35 Lessons
- 10
- Module 1: Assessment of Business Performance10
- 1.1What information and data to use for financial statement?
- 1.2The nature of financial statements.
- 1.3The context of financial analysis and decision-making.
- 1.4Ratio analysis and business performance
- 1.5Management’s point of view
- 1.6Owners’ point of view
- 1.7Lenders’ point of view
- 1.8Ratios as a system – pyramids of ratios
- 1.9Integration of financial performance analysis
- 1.10Predicting financial distress
- Module 2: Analysis of Investment Decisions9
- 2.1Applying time-adjusted measures.
- 2.2Net present value (NPV) and internal rate of return (IRR).
- 2.3Strategic perspective.
- 2.4EVA and NPV.
- 2.5Refinements of investment analysis.
- 2.6Equivalent annual cost (EAC).
- 2.7Modified internal rate of return (MIRR).
- 2.8Sensitivity analysis, scenario analysis and simulation
- 2.9Dealing with risk and changing circumstances.
- Module 3: Financing decision3
- Module 4: Cost Analysis Techniques8
- 4.1Cost behaviour and activities
- 4.2Fixed and variable costs, direct and indirect costs
- 4.3Product costs and period costs
- 4.4Cost allocation and absorption of overheads
- 4.5Absorption or full costing
- 4.6Marginal costing
- 4.7Cost-Volume-Profit (CVP) and ‘what-if’ analysis using Excel
- 4.8Activity Based Costing (ABC) and Activity Based Management (ABM)
- Module 5: Budgeting, Budgetary Control and Performance Improvement5