Hotel Financial Management
Effective financial management is the foundation of business operations and decision-making, and qualified hotel managers must possess financial management knowledge and mindset. Wintour's Hotel Financial Management course is tailor-made for hotel management students and professionals without a financial background. From the perspective of hotel managers, the course focuses on practical work scenarios, using numerous real-world cases and hotel data to explain the basics of hotel financial management, investment and financing, capital management and risk control, cost and expense management, revenue and profit management, tax management, and operational budget preparation and management. The course includes several practical training tasks, and teachers can use project-based teaching methods to help students combine theory with practice, applying their financial management knowledge to interpret and analyze hotel operational data.
Features
- Hotel Manager's Perspective: The course is designed from the perspective of a hotel manager, focusing on the application of financial management in various department work scenarios. This allows students to gain insights into their future work environment and prepare for their career development.
- Real-World Cases and Data: The course incorporates numerous real industry cases and data, enabling students to learn in authentic contexts and acquire practical financial skills.
- Integration of Theory and Practice: A project-based teaching approach is adopted, where students analyze hotel operational data to transform theoretical financial knowledge into practical skills.
- Comprehensive Financial Knowledge and Expanded Horizons: The course covers core financial topics such as basic finance, investment and financing, capital management and risk control, cost and expense, revenue and profit, taxation, and budget preparation and management. Additionally, it incorporates emerging fields like ESG and asset management to broaden students' professional horizons.
Innovations
- Wintour Smart Learning Platform
- Wintour Hotel Financial Management Training System
Practice
- Blended Learning (based on Wintour Smart Learning Platform)
- Project-Based Learning
Recommends
Hotel Financial Management -ISBN 9787302619338(Huazhong University of Science & Technology Press)
- Senior Management Perspective, Insight into the Overall Financial Picture: Co-authored by seasoned financial directors, hotel general managers, and digital experts, this textbook adopts the perspective of senior hotel management to comprehensively analyze the core role of financial management in hotel operations.
- Integration of Chinese and Foreign Experiences, Combining International Vision with Local Insights: The core writing team members have all held senior management positions in both international and domestic renowned hotel brands. They incorporate their rich practical experience into the textbook, helping readers gain both international vision and local insights.
- Combination of Theory and Practice, Enhancing Practical Skills: The textbook not only systematically explains the theoretical knowledge of financial management but also provides multiple practical training tasks, allowing students to master financial skills through practice and enhance their practical abilities.
- Abundant Real Data, Closely Aligned with Industry Practices: The textbook incorporates a wealth of real industry data, and the case studies are closely aligned with actual situations, helping students gain a deep understanding of the current state of the industry and grasp the essence of financial management.