COURSE DESCRIPTION:
Hotel Cost Control is an integral part of managing a hotel. In this course, we will be learning various Cost Control techniques that help hotels manage their food and beverage costs as well as other departmental costs to enhance profit.
Cost Control is a phased process which starts with setting standards, recording and measuring against those standards and recommending corrective actions to adjust costs.
This online program aims to teach learners the fundamentals of all Cost Control techniques with practical examples and control templates.
Key Objectives:
- Purchasing Control
- Budget Control
- Labor Cost Control
- Cost Control Reporting
- Identification of Issues & Variances
Soft Skills:
- Ability to set up a sound Expenses Control System including Labor Costs
- Ability to set up a sound Budget System
- This course is for:
- Hotel Accountants
- Hotel Finance Team Members
- Hotel Financial Controllers
- Hotel Financial Managers
- Hotel F&B Managers
- Hotel Operation Managers
