Students will gain real world experience and real world financial understanding by creating a PowerPoint Project on one of the following topics regarding hospitality financials. A maximum of 50 points can be earned for this project.
Topic Choices: Students may only choose one topic.
- Discuss in detail how hotels can increase profits and decrease expenses without adding any revenue centers.
- Discuss in detail some of the comprehensive financial responsibilities for hospitality managers. They can be managers at the front desk, a restaurant or in the casino (choose only one department to focus your project on). Give examples of how to stay within departmental budgets, how to control for over-time, and unexpected expenses that can come up in the department.
- Develop a financial plan for implementation of new technology for a specific operating department of the hotel.
Sample Solution