Hotel Budgeting and Forecasting

This course will equip you with the latest techniques in competitive benchmarking and industry performance monitoring, enabling you to predict and analyze your hospitality business's performance effectively.

Next Date

12 February 2024


7 October 2024

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Certificate of Completion
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5 weeks / 8 hours per week
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CHF 2,200

Hotel Budgeting and Forecasting

Hotel Budgeting and Forecasting will improve your ability to predict the performance of your hospitality business using the latest techniques in competitive benchmarking and industry performance monitoring. During the next four weeks, you will deep-dive into hotel competitive performance analysis, budgeting and business planning processes. You will learn to analyse performance using industry benchmarking tools, practice planning, budgeting and forecasting processes, and use these tools to estimate future performance and monitor variances between actual outcomes and projected ones. On completion of this course, you will be able to estimate and analyze hotel performance using hospitality industry analytics in order to make management decisions.

Course advantages

  • Learning facilitators available for participant support
  • 100% online, self-paced, accessible whenever and wherever
  • Certificate of Completion delivered by EHL Hospitality Business School
  • Course content from EHL's MBA in Hospitality program

Course highlights

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36 Lecture Videos
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1 Interactive Exercises
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21 Reading and Case Studies

Learning Journey

5 weeks online courses

Organizational tensions & strategy implementation
Balancing organizational tensions
4Ps of strategy implementation
Organizing and using information for performance measurement and control
The planning and control cycle
Introduction to strategic planning

Operations budgeting
Budget preparation process
Budget Preparation – expenses
Budget Preparation – profit estimation, assets plan and sensitivity analyses
Budgetary control - variance analysis

Forecasting & Capital Budgeting
Categories of assets and decision rights
Capital rationing 1

Cash management & Performance Measurement
Performance measurement and evaluation
Combination of financial and nonfinancial measures
The landscape monitoring as control system for external strategic uncertainties

The final assessment evaluates the content learned in the previous four weeks. The assessment can range from multiple choice quizzes (MCQ) to more open response evaluations, like a case study.

Is this course right for me?

A Program Advisor will get back to you with feedback or suggestions.

Who should apply?

This course is designed for hospitality business leaders who plan to manage an organization in highly competitive markets.

Admission Criteria

There are no admission requirements to enroll to this course.

Admission Process

To enroll, choose the desired intake and fill in your personal details. You will receive an email with the payment link. You are accepted in the course only upon receipt of payment.


We must receive payment at least five days before the start of the course. Late enrollments can be accepted on a case-by-case basis.

Apply Online

Choose your intake :

12 February 2024


7 October 2024



CHF 2,200


Most asked question

Payment methods

You will be able to pay through the payment platform Flywire which provides various payment methods, no hidden bank fees and offers favorable exchange rates. The link to the payment platform will be provided after the enrollment form.

Course structure

The course is available for self-study over a 5-week period.

Each course is composed of recorded videos, interactive exercises, industry insights, and readings. The course is delivered fully online, allowing participants to study when they want.

Course content

The course is composed of recorded videos, interactive exercises, case studies and executive interviews. 
The content is based on the modules delivered in EHL’s MBA in Hospitality program.

Final assessment

At the end of the 5-week course, participants are required to take a final assessment. Upon successfully passing the assessment, participants get a certificate of completion from EHL.

Depending on the course, the assessment may range from multiple choice quizzes (MCQ), where only one answer is correct, to more open response evaluations, like a case study.

To successfully pass the assessment, participants must get a minimum of 60% of the total points available. You can either PASS or FAIL a certificate, no numerical grades will be officially reflected in the certificate.


Retakes are not available at the end of a program if you fail the final assessment. If you wish to retake the final assessment, you need to re-enroll for the next available session.

Connecting to the platform

A couple of days before the start of the course, participant will receive their credentials by email and will be required to first change their password before being able to joining our learning platform Moodle.

Certificate of completion

The certificate of completion is delivered by EHL upon successfully passing the final assessment. The certificate of completion is delivered electronically (secured pdf) with a unique ID associated to the participant.
If the final assessment is failed, no certificate or document are delivered.

AEHL member discount

AEHL members are entitled to the alumni discount. To benefit from the discount, participants must enter their AEHL number in the discount field in the enrollment form. For full details about, please check the EHL Alumni Connect platform.