
Learn the mechanics of Excel to analyze 2016 hotel data and use real company data to inform a revenue analysis report that guides decision making.
Organize raw hotel accounting data with filters to reveal revenue by date, focusing on room charge on specific dates and summing dollar amounts in column K.
Learn how to automate revenue calculations with the sumifs function in Excel, using criteria ranges and sum ranges to quickly total by date or category across sheets.
Turn data into information by comparing revenue by day of week using Excel sumifs and conditional formatting, transforming July 2016 hotel data into meaningful trends for decision making.
Use real company data in Excel to assess hotel performance beyond revenue, compare growth with competitors, and measure two customer-focused metrics to drive strategic decisions.
Learn to benchmark hotel performance by building a competitor index in Excel using RevPAR, occupancy, and ADR. Use SUMIFS and date ranges to compare against competitors and gauge share.
Learn to measure hotel occupancy by counting rooms sold with the COUNTIFS formula, using arrival and departure date criteria, and checked out status to compute occupancy.
Use average daily rate (ADR) with AVERAGEIFS to compute ADR from checked-out reservations in given dates, then balance occupancy to optimize RevPAR.
Use Excel to organize a real company's accounting and customer data. Then apply key practices in data analytics to draw insights from the data.
This course is very straightforward and targets people that want to pick up Excel as quickly as possible. Keep in mind that this course may not be for everyone because we move fast. Video tutorials are also done on a Mac, and it may be a little different on a Windows PC.
You are not required to have any prior experience with Excel, but there will be some knowledge gaps if you are 100% unfamiliar with it. In any case, we have structured the course so that you can easily follow along, but we expect students to be resourceful (i.e. Google) to fill in any gaps.
Excel tools you will learn: Pivot Tables, SUMIFS, COUNTIFS, AVERAGEIFS, filtering, conditional formatting, copying formulas, using dollar signs, and more!