HOSPA scholarship

Announcing the HOSPA Scholarship Scheme

During these extremely challenging times for the hospitality industry, the team at HOSPA are very much aware that maintaining investment in our own professional development is difficult, particularly in the current economic environment.

Equally it is important to maintain The course content is based on best HOSPA Revenue and develop professional knowledge to meet the current practice in the sector and follows the guidance and recommendations of the Management Programmes commercial challenges and Uniform System of Accounts for the This suite of courses provide more than to remain agile in the workplace whilst Lodging Industry (2014 edition). The course training in Revenue Management - we ensuring future career needs are being met. offers three levels of study and successful provide the opportunity to learn about

At HOSPA we are very grateful to the completion of all three levels leads to the different approaches to a particular Savoy Educational Trust for their continuous Certified Associate Membership of HOSPA technique and, with your tutors expert commitment to careers and professional enabling members to use AHOSPA Cert help, develop your skills to assess what development in the commercial roles within (FM) in their business correspondence. techniques will suit your organisation. the sector. With their support we are This award confirms that the member now able to offer a number of subsidised has the skills and knowledge to manage a • Provides the practical knowledge and places on our online courses in Revenue hospitality finance department. What will understanding required to manage the Management and in Financial Management you study? Revenue Management function in a hotel commencing in March 2021. The scholarship The course is studied in 3 levels; each of or hospitality business funding is open to all those based in the which takes 5 months to complete. • All levels are available from Introductory United Kingdom who are working in the through to Strategic hospitality sector and who can demonstrate • Level 1: Introduction to Financial • The course tutors are revenue the commitment to developing their careers Management management experts and are there to in these disciplines. • Level 2: Operational Management help you get the most from the course

Funding is available for up to 50% of the Accounting • Leads to HOSPA Associate (Cert course fees with the learner or sponsoring • Level 3: Strategic Management Revenue Management) membership of company committing to funding the Accounting HOSPA on completion of all modules remaining 50% which can be paid in three • Student members have all the benefits of equal instalments. To apply for the funding “The third level of the HOSPA course full HOSPA membership including access please complete the application form at included several aspects that I have had to online journals (including the Journal www.hospa.org little exposure of to date in my role. As a of Revenue and Pricing Managment),

The application process closes on the result, I felt this really assisted in developing members meetings and communities 11th January and all applicants will be my base knowledge as well as being able notified by the 29th January in readiness to use this theory in the workplace. It has “The HOSPA course allowed me to for enrolment on to the courses at the start led to me requesting additional exposure to gain additional knowledge about Total of March. forecasting and budgeting as well as being Revenue Management, while using different

Funding is available for all three levels part of the substantial ROI calculations assignments to apply theoretical knowledge of both the Revenue Management and for some large CAPEX projects that are to my current set of properties. It also Financial Management Programmes with ongoing at the property. provided access to an impressive set of each level costing in total £820 + VAT. Being able to support the theoretical learning resources.” text with case studies focusing on industry Antonio Sans, Revenue Manager with HOSPA Financial specific examples have really helped to STAY Properties Management Programmes benefit me and allowed the application of For more information about the HOSPA the theory to be more easily understood.” professional education programmes This programme provides the first step to Simon Leech, Assistant Financial available please visit https://www.hospa. pursuing a career in business and finance Controller at the Sheraton Grand Hotel and org/finance-revenue-programmes or email in the hospitality sector. Spa in Edinburgh us on education@hospa.org