• HOSPA

HOSPA secures Savoy Educational Trust grant for new course development

HOSPA is delighted to announce that it has successfully secured a grant from the Savoy Educational Trust, with additional investment from HOSPA, to develop a course for the sector in Asset Management.




The course, which will be delivered online in partnership with HOSPA’s professional development partner arena4finance, will provide an opportunity for all those working in the hospitality and related sectors seeking to develop their knowledge in an increasingly important area.


The course content will be designed to enable learners to develop outstanding analytical, numerical and interpretation skills. Participants will engage with theory, examples and case studies to develop their knowledge of the sector and to be able to interpret complex financial information based on hotel financial statements and data as well as to understand the underlying principles of operating structures.


Commenting on the Savoy Educational Trust award, HOSPA Head of Professional Development Debra Adams said:


“We are greatly indebted to the Savoy Educational Trust for their generosity in supporting HOSPA over the years enabling us to continue to offer leading edge resources and professional development activities. This latest addition to our course offerings, which currently include hospitality finance and accounting and more recently revenue management, ensures that HOSPA maintains its position as the leading Association for all those pursing careers in the commercial support functions in the hospitality industry.”

 

David Bridge, Chair of the newly formed HOSPA Asset Management Advisory Group added


“This is a very exciting time for HOSPA, we know that good asset managers are much in demand in the hotel and related operational real estate sectors , and we are delighted to be able to work with the industry, who have already supported HOSPA , to help the Association  grow talent for the future for this sector and other operational real estate sectors.”

The Asset Management course will be available for enrolment from September 2020.


For more information on our current Finance Management and Revenue Management Programmes and how to enrol for the 9th September start, please visit the HOSPA website: https://www.hospa.org/education


About the Savoy Educational Trust

The Savoy Educational Trust is an independent, grant giving charitable trust established in 1961 whose main aim is to advance and develop education, training and qualifications within the hospitality industry.  In order to fulfil this aim and help meet the current and future skills needs of an industry that is a major employer and contributor to the UK economy, the Trustees award grants for a variety of hospitality-related projects to educational establishments, trade associations, charitable organisations/social enterprises, and individuals. For more information visit www.savoyeducationaltrust.org.uk or please contact Margaret Georgiou, Trust Administrator, on 0207 849 3001, email:  info@savoyeducationaltrust.org.uk


 About arena4finance

arena4finance specialise in the design and delivery of financial and commercial skills training. The team at arena4finance are experienced in developing and delivering courses, online, face-to-face and blended, for organisations that want to improve the commercial acumen of their management teams. With a focus on demystifying finance for non-financial managers, the team can also offer training, coaching, mentoring and consultancy to both financial and other specialists. For more information visit www.arena4finance.co.uk or contact on hello@arena4finance.co.uk

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