Calculations for Tourism

This self-paced course gives an introduction into the topic of calculations by explaining the terms expenses, income and profit and its application. Further, by using the stakeholder groups of tour operators, hotel managers and food shop owners, important aspects of calculations are described including expenses, profit or loss, discounts, currency and ingredient conversion, commission, costing, markup and selling price conversion and daily profit. 

Who is this course for? 
The course is intended for tourism professionals in management positions, and anyone interested in the topic.

What will you learn? 

• Recognise the importance of confidence and interest in numeracy skills.
• Apply numeric calculation, measurement and estimation to tourism-related examples.
• Illustrate the process of reasoning using numbers and data as information.
• Demonstrate the use of data for presenting simple analysis and interpretation.

How much time do I need to invest? It will take you about 1 hour to complete this course.

Keywords: Sustainability, tourism, management, calculations, expenses, budget

Course Certificate: The platform will automatically generate a certificate of participation and an Open Badge once you have finished all modules of the course and passed the questions in the assessment with 80%. If you would like to learn more about Open Badges, please click here.

This course is part of the learning pathway "Entrepreneurship and Business Development in Tourism" which also contains these other courses: 

·       Development & Management of Tourism Products

·       What it means to be a Tourism Entrepreneur

·       Entrepreneurship for Tourism Business

·       How to Research Markets & Sales Channels

·       Explore Pricing & Promotion