Festival4Finance: The importance of understanding your numbers!

Key Dates

Thursday 30th June 2022

The webinar commences at 2.00pm and will last for 60 minutes.

Entry Requirements

This session is ideal for all those working in hospitality who would like to know more about the importance of understanding the numbers in your business and the resources and support available to help you.

Organisations Involved

This event is a joint collaboration between arena4finance, Merlin Consulting and the Master Innholders and is open to all those wanting to learn more about hospitality finance.

The speakers taking part in this webinar are:

Debra Adams, CEO and Founder, arena4finance

Hilary Cooke, CEO and Founder, Merlin Business Consultancy

Stephanie Timsit, Director of Finance at The Peninsula Hotels - The Peninsula London

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Debra Adams, CEO and Founder, arena4finance

A Chartered Management Accountant and a leading practitioner in developing courses for improving financial know how and commercial acumen in the service sectors. She is the author of the highly acclaimed textbook 'Strategic Management Accounting for the Hospitality, Tourism and Leisure Industries' now available here in 2nd edition. The third edition is to be published by Goodfellow Publishing in 2022.

Debra is a well-known personality in the hospitality sector having worked with numerous companies across the sector.

She holds a number of senior roles including Trustee and Member of the Supervisory Board for the Institute of Hospitality. She was formerly Head of Professional Development at HOSPA for a number of years and previously a Council member of the British Association of Hospitality Accountants.

Debra leads a team of experts who can design and deliver courses and training to meet a range of professional development needs for all those seeking to learn more about hotel accounting practice.

Hilary Cooke, CEO and Founder, Merlin Business Consultancy

Hilary is an experienced developer of people and organisations. Using a highly effective combination of psychology and behavioural science with pragmatic business strategy and creative design for people solutions that really work, add value, and have sustainable impact.

Your business success depends on getting things right for your customers. That generally relies on engaging the right people in the right job, doing the right things, at the right time and in the right way.

Great professional and personal results are achieved by people who do more than just show up for work. They are engaged, committed and act as ambassadors for your brand.
Sometimes you need an expert to help create the right recipe or mix of relationships, people processes and full engagement. Sometimes you need a boost to inspire leaders and their teams to actively thrive, more than just passively survive.
We relish the opportunity to work with leaders, managers and entrepreneurs for whom their business is their passion - because know exactly how that feels!

Stephanie Timsit, Director of Finance at The Peninsula Hotels

Stephanie has held a range of Director of Finance roles having previously worked with Mandarin Oriental Hotel Group at the MO Hyde Park London and previous to that as Director of Finance for the pre-opening of the Jumeirah at Etihad Towers in Abu Dhabi, the first Jumeirah hotel to open in the progressive, international city of Abu Dhabi. Jumeirah at Etihad Towers’ dramatic sculptural form and spectacular design innovation set the new scale for luxury experiences. Stephanie passionately believes in finance beyond numbers and is the ideal person to help us to launch the Festival4Finance event!

Session Details

Thursday 30th June 2.00pm - Introducing the Festival4Finance

Thursday 7th July 2.00pm - Preparing a demand forecast for your hotel in a post pandemic world

Thursday 14th July 2.00pm - Managing food costs in challenging times

Thursday 21st July 2.00pm - Managing energy costs in a hospitality business