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Date
12 February 2021

‘Outstanding Learners of the Year’ for Financial Management and Revenue Management announced

The 2020 ‘Outstanding Overall Learners of the Year’ for Financial Management and Revenue Management were announced by HOSPA at the Association’s Online Annual Learner Awards Ceremony

arena4finance is proud to work with HOSPA to deliver programmes in Hospitality finance, revenue management and asset management delivered using our online learning platform - moodle. In January we coordinated the virtual Awards Ceremony supported by friends and colleagues from the hospitality industry. To see a wonderful video record of the event click here.

Awards were also presented to the highest achieving learners at each Level of HOSPA’s 2020 Professional Development Programmes in Financial and Revenue Management

Based on assessments over the course of their programmes, the two outstanding learners of the year were revealed online to attendees, with the winners set to receive trophies and complimentary day delegate spaces for HOSPACE2021.

The recipients in question, who gained the highest combined course work and examination results for 2020 in their respective Professional Development Programmes, were:

For Financial Management: Lucy Cole, Research Analyst, BDO LLP

For Revenue Management: Krista Kortelainen, Reservations & Guests Service Manager, Citystay Ltd.

The programmes provide the skills and knowledge for those hospitality professionals seeking to excel in their careers in hospitality finance or revenue management.

With both introductory and advanced levels available, the modules have been specifically written for the hospitality sector by specialist educators and industry-leaders and reflect the need for learners to be continuing in full-time work whilst studying.

The Financial Management programme and the Revenue Management programme is offered in three separate levels, each taking five months to complete.

Lucy Cole and Krista Kortelainen will both receive a glass trophy and a complimentary delegate space at HOSPA’s prestigious annual HOSPACE2021 Conference and Exhibition, to be held on 18November 2021 at the Royal Lancaster Hotel in London, with the trophies and delegate passes kindly sponsored by FM Recruitment and Edwards and Finn.

The awards were presented online by Debra Adams MIH, Programme Manager for HOSPA and owner at arena4finance and Dr Harry Murray MBE FIH MI, President of HOSPA and Chairman of Lucknam Park Hotel & Spa.

Lucy and Krista were amongst thirteen learners who each received certificates and prizes for achieving the highest combined course work and examination scores during their studies in Financial Management and Revenue Management with HOSPA on courses completed in February 2020 and August 2020.

The thirteen 2020 HOSPA Professional Development Learner Award Winners, who each received a certificate were as follows:

Financial Management prize winners, completed in February 2020 were:

Level 1 – Introduction to Financial Accounting: Lucas Genis Lechaux, Assistant Financial Controller, Hotel ME Ibiza

Level 2 – Operational Management Accounting: Alex Pop, Hotel Accountant, Holiday Inn London Camden Lock

Level 3 – Strategic Management Accounting: Jennifer Miller, Payroll & Cashier Executive, Fairmont St Andrews

Financial Management prize winners, completed in August 2020 were:

Level 1 – Introduction to Financial Accounting: Lucy Cole, Research Analyst, BDO LLP

Level 2 – Operational Management Accounting: Simon Grech, Assistant Financial Controller, Domus Zamittello

Level 3 – Strategic Management Accounting: Sergei Aruketty Raju, Butler, Jumeirah Hotels and Resorts, Dubai (at the time of his studies)

Revenue Management prize winners, completed in February 2020 were:

Level 1: Introduction to Revenue Management: Emily Cox, Group Revenue Manager, Cedar Court Hotels (joint winner)

Level 1: Introduction to Revenue Management: Adam Suliemani, Market Revenue Manager, Jurys Inn (joint winner)

Level 2: Operational Revenue Management: Krista Kortelainen, Reservations & Guest Services Manager, Citystay Ltd

Level 3: Strategic Revenue Management: Amy Braund, Sales and Events Manager, Bingham Riverhouse Hotel

Revenue Management prize winners, completed in August 2020 were:

Level 1: Introduction to Revenue Management: Rachel Ironside, Reservations Manager, Raithwaite Trading Company Ltd

Level 2: Operational Revenue Management: Gillian Peaston, Manager, Charney Manor

Level 3: Strategic Revenue Management: Krista Kortelainen, Reservations & Guest Services Manager, Citystay Ltd

In addition to these award winners, Leanda Laughey from Coombe Abbey Hotel was nominated for an ‘Outstanding Achievement Award’ for achieving excellent grades for all three levels of the Revenue Management course.

Speaking at the event Harry Murray HOSPA President and Chairman of Lucknam Park, commented on the importance of education, saying “We need to be positive; hospitality is the one industry that can ignite the economy and create jobs. People will want to dine out, celebrate and stay in hotels and there will be a huge demand for stay-cation. My thoughts go out to those made redundant but hopefully they will soon be re-employed.

Speaking on education he said “I am proud to be President of HOSPA and applaud the amazing opportunities they have created for flexible on-line learning.I hope many people will take advantage of their programmes on financial management & revenue management. We have seen today that if you carry on learning new skills you will quickly gain promotion. There will be a huge emphases on margins after lockdown and those skilled in financial management and revenue management will be in demand.

Speaking on re-opening after restrictions are lifted, he said there will be a new approach to hotel-keeping with more thinking outside the box. There will be a need for positive and effective leadership, emotional intelligence, trust, empathy, and kindness.

In conclusion Harry said, “I hope Government will create a dedicated Minister of Hospitality with a seat at the table who will work with hospitality leaders to help support growth and create jobs. A Minister who appreciates the value of the hospitality industry to the economy and the well-being of the Nation.”