Financial Management for Hospitality Decision Makers

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Release : 2007-08-22
Genre : Business & Economics
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Book Rating : 183/5 ( reviews)

Financial Management for Hospitality Decision Makers - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Financial Management for Hospitality Decision Makers write by Chris Guilding. This book was released on 2007-08-22. Financial Management for Hospitality Decision Makers available in PDF, EPUB and Kindle. Financial Management for Hospitality Decision Makers is written specifically for those 'decision makers' in the industry who need to be able to decipher accountant 'speak' and reports in order to use this information to its best advantage and achieve maximum profits. The area of accounting and finance is a vital but often inaccessible part of the hospitality business. However, having the knowledge and the ability to use it properly makes all the difference to the turnover and success of a business. Financial Management for Hospitality Decision Makers is written specifically for those industry executives who need to be able to decipher, appreciate and utilise valuable financial management tools and techniques in order to realise maximum profits. Highly practical in its scope and approach, this book: · Outlines the procedure and purpose behind various financial activities - including budgeting, year-end financial statement analysis, double-entry accounting, managing and analysing costs, working capital management, and investment decision making · Demonstrates how an appropriate analysis of financial reports can drive your business strategy forward from a well-informed base · Clearly highlights the key financial issues you need to consider in a host of decision making situations · Includes a range of problems to help readers appraise their understanding of concepts - with solutions provided for lecturers at http://textbooks.elsevier.com. At all times, the book rigorously applies itself to the specific needs of the hospitality decision-maker, contextualising and explaining financial decision making and control in this light. Combining a user-friendly structure with frequent international cases, worked examples and sample reports to illuminate the theory, Financial Management for Hospitality Decision Makers is ideal for all students of hospitality, as well as being a vital source of information for practitioners already in the industry.

Financial Management for the Hospitality Decision Makers

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Author :
Release : 2002
Genre :
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Book Rating : /5 ( reviews)

Financial Management for the Hospitality Decision Makers - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Financial Management for the Hospitality Decision Makers write by C. Guilding. This book was released on 2002. Financial Management for the Hospitality Decision Makers available in PDF, EPUB and Kindle.

Accounting and Financial Management

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Release : 2012-05-31
Genre : Business & Economics
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Book Rating : 535/5 ( reviews)

Accounting and Financial Management - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Accounting and Financial Management write by Peter Harris. This book was released on 2012-05-31. Accounting and Financial Management available in PDF, EPUB and Kindle. Accounting and Financial Management: developments in the international hospitality industry presents new and innovative research and developments in the field of accounting and financial management as it relates to the work of managing enterprises and organisations in the international hospitality industry. The content contains contributions from a rich source of international researchers, academics and practitioners including, university and college lecturers, professional accountants and consultants and senior managers involved in a wide range of teaching, scholarship, research, and consultancy in the hospitality industry worldwide. The material is drawn from their work and experience and relates directly to the management of hospitality undertakings. Therefore the up to date case studies and examples used are taken from a wide ranging of companies across the industry including large international chains such as Sheraton, Holiday Inn, and Intercontinental. Divided into three parts: Performance Management, Information Management and Asset Management the book tackles the following issues amongst others: * Performance management in the international hospitality industry * Benchmarking: measuring financial success * The profit planning framework * Making room rate pricing decisions * Hotel asset management UK and US perspectives * Lowering risk to enhance hospitality firm value Accounting and Financial Management: developments in the international hospitality industry presents current developments drawn from a combination of live fieldwork and practical experience and therefore will content will appeal to a wide-ranging readership including practising managers and financial controllers in hospitality organisations, professional accountants and consultants, postgraduate candidates studying for master's degrees in hospitality management, and final year undergraduate students of hospitality management who elect to take an accounting option.

Financial Management for the Hospitality Industry

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Author :
Release : 1979
Genre : Business & Economics
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Book Rating : /5 ( reviews)

Financial Management for the Hospitality Industry - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Financial Management for the Hospitality Industry write by Michael M. Coltman. This book was released on 1979. Financial Management for the Hospitality Industry available in PDF, EPUB and Kindle. Abstract: Students and teachers are presented with the fundamental principles underlying the financial management in the hospitality industry. Financial ratio analysis simplifies the interpretation of information. Asset management requires knowledge of what proportion of the assets should be in cash form, as well as what investments are potentially profitable. The cost and risk of financing are affected by degrees of financial leverage and by dividend policies. Management contracts and condominum hotels have allowed companies to concentrate on operations. Working capital and cash budgeting, franchising and property leasing, and business growth and valuation are discussed.

Accounting Essentials for Hospitality Managers

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Release : 2022-02-27
Genre : Business & Economics
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Book Rating : 92X/5 ( reviews)

Accounting Essentials for Hospitality Managers - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Accounting Essentials for Hospitality Managers write by Chris Guilding. This book was released on 2022-02-27. Accounting Essentials for Hospitality Managers available in PDF, EPUB and Kindle. For non-accountant hospitality managers, accounting and financial management is often perceived as an inaccessible part of the business. Yet having a grasp of accounting basics is a key part of management. Using an easy-to-read style, this book provides a comprehensive overview of the most relevant accounting techniques and information for hospitality managers. It demonstrates how to organise and analyse accounting data to help make informed decisions with confidence. With its highly practical approach, this new fourth edition: Quickly develops the reader’s ability to adeptly use and interpret accounting information to enhance organisational decision-making and control. Demonstrates how an appropriate analysis of financial reports can drive your business strategy forward from a well-informed base. Presents new accounting problems in the context of a range of countries and currencies throughout. Develops mastery of the key accounting concepts through financial decision-making cases that take a hospitality manager’s perspective on a range of issues. Includes accounting problems at the end of each chapter to be used to test knowledge and apply understanding to real-life situations. Offers extensive web support for instructors and students that includes PowerPoint slides, solutions to end-of-chapter problems, a test bank and additional exercises. The book is written in an accessible and engaging style and structured logically with useful features throughout to aid students’ learning and understanding. It is a key resource for all future hospitality managers.