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Financial Management For The Hospitality Tourism And Leisure Industries
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Book Synopsis Financial Management for the Hospitality, Tourism and Leisure Industries by : Sally J. Messenger
Download or read book Financial Management for the Hospitality, Tourism and Leisure Industries written by Sally J. Messenger and published by . This book was released on 1993 with total page 284 pages. Available in PDF, EPUB and Kindle. Book excerpt: This new book is aimed at catering, hospitality, tourism and leisure students for their Accounting and Finance papers. The authors set out to pitch for a basic level of understanding. The financial material is introduced through a series of concrete examples built round an imaginary hotel business. The book is designed to be ideal for independent learning as well as for use with groups. Answers are provided in the textbook to all numerical problems.
Book Synopsis Financial Management for Hospitality Decision Makers by : Chris Guilding
Download or read book Financial Management for Hospitality Decision Makers written by Chris Guilding and published by Routledge. This book was released on 2007-08-22 with total page 252 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Book Synopsis Financial Accounting for the Hospitality, Tourism, Leisure and Event Sectors by : Donncha O'Donoghue
Download or read book Financial Accounting for the Hospitality, Tourism, Leisure and Event Sectors written by Donncha O'Donoghue and published by . This book was released on 2015 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Primarily targeted at students studying accounting within applied management programs related to the hospitality, tourism, leisure, travel, and event sectors. It promotes learning through working examples and real-life scenarios.
Book Synopsis Management Accounting for the Hospitality, Tourism and Leisure Industries 3rd Edition by : Debra Adams
Download or read book Management Accounting for the Hospitality, Tourism and Leisure Industries 3rd Edition written by Debra Adams and published by . This book was released on 2022-11-30 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Management Accounting for the Hospitality, Tourism and Leisure Industries - A Strategic Approach 3rd edition is an up-to-date and relevant reference guide to accounting for decision making in the hospitality, tourism and leisure industries. Its' user-friendly and easy to follow style is based on the author's extensive first-hand experience of working with and delivering training and professional development in the sector. This third edition of this long-standing and effective text is fully revised and updated to include: * Pricing strategies to include examples of Revenue Management tactics; * Ratios such as TREVPAR and GOPPAR; * The growth of management contracts, franchising and leasing strategies for growth; * Increasing variety of funding options including crowd funding; * More detailed examples based on the author's personal contemporary experience in training hotel financial controllers; * Further industry specific content to reflect current trends and practice. Key features include: * Up-to-date and relevant content designed to suit the needs of the current Hospitality Professional; * The latest recommendations of the Uniform System of Accounts for the Lodging Industry; * Current trends and practice; * Numerous case examples and scenarios to use in class; * Online resources to support the text. See http://www.goodfellowpublishers.com/manacc3 for details. This book is an essential guide for practitioners and students who are required to study management accounting in the context of the hospitality industry. For practitioners, the book is intended to help those who need an improved grasp of accounting information to assist them in their day-to-day work. For students, the book is aimed at those who are studying accounting as part of their degree or professional studies course.
Book Synopsis Management Accounting for the Hospitality, Tourism and Leisure Industries by : Debra Adams
Download or read book Management Accounting for the Hospitality, Tourism and Leisure Industries written by Debra Adams and published by Cengage Learning EMEA. This book was released on 2006 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This second edition of the widely-used Management Accounting for the Tourism, Hospitality & Leisure Industries: A strategic approach demonstrates how the use of accounting information supports the strategic decision making processes used to control and manage business operations. This book is an essential guide for practitioners and students who are required to study management accounting in the context of the hospitality industry. For practitioners, the book is intended to help those who need an improved grasp of accounting information to assist them in their day-to-day work. For students, the book is aimed at those who are studying accounting as part of their degree or professional studies course.
Book Synopsis Entrepreneurship in the Hospitality, Tourism and Leisure Industries by : Michael Rimmington
Download or read book Entrepreneurship in the Hospitality, Tourism and Leisure Industries written by Michael Rimmington and published by Routledge. This book was released on 2009-11-03 with total page 270 pages. Available in PDF, EPUB and Kindle. Book excerpt: Entrepreneurship is the engine that drives any successful industry or economy. In the rapidly evolving hospitality, tourism and leisure sector worldwide this is particularly true. This new text is designed to develop a greater understanding of the process and context for entrepreneurship as well as to provide key concepts which will enable the reader to become more entrepreneurial themselves. The text unites appropriate theory with copious real world examples giving the student, manager or trainer a powerful framework for understanding every aspect of this vital business function. Rigorously developed by authors with wide teaching and industry experience it contains: *Clear learning objectives and teaching structure *Up-to-date cases throughout *The widest possible coverage of the latest research and literature *A clear focus on the dynamic hospitality, tourism and leisure sector. Entrepreneurship in the Hospitality, Tourism and Leisure Industries is an essential teaching tool and reference on all serious academic and professional courses and gives a uniquely powerful overview of the subject for students and trainees.
Book Synopsis Accounting for Hospitality, Tourism and Leisure by : Gareth Owen
Download or read book Accounting for Hospitality, Tourism and Leisure written by Gareth Owen and published by Financial Times/Prentice Hall. This book was released on 1998 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Covers all aspects of financial and management accounting found on degree, HND(C) and HCIMA courses. It assumes no prior knowledge of accountancy and builds up ideas and principles accordingly. The emphasis throughout is on the service sector and the accountancy function is considered as part of a much wider business context in order that students may relate accounting practice to a range of different business areas. Specific techniques and real life examples and case studies relating to hospitality, tourism and leisure are included throughout. The second edition has been updated to include a new chapter on spreadsheet modelling and expanded coverage of VAT, PAYE and National Insurance. The structure has been adapted so financial accounting can be covered in one module and the management and financial section in a second module or semester.
Book Synopsis Financial Management for the Hospitality Decision Makers by : C. Guilding
Download or read book Financial Management for the Hospitality Decision Makers written by C. Guilding and published by . This book was released on 2002 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Hospitality Financial Management by : Robert E. Chatfield
Download or read book Hospitality Financial Management written by Robert E. Chatfield and published by . This book was released on 2009 with total page 333 pages. Available in PDF, EPUB and Kindle. Book excerpt: Hospitality Financial Management is an up-to-date finance text that offers hospitality students a uniquely Canadian introduction to financial management specifically for hospitality and tourism majors. The book uses hospitality examples throughout to cover concepts from a practical perspective, explaining and demonstrating the importance of financial management in the hospitality industry.
Book Synopsis Entrepreneurship in the Hospitality, Tourism and Leisure Industries by : Michael Rimmington
Download or read book Entrepreneurship in the Hospitality, Tourism and Leisure Industries written by Michael Rimmington and published by Routledge. This book was released on 2009-11-03 with total page 269 pages. Available in PDF, EPUB and Kindle. Book excerpt: Up-to-date cases throughout and a major cumulative case running through the text The widest possible coverage of the latest research and literature with a clear focus on the dynamic hospitality, tourism and leisure sector Foreword by Rocco Forte
Book Synopsis Accounting and Financial Management by : Peter Harris
Download or read book Accounting and Financial Management written by Peter Harris and published by Routledge. This book was released on 2012-05-31 with total page 495 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Book Synopsis Financial Management for the Hospitality Industry by : William P. Andrew
Download or read book Financial Management for the Hospitality Industry written by William P. Andrew and published by Prentice Hall. This book was released on 2007 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: KEY BENEFIT Financial Management for the Hospitality Industrypresents financial concepts and explains how they apply to specific operations within the hospitality industry. KEY TOPICS The book contains answers to many of the financial questions confronting today's and tomorrow's hospitality managers. It should serve as a reference book to be used as financial problems and opportunities arise. MARKET For hospitality managers.
Book Synopsis Financial Management in the Sport Industry by : Brown T Matthew
Download or read book Financial Management in the Sport Industry written by Brown T Matthew and published by Routledge. This book was released on 2016-12-15 with total page 958 pages. Available in PDF, EPUB and Kindle. Book excerpt: Financial Management in the Sport Industry provides readers with an understanding of sport finance and the importance of sound financial management in the sport industry. It begins by covering finance basics and the tools and techniques of financial quantification, using current industry examples to apply the principles of financial management to sport. It then goes beyond the basics to show how financial management works specifically in sport - how decisions are made to ensure wealth maximization. Discussions include debt and equity financing, capital budgeting, facility financing, economic impact, risk and return, time value of money, and more. The final section focuses on sport finance in three sectors of the industry - public sector sports, collegiate athletics, and professional sport-providing in-depth analysis of financial management in each sector. Sidebars, case studies, concept checks, and practice problems throughout provide practical applications of the material and enable thorough study and practice. The business of sport has changed dynamically since the publication of the first edition, and this second edition reflects the impact of these changes on financial management in the sport industry. New to this edition are changes to reflect the global nature of sport (with, for example, discussions of income tax rates in the Premiere League), expanded material on the use of spreadsheets for financial calculations, a primer on accounting principles to help students interpret financial statements, a valuation case study assignment that takes students step by step through a valuation, a new stadium feasibility analysis using the efforts of the Oakland Raiders to obtain a new stadium, a new economic impact example focusing on the NBA All Star game, and much more.
Book Synopsis Financial Management for the Hospitality Industry by : Michael M. Coltman
Download or read book Financial Management for the Hospitality Industry written by Michael M. Coltman and published by . This book was released on 1979 with total page 268 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Book Synopsis Essential Financial Techniques for Hospitality Managers by : Cathy Burgess
Download or read book Essential Financial Techniques for Hospitality Managers written by Cathy Burgess and published by . This book was released on 2014-09 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The second edition of Essential Financial Techniques for Hospitality Managers: a practical approach remains a user friendly and hands-on introduction to finance and accounting in the hospitality industry. This fully revised and updated edition continues to be a must-have text for all students of Hospitality and a companion for all managers and employees, and allows them to put their learning into practice to achieve immediate results. Updated throughout with extensive new material especially in the fields of managing revenue and the use of spreadsheets, it covers a vast range of sectors (including hotels, restaurants, contract catering, leisure tourism, events, cruise ships and theme parks). In a 'non-threatening' manner and using a step-by-step approach, it enables students, employees and managers in all areas of the hospitality to:* Understand why the 'bottom-line' is important - and how small actions can have big effects;* Contextualise the theory with case studies and examples using 'real life' scenarios;* Use key management techniques to control their area of the business;* Calculate the effect of their actions on a range of areas of the business. Each chapter has a full set of learning features, such as bulleted objectives and summaries, case studies and examples, review questions and activities. Accompanying the text is a suite of online resources including self test multi-choice questions to evaluate understanding, links to further resources and solutions to exercises in the text .
Book Synopsis Accounting and Financial Analysis in the Hospitality Industry by : Jonathan Hales
Download or read book Accounting and Financial Analysis in the Hospitality Industry written by Jonathan Hales and published by Routledge. This book was released on 2006-08-11 with total page 304 pages. Available in PDF, EPUB and Kindle. Book excerpt: The objective of this textbook is to teach students to be conversational in speaking “numbers.” This means understanding fundamental accounting concepts, developing solid financial analysis abilities, and then applying them to understand and improve the operational performance of their hotel or restaurant. The book will accomplish this by studying the current practices of some of today’s leading hotel and restaurant companies. Chapters will be developed under the auspices of a select group of hospitality industry General Mangers, Directors of Finance, and Regional Accounting Managers to ensure that the information is current, accurate and useful. Understanding and applying the information will be the main focus of this book. This textbook should provide hospitality managers the knowledge and experience to be comfortable in using numbers to operate their departments. This includes developing the ability to perform all accounting and financial aspects of their position efficiently and correctly including revenue forecasting, wage scheduling, budgeting, P&L critiques, purchasing procedures and cost control methods. As a result, they will have more time to spend on the floor with their customers and employees. This knowledge will help them understand their operations and how to improve, change or expand them to increase revenues or profits.
Book Synopsis Service Quality Management in Hospitality, Tourism, and Leisure by : Connie Mok
Download or read book Service Quality Management in Hospitality, Tourism, and Leisure written by Connie Mok and published by Routledge. This book was released on 2013-01-11 with total page 360 pages. Available in PDF, EPUB and Kindle. Book excerpt: Does your staff deliver the highest quality service possible? Customers today expect a very high overall level of service in hospitality, tourism, and leisure. Competition in these fields will thus be driven by strategies focusing on quality of service to add value, as opposed to product or price differentiation. Service Quality Management in Hospitality, Tourism, and Leisure highlights concepts and strategies that will improve the delivery of hospitality services, and provides clear and simple explanations of theoretical concepts as well as their practical applications! Practitioners and educators alike will find this book to be invaluable in their businesses and in preparing students for the business world. This essential book provides you with clear, comprehensive explanations of theoretical concepts and methods that will give you the competitive edge in this fast-changing field. Topics covered include: services management marketing operations management human resources management service quality management Service Quality Management in Hospitality, Tourism, and Leisure brings together an array of pertinent materials that will measure and enhance customer satisfaction and help you provide superior hospitality services, and groups them in easy-to-use clusters for quick reference.
