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Author : Charles Martyn
Publisher :
ISBN 13 :
Total Pages : 298 pages
Book Rating : 4.3/5 (129 download)
Download or read book The Financial Side of Hotel Keeping written by Charles Martyn and published by . This book was released on 1903 with total page 298 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Jonathan Hales
Publisher : Routledge
ISBN 13 : 1136431616
Total Pages : 304 pages
Book Rating : 4.1/5 (364 download)
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.
Author : Chris Guilding
Publisher : Routledge
ISBN 13 : 1136403183
Total Pages : 252 pages
Book Rating : 4.1/5 (364 download)
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.
Author : Jerry J. Weygandt
Publisher : John Wiley and Sons
ISBN 13 : 0470083603
Total Pages : 550 pages
Book Rating : 4.4/5 (7 download)
Download or read book Hospitality Financial Accounting written by Jerry J. Weygandt and published by John Wiley and Sons. This book was released on 2008-03-03 with total page 550 pages. Available in PDF, EPUB and Kindle. Book excerpt: As the hospitality field continues to grow and diversify, today’s hospitality professionals need to understand financial accounting at a higher level than ever before. Written by some of the most respected authors in accounting, Hospitality Financial Accounting, Second Edition gives a complete introduction to financial accounting principles and demonstrates how to apply them to all facets of the hospitality industry. Updated with the latest developments in the accounting and hospitality fields,Hospitality Financial Accounting, Second Edition covers the basics of financial accounting first and then shows hospitality students how to analyze financial statements and deal with the daily issues they will face on the job.
Author : Michael Chibili
Publisher : Routledge
ISBN 13 : 1000035751
Total Pages : 381 pages
Book Rating : 4.0/5 ( download)
Download or read book Basic Management Accounting for the Hospitality Industry written by Michael Chibili and published by Routledge. This book was released on 2019-11-26 with total page 381 pages. Available in PDF, EPUB and Kindle. Book excerpt: Basic Management Accounting for the Hospitality Industry uses a step by step approach to enable students to independently master the field. This second edition contains many new themes and developments, including: the essence of the International Financial Reporting Standards (IFRS) integration of the changes caused by the evolution of the Uniform System of Accounts for the Lodging Industry (USALI) the extension of price elasticity of demand, and addition of income and cross elasticities the addition of break-even time (BET) as an additional method of analysing capital investments Up-to-date and comprehensive coverage, this textbook is essential reading for hospitality management students. Additional study and teaching materials can be found on www.hospitalitymanagement.noordhoff.nl
Author : Peter James Harris
Publisher : Routledge
ISBN 13 : 075066729X
Total Pages : 495 pages
Book Rating : 4.7/5 (56 download)
Download or read book Accounting and Financial Management written by Peter James Harris and published by Routledge. This book was released on 2006 with total page 495 pages. Available in PDF, EPUB and Kindle. Book excerpt: Presents research and developments in the field of accounting and financial management as it relates to organisations in the international hospitality industry. Draws on researchers' fieldwork and practical experience, and includes case studies and examples from a range of companies across the industry. Covers a number of issues including: performance management, benchmarking, the profit planning framework, room rate pricing decisions, hotel asset management, and lowering risk to enhance firm value.
Author : Jonathan A. Hales
Publisher :
ISBN 13 :
Total Pages : 270 pages
Book Rating : 4.:/5 (31 download)
Download or read book Accounting and Financial Analysis in the Hospitality Industry written by Jonathan A. Hales and published by . This book was released on 2008 with total page 270 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Robert E. Chatfield
Publisher : Prentice Hall
ISBN 13 : 9780130482877
Total Pages : 0 pages
Book Rating : 4.4/5 (828 download)
Download or read book Hospitality Financial Management written by Robert E. Chatfield and published by Prentice Hall. This book was released on 2005 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This up-to-date introduction to finance, written for those in hospitality careers, explains and demonstrates the importance of financial management within the hospitality organization. This clear and concise book provides many examples and is primarily based on practical applications and less on theoretical foundations--keeping hospitality professionals tuned into finance without intimidating them with a typical ¿finance¿ book. Financial Markets and Financial Instruments; Review of Financial Statements and Selected Ratios; The Relationship Between Risk and Return; Time Value of Money; Fixed Income Securities: Bonds & Preferred Stock; Common Stock Features; Cost of Capital; Capital Budgeting and Cash Flow Estimation; Capital Budgeting Decision Methods; Hotel Valuation; and Capital Structure. For those in hospitality/travel tourism professions.
Author :
Publisher :
ISBN 13 : 9781280631313
Total Pages : 309 pages
Book Rating : 4.6/5 (313 download)
Download or read book Accounting and Financial Analysis in the Hospitality Industry. Butterworth-Heinemann Hospitality Management Series written by and published by . This book was released on 2005 with total page 309 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 Managers, 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.
Author : William P. Andrew
Publisher : Prentice Hall
ISBN 13 : 9780131179097
Total Pages : 0 pages
Book Rating : 4.1/5 (79 download)
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.
Author : Mohamed Tolba
Publisher :
ISBN 13 :
Total Pages : 263 pages
Book Rating : 4.6/5 (73 download)
Download or read book The Blue Book written by Mohamed Tolba and published by . This book was released on 2020-09-19 with total page 263 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Blue Book is an ultimate guide for financial and management accounting in the hotel industry, and it is like no other. Some academic books for the hospitality industry do exist; however, as the term "hospitality industry" refers to lodging, food & beverage, event planning, transportation, and recreation, the industry is already complex on its own. It explains why such books do not conveniently cater to a hotel's needs. Moreover, these books dedicate many pages to corporate financing, which has little or nothing to do with the property level. Although there are some ground rules within the hospitality industry, the hotel has its unique accounting procedures and techniques, and this is when this book plays a main role.With over twenty years of valuable experience with the best international hotel operators in six countries, the author shares the essential and practical knowledge and guidelines to build a strong Finance Division in hotels. Therefore, this book perfectly caters to all financial professionals, from the start of their careers to becoming finance leaders.The contents of this book are certainly comprehensive and thorough - highly relevant and easy to understand. This makes it suitable for financial professionals, stakeholders including division heads, general managers, auditors, owners, and owner's representatives. All will greatly benefit from it. The Blue Book includes the following twelve parts that provide the most essential needed information to understand the hotel finance functions and to build a strong finance division:Part One: Basic AccountingPart Two: Revenue ManagementPart Three: Cost ManagementPart Four: Labor ManagementPart Five: Other Expenses GuidelinesPart Six: Financial AnalysisPart Seven: Budgeting and ForecastingPart Eight: Cash ManagementPart Nine: Hotel InvestmentsPart Ten: Hotel Management SoftwarePart Eleven: Financial Functions and SOPsPart Twelve: Parent-Child Chart of AccountsThis book uses the Uniform System of Accounts and GAAP as its main reference, ensuring that the information provided to the readers is the most updated and relevant version of the modern hotel industry.
Author : Agnes L. DeFranco
Publisher : Wiley
ISBN 13 : 9780471692164
Total Pages : 384 pages
Book Rating : 4.6/5 (921 download)
Download or read book Hospitality Financial Management written by Agnes L. DeFranco and published by Wiley. This book was released on 2006-10-20 with total page 384 pages. Available in PDF, EPUB and Kindle. Book excerpt: Real-world advice for quick retention of the most important business concepts and skills of hospitality finance Hospitality Financial Management provides a straightforward, practical approach to help the hospitality manager effectively analyze hospitality industry management reports and financial statements; prepare accurate business forecasts, strategic pricing models, and effective cost-control systems; manage working capital; develop and finance growth strategies; perform investment analysis; prepare investment packages; negotiate and structure business deals; and ultimately increase shareholder value and personal wealth. This comprehensive how-to book includes: Feature Stories--brief histories of famous hospitality leaders highlighting how they have used financial management skills to attain success for their companies and significant financial rewards for themselves Learning Outcomes--a summary of key topics covered in each chapter Finance in Action--scenarios that apply the concepts, skills, and techniques presented in the chapter to real-world situations. A step-by-step solution is provided for each problem to walk the reader through the necessary financial calculations The Real Deal--boxed inserts that emphasize the relevance of the book by linking financial concepts to fun facts associated with situations students either have or will encounter in their everyday lives Concept Checks--case studies that reinforce the materials presented and enable students to practice their analytic and problem-solving skills Hospitality Financial Management is the perfect book for undergraduate and graduate hospitality management students, hospitality industry managers, and owners of small hospitality businesses.
Author : Michael M. Coltman
Publisher :
ISBN 13 :
Total Pages : 360 pages
Book Rating : 4.0/5 ( download)
Download or read book Hospitality Management Accounting written by Michael M. Coltman and published by . This book was released on 1978 with total page 360 pages. Available in PDF, EPUB and Kindle. Book excerpt: CRUCIAL ACCOUNTING SKILLS FOR THE HOSPITALITY PROFESSIONAL In the fast-growing and increasingly competitive hospitality industry, every business is under extreme pressure to maximize revenue and minimize costs simply to maintain existing profit levels. Hospitality Management Accounting, Seventh Edition gives students a firm grounding in the fundamental concepts and analytical techniques they will need as professionals to take direct control of an accounting system and evaluate the effectiveness of current and past operations. Filled with case studies, expanded exercise and problem sections, and alternative solution sets that provide multiple problem-solving approaches, this updated new edition is the only text in the field that covers credit card receivables. It features an extensive review of accounting systems and a special section on the use of computers in the hospitality industry. Important topics covered in this text include: * Understanding, analyzing, and interpreting financial statements * Ratio analysis and internal control * The "bottom up" approach to pricing * Cost management and the cost volume profit approach to decisions * Operations budgeting and cash budgeting * Statement of cash flows and working capital Hospitality Management Accounting, Seventh Edition equips hospitality management and culinary students with the skills they need to take command of one of the most crucial aspects of the management of any hospitality business.
Author : Jerry J. Weygandt
Publisher : Wiley
ISBN 13 : 9780471477891
Total Pages : 0 pages
Book Rating : 4.4/5 (778 download)
Download or read book Hospitality Financial Accounting, Working Papers written by Jerry J. Weygandt and published by Wiley. This book was released on 2004-03-03 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Linking financial accounting principles to real-world hospitality management applications In Hospitality Financial Accounting, the authors behind North America's leading accounting textbooks present financial accounting principles to hospitality students with a clear and fascinating introduction to a complex topic that is crucial to the success of any hospitality business. Addressing a wealth of accounting topics specific to the hospitality industry, as well as more general financial issues, this full-color presentation takes a proven pedagogical approach designed to help students learn how to study and manage their tasks. It provides all of the support students need to succeed, both in their course of study and in their future hospitality careers. Special features of this outstanding learning tool include: Strict focus on accounting topics relevant to the hospitality industry The Navigator Learning Guide, proven to help students improve their study skills Action Plans and Demonstration Problems that develop problem-solving skills User-oriented exercises that demonstrate the relevance of accounting to hospitality students The Hilton Hotels 2001 annual report, which illustrates key concepts using real-world financial statements Complete with scores of helpful drawings, charts, and tables, Hospitality Financial Accounting is the ultimate resource for students who need to grasp the principles of financial accounting and learn to apply them to real-world hospitality management.
Author : Agnes L Defranco
Publisher :
ISBN 13 : 9780471781967
Total Pages : 150 pages
Book Rating : 4.7/5 (819 download)
Download or read book Hospitality Financial Management written by Agnes L Defranco and published by . This book was released on 2006-10-30 with total page 150 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Peter Harris
Publisher :
ISBN 13 : 9780750623810
Total Pages : 0 pages
Book Rating : 4.6/5 (238 download)
Download or read book Accounting and Finance for the International Hospitality Industry written by Peter Harris and published by . This book was released on 1995 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Top experts specializing in hospitality management have contributed articles to this new collection which explains recent developments in accounting and finance. The material is drawn from a combination of fieldwork and practical experience." "The managerial emphasis means that the content is fully relevant internationally and not constrained by the legal framework of different countries." "Accounting and Finance for the International Hospitality Industry provides an overview of analysis and evaluation of performance, planning methods and techniques, financial information and control, and financial management." "It also shows how operational analysis can be used as a management tool to improve performance. Techniques for predicting the financial success or failure of hotels are suggested. Research into hotel companies in the US and Europe demonstrates key performance indicators used by hotel managers and financial executives." "Accounting and Finance for the International Hospitality Industry will be an invaluable resource for final year undergraduate and postgraduate students of hospitality management. Practising accountants, managers and consultants who need to keep up to date with new developments in the industry, particularly those who are members of the British Association of Hotel Accountants, will also find it useful."--BOOK JACKET.Title Summary field provided by Blackwell North America, Inc. All Rights Reserved
Author : George Edward Stuart Whatley
Publisher : Legare Street Press
ISBN 13 : 9781020524509
Total Pages : 0 pages
Book Rating : 4.5/5 (245 download)
Download or read book Hotel Book-keeping written by George Edward Stuart Whatley and published by Legare Street Press. This book was released on 2023-07-18 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Written by hotelier and businessman George Edward Stuart Whatley, this book offers guidance on bookkeeping best practices for hotels. With tips on topics from managing accounts receivable to preparing financial statements, this book offers a thorough and practical guide for hotel managers and owners. This edition includes illustrations and a glossary of financial terms. This work has been selected by scholars as being culturally important, and is part of the knowledge base of civilization as we know it. This work is in the "public domain in the United States of America, and possibly other nations. Within the United States, you may freely copy and distribute this work, as no entity (individual or corporate) has a copyright on the body of the work. Scholars believe, and we concur, that this work is important enough to be preserved, reproduced, and made generally available to the public. We appreciate your support of the preservation process, and thank you for being an important part of keeping this knowledge alive and relevant.
