Accounting and Finance for the International Hospitality Industry

ISBN-13: 9780750635868 / Angielski / Miękka / 1997 / 340 str.

Peter Harris;Harris

Opis

A collection of readings to elucidate recent developments in accounting and finance related to the hospitality industry. This text should serve as a resource for final-year undergraduate and postgraduate hospitality students, and also professionals who need to keep up-to-date with developments.

Recenzje

'The British Association of Hotel Accountants recommends Accounting and Finance for the International Hospitality Industry to all accounting professionals.'
David Cook, Chairman of BAHA

`This collection of articles...represents a major step forward for applied accounting and finance in a service sector setting.'
Service Industries Journal, July 1996

Spis treści

Preface; List of contributors; Part One - Financial Analysis; Performance measures used in hotel companies; Methods for predicting financial failure in the hotel industry; Operational analysis in hotels; Labour recruitment and turnover costs in hotels; Part Two - Financial Planning; Statistical cost estimation and prediction in hotels; Risk assessment in capital investment; Financial strategy formulation; The practice of management accounting in hotel groups; Part Three - Financial Information and Control; Identifying managers' information needs in hotel companies; Management control in the hospitality industry: behavioural implications; The use of accounting information in hotel marketing decisions; Part Four - Financial Management; The hotel financial controller: a member of the management team; Financial management in an international environment: Hotel 2000 NV - a case study; Financial management implications of hotel management contracts: a UK perspective; The hotel management contract: lessons from the North American experience; Hotel profitability - critical success factors; Index.

O autorze

Peter J. Harris