By Peter Harris, Marco Mongiello
Accounting and monetary administration: advancements within the overseas hospitality provides new and leading edge learn and advancements within the box of accounting and monetary administration because it pertains to the paintings of handling firms and agencies within the foreign hospitality undefined. The content material comprises contributions from a wealthy resource of overseas researchers, teachers and practitioners together with, collage and school teachers, specialist accountants and experts and senior managers desirous about quite a lot of educating, scholarship, examine, and consultancy within the hospitality world wide. the cloth is drawn from their paintings and adventure and relates on to the administration of hospitality undertakings. as a result the modern case reviews and examples used are taken from a breathtaking of businesses around the together with huge foreign chains corresponding to Sheraton, vacation resort, and Intercontinental. Divided into 3 components: functionality administration, details administration and Asset administration the ebook tackles the next concerns among others:* functionality administration within the overseas hospitality undefined* Benchmarking: measuring monetary luck* The revenue making plans framework* Making room expense pricing judgements* inn asset administration united kingdom and US views* reducing threat to augment hospitality enterprise valueAccounting and monetary administration: advancements within the overseas hospitality offers present advancements drawn from a mixture of dwell fieldwork and functional adventure and accordingly will content material will entice a wide-ranging readership together with practicing managers and monetary controllers in hospitality firms, specialist accountants and experts, postgraduate applicants learning for master's levels in hospitality administration, and ultimate 12 months undergraduate scholars of hospitality administration who select to take an accounting alternative. * provides present advancements within the box from a mixture of sensible event and stay fieldwork. * comprises contributions from a wealthy resource of overseas educational and practitioners.* makes use of overseas case experiences to discover and contextualise together with Sheraton, vacation hotel, and Intercontinental.
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Additional info for Accounting and Financial Management: Developments in the International Hospitality Industry
The most important elements in profitability are economy and productivity. The results of these factors are monitored with the help of various key figures. Calculating the key figures requires numerical information on the operations. The systematic processing of the information cannot succeed without knowledge of the most important concepts and methods in accountancy. Besides the basics in accountancy, a functional control system is needed so that the key figure information can be easily, punctually and correctly delivered to those who need it for decision-making.
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Accounting and Financial Management: Developments in the International Hospitality Industry by Peter Harris, Marco Mongiello