Financial Management for the Hospitality Industry / Edition 1

Financial Management for the Hospitality Industry / Edition 1

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Financial Management for the Hospitality Industry / Edition 1

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.

Product Details

ISBN-13: 9780131179097
Publisher: Pearson
Publication date: 06/30/2006
Edition description: New Edition
Pages: 656
Sales rank: 589,371
Product dimensions: 6.90(w) x 9.10(h) x 1.40(d)

Table of Contents

Table of Contents

1. Introduction

2. Value Creation and the Hospitality Firm

3. Financial markets and Raising Financial Capital

4. A Brief Review of Financial Statements

5. Financial Statement Analysis

6. Risk and Value in the Hospitality Firm

7. The Timing and Value of Cash Flows

8. Valuation and Required Rates of Return

9. Capital Expenditure Analysis

10. Other Project Valuation Criteria

11. Issues in Capital Structure Management

12. Financial Planning for the Hospitality Entrepreneur

13. Managing an Enterprise’s Working Capital

14. Asset Management in the Hospitality Industry

15. Leasing

16. Expansion Via Franchising

17. Expansion Via Management Contracts

18. Feasibility Studies

19. Valuation of Hospitality Real Estate

20. Income Taxes


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