Synopses & Reviews
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.
Synopsis
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.
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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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