Hospitality Financial Management

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 skillsHospitality Financial Management is the perfect book for undergraduate and graduate hospitality management students, hospitality industry managers, and owners of small hospitality businesses.

ISBN 0471692166   Pages 384 ISBN13 9780471692164 (What's this?)   Volumes 1 Publisher John Wiley and Sons Ltd   Weight (grammes) 816 Imprint John Wiley & Sons Inc   Published in New York Format Hardback   Height (mm) 238 Publication date 03 Nov 2006   Width (mm) 198 Library of Congress 2006007280   Spine width (mm) 25 DEWEY 647.940681   Academic level Professional / Scholarly DEWEY edition DC22

1		Finance and the hospitality industry		1
2		Financial reporting		15
3		Analyzing financial statements		53
4		Managing working capital and controlling cash		91
5		Growing the business		112
6		Financing growth		134
7		The time value of money		177
8		Investment analysis		221
9		Hospitality industry applications of time value of money concepts and skills		247
10		The investment package		286
11		Crafting and negotiating the deal		315
12		Trying it all together		345

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