Financial Management for the Hospitality Industry

Andrew, William P., Ph.D./ Damitio, James W./ Schmidgall, Raymond S.

Pearson College Div（2006/06発売）

• 製本 Hardcover:ハードカバー版／ページ数 636 p.
• 言語 ENG
• 商品コード 9780131179097
• DDC分類 647.940681

Full Description

For courses in Beginning and Advanced Hospitality Finance and Managerial Finance.Financial Management for the Hospitality Industry, Second Edition, presents financial concepts and explains how they apply to specific operations within the hospitality industry. Each chapter contains material specific to the industry-from financial statements that follow the lodging industry standards to financial ratios used to determine paid occupancy percentage, average room rate or number of guests per room. This edition features two new chapters on entrepreneurial finance and asset management and Excel examples integrated throughout. Discussing core financial concepts from a managerial perspective, the text contains answers to many of the financial questions confronting hospitality managers today.

Contents

Table of Contents1. Introduction2. Value Creation and the Hospitality Firm3. Financial markets and Raising Financial Capital4. A Brief Review of Financial Statements5. Financial Statement Analysis6. Risk and Value in the Hospitality Firm7. The Timing and Value of Cash Flows8. Valuation and Required Rates of Return9. Capital Expenditure Analysis10. Other Project Valuation Criteria11. Issues in Capital Structure Management12. Financial Planning for the Hospitality Entrepreneur13. Managing an Enterprise's Working Capital14. Asset Management in the Hospitality Industry15. Leasing16. Expansion Via Franchising17. Expansion Via Management Contracts18. Feasibility Studies19. Valuation of Hospitality Real Estate20. Income Taxes.