| 000 | 02670nam a2200289 i 4500 | ||
|---|---|---|---|
| 003 | CSPC | ||
| 005 | 20260723163804.0 | ||
| 008 | 260723s2024 nyua b 001 0 eng d | ||
| 020 | _a9781984689771 | ||
| 040 |
_aCSPC _beng _cCSPC _dCSPC _erda |
||
| 050 | 0 | 0 |
_aTX911.3.F5 _b.A34 2024 |
| 082 | 0 | 0 |
_222 _a647.940681 _bAd31h |
| 100 | 1 |
_aAdebajo, Mosimininuoluwa T., _eauthor. |
|
| 245 | 1 | 0 |
_aHospitality financial management / _cMosimininuoluwa T. Adebajo. |
| 264 | 1 |
_aNew York : _b3G E-Learning, _c2024. |
|
| 300 |
_ax, 339 pages : _bcolor illustrations ; _c25 cm. |
||
| 336 |
_2rdacontent _atext |
||
| 337 |
_2rdamedia _aunmediated |
||
| 338 |
_2rdacarrier _avolume |
||
| 504 | _aIncludes bibliographical references and index. | ||
| 505 | 0 | _aIntroduction to financial management -- Financial statements and analysis -- Budgeting and forecasting -- Cost control in hospitality -- Revenue management -- Capital expenditure and investment decisions -- Ethics and corporate social responsibility in hospitality finance. | |
| 520 | _a"The role of financial management in hospitality establishments is crucial in ensuring the long-term financial sustainability and success of the business. Financial management involves the planning, organizing, controlling, and monitoring of financial resources to achieve the company's financial goals and objectives. Through effective financial management, the hotel can identify the root causes of the decreasing occupancy rates and implement strategies to address them. This may involve analyzing data to identify trends and patterns, conducting market research to understand guest preferences and demands, and developing marketing and pricing strategies to attract more customers. Financial management also plays a key role in budgeting and cost control. For instance, a restaurant within a hospitality establishment may be experiencing high food costs. By implementing effective financial management practices like accurate budgeting, regular monitoring of expenses, and negotiating better prices with suppliers, the establishment can reduce costs and improve profitability. This book, titled Hospitality Financial Management, is aimed at providing a comprehensive overview of financial management specifically tailored for the hospitality industry. The book is divided into six chapters focusing on different aspects of financial management in the hospitality sector"-- Back cover. | ||
| 650 | 0 |
_aHospitality industry _xFinance. |
|
| 710 | 1 | _a3G E-Learning. | |
| 942 |
_2ddc _n0 _cBK _e22 _h647.940681 _iAd31h _kCIR _m2024 |
||
| 999 |
_c32752 _d32752 |
||