Hospitality Financial Management
Real-world advice for quick retention of the most importantbusiness concepts and skills of hospitality finance <p><i>Hospitality Financial Management</i> provides astraightforward, practical approach to help the hospitality managereffectively analyze hospitality industry management reports andfinancial 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; negotiateand structure business deals; and ultimately increase shareholdervalue and personal wealth.</p><p>This comprehensive how-to book includes:</p><ul><li>Feature Stories--brief histories of famous hospitality leadershighlighting how they have used financial management skills toattain success for their companies and significant financialrewards for themselves</li><li>Learning Outcomes--a summary of key topics covered in eachchapter</li><li>Finance in Action--scenarios that apply the concepts, skills,and techniques presented in the chapter to real-world situations. Astep-by-step solution is provided for each problem to walk thereader through the necessary financial calculations</li><li>The Real Deal--boxed inserts that emphasize the relevance ofthe book by linking financial concepts to fun facts associated withsituations students either have or will encounter in their everydaylives</li><li>Concept Checks--case studies that reinforce the materialspresented and enable students to practice their analytic andproblem-solving skills</li></ul><i>Hospitality Financial Management</i> is the perfect book forundergraduate and graduate hospitality management students,hospitality industry managers, and owners of small hospitalitybusinesses.