Money Matters for Hospitality Managers

Front Cover
Routledge, May 23, 2012 - Business & Economics - 256 pages
Unique in its approach, 'Money Matters for Hospitality Managers' is unlike other heavy theoretical accounting texts, using real life scenarios to show managers how it's done. Backed up by a range of exercises and activities, it thus allows managers to put their learning straight into practice - and so to achieve immediate results!



'Money Matters' will actively help managers and employees in the industry to:

· learn more about the control aspects in order to become more effective in their work
· learn about the business and companies in the wider context
· understand where their section of the organization fits in the 'bigger picture'
· increase their knowledge and enhance career opportunities

Covering an unprecedented range of sectors (including hotels, restaurants, contract catering, leisure tourism, cruise ships and theme parks), the book supplies useful advice for the whole hospitality industry. It is ideal for operational and first line management, for whom it provides a welcome, accessible and hands-on introduction to finance and accounting in their sector.
 

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Contents

1 Introduction to hospitality control
1
2 Understanding management reports
19
3 Managing revenue
45
4 Managing costs
71
5 Pricing to achieve profit
97
6 Forecasting
119
7 Managing cash and stocks
139
8 Planning and monitoring usage
165
9 Using spreadsheets for management tasks
181
10 Being part of a company
203
11 Developing your skills
225
Appendices
235
Index
245
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