Hospitality Finance and Accounting: Essential Theory and Practice

1st Edition

Rob van Ginneken

Routledge
Published June 11, 2019
Textbook - 138 Pages - 31 B/W Illustrations
ISBN 9781138583504 - CAT# K376883
Series: Hospitality Essentials Series

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Summary

Hospitality Finance and Accounting provides a uniquely concise, accessible and comprehensive introduction to hospitality, finance and accounting from a managerial perspective. By avoiding unnecessary jargon and focusing on the essentials, this book offers a crucial breakdown of this often overly-complex subject area.

The concise chapters cover the essential concepts, ideas and formulas to be mastered within the hospitality industry including income statements, balance sheets, pricing and budgeting. Each chapter is split into two sections: theory and practice, giving students practical insight into the everyday realities of the hospitality industry through case studies which show how theories are applied to a range of relevant scenarios. Emphasis is placed particularly on the practices of revenue and budget management within the food and beverage industry.

This will be an essential introductory yet practical resource for all Hospitality students and future managers within the industry.

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