Accounting and Financial Analysis in the Hospitality Industry (Hospitality Management Essentials Series) - Softcover

Hales, Johnathan; Van Hoof, Hubert B.

9780132458665: Accounting and Financial Analysis in the Hospitality Industry (Hospitality Management Essentials Series)

Softcover

ISBN 10: 0132458667 ISBN 13: 9780132458665

Publisher: Pearson, 2010

ACCOUNTING AND FINANCIAL ANALYSIS IN THE HOSPITALITY INDUSTRY, 1/e explains how to use numbers and fundamental accounting to operate a successful hospitality department or business. Focusing on the basics, sections progress from accounting and financial analysis to financial statements and management reports to budgeting and forecasting. Throughout the book current hospitality examples, photographs and illustrations are used. This edition includes the latest from theUniform System of Accounts for the Lodging Industry, Tenth Revised Edition, expanded material on Department Profit and Loss Statements, coverage of the 2009 recession and new practice exercises throughout. MARKET: For courses in Hospitality Managerial Accounting.

"synopsis" may belong to another edition of this title.

Review:

"Accounting and Financial Analysis in the Hospitality Industry makes accounting and finance easy to learn! Once a hospitality manager reads this book, they will immediately become a better manager. I am going to use this book to train new managers in my hotel."
- Tom Forburger, Senior Director of Finance,
JW Marriott Desert Ridge Resort & Spa

"Accounting and Financial Analysis in the Hospitality Industry teaches the basics of hospitality accounting that every hotel manager needs to know in order to do their job when they start working in the hotel industry. In addition to being a solid starting point to build from, it is also a good resource for future use. By reading Accounting and Financial Analysis in the Hospitality Industry, students are ensured to have the basic tools which they will need to become successful managers."
- Mark Koehler, Area Director of Finance, Four Seasons Hotels and Resorts

About the Author:

Jon Hales spent 25 years in the hospitality industry with Marriott International in nine cities across the United States. During his career he worked in two convention hotels as Assistant Controller, two resorts as Assistant Controller and Controller, two suburban hotels as Resident Manager and General Manager and two airport hotels as Controller, Resident Manager and General Manager. In his last two years he was Marriott Executive on Loan to the School of Hotel and Restaurant Management at Northern Arizona University (NAU). Since 1997, he has been a Clinical and Assistant Professor at NAU teaching Front Office Management, Resort Management, Hospitality Accounting, and Senior Seminar. He has continued his hospitality industry experience by completing faculty internships with Four Seasons Resorts and Hotels, Hyatt Hotels, Omni Hotels, Red Lobster Restaurants and Pappadeaux's Restaurants. Dr. Hales is also the owner of a fast food restaurant franchise and has been a consultant for many business's both inside and outside the hospitality industry.

"About this title" may belong to another edition of this title.