Andrew, William P.

Financial management for the hospitality industry / William P. Andrew, Raymond S. Schmidgall ; contributing author, James W. Damitio. - East Lansing, Mich. : Educational Institute, American Hotel & Lodging Association, - xvi, 472 p. : ill; 29 cm.

Includes index.

Preface - About the authors - 1. Introduction - 2. Value creation and the hospitality firm - 3. A brief review of financial statements - 4. Financial statement analysis - 5. Risk and value in the hospitality firm - 6. The timing and value of cash flows - 7. Valuation and required rates of return - 8. Capital expenditure analysis - 9. Other project valuation criteria - 10. Issues in capital structure management - 11. Financial markets and raising financial capital - 12. Managing an enterprise's working capital - 13. Leasing - 14. Expansion via franchising - 15. Expansion via management contracts -16. Economic studies - 17. Valuation of hospitality real estate - 18. Income taxes - Glossary - Index.

0866121862


Hospitality industry--Finance.
Hospitality industry--Accounting.
Hospitality industry--Management.

647.940681 / AND