Financial management for the hospitality industry /
William P. Andrew, James W. Damitio, Raymond S. Schmidgall.
- Upper Saddle River, NJ : Pearson Prentice Hall, c2007.
- xx, 636 p. : ill. ; 25 cm.
Includes index.
1. Introduction - 2. Value creation and the hospitality firm - 3. Financial markets and raising financial capital - 4. A brief review of financial statements - 5. Financial statement analysis - 6. Risk and value in the hospitality firm - 7. The timing and value of cash flows - 8. Valuation and required rates of return - 9. Capital expenditure analysis - 10. Other project valuation criteria - 11. Issues in capital structure management - 12. Financial planning for the hospitality entrepreneur - 13. Managing an enterprise's working capital - 14. Asset management in the hospitality industry - 15. Leasing - 16. Expansion via franchising - 17. Expansion via management contracts - 18. Feasibility studies - 19. Valuation of hospitality real estate - 20. Income taxes - Glossary - Index.