Financial Control for Your Hotel
By (author) Michael M. Coltman
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Financial Control for Your Hotel by Michael M. Coltman
Book DescriptionFinancial Control for Your Hotel gives hotel general managers and finance executives a clear understanding of the techniques of cost control essential to the success of a motel or small hotel. This easy-to-use guide expands readers' understanding of everything from the basics of hotel finance to improving the bottom line. Industry expert Michael M. Coltman provides clear explanations for organizing the balance sheet and the income statement, as well as for handling purchasing and hiring--areas critical to profitability. Financial Control for Your Hotel also offers valuable guidelines on all areas of finance related to hotel operations, including pricing, income statement analysis, and budgeting. Special coverage of investments helps managers plan for long-term financial growth.
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Book DetailsISBN: 9780471290360
(229mm x 159mm x 18mm)
Imprint: John Wiley & Sons Inc
Publisher: John Wiley and Sons Ltd
Publish Date: 12-Nov-1997
Country of Publication: United States
Books By Author Michael M. Coltman
Cost Control for the Hospitality Industry, Hardback (January 1989)» View all books by Michael M. Coltman
In this text, a leading hospitality educator and industry consultant gives readers the means to ensure customer satisfaction and produce acceptable profit margins. Two new chapters review different methods of cost control strategy and operations, including information systems and computerized cost control.
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