Textbook
Hospitality/Accounting
Cloth, 656 pages
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Financial Management
for the
Hospitality Industry
Second Edition
©2007
Publisher: Pearson Education, Prentice Hall
Author:
William P. Andrew, Penn State
James W. Damitio, Ph.D, CMA, Central Michigan University
Raymond S. Schmidgall, Michigan State University
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For courses in Beginning and Advanced Hospitality Finance and Managerial Finance.
Financial Management for the Hospitality Industry, Second Edition, presents financial concepts
and explains how they apply to specific operations within the hospitality industry. Each chapter contains material specific
to the industry-from financial statements that follow the lodging industry standards to financial ratios used to
determine paid occupancy percentage, average room rate or number of guests per room. This edition features two new chapters
on entrepreneurial finance and asset management and Excel examples integrated throughout. Discussing core financial
concepts from a managerial perspective, the text contains answers to many of the financial questions confronting
hospitality managers today.
$90.80
New to the Edition
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