This book has been designed to serve as a one-step gulde on effective economic and financial management of a hotel. Even as the duties of a hotel manager keep on becoming increasingly complex, the crucial aspect of finance cannot beignored. Elucidating on the basic principles of good financial management, the book elaborates on what makes up the economics of a hotel, and how these principles can be applied to them. it also explains indepth the economic factors which play the biggest role in the running of a hotel business, howrelevant they are, how they should be managed, and how they could be improved upon. It also embarks upon an examination of the current trends and developments in this field. Erudite and insightful, it is hoped that the book fosters an enlightening reading experience.

Mr. D.K. Singh is the Vice President of Heritage Institute of Hotel & Tourism, Agra. He is connected with Hospitality Education since last 7 years and during this period he has contributed this Industry with full zeal and enthusiasm. He is a person with a vision and is capable of understanding the pulse of this growing Industry. He is one of the ace management professionals of the country today, who have bagged many prestigious degree and diploma from the Universities and Institutions of global repute. He has been continuously writing for national Print Media, Hospitality articles in Hospitality Career Guide, Hindustan Times, Prabhat Khabar, Dainik Jagran, Rashtriya Sahara and Hindustan etc.