The area of financial management is a vital but often inaccessible part of the  hotel  business.   Having   the knowledge and the ability to use money  properly  makes  all  the difference to the turnover  and success of the business. The present book is written specifically for those industry executives who need to be able to decipher, appreciate and utilise. valuable financial management tools and techniques in order to realise maximum profits.

Highly  practical  in  its  scope and  approach,  this  book  outlines the procedure and purpose  behind various financial activities, demon­ strates how an appropriate analysis of financial reports can drive  the business -strategy forward from a well-infonned base, and  highlights the key financial issues one need to consider in a host of decision-making situations. Combining a user­ friendly structure with frequent international cases, this book will be ideal for all students of hospitality, as well as a vital source of information for practitioners already in the industry.

Preface
1. Finance and Hotel Industry

2. Basics of Financial Accounting

3. Financial Reporting

4. Financial Statements

5. Budgeting

6. Public Market Financing

7. Managing Hotel Investments

8. Modern Pricing Models

9. Hotel Revenue Management

10. Managing Working Capital

11. Impact of Technology in Hotel Business

12. Hospitality E-Business

      Index.

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 m any prestigious degree and diploma from the Universities and institutions of globa l repntc. 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.