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Beskrivelse
'Hotel financial management practices' is divided into eight chapters, giving a comprehensive and systematic description of the basic elements of hotel financial management. Chapter 1 introduces the organization of modern hotels, the financial activities and financial relationships, and the objectives, methods and environment of hotel financial management. Chapter 2 introduces the time value and risk measurement of funds. The third chapter describes the financing of the hotel management. Chapter 4 introduces the management of hotel investment. Chapter 5 introduces the management of hotel assets such as current assets, fixed assets and intangible assets. The sixth chapter describes the management of hotel costs. Chapter 7 describes the management of hotel revenues, taxes, and profits. Chapter 8 describes the hotel's financial analysis.