developments in the international hospitality industry /
edited by Peter Harris and Marco Mongiello.
1st ed.
London :
Elsevier/Butterworth-Heinemann,
2006.
xix, 474 pages :
illustrations ;
25 cm
Includes bibliographical references and index.
Performance measurement in independent hotels / Mine Haktanir -- Productivity in the restaurant industry : how to measure productivity and improve process management / Pekka Heikkilä and Timo Saranpää -- Performance measurement in the international hospitality industry / Helen Atkinson -- Budgetary practice within hospitality / Tracy Jones -- Benchmarking : measuring financial success in the hotel industry / Agnes Lee DeFranco -- Developing a benchmarking methodology for the hotel industry / Peter Harris and Marco Mongiello -- The profit planning framework : applying marginal accounting techniques to hospitality services / Peter Harris -- Cross-border reporting for performance evaluation / Ian Graham -- Cost analysis in the hotel industry : an ABC customer focused approach and the case of joint revenues / Paolo Collini -- Customer profitability accounting in the context of hotels / Vira Krakhmal -- Room rate pricing : a resource-advantage perspective / Jean-Pierre I. van der Rest -- Accounting for the environment : reflecting environmental information in accounting systems / Rebecca Hawkins -- Hotel unit financial management : does it have a future? / Cathy Burgess -- Hotel asset management : will a North American phenomenon expand internationally? / Paul Beals -- Hotel asset management : European principles and practice / Geoff Parkinson -- A management accouting perspective on hotel outsourcing / Dawne Lamminmaki -- Sale and leaseback transactions in the hospitality industry / Charles Whittaker -- Hospitality firm risk determinants and value enhancement / Zheng Gu -- Investment appraisal issues arising in hotels governed by a management contract / Chris Guilding -- Autonomy and control in managing network organizations : the case of multinational hotel companies / Marco Mongiello and Peter Harris -- Career directions in financial management in the hospitality industry / Howard Field.
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Presents research and developments in the field of accounting and financial management as it relates to organisations in the international hospitality industry. Draws on researchers' fieldwork and practical experience, and includes case studies and examples from a range of companies across the industry. Covers a number of issues including: performance management, benchmarking, the profit planning framework, room rate pricing decisions, hotel asset management, and lowering risk to enhance firm value.