The use of the statement of cash flow is a relatively new wrinkle in financial reporting. This statement‚ however‚ can be a useful management tool CASH FLOW is the life blood of a hotel. To manage a hotel’s assets properly‚ the hotel’s management must understand cash flow. The Financial Standards Board (FASB) has mandated that companies issue a statement of cash flow (SCF)‚ in addition to the traditional income statement and balance sheet. The SCF is a replacement of the little-understood measure
Premium Income statement Generally Accepted Accounting Principles Cash flow statement
Sustainability in Hotels the hospitality sector are relatively straightforward to record and interpret (e.g. occupancy percentages‚ capitalization rates‚ RevPAR‚ etc.)‚ sustainability has remained intrinsically difficult to quantify. Sustainability issues touch on nearly all aspects of hotel ownership and management‚ necessitating the alignment of environmental‚ social‚ and financial factors to promote responsible business operations over time. Despite the lack of clear‚ universally accepted metrics
Premium Sustainability Hotel Taj Mahal Palace & Tower
------------------------------------------------- Brief Description of the Organisation – The International Hotel Group The International Hotel Group The International Hotel Group started business with two small boutique style hotels in Melbourne‚ Australia. Over a period of 15 years it has grown to now comprise a chain of 20 hotels across 5 different countries in the Australasian region. This growth was a result of an acquisition of a small hotel chain and establishment of some new properties‚ mainly in Australia. The group
Premium Hotel Boutique hotel Management
Royal Hotel The Royal Hotel faces issues typical of any hotel. Customer service and aesthetics are the cornerstones the hospitality business and if they are lacking in anyway‚ patrons will find other hotels that better suit their needs. The Royal Hotel GM sees the recent events as unacceptable and is attempting to correct the problems and ensure they do not lose customers to competitors by hiring the firm that Blake works for. Blake will attempt to solve the problems of the hotel by installing
Premium Quality control Implementation Management
CULINARY ARTS MARIA AZYLEAH PINEDA SHIELA FORTUNA SHIELA MAE GABUD CONTENTS Page 1 ...........................................................................INTRODUCTION Page 2 ….......................................................................HISTORY Page 3 ….......................................................................CULINARY ARTS BASICS : The Fundamentals of Cooking A. Food Safety Page 4 …........................................................................ B. Knife Skills
Premium Cooking Culinary art Chef
QUALITY IN HOTEL SERVICE: THE CASE OF THREE STAR HOTELS IN DA NANG VIETNAM *** ABSTRACT Nowadays‚ “service quality” is mentioned a lot when hoteliers and marketers discuss about how to improve a hotel’s competition capabilities. Many researchers figure out that customer use five dimensions to judge service quality of a hotel – tangibles‚ reliability‚ responsiveness‚ assurance‚ empathy. The gap between expected and perceived service is a measure of service quality. The fact that hotels and resorts
Premium Hotel
THE EXEGESIS OF THE GIVEN TEXTS IN THE BIBLE 1. THE CALLING OF ABRAHAM Genesis 12: 1-9 Now the Lord said to Abraham‚ go from your country and your kindred and your father’s house to the land that I will show you. I will make you a great nation‚ and I will bless you‚ and make your name great‚ so that you will be a blessing. I will bless those who bless you‚ and the one who curses you I will curse and in you all the families of the earth shall be blessed. So Abraham went
Premium Israelites Moses God
Service and Customer Management Final Report “Little Woods” Submitted to: Dr. Mohan N J Monteiro Submitted by: Group 5 (Section-B) Jayakrishnan Nair N J (11023) Sourabh Rai (11053) Prasad Krishna (11094) Bhushan Atul Ashok (11131) Rishi Kumar Gandhi (11164) 1|Page “Final Report”‚ Group-5(Sec-B) Table of content: Introduction: ............................................................................................................................... 1 Positioning Services:
Premium Food Parking Parking lot
A marketing plan on Raffles Hotel 1 1. Introduction 1 2. Brief company overview 2 3. External audit 2 3.1 The macro-environment analysis with PESTE method 2 3.2 The industry dynamics analysis with Porter’s five forces 3 3.3 The evaluation of key successful factors of external factor 4 4. Internal audit 5 4.1 Raffles’ strategic segmentation 5 4.2 Raffles’ market positioning 6 4.3 Strengths-weaknesses analysis of current resources and competences 7 4.4 Value chain and
Premium Hotel Singapore Marketing
MORE HOTELS AND CONVETION THAN AYALA LAND A Research Paper Presented to The (Name of your school English faculty) City University of Pasay F.B. Harrison Street‚ Pasay City In Partial Fulfillment Of the Requirements for the Course (Subject - Section) (Name) March 2013 Chapter 1 INTRODUCTION A. Background of the Study Numerous numbers of hotels were established mostly on part of Metro Manila. The process of this actually increases the tourism in the Philippines. Hotels can
Premium Metro Manila Makati City Ayala Corporation