International Journal of Contemporary Hospitality Management: Volume 13 Issue 3

FRS 15 – Friend or foe?

This article considers the recent release of Accounting Standard FRS15 Accounting for Tangible Fixed Assets and reviews the impact of the standard on the hotel industry where…

Using simulation and gaming to develop financial skills in undergraduates

This research examines the perceived problems with numerical skills applied to subject areas such as operations management and finance. Research has previously shown that a fear…

Key performance indicators in European hotel properties: general managers’ choices and company profiles

This paper presents the development process, methodology and findings from the first stage of an ongoing collaborative research project undertaken to determine the performance…

Rethinking performance measures: assessing progress in UK hotels

With the intention of successfully meeting the challenges of an increasingly complex competitive environment, organizations in many industries are rethinking their performance…

Budgeting in the information age: a fresh approach

For hospitality organizations to compete successfully in the emerging information age, with its emphasis on innovation, quality and speed, it is suggested that they must adopt…

Revenue management – the contribution of the finance function to profitability

Literature in the area of revenue (or yield) management concentrates largely on the operational issues of maximising revenues. The issues of profitability have been considered in…

Determinants of tourism hotel expenditure in Hong Kong

This paper reports on a study about applying regression techniques to identify the determinants and functional forms of tourism hotel expenditure in Hong Kong. Annual time series…

Tourism and Hospitality in the 21st Century

Profit Planning

Management Accounting for Hospitality and Tourism

Principles of Food, Beverage and Labour Cost Controls