The book focuses on key aspects of the hospitality management curriculum, research, and practice bringing together leading scholars throughout the world. Each essay examines a theme or functional aspect of hospitality management and offers a critical overview of the principle ideas and issues that have contributed, and continue to contribute, within it.

Financial Management in the Hospitality Industry: Themes and Issues

Financial management in the hospitality industry: Themes and issues


This chapter reviews research in the areas of financial management and management accounting in the hospitality industry, focusing predominantly on research output that has been subjected to peer review through publication in academic articles. It presents a critical review of the state of the art; including an audit of activity, a discussion about where the subject area is going and an identification of key themes and issues for future development. It is based on a review of key academic journals in hospitality and reflects applied literature published since the late 1980s when the last major census of activity was prepared by Harris and Brander Brown (1998). The changes ...

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