Hospitality Financial Management by Robert E. Chatfield and Michael C. Dalbor is an up-to-date introductory finance text written. specifically for hospitality and tourism majors. The book uses hospitality examples to cover concepts tram a practical perspective, explaining and demonstrating the importance of financial management in the hospitality industry.
The text covers such important topics as an introduction to financial markets and instruments, a review of financial statements, risk and return, tithe and value of money; stock and bond valuation, capital budgeting, plus hotel market studies/appraisals and capital structure of the firm.