The hotel financial manager – challenges for the future

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International Journal of Contemporary Hospitality Management

ISSN: 0959-6119

Online from: 1989

Subject Area: Tourism and Hospitality

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Document Information:
Title:	The hotel financial manager – challenges for the future
Author(s):	Cathy Burgess, (Senior Lecturer in Accounting, School of Hotel and Restaurant Management, Oxford Brookes University, Oxford, UK)
Citation:	Cathy Burgess, (2000) "The hotel financial manager – challenges for the future", International Journal of Contemporary Hospitality Management, Vol. 12 Iss: 1, pp.6 - 12
Keywords:	Financial management, Hospitality industry
Article type:	Research paper
DOI:	10.1108/09596110010304975 (Permanent URL)
Publisher:	MCB UP Ltd
Abstract:	Recent reports focussing on the future of the global hospitality industry have identified that the key issues for management include the impact of new technology, a lack of availability of capital investment and increasing concern for the future of the environment. The hotel financial manager has emerged as being of major importance in maintaining the profitability of the unit and the company and plays an increasingly influential role as part of the management team. They must now identify the challenges for the future within their own working environment and develop the technological and personal skills necessary to manage in this new age.