Salient Features of The Blue Book

Targeting Hotel Industry

Equally Beneficial For Finance and Non-finance Professionals

Simple Language and Effortless Flow

With over twenty years of valuable experience with the best international hotel operators in six countries, the author shares the essential and practical knowledge and guidelines to build a strong Finance Division in hotels. Therefore, this book perfectly caters to all financial professionals, from the start of their careers to becoming finance leaders.

The contents of this book are certainly comprehensive and thorough, yet highly relevant, and easy to understand. This makes it suitable for financial professionals, stakeholders including division heads, general managers, auditors, owners, and owner’s representatives. All will greatly benefit from it.

This book uses the Uniform System of Accounts as its main reference, ensuring that the information provided to the readers is the most updated and relevant version of the modern hotel industry.

The Contents of The Blue Book

The Blue Book is an ultimate guide for financial and management accounting in the hotel industry like no other. With over twenty years of valuable experience with the best international hotel operators, the author shares the essential and practical knowledge and guidelines to build a strong Finance Division in hotels.

The Blue Book includes these twelve parts that provide the most essential needed information to understand the hotel finance functions and to build a strong finance division:

Part 1: Basic Accounting

Part 2: Revenue Management

Part 3: Cost Management

Part 4: Labor Management

Part 5: Other Expenses Guidelines

Part 6: Financial Analysis

Part 7: Budgeting and Forecasting

Part 8: Cash Management

Part 9: Hotel Investments

Part 10: Hotel Management Software

Part 11: Financial Functions and SOPs

Part 12: Pre-Opening and Chart of Accounts

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