Description
Commonwealth Publishers Financial Management of Travel and Tourism 314pp 2022 by B S Badan and Harish Bhatt
Financial Management of Travel and Tourism is an essential consideration in implementation is the main motif on which present book is based. Type of financial needs and possible sources of financing and their management must be understood. Although the travel and tourisms industry covers a diversity of different organizations including tour operators, airlines, hotels, travel agencies financial management is that part of total management functions concerned with the effective and efficient raising and utilization of funds. Other important topics discussed like financial planning, control and reporting, budgeting, treasury management, foreign exchange management, cash flow and management, investment of cash surpluses. Book has considered all essential topics of financial management those are of vital importance to international, domestic and local business. A vast bibliography along with case study gives the weight of knowledge being conveyed. Confident, that such an extensively informative work will be of definite use of teachers, students, researchers policy makers and to travel tourism industry.