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Financial Management

For over 50 years, the American Hotel & Lodging Association’s Educational Institute (EI) has been the source for providing industry-tested, research-driven hospitality training resources. EI continues to meet and exceed its education and training mission by using the Internet, videos, textbooks, study guides, seminars, and professional certification to train all levels of personnel.

CH&LA members receive special member pricing on all Educational Institute training resources. Also, CH&LA has developed and maintains a FREE Training Library (click here for details). As a CH&LA member service, you can purchase or check-out EI products on-line or via fax or mail through CH&LA’s Education & Training Catalog.

Let us help you save money on your education and training needs!

2003 IMPACT of Room Tax Increases on the Lodging Industry

Written by Charles W. de Seve and funded by the American Hotel & Lodging Foundation, this study demonstrates how room taxes affect occupancy, room rates, and the economy.

Member Price $25.00 / Non-Member Price $50.00

Accounting for Hospitality Managers - Fourth Edition

Those learning about hospitality accounting at the supervisory and managerial level will appreciate this textbook. This edition features NEW chapters on Budgeting Expenses, Forecasting Sales, Budgetary Reporting and Analysis, and Financial Decision Making. Unique features include a chapter on interim and annual reports, presentations of computerized regression analysis using readily available spreadsheet software; and discussion of such topics as open/close for the off-season, business acquisition, and vehicle leasing.

Member Price $54.95 / Non-Member Price $73.95

Basic Hotel and Restaurant Accounting, Fifth Edition

Accounting operations in today's hotels and restaurants require specialized knowledge and skills. This revised textbook (formerly titled Understanding Hospitality Accounting I) introduces students and new employees to the computerized accounting used in real-world hospitality accounting situations. The revision features six NEW chapters: General Ledger Software, Computerized Accounting Cycle, Restaurant Accounting, Hotel Accounting, Internal Control of Cash, and How to Read and Analyze Financial Statements. There is also new information on taxation of business income, the role of governmental agencies such as the IRS, and coverage of credit and debit cards.

Member Price $57.95 / Non-Member Price $76.95

Financial Management for the Hospitality Industry

No matter what your background, this one-of-a-kind book sharpens your financial savvy and walks you through financial how-to's with clear diagrams and examples. Covers financial statements, cash flow, and value creation while you discover how to: determine the best capital investment projects and options-from purchasing a new broiler to building a new wing; present information on potential expenditures to upper management and property owners so they can make effective choices; use your new-found financial know-how to make judgment calls that positively impact your organization's bottom line.

Member Price $57.95 / Non-Member Price $76.95

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Hospitality Industry Financial Accounting, Second Edition

Even employees who aren't numbers people can understand the fundamentals of financial accounting with this book. This easy-to-understand introduction to accounting incorporates the most recent formats, information, and schedules from the ninth revised edition of the Uniform System of Accounts for the Lodging Industry, as well as updated federal government forms. Highlights include: responsibilities of a hospitality accounting operation, advantages and drawbacks of various types of income statements, the role of inventory in calculating profit, computerized accounting and property management systems, and more.

Member Price $57.95 / Non-Member Price $76.95

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Hospitality Industry Managerial Accounting, Fifth Edition

Provides readers with the most up-to-date managerial accounting information, including updated tax information. New practice problems and samples of actual statements and forms from hospitality organizations give readers valuable hands-on practice and help them gain a clear understanding of the details of managerial accounting for the hospitality industry.

Member Price $63.95 / Non-Member Price $84.95

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HOTEL ASSET MANAGEMENT: Principles & Practices

HOTEL ASSET MANAGEMENT: Principles & Practices is a handy reference resource for hotel owners, lodging industry real estate professionals, and hotel company executives writing on key topics, including: Creating the asset management plan Investing in global economy Management contracts and franchising Benchmarking and financial analysis The owner-management company relationship And more!

Member Price $57.95 / Non-Member Price $79.95

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Hotel Internal Control Guide

A well-run hospitality operation doesn't happen by chance. Behind the scenes, good internal controls in accounting and administration are silently at work ensuring fiscal accuracy and operational efficiency. This guide lets you in on these controls and what may happen if they are not in place. Highlights: Financial, Operational, and Fraud Auditing, Room Revenue, Food and Beverage Revenue, Food and Beverage Costs, Purchasing, Payroll, Loss Prevention/Risk Management, Management Information Systems.

Member Price $32.95 / Non-Member Price $48.95

Hotel Investments: Issues and Perspectives, Fourth Edition

Leading experts in the hotel investment field share insights and cutting-edge information on the hottest topics concerning today's industry executives. New topics in this edition include: alternative dispute resolution, labor productivity management, hotel development costs, exit strategies, condo hotels, new food and beverage paradigms, hotel waterparks, and post-hurricane business recovery. Contributing authors include Randell Smith, Bjorn Hanson, John Arabia, Chad Crandell, Jon Inge, and David Heath.

Member Price $57.95 / Non-Member Price $79.95

Uniform Accounting Systems for Condominiums

This publication provides owners and managers of condominiums a basic system of account classification.

Member Price $15.00 / Non-Member Price $30.00

Uniform System of Accounts for the Health, Racquet, and Sportsclub Industry

Establishes an industry standard for revenue and expense recognition, and explains how to calculate debt-to-equity ratios.

Member Price $44.95 / Non-Member Price $63.95

Uniform System of Accounts for the Lodging Industry - Tenth Edition

At last - one definitive guide for accounting procedures at all lodging properties! This book combines the uniform system books published separately by the Hotel Association of New York City and the Educational Institute of AH&LA into one authoritative "bible" for accounting employees. Includes an updated Expense Dictionary and Chart of Accounts, additional supporting departmental schedules, and new sections on break-even analysis and ratios and statistics. Highlights: Balance Sheet, Statement of Income, Statement of Cash Flows, Departmental Statements, Statement for Gaming Operations, Financial Statement Formats, Operations Budgeting and Budgetary Control, Simplified Bookkeeping for Limited Service Properties, Sample Set of Uniform System Statements.

Member Price $44.95 / Non-Member Price $63.95

Check-Out From CH&LA's FREE Member Training Library

To purchase or check-out EI products via fax or mail:
 CH&LA Education & Training Catalog