The recently revised third edition of the highly acclaimed textbook ‘Management Accounting for the Hospitality, Tourism and Leisure Industries – A Strategic Approach‘ written by arena4finance founder and chartered management accountant Debra Adams, is an up-to-date and relevant reference guide to management accounting for decision making in the hospitality, tourism and leisure industries. Its’ user-friendly and easy to follow style is based on the author’s extensive first-hand experience of working with and delivering training and professional development in the sector.
This third edition of this long-standing and effective text is fully revised and updated to include:
• Pricing strategies to include examples of Revenue Management tactics;
• Ratios such as TREVPAR and GOPPAR;
• The growth of management contracts, franchising and leasing strategies for growth;
• Increasing variety of funding options including crowd funding;
• More detailed examples based on the author’s personal contemporary experience in
training hotel financial controllers;
• Further industry specific content to reflect current trends and practice.
Key features include:
• Up-to-date and relevant content designed to suit the needs of the current
Hospitality Professional;
• Best practice guidance from the Uniform System of Accounts for the Lodging Industry (USALI);
• Current trends and practice;
• Numerous case examples and scenarios to use in class;
• Online resources to support the text.
See http://www.goodfellowpublishers.com/manacc3 for details.
An essential guide for practitioners and students who are required to study management
accounting in the context of the hospitality industry. For practitioners, the book is intended to help those who need an improved grasp of accounting information to assist them in their day-to-day work. For students, the book is aimed at those who are studying accounting as part of their degree, professional studies or apprenticeship course.
Retail price: £37.99
Purchase your copy here: ‘Management Accounting for the Hospitality, Tourism and Leisure Industries – A Strategic Approach‘

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