ANALYSIS OF NEW APPLICATIONS IN THE FINANCE DEPARTMENTS AT HOTEL ENTERPRISES


Karadeniz Y.

in: ANALYSIS OF NEW APPLICATIONS IN HOTEL ENTERPRISES MAIN DEPARTMENTS, ÇİĞDEM ÖZKAN, Editor, Livre de Lyon, Lyon, pp.41-52, 2022

  • Publication Type: Book Chapter / Chapter Research Book
  • Publication Date: 2022
  • Publisher: Livre de Lyon
  • City: Lyon
  • Page Numbers: pp.41-52
  • Editors: ÇİĞDEM ÖZKAN, Editor
  • Çanakkale Onsekiz Mart University Affiliated: Yes

Abstract

Hotel enterprises have a very important place in the economic development of countries due to their significant contributions to the economy and employment. For this reason, financing departments have a special importance in ensuring the continuity and healthy growth of hotel

enterprises.

The importance of finance departments is increasing day by day for businesses to achieve their goals. All divisions in businesses have close links

with the fund. Procurement and effective use of needed funds are extremely important for the continuity and the growth of businesses, and the realization of other business objectives. In businesses; it is possible for each of the marketing, production, human resources and all other departments to continue their activities with an effective and healthy financial planning.

It is possible for hotel enterprises to be successful by determining the appropriate asset and financing structures and making their investments in this

direction, providing a correct cash flow, reducing capital costs and maximizing the value of the business.

First of all, in this part of the book; general information about business, finance and hotel enterprises was shared and the importance of financial analysis and financial planning in hotel enterprises was explained. Then, financing strategies, financing decisions and resources in hotel enterprises are mentioned.

Finally, long-term funding sources and investment in fixed assets in hotel enterprises are discussed.