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Service Charge in Hotels and Restaurants: Possible Application of Egyptian Service Charge Model in Estonia - Couverture souple

Rumessen, Peeter

 
9783844390506: Service Charge in Hotels and Restaurants: Possible Application of Egyptian Service Charge Model in Estonia
Couverture souple
ISBN 10 : 3844390502 ISBN 13 : 9783844390506
Editeur : LAP LAMBERT Academic Publishing, 2011

Synopsis

This work analyses the system of Service Charge in Egypt, looks at similar practices in UK and USA and applies this pattern on real hotel in Estonia. The introductory section gives theoretical background of Service Charge and explains the legal regulation, taxation and distribution of Service Charge in hotels and restaurants in Egypt. Theoretical section of the work presents historical analyses of tipping, Tronc and Service Charge in USA and UK as in comparison to Egypt. The research is made on Egyptian Service Charge system possible application on a real hotel in Estonia. Author builds up 6 different scenarios guided by Estonian taxation legislation. These scenarios are examined using SWOT analyses. The financial statements are modified according the assumptions of scenarios and in result six sets of yearly financial statements are revealed. The changes in departmental profits are brought out and the financial statements are analyzed using financial ratios. Profound attention is given to use of RevPAR and GOPPAR. As a result of work author proposes the modified Service Charge distribution model that fits best to the analyzed hotel.

Les informations fournies dans la section « Synopsis » peuvent faire référence à une autre édition de ce titre.

À propos de l'auteur

Peeter Rumessen, MBA, Major in Finance and Accounting. Worked last 18 years in finance field in transport, wholesale, shipbuilding and hotel business. Worked 5 years for computer wholesaler Tech Data in Baltic States; 4 years for A.P. Moller- Maersk shipyard in Estonia and 4 years for Domina hotel group in Egypt. Learned 7 languages.

Les informations fournies dans la section « A propos du livre » peuvent faire référence à une autre édition de ce titre.

Éditeur
LAP LAMBERT Academic Publishing
Date d'édition
2011
Langue
anglais
ISBN 10 
3844390502
ISBN 13 
9783844390506
Reliure
Broché
Nombre de pages
76
Coordonnées du fabricant
non disponible
Personne responsable
KreGa Onlinehandel GmbH
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info@krega-onlinehandel.de

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