Introducing the first Canadian hospitality finance text on the market! Hospitality Financial Management  is an up-to-date finance text that offers hospitality students a uniquely Canadian introduction to financial management specifically for hospitality and tourism majors.  The book uses hospitality examples throughout to cover concepts from a practical perspective, explaining and demonstrating the importance of financial management in the hospitality industry.  By focusing primarily on practical applications and less on theoretical foundations, Hospitality Financial Management keeps hospitality professionals tuned into finance without intimidating them with a typical “finance” book. The text covers such important topics as an introduction to financial markets and instruments, a review of financial statements, risk and return, tithe and value of money; stock and bond valuation, capital budgeting, plus hotel market studies/appraisals and capital structure of the firm.