"Hospitality and Tourism Management as a career is gaining its significance all over the world, especially in India. This new book? Cost and Financial Management for Hotels has especially been written keeping in mind the need and requirement of students of hospitality management as they face great difficulty in finding one book which can provide materials relevant to the prescribed syllabus. This book is an effort in this context to provide the students of hospitality management to have one stop reference for cost and financial management. Authors have put in efforts to bridge the gap between available resources and the future requirements by providing necessary inputs and make the book user-friendly. The book covers the topics such as hotel cost sheet, food/ ingredient costing, menu costing/ pricing, banquet costing, hotel cost ledgers, hotel operating ratios, etc. Every chapter ends with objective type questions, review questions and exercises to develop skills in financial management. This book will be a handy resource for all those from hospitality industry who are practicing cost and financial management both academically and professionally."