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Interview for hotel - Any specific accountancy considerations?

  • 23-03-2011 4:18pm
    #1
    BSPOKE20
    Registered Users, Registered Users 2 Posts: 108 ✭✭


    I have an interview for a hotel coming up next week, anyone able give me specific considerations or areas that would be relative to accounting for hotels and the hospitality industry....Thanks.


Comments

  • #2
    SBWife
    Registered Users, Registered Users 2 Posts: 1,287 ✭✭✭SBWife


    All I can think of it RPAR which is rate per available room and to have a basic understanding of the special tax status previously afforded to hotel developments.

    There's a hotel room price index here http://www.hotels.com/press/hotel-price-index.html which might give some industry background.


  • #3
    smcgiff
    Closed Accounts Posts: 5,943 ✭✭✭smcgiff


    BSPOKE20 wrote: »
    I have an interview for a hotel coming up next week, anyone able give me specific considerations or areas that would be relative to accounting for hotels and the hospitality industry....Thanks.

    Hi - What type role are you going for? Asst accountant, accountant, FC?

    Hotel's are very much a cash business, also, they are very much concerned with cashflow now more than ever. Also, keeping control of stock i.e. bar supplies are important.

    I would advise you to (depending on your role) to look at some job specs and this will give you an idea what is expected of you.

    Good luck


  • #4
    Bagel
    Registered Users, Registered Users 2 Posts: 88 ✭✭Bagel


    Sorry probably to late to be helpful but there is a very useful UK association for hospitality accountants - http://www.baha-uk.org/

    They run regular courses etc.

    There is also a good book (but fairly pricey) - might be worth investing in if you get the job and are running the show!

    http://www.amazon.co.uk/gp/product/1844801977/ref=oss_product

    Hope it went well anyway!


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