Principles of Managing and Monitoring Financial Performance in Hospitality Industry

This report discusses the principles of managing and monitoring financial performance in the hospitality industry, using the example of Rosewood London hotel. It covers topics such as cash flow statements, financial statements, risk identification, tax management, and finance categorization. The report also explores the different stages of the HR life cycle, the importance of talent retention and development, and specific legislations that hospitality organizations need to comply with.