Hospitality Toolkit Report: Financial, HR, and Legal Analysis

This report provides a comprehensive analysis of financial management, human resource strategies, and legal considerations within the hospitality industry, using Hotel Peel as a case study. Part 1 delves into financial performance, covering principles like consistency and timeliness, alongside double-entry bookkeeping, profit and loss statements, and trial balance preparation. It emphasizes the importance of accurate financial recording and error rectification. Part 2 shifts focus to human resource management, examining the HR lifecycle, including planning, recruitment, and onboarding, with a specific focus on performance management plans to address negative behaviors and enhance staff retention. The report also highlights the impact of legal and ethical considerations on business decision-making within the industry.