Interpret financial accounts of The Restaurant Group

Unit 2 Finance and Funding in Travel and Tourism - Diploma in Travel and Tourism

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Task 1

Question 1 Explain the importance of costs and volume in financial management of travel and tourism businesses using Merlin Entertainments Plc as your case study

Question 2 Analyse pricing methods used in the travel and tourism sector using Merlin Entertainments Plc as your case study

Question 3 Analyse factors influencing profit for travel and tourism businesses Merlin Entertainments Plc as your case study

Task 2: Presentation

Task 3

Question 1 Interpret financial accounts of The Restaurant Group Plc for the year ended 28 December 2014 showing at least two years performance (comparing 2014 to 2013).

Unit 2 Finance Funding in Travel Tourism assignment help is a valuable resource for students studying for their Diploma in Travel and Tourism. This unit covers the essential concepts of financial management in the travel and tourism industry, providing students with the knowledge and skills they need to make informed financial decisions.

Key topics covered in this unit include:

• The importance of financial management in the travel and tourism industry
• The different types of financial statements used in the travel and tourism industry
• The different sources of funding available to travel and tourism businesses
• How to calculate and interpret key financial ratios
• The importance of risk management in the travel and tourism industry

By completing this unit, students will be able to:

• Understand the financial management principles that apply to the travel and tourism industry
• Prepare and interpret financial statements
• Identify different sources of funding for travel and tourism businesses
• Analyze the financial performance of travel and tourism businesses
• Develop strategies to manage risk in the travel and tourism industry

This unit is essential for students who want to pursue a career in the travel and tourism industry. It will give them the financial skills they need to succeed in this competitive and dynamic industry.

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