At present, an important industry in India is the tourism industry. It is a growing industry, a source of huge employment and earns a huge amount of foreign exchange for the country. Tourism in India is the third largest foreign exchange earner in the country. The flourishing tourism industry has a positive effect on the [...]
Hospitality Industry in India accounts for almost 7.5 percent of the country’s GDP. In recent years, this industry is having a positive growth. A wide range of activities falls under the hospitality industry and it provides various jobs directly and indirectly. This industry is one of the most important foreign exchange earners in the country [...]
The Indian Tourism industry has emerged as the front runners in the economy. Tourism is no longer restricted to only conventional touring. Various new avenues have opened up in this sector like heritage tourism, wildlife tourism, adventure tourism, pilgrimage tourism etc. Thus, comes up the need for accommodation in all the parts of the [...]
The total cost of food and beverage in a restaurant is calculated by using the stock take and purchase received. Purchases refer to all credit and cash purchases purchase returns/return outwards refer to any returns that have already been included under the heading of purchases. When calculating the value of stock the normal practice followed [...]
Potential investors can decide whether or not to finance a certain project by evaluating the results of the Feasibility Study. These results guide the planners and architects of the project, and assist managers as they develop Food and Beverage Marketing plans and prepare initial operating budget.While the scope of a feasibility study varies from project [...]
Hotel Management is the study of unique professional management techniques and strategies related to hotel administration, operation and catering. Hospitality is an engaging, sociable working environment, with career opportunities whereever you go! Hotels, resorts, restaurants, nightclubs and bars are a few establishments that make up the exciting industry.