From Finance Manager to CFO

Part III introductionCapital, Ownership and Enterprise Value

Extend finance leadership beyond the hotel P&L into investment choices, development economics, owner-operator governance, liquidity, financing, treasury, and enterprise resilience.

Reading sequence

Chapters in this Part

09Capital Allocation and Hotel DevelopmentEvaluate, fund, govern, redesign, or stop major hospitality investments using strategy, market evidence, financing, returns, sensitivities, execution risk, and post-investment review.10Owner, Operator and Management-Agreement EconomicsUnderstand owner and operator incentives, fees, approvals, capital obligations, information rights, performance protections, reserved matters, disputes, and exit provisions.11Cash, Financing and Financial ResilienceManage working capital, short-term cash visibility, debt, covenants, funding headroom, FX, insurance, crisis actions, and lender or owner communication before liquidity becomes critical.
Part III introduction: Capital, Ownership and Enterprise Value