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Copthorne Hotel – Department Analysis  

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Copthorne Hotel - Department Analysis Finance The finance department at the Copthorne Hotel is extremely important to the running of the hotel. Some of the finance operations are carried out within the hotel and some are centrally carried out. For example: Overall accounts, balance sheets for the whole company, Annual reports and break even analysis area all carried out centrally. These are all done centrally to reduce the amount of pressure on the individual hotels and to make sure that they have al the information sorted instead of waiting or the individual hotels to send all of the information to the central office. Here are a few more jobs that are carried out centrally. * Compilation of the Financial section of the annual report * Obtaining capital and resources for bulk purchases for all of the hotels regionally * Identifying start up costs * Identifying running costs * Preparing business plans if hotels need to borrow money *...

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