Hotels plan sector-wide ABC model

To improve the measurement of customer profitability, hotel companies are planning to introduce an industry-wide activity-based costing (ABC) model. FDs throughout Europe are supporting a research project at Oxford Brookes University to examine the practical applications of ABC for the industry. Now...

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Bibliographic Details
Published inFinancial Management p. 7
Main Author Parry, Charlotte
Format Trade Publication Article
LanguageEnglish
Published London Chartered Institute of Management Accountants 01.09.2003
Subjects
Activity based costing
Hotels & motels
Profitability
Profits
R&D
Research & development
Europe
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Summary:To improve the measurement of customer profitability, hotel companies are planning to introduce an industry-wide activity-based costing (ABC) model. FDs throughout Europe are supporting a research project at Oxford Brookes University to examine the practical applications of ABC for the industry. Now in its second year, the research will be published in 2005.
ISSN:1471-9185