This topic will look at the international financial management in tourism. It will reveal the management control systems. The pricing decisions in hotels, such as that guests wanted, what strategy best complemented the business mix, how that strategy affected connected channels and distribution systems and which pricing approaches were accepted by integrated channels, will be analysed. The experts help for the right pricing strategy will be given. Building data and analysis driven pricing strategy will be clarified, and cash flows budget management, cash technology and the rising costs of doing business will be analysed.
Elaborated by: Prof. N. Moussiopoulos and Dr. G. Perkoulidis