TABLE OF CONTENT
Title page
Certification i
Dedication ii
Acknowledgement iii
Table of content iv
CHAPTER ONE
1.0 Introduction 1
1.1 Background of the study 1
1.2 Statement of the study 3
1.3 Objective of the study 4
1.4 Significance of the study 6
1.5 Research methodology 6
1.6 Research hypothesis 9
1.7 Plan of the study 10
CHAPTER TWO
2.0 Literature review 12
2.1 Market feasibility and fundamentals 13
2.2 financial planning and control 15
2.3 Control ratio and variance analysis 17
2.4 Budgeting and budgetary control 19
2.5 Management of working capital 21
2.6 Control of cost and costing 23
2.7 Capital structure in the hotel operation 25
2.8 Management reporting 26
CHAPER THREE
3.0 Brief history of circular hotel limited Ilorin 29
3.1 Design of the study 29
3.2 Source of data 30
3.3 Source of data 31
3.4 Limitation of the study 33
CHAPTER FOUR
4.0 Data presentation and source analysis 36
4.1 Data presentation 36
4.2 Data analysis 40
4.3 Findings of the study 47
CHAPTER FIVE
5.0 Summary, conclusion and recommendation 50
5.1 Summary 50
5.2 Conclusion 52
5.3 Recommendation 53
Bibliography 55
Questionnaire 56
CHAPTER ONE
1.0 INTRODUCTION
1.1 BACKGROUND OF THE STUDY
Although we know that setting up hospitality industry in a prominent position in the Nigeria industrial league table with regard to the number of employees and annual turnover, in its present state, it is fairly of displeased original dating from the introduction of the regular mail coaches in the eighty century and developing, further during the colonial Era, with the advent of railway and their motor car which gave ordinary men the means of traveling easily than ever before. Whenever a person leaves this home for more than a few days, he has to seek hospitality from his kind elsewhere, it may be that he requires a meal because he is too far away to go home and eat. He may be staying away over night which will require a room and a bed. If a man goes to work in the morning and does not return until late in the night, unless he takes his won food and makes his own tend he will have his meal in a staff canteen of work or to the services he obtained, he will expected at home such as a smile and a welcome. “The view aim of a hospitality industry is pressing that of providing temporary substitute for home”
SHUAIB, A (2021). Financial Planning and Controlling in Catering and Hotel Operation (A Case Study of Circular Hotel Limited, Ilorin). Afribary. Retrieved from https://tracking.afribary.com/works/financial-planning-and-controlling-in-catering-and-hotel-operation-a-case-study-of-circular-hotel-limited-ilorin
SHUAIB, AKANBI "Financial Planning and Controlling in Catering and Hotel Operation (A Case Study of Circular Hotel Limited, Ilorin)" Afribary. Afribary, 16 Dec. 2021, https://tracking.afribary.com/works/financial-planning-and-controlling-in-catering-and-hotel-operation-a-case-study-of-circular-hotel-limited-ilorin. Accessed 10 Nov. 2024.
SHUAIB, AKANBI . "Financial Planning and Controlling in Catering and Hotel Operation (A Case Study of Circular Hotel Limited, Ilorin)". Afribary, Afribary, 16 Dec. 2021. Web. 10 Nov. 2024. < https://tracking.afribary.com/works/financial-planning-and-controlling-in-catering-and-hotel-operation-a-case-study-of-circular-hotel-limited-ilorin >.
SHUAIB, AKANBI . "Financial Planning and Controlling in Catering and Hotel Operation (A Case Study of Circular Hotel Limited, Ilorin)" Afribary (2021). Accessed November 10, 2024. https://tracking.afribary.com/works/financial-planning-and-controlling-in-catering-and-hotel-operation-a-case-study-of-circular-hotel-limited-ilorin