Accounting and distribution of service changes in the hotel industry

122 p,

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Bibliographic Details
Main Author:	Low Choon Fui, Ong Chye Huat Simon, Wong Po Yuen Wong Shean Fwu
Other Authors:	Leong Choon Chiang
Format:	Final Year Project
Published:	2014
Subjects:	DRNTU::Business
Online Access:	http://hdl.handle.net/10356/57839
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Institution:	Nanyang Technological University

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spelling	sg-ntu-dr.10356-578392023-05-19T06:16:14Z Accounting and distribution of service changes in the hotel industry Low Choon Fui, Ong Chye Huat Simon, Wong Po Yuen Wong Shean Fwu Leong Choon Chiang Nanyang Business School DRNTU::Business 122 p, In 1996, the amount of service charges collected by gazetted hotels alone in Singapore is estimated at $182.97 million based on 10 percent of the total revenue. The research traces the evolution of service charge distributions in the hotel industry for the past three decades. The main portion of the research focuses on how the service charges are accounted and distributed in the hotel industry in Singapore. A hypothetical case study is used to examine the impact of the different systems on the financial statements. The research also discusses some of the qualitative factors being considered by the hotel management in deciding which system to adopt. To complete the mainstream analysis of the study and to give recognition to the numerous components of service charges, related aspects to this topic such as the wage structure and the role of National Wage Council (NWC) are briefly reviewed as well. The progress of this research and major constraints are discussed before recommendations on future developments are made at the end of the report. BUSINESS 2014-04-07T11:03:04Z 2014-04-07T11:03:04Z 1997 1997 Final Year Project (FYP) http://hdl.handle.net/10356/57839 Nanyang Technological University application/pdf
institution	Nanyang Technological University
building	NTU Library
continent	Asia
country	Singapore Singapore
content_provider	NTU Library
collection	DR-NTU
topic	DRNTU::Business
spellingShingle	DRNTU::Business Low Choon Fui, Ong Chye Huat Simon, Wong Po Yuen Wong Shean Fwu Accounting and distribution of service changes in the hotel industry
description	122 p,
author2	Leong Choon Chiang
author_facet	Leong Choon Chiang Low Choon Fui, Ong Chye Huat Simon, Wong Po Yuen Wong Shean Fwu
format	Final Year Project
author	Low Choon Fui, Ong Chye Huat Simon, Wong Po Yuen Wong Shean Fwu
author_sort	Low Choon Fui, Ong Chye Huat Simon, Wong Po Yuen Wong Shean Fwu
title	Accounting and distribution of service changes in the hotel industry
title_short	Accounting and distribution of service changes in the hotel industry
title_full	Accounting and distribution of service changes in the hotel industry
title_fullStr	Accounting and distribution of service changes in the hotel industry
title_full_unstemmed	Accounting and distribution of service changes in the hotel industry
title_sort	accounting and distribution of service changes in the hotel industry
publishDate	2014
url	http://hdl.handle.net/10356/57839
_version_	1770567645330931712

Accounting and distribution of service changes in the hotel industry

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