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Archana Choudhary

Archana Choudhary (Querist)
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02 January 2011 whats the best way as a C.A. to enter Hospitality Industry to work in Finance field?

CA SURENDRA KUMAR RAKHECHA

CA SURENDRA KUMAR RAKHECHA (Expert)
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02 January 2011 First of all join one Hotel and see all the activities carefully.

You have to see the peak season and its fund requirements and lean season and funds remain idle.

Also see the future expansion plans of the Hotel.

Generally hotels require Term Loans for the construction of hotel and its facilities.

Hence one has to ensure the occupancy ratio and accordingly decide to avail the finance looking to the promoters' contribution.