MBA in Hospitality Finance The Real-World Guide to Hotel & Resort Profitability Integrating the Financial Fundamentals of Successful Hotels & Resorts Most hotels don’t fail because of the market. They fail because the fundamentals were never aligned. Across boutiques, luxury resorts, lifestyle hotels, distressed turnarounds, and large urban properties, one pattern repeats: good intentions are defeated by weak financial discipline, vague strategy, and unrealistic assumptions. MBA in Hospitality Finance is the antidote to that problem. Written by hospitality executive and author John Canavan , this book is a field manual for operators, owners, and aspiring leaders who want to understand how hotels actually work financially—and why so many struggle despite strong revenue. This is not an academic text or a theoretical MBA course. This is real-world hospitality finance. What You’ll Learn Inside • The financial illusions that mislead owners & operators From EBITDA myths to deceptive P&L optics, you’ll learn why the numbers often look “fine” while the hotel is quietly bleeding cash. • Flow-Through: the single most important metric in hospitality finance If you manage hotels without mastering flow-through, you’re flying blind. • How to forecast with precision—not hope Discover how disciplined forecasting prevents cash-flow crises, labor overspend, and rate erosion. • Why most pro formas are dangerously inaccurate And how flawed assumptions doom hotels long before opening day. • Operational finance for every major department Housekeeping, F&B, Engineering, Front Office, Revenue, Marketing—each chapter reveals how financial truth and operational behavior intersect. • The hidden costs of poor construction, cheap FF&E, and deferred CapEx A hotel’s destiny is shaped before the first guest arrives. • Segment-specific lessons & case studies Luxury, boutique, midscale, lifestyle, resort, and limited service—each has unique financial pitfalls and advantages. • The real reason Las Vegas is the perfect example of financial fantasy And why operators everywhere must learn from its cyclical failures. • The blueprint for financially disciplined hotel management A complete framework tying forecasting, labor, revenue strategy, CapEx, guest experience, and owner alignment into one unified system. Who This Book Is For ✓ General Managers who want to elevate from operational leadership to true financial command ✓ Owners & Developers who need clarity behind what drives (and destroys) profitability ✓ Asset Managers & Executives seeking a practical guide rooted in real-world hotel performance ✓ Hospitality Students & Future Leaders who want to understand the business beyond textbooks ✓ Anyone tired of mediocre hotel performance and vague financial explanations Why This Book Matters Hospitality has become saturated with templates, jargon, and corporate slogans—but true financial mastery remains rare . This book teaches the discipline that most operators never learn: Clarity over complexity. Precision over hope. Profit over projection. Truth over convenience. If you want to run hotels by design—not by accident—this is the guide you’ve been waiting for. About the Author John Canavan is a seasoned hospitality leader who has managed independent hotels, luxury resorts, lifestyle properties, distressed assets, and large-scale urban operations. His work focuses on operational transformation, financial clarity, and disciplined leadership. He is also the author of multiple books on leadership, personal development, and the future of hospitality.