Author(s)

Ran Qin ¹

Affiliation(s)

¹ Shihezi Cultural and Tourism Investment Group Co., Ltd., Shihezi, 832000, China

Corresponding Author

Ran Qin

ABSTRACT

This study explores the characteristics of financial management in the tourism industry, including seasonality and uncertainty, cost control, fund management, and tax regulations. The research finds that financial management in the tourism industry faces unique challenges and needs to adapt to industry-specific characteristics and cope with seasonal fluctuations. Effective financial planning, cost management, and investment decisions are crucial for maintaining financial health. In addition, compliance with tax regulations and regulatory requirements is also vital for business success. A thorough understanding of the financial management characteristics of the tourism industry provides important guidance for industry practitioners and decision-makers.

KEYWORDS

Financial management, tourism financial management, market analysis

CITE THIS PAPER

Ran Qin, Exploration on the characteristics of tourism financial management. Tourism Management and Technology Economy (2023) Vol. 6: 111-118. DOI: http://dx.doi.org/10.23977/tmte.2023.060716.

REFERENCES

[1] Shi, H. F. (2023). Research on Improvement of Budget Management for Construction Management Fees Based on the Perspective of Business and Finance Integration: A Case Study of GD Company. Financial Management Research, (08), 47-55.
[2] Guo, S. N. (2023). Value Chain Cost Management of Yili Group Based on Strategic Positioning. Financial Management Research, (08), 38-42.
[3] Hu, A. A. (2023). Application of Government Data Openness Assessment System in the Tourism Industry: A Case Study of Shanghai, Zhejiang, Guangdong, Fujian, and Shenzhen Data Open Platforms. Tourism Research, 15(04), 1-13.
[4] Zhu, H. B. (2023). Research on the Construction of Resilience Capability of the Tourism Industry in the New Development Stage: Connotation, Dilemmas, and Enhancement Paths. Tourism Overview, (11), 188-190.
[5] Guo, Y. F. (2023). Limitations of the Study and Future Research Directions. Western Tourism, (12), 97-99.

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