The Journal of Hospitality Financial Management · 2005 · 45 citations · 20 references
ManagementBusiness EconomicsHospitality ManagementHospitality FinanceLodging OperationsRestaurant ManagementComparative Financial AnalysisHospitality OperationsBusiness SegmentsComparative Ratio AnalysisCross-sectional Return AnalysisFinancial Position RatiosHospitality Management AccountingRestaurant Financial RatiosTrend Ratio Analysis
ABSTRACT This study uses ratio analysis to examine salient financial trends within four major sectors of the hospitality industry for the 1997–2001 period—namely, the lodging, restaurant, airline, and amusement sectors. Cross-sectional analysis results indicate that, at least for the test period, eight out of thirteen financial ratios were statistically different across the four hospitality segments. As such, financial trends and cross sectional anomalies within the examined hospitality industry segments are better understood.
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