Ratio Analysis for the Hospitality Industry: A cross Sector Comparison of Financial Trends in the Lodging, Restaurant, Airline and Amusement Sectors RATIO ANALYSIS FOR THE cordial reception INDUSTRY: A CROSS SECTOR COMPARISON OF financial TRENDS IN THE LODGING, RESTAURANT, AIRLINE AND AMUSEMENT SECTORS Woo Gon Kim and Baker Ayoun ABSTRACT This battleground uses ratio analysis to examine salient financial trends within four major sectors of the hospitality industry for the 1997-2001 period videlicet lodging, restaurants, airlines and the 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. Introduction Evidence exists that since the late 1800s, ratio analysis has been astray used in the... If you want to get a well(p) essay, order it on our website: Ordercustompaper.com
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