Financial Analysis: Hongkong and Shanghai Hotels
Number of pages:
10
ABSTRACT:
A 10 page paper discussing the financial results at this Hong Kong hotel group following the terrorist attacks of September 11, 2001. Room rates and occupancy rates were recovering slowly by the end of 1Q2002, and to the point that the hotels' management could have been justified in raising rates on its guest rooms. It chose to keep them lower, however, allowing it to better compete and to retain service levels of associated services such as restaurant and lounge operations. The paper discusses economic conditions before the attacks and the effects of the terrorist attacks on international travel. Bibliography lists 5 sources.
FILE NAME:
File: CC6_KShotFinAn2.rtf
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