Hotel Financial Analysis
Number of pages:
8
ABSTRACT:
An 8 page paper discussing the financial results of a Hong Kong hotel following the terrorist attacks of September 11, 2001. The market already was soft before the attacks, then it disintegrated as much travel ceased. The hotel's management foresaw a slow recovery when establishing its budget for 2002, and it has been able to achieve some savings beyond even that which was budgeted. The paper concludes that the hotel needs to further cut costs in administration, and increase funding for promoting the hotel in order to attract a greater number of those fewer potential customers available in the current climate. Bibliography lists 5 sources.
FILE NAME:
File: CC6_KShotelFinAn.rtf
Send Me This Paper
Back to Papers