Examine the Trend Report on p. 71 (Ch. 3) of Hospitality Financial Management. Explain the importance of the trend analysis document. In what ways will this information aid the business owner? Is this information really necessary, or can a hotel owner be successful without it? Explain your reasoning. What additional information do you feel is important enough to add to this report? Is there any information you would take out to make it easier to understand?
Sunday 9 March 2014
How would you describe a ratio analysis?
How would you describe a ratio analysis? Is each of its
components necessary? Which of the figures would you identify as being
more beneficial for the general manager of a major hotel? Why are these
figures so important?
Examine the Trend Report on p. 71 (Ch. 3) of Hospitality Financial Management. Explain the importance of the trend analysis document. In what ways will this information aid the business owner? Is this information really necessary, or can a hotel owner be successful without it? Explain your reasoning. What additional information do you feel is important enough to add to this report? Is there any information you would take out to make it easier to understand?
Examine the Trend Report on p. 71 (Ch. 3) of Hospitality Financial Management. Explain the importance of the trend analysis document. In what ways will this information aid the business owner? Is this information really necessary, or can a hotel owner be successful without it? Explain your reasoning. What additional information do you feel is important enough to add to this report? Is there any information you would take out to make it easier to understand?
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