StudentShare
Contact Us
Sign In / Sign Up for FREE
Search
Go to advanced search...
Free

Quantitative Analysis for the Hospitality Industry - Article Example

Cite this document
Summary
The article "Quantitative Analysis for the Hospitality Industry" focuses on the critical analysis of the major issues in the quantitative analysis of the hospitality industry. Four Seasons Hotel and Resort is a five-star hotel in Canada. It is among the top hotels in the world…
Download full paper File format: .doc, available for editing
GRAB THE BEST PAPER93% of users find it useful
Quantitative Analysis for the Hospitality Industry
Read Text Preview

Extract of sample "Quantitative Analysis for the Hospitality Industry"

The Four Seasons Hotel and Resort provides a quarterly report for all the stakeholders as a means of reporting their performance. Through this report, the company tries to let its shareholders know how they have performed in the past time. The key matrixes provided are meant to compare the company’s performance presently with the previous year’s performance. After making their comparison, investors can therefore begin to gauge the financial credibility of the company (Weygandt and Jerry, 32).

This determines for the investors whether or not the company deserves its investment. The company provides the report to show to their stakeholders such things as their earnings per share, their net income as well as their earnings from continuing net sales and operations. The report also demonstrates to the investors that they are achieving their goals by displaying the present cost of each share and the profits obtained. The investors aim at making investments in a performing company. This is therefore demonstrated through the quarterly report of the company.

According to the report, one region shows a greater performance of financial growth than the others. Each region’s financial growth is determined by several factors. Management in each region is one of the key factors that would determine the financial growth of the region. Poor management of funds would lead to the region's failure in achieving its set goals for its financial growth. The availability of stable investors would as well contribute to the financial growth rate of a region. If there are poor investors who invest small amounts of funds in the company, the company is likely to register low growths in its resources. High demand would also contribute to high growth rates. If the company has marketed its opportunities well, it attracts more investors. The region would register high financial growths in the regions where labor and cost pressures are relatively low. The safety of a region may also determine the financial growth rate of a particular company. In a place of high crime rates, financial growth is lower while it is highest in regions of high security.

Group meetings did not improve in the quarter while the Las Vegas market was exceptional. This was because January and February are not strong months for business or groups and meetings demands. Cost management and revenue improvements increased while there was continued pressure on profit margins as a result of higher costs mainly relating to worker’s compensation Health care insurance and energy. Groups and meetings were therefore considered unnecessary by many stakeholders. Lack of commitment to working on them resulted in a lack of improvement (Weygandt and Jerry, 34).

Incentive fees increased by twenty-five percent in the first quarter as compared to the previous time and were attributable to an improvement in gross profits at the properties under management in all regions. The increase could be a result of more consultants who required ideas and information on improving their programs due to a lack of demand during January and February. This did not make the bottom line for all four seasons Hotel due to the changing demand by investors.

“Other income” is the income generated from activities that are not carried out in the normal course of the company’s business. It is the income for a company that is gotten from anything other than the company’s ordinary operations. It includes items such as profit from the sale of fixed goods and interests from the bank accounts of the company. Other income is not habitual and for that reason, it is not included in the company’s calculations of their loss or profits. For the first quarter of 2004, other income for the Four Seasons Hotel and Resort was $4.3 million while $4.6 million was obtained on foreign exchange gain which was an unrealized foreign exchange gain. Foreign exchange gains and losses arose from the translation to Canadian dollars. Read More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Assignment 2 Article Example | Topics and Well Written Essays - 750 words”, n.d.)
Assignment 2 Article Example | Topics and Well Written Essays - 750 words. Retrieved from https://studentshare.org/business/1489786-assignment
(Assignment 2 Article Example | Topics and Well Written Essays - 750 Words)
Assignment 2 Article Example | Topics and Well Written Essays - 750 Words. https://studentshare.org/business/1489786-assignment.
“Assignment 2 Article Example | Topics and Well Written Essays - 750 Words”, n.d. https://studentshare.org/business/1489786-assignment.
  • Cited: 0 times

CHECK THESE SAMPLES OF Quantitative Analysis for the Hospitality Industry

The qualitative and quantitative research paradigms and its underlying principles

The knowledge of the paradigm are acquired and approved through observation and analysis of the available ideas and facts.... Researchers have to come to touch with the subject under study to acquire data necessary in the analysis process.... The paper is based on explaining and analyzing the qualitative and quantitative research paradigms and its underlying principles as well as addressing the issue of different epistemological, ontological and methodological worldviews underpinning each of the two perspectives....
13 Pages (3250 words) Essay

The Concept of Quantitative and Qualitative Methods

quantitative analysis of defects in Malaysian university buildings: Providers' perspective This specific research investigation implements a qualitative methodology.... As such, quantitative methodologies generally involve statistical or mathematical models of data analysis.... analysis 1.... The paper "The Concept of quantitative and Qualitative Methods" suggests that research methods have long been a central form of investigation for scientists, philosophers, and thinkers....
12 Pages (3000 words) Essay

Hospitality Industry of UK

ver the period of the Human Resource era, the beginning was a little bit shaky for the hospitality industry.... the hospitality industry is very well established in the United Kingdom because of being one of the highest tourist turnovers around the world.... When human resources were realized with their value, conflicts arose all over the hospitality industry along with British Airways.... The paper "hospitality industry of UK" explains that British Airways is an air carrier Hospitality Company which operates in the United Kingdom with its headquarter in London....
15 Pages (3750 words) Essay

Analysis of the Quality of Service in the Hospitality Industry

The paper "Analysis of the Quality of Service in the hospitality industry" analysis the difference between customer experience and customer satisfaction.... the hospitality industry, of which catering services are no exception has experienced a lot of changes over the years.... Though universal appreciation for industry growth and demands arising due to the same remain generally constant, yet certain implications are different for certain countries and even states within countries (Miller, 1990)....
11 Pages (2750 words) Essay

Tourism and Hospitality Research

Research help players in the hospitality industry to understand the best ways provide services for customers.... I argue that despite the absence of perfect research, researchers should be objective, and provide information that is helpful for the tourism industry.... I also realized that in this industry, key sources of information... In Tourism and hospitality, research is a key component in evolvement of theory, advancement of new viewpoints as well as creation of antithesis for existing paradigms....
8 Pages (2000 words) Essay

Fair Trade Products as a Mean of Increasing Consumer Confidence in the Contract Catering Sector

This dissertation is fundamentally concerned about the methodology used in conducting the research as to how the use of fair trade products in the hospitality industry can lead to customer satisfaction.... The methodology is an explanation of the procedure connect in the field of consumer behavior with respect to fair trade products in the contract catering sector of the hospitality industry.... The main area of research in hospitality management is the Contract Catering sector....
8 Pages (2000 words) Research Proposal

HOSPITALITY OPERATIONS MANAGEMENT

With respect to hospitality management the key stages in product and service development are market research, segmentation, idea generation and evaluation, product and service development, and advertising Heineke, & Davis (2007).... For hospitality management it is necessary to identify what customers want before the development of any new product or service.... In the idea generation process especially for hospitality management the ideas can be collected from existing loyal customers, employees, media, and also from strong competitors Yu, (2012)....
11 Pages (2750 words) Case Study

Opportunities in the Hospitality Industry

This assignment "Opportunities in the hospitality industry" pertains to the importance of market research in the determination of consumer behavior in the hospitality industry.... the hospitality industry in any country such as the UK has acquired a lot of significance in any economy.... Any part of the hospitality industry such as theme parks, hotels regardless of their status, and restaurants try to maximize the number of visitors and the turnover of the business....
7 Pages (1750 words) Assignment
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Contact Us