Financial Performance Analysis of major hotel chains in Poland, Finland, and United Kingdom during 2017-2019
Mrowinska, Justyna (2020)
2020
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Julkaisun pysyvä osoite on
https://urn.fi/URN:NBN:fi:amk-2020120726606
https://urn.fi/URN:NBN:fi:amk-2020120726606
Tiivistelmä
This thesis is focusing on analysing hotel chains in Poland, United Kingdom, and Finland. The chosen hotel chains are the leading companies in mentioned countries. The analysis was based on years 2017- 2019. This work aimed to evaluate the financial performance of the leading hotel chains to examine the financial decision's role in companies' overall performance. It analyzed financial ratios and capital structure to understand the industry benchmark and the overall growth of the hotel industry. The condition of companies was assessed.
Theoretical framework presented necessary information to achieve concluding proper financial analysis and give quality recommendation. The framework included financial theory like financial statement, financial statement analysis and key performance indicators. The theory also included different ways of conducting analysis. Key financial ratios that were used to do analysis contain debt or laverage, turnover, profitability and liquidity ratios. Quantitative method and desktop research were used to do the research. Financial statements of companies were examined and explained. The research from men-tioned analysis were presented in following chapter.
In conclusion, key findings shows hotel industry has seen very good economic conditions over the past few years. The continued interest of both international and domestic tourists in hotel investments is highly profitable. It is not without reason that many world-famous hotel brands have appeared or resumed their activities. There are more and more invest-ments in the hotel segment. The supply is currently under construction, and thus the com-petition is considerable, which is why they compete in various types of incentives for poten-tial buyers. When the market faces a slowdown, some operators may not be able to deliver on their promises.
Theoretical framework presented necessary information to achieve concluding proper financial analysis and give quality recommendation. The framework included financial theory like financial statement, financial statement analysis and key performance indicators. The theory also included different ways of conducting analysis. Key financial ratios that were used to do analysis contain debt or laverage, turnover, profitability and liquidity ratios. Quantitative method and desktop research were used to do the research. Financial statements of companies were examined and explained. The research from men-tioned analysis were presented in following chapter.
In conclusion, key findings shows hotel industry has seen very good economic conditions over the past few years. The continued interest of both international and domestic tourists in hotel investments is highly profitable. It is not without reason that many world-famous hotel brands have appeared or resumed their activities. There are more and more invest-ments in the hotel segment. The supply is currently under construction, and thus the com-petition is considerable, which is why they compete in various types of incentives for poten-tial buyers. When the market faces a slowdown, some operators may not be able to deliver on their promises.