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Articles 1 - 2 of 2
Full-Text Articles in Business
Financial Failure In The Hospitality Industry, Edward M. Tavlin, Elisa S. Moncarz, Deb Dumont
Financial Failure In The Hospitality Industry, Edward M. Tavlin, Elisa S. Moncarz, Deb Dumont
Hospitality Review
The hospitality industry (especially the restaurant segment) has a historically high rate of financial failures. Yet, financial failure in the industry has not received the attention it deserves. In this article, the authors identify basic reasons underlying failed ideas while presenting a study of several hospitality chains that have experienced varying degrees of financial failure. The characteristics and pitfalls of these companies provide the necessary groundwork to explore major lessons to be learned which should aid hospitality management to aviod future business failures.
Financial Ratios: Perceptions Of Lodging Industry General Managers, And Financial Executtves, Raymond S. Schmidgall Ph.D., Cpa
Financial Ratios: Perceptions Of Lodging Industry General Managers, And Financial Executtves, Raymond S. Schmidgall Ph.D., Cpa
Hospitality Review
Financial ratios are the most meaningful information in financial statements to executives and managers. The author analyzes the results of two surveys designed to rank the degree of importance and usefulness of these ratios to several user groups.