Ratio Analysis for the Hospitality Industry: A cross Sector Comparison of Financial Trends in the Lodging, Restaurant, Airline and Amusement Sectors

Authors

Woo Gon Kim
Baker Ayoun

Type of Submission

Refereed Article

Abstract

This study uses ratio analysis to examine salient financial trends within four major sectors of the hospitality industry for the 1997-2001 period – namely lodging, restaurants, airlines and the amusement sectors. Cross-sectional analysis results indicate that at least for the test period, eight out of thirteen financial ratios were statistically different across the four hospitality segments. As such, financial trends and cross sectional anomalies within the examined hospitality industry segments are better understood.

Recommended Citation

Kim, Woo Gon and Ayoun, Baker (2005) "Ratio Analysis for the Hospitality Industry: A cross Sector Comparison of Financial Trends in the Lodging, Restaurant, Airline and Amusement Sectors ," Journal of Hospitality Financial Management: Vol. 13: Iss. 1, Article 26.
Available at: https://scholarworks.umass.edu/jhfm/vol13/iss1/26