Wednesday, April 17, 2019
Financial Statement Analysis Assignment Example | Topics and Well Written Essays - 5000 words
Financial Statement Analysis - Assignment Examplehe financial information and data used for the analysis is extracted from the financial website () and published annual reports of the come with for the check 2010-2013. The findings are presented on the basis of the profitability financial ratios (indicators) that are used to determine the financial bearing and performance of the selected companies in the hospitality manufacture of UK. The master(prenominal) objective of the study is comparing the performance of the main fellowship with its major competitors in the industry. The financial analysis of the competitors allows determining prevailing trend in the industry that provides an insight of the performance of the company among its competitors. The structure of the present report is outlined as below worldwide Hotel Group is an American brand of luxurious hotel operating more than 183 hotels and resorts over sixty countries worldwide. It was initially realised by Pan America n World airways in Brazil 1946. However, Intercontinental Hotel Corporation was then change to Grand Metropolitan in 1981 in unite Kingdom. In addition, the company operates more than 4,000 franchised hotels in divergent countries (InterContinental Hotel Group PLC, 2014). In 2013, the World Travel Awards awarded Intercontinental Hotels & Resorts as the Worlds Leading Hotel discolouration 2013.Intercontinental Hotels and Resorts operate under different portfolios to meet diverse needs. The core competency of the company lies in its high quality growth that has addressed the needs and developing strong relation with its customers (InterContinental Hotel Group PLC, 2014). The company has sustained it edge in the industry through adaption of technology, strategic alignment and market demand that has positioned the company a major structural hotel to anticipate socio-economic trends. Despite slow growth in the GDP of United Kingdom and consumption patterns in recreational sectors, th e company has strived to attain strong market position in United Kingdom
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