Changes in the Hotel Industry’s Financial Picture

  • June 22, 1999
  • • Written by: Sean F. Hennessey

Summer 1999, Vol 24, No 2

Abstract: The hotel industry has undergone a tremendous turnaround in profitability during the 1990s. The improvement in market fundamentals and changes in technology have had strong impacts on every property’s financial statement. This articles presents a primer on some important areas for counselors to evaluate the performance of lodging facilities.