Abstract

Due to the epidemic, as well as the implementation of restrictions, the hotel industry has had a significant impact. Taking Hyatt Hotel as the entry point, this paper analyzed Hyatt Hotel's operating status and recovery from the epidemic by comparing the important accounting elements and financial ratio in different dimensions with the other three hotels, based on the financial data from their annual reports (Intercontinental Hotels Group, Carnival Corporation, and H World Group). Through the research, it is found that with the reduction of the restrictive policy, Hyatt recovered well from the epidemic, especially in the factors of net income gained the highest profit among the peers, and the ROE which has a much higher level than its peers at the same time they maintain a low long-term debt ratio. Also, its comprehensive operating condition was greater than that of its peers. However, there are still opportunities and challenges in the future, and it still needs to wait and see what happens next.

Full Text
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