Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Analyze and compare Hilton Hotels and Marriott International A recent annual report of Hilton Worldwide Holdings Inc. (HLT) and Marriott International Inc. (MAR) provided the

Analyze and compare Hilton Hotels and Marriott International

A recent annual report of Hilton Worldwide Holdings Inc. (HLT) and Marriott International Inc. (MAR) provided the following occupancy data for two recent years:

Year 2Year 1Hilton Hotels74.6%72.2%Marriott International73.3%71.3%

a. Is the change in the occupancy rate favorable or unfavorable for Hilton Hotels? Round your answers to one decimal place. The occupancy trend is

favorableunfavorable

for Hilton Hotels. The company improved occupancy from fill in the blank 2% to fill in the blank 3%, or a fill in the blank 4% point

increasedecrease

over the year.

b. Is the change in the occupancy rate favorable or unfavorable for Marriott International? Round your answers to one decimal place. The occupancy trend is

favorableunfavorable

for Marriott International. The company improved occupancy from fill in the blank 7% to fill in the blank 8%, or a fill in the blank 9% point

increasedecrease

over the year.

c. Which company has the stronger occupancy?

Hilton HotelsMarriott International

d. What additional information would supplement occupancy in evaluating the performance of these two hotels?

The average daily price for which room nights are soldThe brand imageThe prices of the additional facilities provided by the hotelThe proximity to the airport

.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Managerial Accounting Ba 213 At Central Oregon Community College

Authors: Albrecht

1st Edition

1111523622, 978-1111523626

More Books

Students also viewed these Accounting questions