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Analyze and compare Hilton Hotels and Marriott International The annual reports of Hilton Worldwide Holdings Inc. (HLT) and Marriott International Inc. (MAR) for 2019 and
Analyze and compare Hilton Hotels and Marriott International The annual reports of Hilton Worldwide Holdings Inc. (HLT) and Marriott International Inc. (MAR) for 2019 and 2020 show the following occupancy data showing the effect of occupancy at the start of the COVID-19 pandemic: 2020 Hilton Hotels Marriott International 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 unfavorable for Hilton Hotels. Occupancy for Hilton decreased from % to decrease over the year. 2019 40.3% 31.4% Feedback 75.7% 73.7% 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 unfavorable for Marriott International. Occupancy for Marriott decreased from over the year. % to % point decrease c. Which company has the stronger occupancy? Hilton Hotels d. What additional information would supplement occupancy in evaluating the performance of these two hotels? The average daily price for which room nights are sold Check My Work Consider the relationship between occupancy rate and average room price. %, or a %, or a % point
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