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dc.contributor.author
Ziskos, Charilaos
en
dc.date.accessioned
2019-03-04T09:55:17Z
dc.date.available
2019-03-05T01:00:16Z
dc.date.issued
2019-03-04
dc.identifier.uri
https://repository.ihu.edu.gr//xmlui/handle/11544/29243
dc.rights
Default License
dc.title
Financial Analysis for public Greek hospitality sector companies
en
heal.type
masterThesis
en_US
heal.keywordURI.LCSH
Hotels--Finance
heal.keywordURI.LCSH
Hospitality industry
heal.keywordURI.LCSH
Hospitality industry--Finance
heal.language
en
en_US
heal.access
free
en_US
heal.license
http://creativecommons.org/licenses/by-nc/4.0
en_US
heal.recordProvider
School of Economics, Business Administration and Legal Studies, MSc in Hospitality and Tourism Management
en_US
heal.publicationDate
2019-01-15
heal.abstract
The purpose of this dissertation is to examine the financial performance of the forty largest hotel companies in Greece. One of the most significant parts of businesses is their financials and it is the part of a business that makes everything else flourish, especially in such an important sector for the Greek economy, tourism. Talking a look at Greece’s GDP and its correlation with tourism, it is shown that the first was highly influenced by the second. Furthermore, it is important to identify the potential shift in the financial position of the companies during the years under analysis and the general state of the sector as a whole. In order to examine these changes, data from the hotels with the highest revenue were used for the years 2013 to 2017. Calculating a wide range of ratios (Current ratio, ROA,ROE) and analyzing key financial figures (Assets, Profits, Losses, Debt and Equity) for those companies we found and presented the changes over the years and presented the most significant. Finally, the results of the financial analysis identify many problems that the hotel sector faces or may face in the future, and proposes suggestions to normalize or eliminate those problems.
en
heal.advisorName
Grose, Chris
en
heal.advisorID
Professor
en_US
heal.committeeMemberName
Grose, Chris
en
heal.academicPublisher
IHU
en
heal.academicPublisherID
ihu
en_US
heal.numberOfPages
47
en_US


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