• Vanishree G K
• Dr. S shankarappa

Due to the worldwide industrial development, economic growth of tourists producing nations increased earnings of individuals and improved transport and communication means, and there is a massive potential for the growth of tourism and hospitality industry in India. The service sector in India over the past few years has been mushrooming for the promotion of yoga and meditation, rural tourism, sports tourism, medical tourism and adventure tourism. Furthermore, the Incredible India campaign rendered by the government of India has featured India on the world tourism map. Tourism inflow into Karnataka ranks high in terms of attracting the domestic tourist, heritage tourist, medical tourists and adventure tourists and is thereby working towards creating a tourism industry that provides a quality experience and is affordable. However, this industry is also facing challenges such as increasing competition, low occupancy rate, high rates, fuel shortage, increasing cost and so forth, thus affecting the profitability of the hotel industry in Karnataka. Knowing the fact that Karnataka holds a positive hospitality and tourism industry, it is necessary for the star hotels in Karnataka to manage its available resources optimally in order to enhance the profitability to a more considerable extent. Consequently, it is crucial for hoteliers to manage working capital management in Karnataka. Therefore, the current review paper primarily aims to explore and highlight the working capital management profitability for the star hotels in Karnataka

working capital, star hotel, financial performance, finance and financing, credit policies

"A study of working capital management in star hotels of karnataka (review of literature)", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.6, Issue 6, page no.413-422, June 2019, Available :http://www.jetir.org/papers/JETIR1906Z59.pdf

"A study of working capital management in star hotels of karnataka (review of literature)", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.6, Issue 6, page no. pp413-422, June 2019, Available at : http://www.jetir.org/papers/JETIR1906Z59.pdf