UGC Approved Journal no 63975(19)

ISSN: 2349-5162 | ESTD Year : 2014
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Published in:

Volume 6 Issue 6
June-2019
eISSN: 2349-5162

UGC and ISSN approved 7.95 impact factor UGC Approved Journal no 63975

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Published Paper ID:
JETIR1907E72


Registration ID:
221954

Page Number

504-514

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Title

AN ANALYTICAL STUDY ON PROFITABILITY OF SELECTED INDIAN HOTELS

Abstract

Studies on Hospitality and hotel industry have been conducted in other countries like Bangladesh, Pakistan, Greece but very few in India. Moreover when it comes to hotel industry, researchers have mainly focused on Customers’ satisfaction, problems and prospects, financial challenges, foreign exchange earnings etc aspects and only a few researchers have focused on performance measurement. Studies have been conducted on lodging industry, travel agencies too. The Indian tourism and hospitality industry has emerged as one of the key drivers of growth amid the services sector in India. Growing affluence, potential for economic growth, increases in disposable incomes and the burgeoning middle class are expected to drive both leisure and business travel in the coming years. Here in this study, to check the financial performance of selected hotels, profitability ratios of five hotels listed on BSE/NSE i.e., IHCL, EIH, MHR, HLV, ITDC are taken for the study of ten years commencing on 2008-09 and ending on 2017-18. By using statistical tool ANOVA, hypotheses are tested. Based on analysis and interpretation of profitability data, remedial measures are suggested.

Key Words

Profitability, Profit, Hotel, IHCL, EIH, MHR, HLV, ITDC

Cite This Article

"AN ANALYTICAL STUDY ON PROFITABILITY OF SELECTED INDIAN HOTELS", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.6, Issue 6, page no.504-514, June 2019, Available :http://www.jetir.org/papers/JETIR1907E72.pdf

ISSN


2349-5162 | Impact Factor 7.95 Calculate by Google Scholar

An International Scholarly Open Access Journal, Peer-Reviewed, Refereed Journal Impact Factor 7.95 Calculate by Google Scholar and Semantic Scholar | AI-Powered Research Tool, Multidisciplinary, Monthly, Multilanguage Journal Indexing in All Major Database & Metadata, Citation Generator

Cite This Article

"AN ANALYTICAL STUDY ON PROFITABILITY OF SELECTED INDIAN HOTELS", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.6, Issue 6, page no. pp504-514, June 2019, Available at : http://www.jetir.org/papers/JETIR1907E72.pdf

Publication Details

Published Paper ID: JETIR1907E72
Registration ID: 221954
Published In: Volume 6 | Issue 6 | Year June-2019
DOI (Digital Object Identifier): http://doi.one/10.1729/Journal.22266
Page No: 504-514
Country: JAMNAGAR, GUJARAT, India .
Area: Commerce
ISSN Number: 2349-5162
Publisher: IJ Publication


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