A Sector Report - Hotels/Lodging and Restaurants
- Topics:
- Restaurants
- Source:
- Crossroads Systems
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Overview: Hospitality-related business sectors are inextricably linked to business cycles, and therefore to consumers' disposable or discretionary consumer income. This paper explores two major components of the Hospitality sector?Hotels/Lodging and Restaurants?and provides an overview as to how operators have been impacted in the current economic environment. The financial performance of the business sectors under review is inextricably linked to business cycles. Among the plethora of barometers of these cycles are employment trends, consumer sentiment, real disposable income, and mortgage refinancing activity. These all provide indication of discretionary income as well as some hint of overall consumer confidence in the health of the economy.
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Format: PDF | Size: 201KB | Date: May 2002 | Pages: 20




