مجلة العلوم الإدارية والمالية
Volume 4, Numéro 3, Pages 191-204
2020-12-31
An Analytical Study Of The Financial Performance Of A Luxury Hotel Startup In Southern Algeria: The Case Of The Golden Gazelle Hotel – Eloued, Algeria
Authors : Bougoffa Mouhyddine . Korichi Kheyreddine .
Abstract
In this study we investigate the financial performance situation of the hotel service in a luxurious hotel in southern Algeria, through an analytical study by the measuring of profitability, liquidity, debt ratio in the period between 2013-2017. We have concluded that the profitability position shows an increasing trend till 2012. But in the last two years the ratio was negative because the hotel has recorded a deficit. While liquidity, is at highest level in 2010 and it begins a decreasing trend from till 2015. While, the Debt is at its lowest level in 2010, the ratio begins a increasing trend in 2011 and 2012 where records its highest level.
Keywords
financial performance ; profitability ; liquidity ; hotel ; southern Algeria
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