분야
zipIntroduction
Hyatt Hotel Corporation
Marriott Corporation
Financial Analysis
1) Liquidity Ratio
(1) Current ratio
(2) Acid test ratio
(3) Operating cash flow to current liabilities
(4) Account receivable turnover
(5) Average Collection period
(6) Inventory turnover
2) Solvency Ratio: Degree of indebtedness
(1) Debt ratio
(2) Debt- equity ratio
(3) Long-term debt to total capitalization ratio
-Coverage Ratio
(1) Number of time interest earned ratio
(2) Operating cash flows to interest expense
3) Activity ratios
(1) Total asset turnover
(2) Fixed asset turnover ratio
4) Profitability ratios
(1) Goss profit margin
(2) Operating profit margin
(3) Net profit margin
(4) Return on assets
(5) Return on equity
(6) Earning per share
Conclusion
Reference
Appendix
On August 6, 2009, it was reported that Hyatt Hotels Corporation filed plans to raise up to $1.15 billion in an initial share sale. Hyatt plans to list the shares on the New York Stock Exchange under the symbol H. According to the filing, Mark S. Hoplamazian will serve as CEO and Thomas Pritzker will serve as Executive Chairman. The public offering is a result of the breakup of the Pritzker family empire. Accused of looting family trusts, Thomas and Cousins Penny and Nicholas were forced to wrest control of the family businesses when she and other family members were sued by Cousin Liesel Pritzker claiming fraud and seeking damages in excess of $6 billion.
On August 31, 2009 three Hyatt hotels in Boston laid off their entire housekeeping staffs, outsourcing the work to a Georgia company creating strong public backlash.[10]Massachusetts Governor Deval Patrick threatened a boycott of the hotels by state employees traveling on official business. The housekeepers, who were fired without previous notice although some of them had worked for the Hyatt for over 20 years, became collectively known as the Hyatt 100. In December, 2009, Hyatt was named the "Massachusetts Scrooge of the Year" by Jobs with Justice. As of December 31, 2010, Hyatt Hotels Corporation's worldwide portfolio consisted of 453 properties
Hyatt Hotels Corporation operates several chains. The Hyatt Regency brand is the oldest brand in the company, with the Grand Hyatt and Park Hyatt brands being introduced in 1980. Of these properties, some are styled as "resort" properties, and may feature spas or other recreational facilities. Other brands include the Hyatt Place, designed as a limited service offering targeted to the business traveler. An extended stay chain, Summerfield Suites, was acquired by Hyatt in 2005, and features 34 locations in the United States. Hyatt also launched a new brand, Andaz, in April 2007. The first hotel to bear this brand was The Great Eastern Hotel in London, with additional properties now open in San Diego, West Hollywood, and New York City (Andaz Wall Street & Andaz 5th Avenue). Hyatt recently announced a large expansion of the Andaz brand, with properties expected to open in Shanghai, Maui, Papagayo (Costa Rica), Turks and Caicos, Amsterdam, and Delhi.
In addition to hotels, Hyatt also operates an upscale timeshare program through Hyatt Vacation Ownership, Inc. The program is known as Hyatt Vacation Club. It currently has over a dozen locations, some of which are located within or connected to Hyatt hotels. Additionally, the group runs a chain of upscale retirement homes known as Vi Living by Hyatt and offers retail home décor and furnishings through Hyatt at Home, an online store featuring luxury products.
Brands explained:
Park Hyatt is Hyatt's luxury brand. Park Hyatt hotels are mid-sized properties located only in premier destinations and cater to affluent individuals.
Andaz hotels are upscale, boutique-inspired lifestyle properties that distill the best of their locale.
Grand Hyatt hotels are large-scale hotels that provide upscale accommodations in major cities.
Hyatt Regency hotels are aimed at convention and business travelers as well as leisure travelers and are located in urban, suburban, airport, convention and resort destinations around the world.
Hyatt hotels are smaller-to-mid-sized properties located in various markets across the United States, serving business and leisure travelers.
Hyatt Place hotels are mid-sized properties designed for families and business travelers; they are located in urban, airport and suburban areas.
Hyatt Summerfield Suites properties are extended-stay, residential-style hotels.
Hyatt Resorts are vacation destination properties, including beach, mountain, desert, golf and spa properties across the Park Hyatt, Andaz, Grand Hyatt, Hyatt Regency, and Hyatt brands.
Hyatt Vacation Club properties provide members with timeshare ownership in residential-style properties with the same service of the Hyatt brand.
-Marriott Corporation
Marriott International, Inc. operates and franchises hotels and related lodging facilities worldwide. (The headquarter is located in Bethesda, Maryland, United States) It operates and franchises hotels and resorts under various brands Founded by J. Willard Marriott in 1927. J. Willard Marriott and his wife opened a root beer stand in Washington D.C. They later expanded their enterprises into a chain of restaurants and hotels. The company is now led by son J.W. (Bill) Marriott, Jr. Mar
- www.marriott.com
- En.wikipedia.org/wiki/Marriott_International
- Finance.yahoo.com
- www.novelguide.com
- www.Hyatt.com
- En.wikipedia.org/wiki/Hyatt_corporation
- www.google.com/finance
- www.morningstar.com
