generally had offered people to get the maximum discount rate of 50% of the original price which was extremely risky for them. This policy is come from the quotation “The best solution is a cash flow to increase market share and to be funded daily. It is better to sell more tickets on discount rate than not to sell anything.” However, this was just suicidal for all the companies participated
hospitality industry and they are very famous companies in the United States. When we finished final project, our team will be able to understand about the airline industry generally.
According the CNN take about the safest airlines, we know that commercial aviation is one of the most heavily monitored industries in the world and statistically the much-cited comparison bears out: you are much
● Objective
- Background
Even though there are lots of different kinds of lodging properties, as a student, we tend to pay attention to only huge hotels with worldwide reputation. Our team would like to focus on relatively small hotel company, Zen Backpackers, which is getting popular among young visitors to Busan, and address its role as an accommodation in a famous tourism destination, Seom
General background and current trends of hotel industry
Characteristic of hotel industry
The hospitality industry consists of companies within the food services, accommodations, recreation, and entertainment sectors.
The hospitality industry is a several billion dollar industry that mostly depends on the availability of leisure time and disposable income. A hospitality unit such
hospitality. And we compare two companies in the industry. Specially, we concentrate on the companies’ financial statement because we have learned about accounting. We think that we can know the companies’ status or trend through the financial analysis
2. Reason for selecting the industry
The reason we selected the restaurant industry is that restaurant industry is showing improvements an