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The Relationship between Financial Performance and Managerial Accounting Variables in the Hotel Industry  

Kim, Hyojin (Dept. of Tourism & Convention, Busan National University)
Publication Information
Culinary science and hospitality research / v.21, no.5, 2015 , pp. 214-220 More about this Journal
Abstract
This study examines whether the two variables that encompass the number of rooms sold and occupancy, as independent variables, positively affect a total of revenue generated from the hotel industry. Using a simple regression analysis and a standard multiple regression analysis, the study evaluates if the two independent variables play an important role in influencing a total of revenue in the hotel industry. A finding tells that researchers need consider a removal of the occupancy rate for a better and accurate prediction. It is expected that this study will contribute to a theoretical development of a study group that focuses on what determinants enable to improve a financial performance in the hotel sector.
Keywords
revenue; room sold; occupancy; hotel industry;
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