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Measuring the hotels' performance using profitability ratios

2022Journal article Open access
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dc.contributor.authorSantos, Luís Lima
dc.contributor.authorGomes, Conceição
dc.contributor.authorMalheiros, Cátia
dc.contributor.authorCampos, Filipa
dc.date.accessioned2023-01-17T16:43:30Z
dc.date.available2023-01-17T16:43:30Z
dc.date.issued2022
dc.description.abstractThe hospitality industry in Portugal has grown significantly through the year 2019, making a significant contribution to the country's economy. However, with the emergence of the Covid-19 pandemic, this industry was severely damaged and saw its profitability affected. Thus, it becomes essential to evaluate the hotels’ performance, based on ratios and indicators that allow income to be related to other variables in the financial statements and thereby assist managers in the decision-making process. Thus, this study aims to measure the performance of Portuguese hotels through financial profitability ratios, more specifically the return on equity, return on assets and return on sales. The study, through a quantitative methodology, collected data from 2,008 hotels between 2016 and 2020, with the help of the SABI platform. Variables such as region, net income for the year, equity, financial costs and losses, total assets, operating income, and turnover were used to calculate and analyze the profitability ratios and the results were analyzed using SPSS software. The conclusions demonstrate how essential profitability is to inform hoteliers about performance. The Portuguese hotel industry, considered a driver of the country's economy, performs very well in terms of profitability indicators until the Covid-19 pandemic, a period that showed severe breaks in profitability and the need for extraordinary measures for recovery. It has become clear that the overall performance of hotels differs between regions, so the calculation of average profitability is crucial for hoteliers to effectively benchmark. This research has theoretical and practical contributions, as it supports the broadening of knowledge about financial ratios and managers' perceptions of the importance of their use in such a competitive industry. In addition, the study aims to fill a gap in the literature about the importance of analyzing hotel performance through profitability ratios in Portuguese hotel companies.pt_PT
dc.description.versioninfo:eu-repo/semantics/publishedVersionpt_PT
dc.identifier.citationLima Santos, L., Gomes, C., Malheiros, C., & Campos, F. (2022). Measuring the hotels' performance using profitability ratios. Academy of Accounting and Financial Studies Journal, 26(S6), 1-12.pt_PT
dc.identifier.issn1096-3685
dc.identifier.issn1528-2635
dc.identifier.urihttp://hdl.handle.net/10400.8/8016
dc.language.isoengpt_PT
dc.peerreviewedyespt_PT
dc.publisherAcademy of Accounting and Financial Studiespt_PT
dc.relationCentre for Tourism Research, Development and Innovation
dc.relation.publisherversionhttps://www.abacademies.org/articles/measuring-the-hotels-performance-using-profitability-ratios-15041.htmlpt_PT
dc.subjectHotels' performancept_PT
dc.subjectManagement accountingpt_PT
dc.subjectProfitability ratiospt_PT
dc.subjectHospitality industrypt_PT
dc.titleMeasuring the hotels' performance using profitability ratiospt_PT
dc.typejournal article
dspace.entity.typePublication
oaire.awardTitleCentre for Tourism Research, Development and Innovation
oaire.awardURIinfo:eu-repo/grantAgreement/FCT/6817 - DCRRNI ID/UIDB%2F04470%2F2020/PT
oaire.citation.endPage12pt_PT
oaire.citation.issueS6pt_PT
oaire.citation.startPage1pt_PT
oaire.citation.titleAcademy of Accounting and Financial Studies Journalpt_PT
oaire.citation.volume26pt_PT
oaire.fundingStream6817 - DCRRNI ID
person.familyNameLima Santos
person.familyNameGomes
person.familyNameMalheiros
person.familyNameCampos
person.givenNameLuís
person.givenNameConceição
person.givenNameCátia
person.givenNameFilipa Alexandra Gomes de
person.identifier1269004
person.identifier.ciencia-id1A1E-830E-DF42
person.identifier.ciencia-idDA19-611B-AFAB
person.identifier.ciencia-id6811-92A0-D316
person.identifier.ciencia-idFA10-3BC8-DBCC
person.identifier.orcid0000-0002-6652-7601
person.identifier.orcid0000-0001-5715-8384
person.identifier.orcid0000-0002-7674-4036
person.identifier.orcid0000-0002-1954-3940
person.identifier.ridF-4413-2017
person.identifier.scopus-author-id57196741324
project.funder.identifierhttp://doi.org/10.13039/501100001871
project.funder.nameFundação para a Ciência e a Tecnologia
rcaap.rightsopenAccesspt_PT
rcaap.typearticlept_PT
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