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Profitability Study Based On The Analysis Of The Hotel Sector's Indebtedness.

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Title: Profitability Study Based On The Analysis Of The Hotel Sector's Indebtedness.
Authors: Figueroa Ávila, Mónica Inés1 monicafigueroa@ufps.edu.co, Contreras Caceres, Maria Esmeralda2 mariaesmeraldacc@ufps.edu.co, Davila Perez, Marvin Vladimir3 marvinvladimirdp@ufps.edu.co
Source: Journal of Language & Linguistics Studies. 2022, Vol. 18 Issue 3, p513-522. 10p.
Subject Terms: Debt, Financial performance, Profitability, Cost control, Hotels
Geographic Terms: Venezuela
Abstract: The hotel sector is a sector that during periods where the contexts of the Colombian-Venezuelan frontier was a very dynamic sector, this research article, pursued the objective of studying the indebtedness index and also to summarize the indicators of efficiency, efficacy, effectiveness and growth, through accounting information and the results of a field work. The research had a descriptive and quantitative methodology, since it describes a phenomenon through the measurement of indicators proposed for the fulfillment of the research objectives. In this research it is found that the hotel sector increased its effectiveness despite the drop in hotel occupancy, supported by the improvement of efficiency in its operating cycle and efficacy in the management of costs and expenses. Situations external to the sector, such as the ongoing crisis with Venezuela, are one of the main factors influencing its financial performance. However, there is optimism in the hotel sector and the climate of confidence for new investments has increased. [ABSTRACT FROM AUTHOR]
Copyright of Journal of Language & Linguistics Studies is the property of Journal of Language & Linguistics Studies and its content may not be copied or emailed to multiple sites without the copyright holder's express written permission. Additionally, content may not be used with any artificial intelligence tools or machine learning technologies. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)
Database: Education Research Complete
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  Data: Profitability Study Based On The Analysis Of The Hotel Sector's Indebtedness.
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  Data: <searchLink fieldCode="AR" term="%22Figueroa+Ávila%2C+Mónica+Inés%22">Figueroa Ávila, Mónica Inés</searchLink><relatesTo>1</relatesTo><i> monicafigueroa@ufps.edu.co</i><br /><searchLink fieldCode="AR" term="%22Contreras+Caceres%2C+Maria+Esmeralda%22">Contreras Caceres, Maria Esmeralda</searchLink><relatesTo>2</relatesTo><i> mariaesmeraldacc@ufps.edu.co</i><br /><searchLink fieldCode="AR" term="%22Davila+Perez%2C+Marvin+Vladimir%22">Davila Perez, Marvin Vladimir</searchLink><relatesTo>3</relatesTo><i> marvinvladimirdp@ufps.edu.co</i>
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  Data: <searchLink fieldCode="JN" term="%22Journal+of+Language+%26+Linguistics+Studies%22">Journal of Language & Linguistics Studies</searchLink>. 2022, Vol. 18 Issue 3, p513-522. 10p.
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  Data: <searchLink fieldCode="DE" term="%22Debt%22">Debt</searchLink><br /><searchLink fieldCode="DE" term="%22Financial+performance%22">Financial performance</searchLink><br /><searchLink fieldCode="DE" term="%22Profitability%22">Profitability</searchLink><br /><searchLink fieldCode="DE" term="%22Cost+control%22">Cost control</searchLink><br /><searchLink fieldCode="DE" term="%22Hotels%22">Hotels</searchLink>
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  Label: Geographic Terms
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  Data: <searchLink fieldCode="DE" term="%22Venezuela%22">Venezuela</searchLink>
– Name: Abstract
  Label: Abstract
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  Data: The hotel sector is a sector that during periods where the contexts of the Colombian-Venezuelan frontier was a very dynamic sector, this research article, pursued the objective of studying the indebtedness index and also to summarize the indicators of efficiency, efficacy, effectiveness and growth, through accounting information and the results of a field work. The research had a descriptive and quantitative methodology, since it describes a phenomenon through the measurement of indicators proposed for the fulfillment of the research objectives. In this research it is found that the hotel sector increased its effectiveness despite the drop in hotel occupancy, supported by the improvement of efficiency in its operating cycle and efficacy in the management of costs and expenses. Situations external to the sector, such as the ongoing crisis with Venezuela, are one of the main factors influencing its financial performance. However, there is optimism in the hotel sector and the climate of confidence for new investments has increased. [ABSTRACT FROM AUTHOR]
– Name: AbstractSuppliedCopyright
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  Data: <i>Copyright of Journal of Language & Linguistics Studies is the property of Journal of Language & Linguistics Studies and its content may not be copied or emailed to multiple sites without the copyright holder's express written permission. Additionally, content may not be used with any artificial intelligence tools or machine learning technologies. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract.</i> (Copyright applies to all Abstracts.)
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      – Code: eng
        Text: English
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      Pagination:
        PageCount: 10
        StartPage: 513
    Subjects:
      – SubjectFull: Debt
        Type: general
      – SubjectFull: Financial performance
        Type: general
      – SubjectFull: Profitability
        Type: general
      – SubjectFull: Cost control
        Type: general
      – SubjectFull: Hotels
        Type: general
      – SubjectFull: Venezuela
        Type: general
    Titles:
      – TitleFull: Profitability Study Based On The Analysis Of The Hotel Sector's Indebtedness.
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            NameFull: Figueroa Ávila, Mónica Inés
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            NameFull: Contreras Caceres, Maria Esmeralda
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          Name:
            NameFull: Davila Perez, Marvin Vladimir
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            – D: 01
              M: 07
              Text: 2022
              Type: published
              Y: 2022
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