Assessment of the Financial Position and Performance of a Chosen Company Operating in the Hospitality Industry

Danil Dudnikov

Bachelor's thesis

Abstract:

The aim of this bachelor thesis is to assess the financial position and performance of a chosen company operating in the hospitality industry by analyzing the company ́s financial statements with a focus on the representation and changes of the reported assets, liabilities, expenses, revenues, profit and cash-flow for a chosen period and to identify the potential financial problems and the most significant factors influencing the profit from the company and industry point of view. Methodology for the literature overview is based on data collection from the relevant legal framework, specialized publications and other written or online sources. The practical part of the thesis will be based on the information gained from the published annual reports of Accor group company on the selected time interval between 2019 and 2021. Vertical and horizontal analysis and ratio analysis of the financial statements will be used to assess the financial position and performance of the company and to prepare the practical part of the thesis. The methods of analysis, synthesis, comparison and deduction will be used to formulate the conclusions of the thesis. In general, the author formulates the opinion that the company has a good financial position, but due to the pandemic of the coronavirus, has a really bad financial performance, but it is expected that the situation will be improved by the year 2024.

Keywords

financial performance, financial position, balance sheet

Language used: English

Date on which the thesis was submitted / produced: 17. 4. 2023

Thesis defence

• Date of defence: 6. 2. 2024
• Supervisor: Ing. Enikö Lörinczová, Ph.D.
• Reader: Petra Šánová, Ph.D.

Czech University of Life Sciences Prague

Faculty of Economics and Management

Bachelor programme:
Business Administration