IDEAS home Printed from https://ideas.repec.org/a/jfr/ijfr11/v7y2016i4p180-189.html
   My bibliography  Save this article

Financial Statement and Competitiveness Analysis: A Study on Tourism & Hospitality Industry in Bangladesh

Author

Listed:
  • Tanvir Mohammad Hayder Arif
  • Kazi Noor-E- Jannat
  • S.M. Rakibul Anwar

Abstract

The core objective of this paper is to uplift the feasibility of hotel industry of Cox¡¯s Bazar of Bangladesh. Here the analysis of the financial statement of the most standard hotel has been made. Standard methods are used to collect information. Both primary and secondary sources are used. For research purpose financial information of five popular local hotel of Cox¡¯s Bazar, Hotel the Seagull, The Cox Today, The Ocean Paradise, The Sayman and The long Beach hotel has been collected. Firstly, in the literature review, the importance of financial performance analysis using different financial statement and uses of ratio analysis has been shown. Financial statements of hotels of Cox¡¯s Bazar are mainly used to orchestrate this research. The findings show the performance of the hotel industry over the last five years. Here gradually hotel industry performing well compared to the previous years. Ratio analysis and trend analysis conducted to analyze the financial position and feasibility of hotel industry. This research has shown the enlightening and profitable future of hotel industry in Cox¡¯s Bazar. Because some popular capital budgeting techniques like Payback period, Accounting Rate of Return and Net present value are used and these techniques give a positive result in all case.

Suggested Citation

  • Tanvir Mohammad Hayder Arif & Kazi Noor-E- Jannat & S.M. Rakibul Anwar, 2016. "Financial Statement and Competitiveness Analysis: A Study on Tourism & Hospitality Industry in Bangladesh," International Journal of Financial Research, International Journal of Financial Research, Sciedu Press, vol. 7(4), pages 180-189, July.
    • Handle: RePEc:jfr:ijfr11:v:7:y:2016:i:4:p:180-189
    DOI: 10.5430/ijfr.v7n4p180
    as

    Download full text from publisher

    File URL: http://www.sciedu.ca/journal/index.php/ijfr/article/view/9909/6030
    Download Restriction: no
    File URL: http://www.sciedu.ca/journal/index.php/ijfr/article/view/9909
    Download Restriction: no
    File URL: https://libkey.io/10.5430/ijfr.v7n4p180?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:jfr:ijfr11:v:7:y:2016:i:4:p:180-189. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Gina Perry (email available below). General contact details of provider: http://ijfr.sciedupress.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.