Financial statement analysis Research Paper Example | Topics and Well Written Essays - 2000 words

Financial statement analytic thinking - Research Paper ExampleNCT&H has taken up some of the important projects on the cordial reception industry, which are Hotel Le Bristol, Grand Millennium, Saadiyat Island and Nareel Island. The project of Hotel Le Bristol is the most stylish of its kind, based in genus Paris it was voted for as the best hotel of the division 2011. The Grand Millennium property of NCT&H was famous for its food and potable outlet having grand ballroom which has the capacity of 1000 guests and is expected to open in the second draw of 2012. Saadiyat Island is a joint venture of NCT&H and the UAEs capitals TDIC (Tourism Development and Investment). The plan is to lay up a low rise hotel with 250 rooms on the shores of Saadiyat Beach district. Lastly, the project of Nareel Island is alike a joint venture but with ALDAR Properties of PJSC developing premium gate and the residential property with features like health and fitness club, spa and restaurants. It wil l even provide Private Marina for the VIPs along with hotel excursions. ... mental home From the very inception of the sparing environment it is going through massive changes. In comparison to the preceding times economic environment has become more lenient and open towards the private participation of the economic activities related to trade and capital flow (Pailwar, n.d., p. xi). The study of the companys annual report gives us the idea that NCT&H is mainly affected by the economic factor which are under unbroken fluctuation for the interest rate risk of the company which the company is avoiding by the entering into swap art through the banks. But the company has faced the economic downturn like all other industries during the year of 2008-09. This was the time when the economy went into the sudden depression creating unrest for all the industries of the economy. The economic depression is the main reason behind the low spending capacity of the common mass which again was l ower than the NCT&H byplay for a long period of time (Pailwar, 2009, pp. 1-10). Industry Environment and Industry Risks There are a few factors that are responsible for affecting the environment of the hospitality and tourism industry and are also the reason of its probable risks. The factors being the brook, political conditions, economic conditions and globalisation may be the reason for qualification or breaking the business of a hospitality and tourism industry. As far as tolerate is concerned is the hotel is situated in place where snow storming is prevalent the charges may get doubled as skiing weed be enjoyed along with the stay. But when it comes to hotels in tropical countries as is NCT&H if the weather turns out to be windy the hotel might lose business as well. Even the natural disasters can affect the hotel