Welcome to Francis Academic Press

Academic Journal of Business & Management, 2022, 4(5); doi: 10.25236/AJBM.2022.040509.

Analysis of Factors Affecting the Revenue of Star-rated Hotels in China under the Background of the Epidemic

Author(s)

Haozhe Sun

Corresponding Author:
​Haozhe Sun
Affiliation(s)

Xi'an Jiaotong University, Xi'an, Shaanxi, 710049, China

Abstract

The sudden outbreak of the epidemic has left us unprepared, and major industries have been hit hard, especially the service industry with the characteristics of non-storage, intangibility and in -person consumption, among which the tourism and hotel industry is affected by the epidemic It is quite significant, so the analysis of its influencing factors is also of great significance. In this report, we will describe our thinking, method and process of studying the factors that affect the revenue of star-rated hotels in the context of the epidemic. Finally, we will analyze and explain the essential phenomenon or reasons reflected in the data research results.

Keywords

Hotel industry; Hotel revenue; Epidemic situation; Factor analysis

Cite This Paper

Haozhe Sun. Analysis of Factors Affecting the Revenue of Star-rated Hotels in China under the Background of the Epidemic. Academic Journal of Business & Management (2022) Vol. 4, Issue 5: 42-46. https://doi.org/10.25236/AJBM.2022.040509.

References

[1] Yao Yonghong, Liu Yun, Li Jingjing. Performance evaluation of listed companies in the hotel and tourism industry—based on the 2018 cross-sectional data model [J]. National Circulation Economy, 2020(23): 120-122.

[2] Yin Meiqun, Tao Lei. Research on the performance evaluation of listed tourism companies—taking CYTS as an example [J]. Finance and Accounting Communications, 2011(27): 106-109.

[3] Pu Jiao, Qi Zhipeng, Fang Kaikai. Analysis of the cost structure and cost control strategy of economy hotels—Taking 7-day chain economy hotels as an example [J]. Heilongjiang Science and Technology Information, 2015(31): 297.

[4] Wen Bo. Research on the performance evaluation of tourism hotel listed companies based on factor analysis [J]. Enterprise Reform and Management, 2015(12): 189.

[5] Li Shaohua. Research on star hotel efficiency and internal and external influencing factors based on DEA [D]. Dongbei University of Finance and Economics, 2019.

[6] Deng Jiaqi. Research on Cost Management of H Hotel under Activity-Based Costing [D]. Henan University of Science and Technology, 2019.

[7] Su Rong. Problems and countermeasures of catering cost control in small and medium-sized hotels: Taking Southeast International Hotel as an example [J]. Accounting Research, 2018(08): 50-54.