Analyze and compare Hilton Hotels and Marriott International The annual reports of Hilton Worldwide Holdings Inc. (HLT) and Marriott International Inc. (MAR) for 2019 and 2020 show the following occupancy data showing the effect of occupancy at the start of the COVID-19 pandemic: Hilton Hotels Marriott International 2020 2019 40.3% 75.7% 31.4% 73.7% a. Is the change in the occupancy rate favorable or unfavorable for Hilton Hotels? Round your answers to one decimal place. The occupancy trend is for Hilton Hotels. Occupancy for Hilton from % to b. Is the change in the occupancy rate favorable or unfavorable for Marriott International? Round your answers to one decimal place. The occupancy trend is for Marriott International. Occupancy for Marriott from c. Which company has the stronger occupancy? % to %, or a %, or a % point % point, over the year. over the year.

FINANCIAL ACCOUNTING
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ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Analyze and compare Hilton Hotels and Marriott International
The annual reports of Hilton Worldwide Holdings Inc. (HLT) and Marriott International Inc. (MAR) for 2019 and 2020 show the following occupancy data showing the effect of occupancy at the start of the COVID-19 pandemic:
2020 2019
40.3% 75.7%
31.4% 73.7%
Hilton Hotels
Marriott International
a. Is the change in the occupancy rate favorable or unfavorable for Hilton Hotels? Round your answers to one decimal place.
The occupancy trend is
for Hilton Hotels. Occupancy for Hilton
from
% to
b. Is the change in the occupancy rate favorable or unfavorable for Marriott International? Round your answers to one decimal place.
The occupancy trend is
for Marriott International. Occupancy for Marriott
from
c. Which company has the stronger occupancy?
d. What additional information would supplement occupancy in evaluating the performance of these two hotels?
% to
%, or a
%, or a
% point
% point
over the year.
over the year.
Transcribed Image Text:Analyze and compare Hilton Hotels and Marriott International The annual reports of Hilton Worldwide Holdings Inc. (HLT) and Marriott International Inc. (MAR) for 2019 and 2020 show the following occupancy data showing the effect of occupancy at the start of the COVID-19 pandemic: 2020 2019 40.3% 75.7% 31.4% 73.7% Hilton Hotels Marriott International a. Is the change in the occupancy rate favorable or unfavorable for Hilton Hotels? Round your answers to one decimal place. The occupancy trend is for Hilton Hotels. Occupancy for Hilton from % to b. Is the change in the occupancy rate favorable or unfavorable for Marriott International? Round your answers to one decimal place. The occupancy trend is for Marriott International. Occupancy for Marriott from c. Which company has the stronger occupancy? d. What additional information would supplement occupancy in evaluating the performance of these two hotels? % to %, or a %, or a % point % point over the year. over the year.
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