Accounting Accounting Assignment Assignment PresentationPresentation
Chan Wan Choi, ScottChan Wan Choi, Scott
Hui Sai Wa, AceHui Sai Wa, Ace
Lam Yiu Chun, VincentLam Yiu Chun, Vincent
Wong Chun Wa, GordonWong Chun Wa, Gordon
Introduction
Tourism is one of the main development industry in Hong Kong.
With the new policies offer from government for attracting tourists, we expect that the amount of tourists coming to Hong Kong in future will expand.
Reference: In October 2004, the Average Hotel Occupancy Rate is 89% where in September 2004, the rate is only 84%, it showed a graduate increase for the demand of hotel.
Reasons why we chose the hotel industry:
began in 1971
listed on 17th June, 1993
organized into three major businesses
hotel operation
hotel management
property rentals
Shangri-La Hotels and Resorts
Sino Hotels (Holdings) Limited
began in