Identificador: TDX:3033
Autors: Alvarez Ferrer, Antonio
Resum:
The first objective of this work is to identify the key factors of success in the hotel sector. Reviewing the literature has found references related to this sector and different factors that has an impact on it and that determine the existence of these key success factors. Taking into account the importance of the hotel sector in the Spanish economy, this study responds to the realization of these key factors in hotels. In addition, the realization of these factors provides a relationship of financial aspects, management systems and more general aspects, such as age or location, which make companies successful in the hotel sector. The second objective of this study is the review of the companies in insolvency proceedings in Spain in the period from 2009 to 2016. It has been found that the economic crisis that our country has suffered since 2007 has clearly marked the upward trend in the number of insolvency companies, of which, a large percentage of them, they have ended up dissolving because they were unable to straighten out the appalling economic-financial situations they were going through. Through the data obtained from the INE, different company profiles that are in insolvency proceedings have been established taking into account aspects such as its legal form, the size of the company, the age or the number of workers. The third objective has been to analyse the companies in insolvency proceedings in the hotel sector in Spain, from 2007 to 2017, using business failure prediction formulas that apply to this type of economic activity. Altman Z formulas from 1968 and 1983 have been used for the implementation of this study and compared to the Amat et al. formula 2017. The two Z-Score methods applied to companies in the hotel sector in insolvency proceedings in Spain show us a high percentage of coincidences in the exercises leading up to the official insolvency proceedings, Altman being the one who gets the closest approach.
Repositori URV