Financial statements are often used to assess the performance of businesses in the same industry. Analyzing financial ratios can help determine market, liquidity and profitability. al., 1994). 1994. Over the last three years, Choice Hotels has seen its profit margins increase. For 2017-2018, the margins for Choice Hotels were respectively 19.99%, 20.73% and 19.99%. These figures are higher than Marriot International’s 2017 net profit margins. 2018, 2018 & 2019. These are respectively 7.13%, 19% and 6.7%. Choice Hotels has converted greater profits to revenues than Marriot International over the last three years.
Choice Hotels’ performance has improved since 2017. Marriot International Hotels’ balance sheet shows that the assets of Choice Hotels have increased in parallel with an increase in their short-term liabilities in the past 2 years. The assets of Choice Hotels decreased by $7195, while short-term liabilities have increased by $7449. Marriot Hotels’ financial position is stronger than that of Choice Hotels.
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