'Factors Determining Profitability': A Study on Whitbread PLC Hotel in United Kingdom

Abstract

This study attempted to investigate the effect of profitability on firm- specific factors and macro-economic factors of hotel sectors in United Kingdom. This study employs time series regression analysis of firms in hotel sectors in United Kingdom from 2012 to 2016. The analysis shows that firm-specific factors and macro-economic factor influence the profitability of the firms. This study suggest that the firms should manage their account receivable efficiently by establishing clear credit policy and incorporate more corporate governance elements such as transparency, accountability, fairness, and independence in the firms.