Accounting Assignment Presentation

1
Accounting Assignment Presentation

• Chan Wan Choi, Scott
• Hui Sai Wa, Ace
• Lam Yiu Chun, Vincent
• Wong Chun Wa, Gordon

2
Introduction
Reasons why we chose the hotel industry

• 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.
3
Shangri-La Hotels and Resorts

• began in 1971
• listed on 17th June, 1993
• organized into three major businesses
• hotel operation
• hotel management
• property rentals

4
Sino Hotels (Holdings) Limited

• began in