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Date: Nov. 8, 2023, 8:43 a.m.

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The average hotel industry financial ratio

Published by Department of Tourism(DOT) on Nov. 8, 2023.
Requested from DOT by S. Aranzado at 08:43 AM on Nov. 8, 2023.
Purpose: Thesis / College Research Paper
Date of Coverage: 01/01/2022 - 12/31/2022
Tracking no: #DOT-029114432846

S.ARANZADO Nov. 8, 2023, 8:43 a.m.

HI, i would like to know the average financial ratio of hotels in the Philippines 1. gross profit rate, return on sales, return on equity, return on asset, current ratio, total asset turnover, AR turnover, AP turnover, debt asset ratio and debt to equity ratio. 2. I would also like to know what ratio can be considered as high ratios, average ratios and low ratios

R.OFFICE Nov. 9, 2023, 1:52 p.m.

November 09, 2023 Dear Citizen, Thank you for your request dated November 08, 2023 08:43:50 AM under Executive Order No. 2 (s. 2016) on Freedom of Information in the Executive Branch, for The average hotel industry financial ratio. We received your request on November 08, 2023 08:43:50 AM and we have forwarded your request to Department of Trade and Industry. Should you have any questions regarding your request, kindly contact using the reply function on the eFOI portal at https://www.foi.gov.ph/requests/aglzfmVmb2ktcGhyHQsSB0NvbnRlbnQiEERPVC0wMjkxMTQ0MzI4NDYM, for request with ticket number #DOT-029114432846. Thank you. Respectfully yours, Maricel C. Malalad DOT FOI Receiving Officer

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