- Download the 3rd quarter 2020 quarterly report for a company in the hospitality industry (from the reports
i have provided). The reports should contain year over year Sept 2020 YTD income statement data, and
quarterly data July-Sept ( vs. 2019) and balance sheet ending Sept 30.
2) Prepare the following (in your paper):
a) Name of your company
b) How many brands (or chains) does this company represent? List 5-10 of these brands (most
recognizable). Do they operate in multiple countries?
c) What was the total revenue for the company for the 3rd quarter of 2020? For the 3rd quarter of 2019?
Calculate the percentage change for the Sept revenue 2020 YTD vs. Sept 2019 YTD. Did these numbers
go up or down year over year (2019 vs. 2020)?
What was the net income for the company for the 3rd quarter of 2020? For the 3rd quarter of 2019?
d) Do they mention COVID-19? Is the company concerned? What is their current strategy to respond to the
pandemic? How is the pandemic affecting the hospitality industry?
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