Financial Ratios Return on equity defined as PAT/EQUITY is perhaps the most important mark from the viewpoint of an investor .we can observe from the above graph a stagnant RoE over the four financial eld .we can attribute this to the go down in the hotel persistence . This slump has mainly to do with the devaluation of Asian currency which has make them lots cheaper and they have been able to lure the foreign phaeton to a greater extent effectively, eating into the IHC hotel chain revenues.
This on with the Kargil war issue has assign the Indian hote l industry in disfavour with the international tourist traveler. Bibliography: ...If you want to get a full essay, order it on our website:
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