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Are Financially Constrained Firms Bad Audit Clients?
Audit assurance becomes more valuable for financially constrained businesses as they face operational and financial uncertainty.
By
Ahmet Kurt
| February 7, 2023
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Financial Performance
Hyatt Loses $161M as Travel Slump Continues
Hyatt's revenue per available room improved in Q3 but the hotelier expects "demand to remain uneven over the coming months."
By
Matthew Heller
| November 5, 2020
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Risk & Compliance
Marriott Takes Revenue Hit From Empty Rooms
“In the last few months, we have seen the impact of COVID-19 spread throughout our business in an unprecedented way."
By
Matthew Heller
| May 11, 2020
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Strategy
‘Constant Battle to Drive Profit’ in Hotel Business
Rising costs, flat revenues, and global turmoil pose stiff challenges for Interstate Hotels CFO Carrie McIntyre.
By
David McCann
| December 19, 2016
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