Prediction of Hilton’s Future Cashflows

DOI

10.2991/978-94-6463-036-7_89How to use a DOI?

Keywords

Hilton; hospitality; COVID-19; pandemic; linear regression

Abstract

As the world was hit by COVID-19 in the last few years, the global hotel industry has also been greatly affected. As one of the biggest hotel groups in the world, Hilton faced tremendous cash flow pressure in 2020 and 2021. To forecast Hilton's cash flow performance over the next few years, we apply the linear regression method to analyze and forecast the asset and liability situation of Hilton in this paper. Based on the linear regression model, we select several key factors, which could be the major factor in the movement of assets and liability. By analyzing the historical data of the key factors and assets and liability, we obtain the regression equations as well as the forecasted results. Furthermore, several extreme cases with a small probability of occurrence will affect the financial performance of Hilton enormously, and some suggestions for Hilton's development are discussed qualitatively.

Copyright

© 2022 The Author(s)

Open Access

Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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TY  - CONF
AU  - Junze Dai
AU  - Xiao Han
PY  - 2022
DA  - 2022/12/31
TI  - Prediction of Hilton’s Future Cashflows
BT  - Proceedings of the 2022 2nd International Conference on Economic Development and Business Culture (ICEDBC 2022)
PB  - Atlantis Press
SP  - 601
EP  - 607
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-94-6463-036-7_89
DO  - 10.2991/978-94-6463-036-7_89
ID  - Dai2022
ER  -