Financial Analysis of Finance and Funding in Travel and Tourism Sector

This report delves into the crucial aspects of finance and funding within the travel and tourism sector, focusing on the practical application of financial principles through the analysis of Dalata Hotel Group. The report examines the use of management accounting information (MAI), financial statements, and ratio analysis as key tools for effective decision-making and performance evaluation. It also emphasizes the importance of financial statements in understanding the company's current position and making investment decisions. Furthermore, the report covers the role of the company in raising funds and planning for future objectives within the sector. This report aims to provide a comprehensive understanding of how financial management impacts the travel and tourism industry, offering insights into the strategic use of financial data for sustainable growth and operational efficiency.

Finance and Funding in the Travel and Tourism Sector
Introduction
In travel and tourism sector Dalata hotel group plc is
performing more effectively in providing best
accommodation facilities to their customers. They
used to perform in various segments such as Centre
of attractions, LEGOLAND parts and various
resorts. Dalata has unrivalled experiences in
hospitality sectors which has been proven effective
track record of consistently making improving
performance and upper team with extensive hotel
experience sectors.
Management accounting information
(MAI)
Dalata Hotel group company is incorporate for the
motive of increasing overall productivity of the
company. Management demand various information
which set for better decision making. Management
accounting information is said to be effective tool
that assist an organisation to summaries all data
which will be helpful for making future decision.
(MAI): It is known as of the common computer
based accounting method which will be used for the
purpose of tracking accounting events in respects
with data technology resources. The outcomes those
are gather from financial reports can be used as
internal department or by outside parties that
consists of investors, creditors and other tax
authorizes.
Types of management accounting information
In accordance with the better utilisation of resources
which are use by Dalata Hotel Group plc in operating their
financial transactions are mentioned in more reliable
manner. All above discussed management accounting
information are more crucial statements which will be
used as primary decision making tools for every business
organisation. The business used to consider every
management accounting data in more reliable manner in
respect to get more sufficient amount of capital in near
future period of time. All the important aspects related
with the MAI can assist Dalata group plc in making
appropriate decision and gather maximum benefits of
using them in coming period of time. Some of them are:
 Making valuable comparison among present
trends those are associated with travel and
tourism point of views.
 To develop all sorts of investment decisions that
are beneficial in coming period of time.
 It would assist an organisation to raise funds for
the purpose of increase overall growth and
financial stability in coming period of time.
 To future forecast in another crucial motive of
using this management accounting information
by the company.
 Formulation of budget and planning for
increasing future aims and objectives for an
organisation are taken into account in more
effective ways.
Use of management accounting information
Managers and other business owners can use a wide range of data to assist
Dalata plc to operate their business on regular basis but to attain various form of
business plan that are needed to make sound business decisions. There are
different information tools and techniques which can be used by Dalata
company plc. These assist the travel and tourism sectors in increasing the
overall performance and effective decision making activities. Some of them are
discussed underneath:
• Ratio analysis: It is more systematic aspects of ratio to assess the
overall performance position of the company. It is globally used techniques of
financial evaluation. It is used to determine the relationship among two
variables.
• Financial statements: These are said to be one of the primary
statements of the company which are needed of users in order to analyse the
current position of Dalata Hotel Plc. It consists those are presented individually
or within other public documents. Like financial report of the company.
• MIS: It is one of the system that used to guide the information to
manage them in proper manner. According to this framework which consists of
guidelines, rules and regulation for an organisation. It is define as one of the
reliable system that are recorded into the database of an organisation which
involves in delivery better information to an organisation.
Conclusion
This particular project module is providing more relevant information about
finance and funding in travel and tourism sector. Various analysis is being made
about the two important companies mentioned in the above project report. By
the help of financial statements, current position of Dalata hotel can be
determine by using ratio analysis.