When analyzing a company’s business operations, business indicators are considered, which, on the basis of the values obtained at the calculation stage, point to its financial position, i.e. its situation. In addition to standard business indicators, group models of indicators, also known as “prognostic models” are created and by their application it is possible to predict financial situation, i.e. stability or instability of a company. In this paper, the data from the financial statements for 2013, 2014, 2015 and 2016 will be tested using Kralicek’s DF model and Quick Test and a forecast regarding business stability of the sampled hotels in Serbia will be provided.
M. Stanišić, N. Radović, J. Nikolić, “Business success analysis in the hotel industry,” in FINIZ 2017 - Challenges in modern corporate governance, Belgrade, Singidunum University, Serbia, 2017, pp. 14-17. doi: 10.15308/finiz-2017-14-17
Stanišić, M., Radović, N., Nikolić, J. (2017). Business success analysis in the hotel industry. Paper presented at FINIZ 2017 - Challenges in modern corporate governance. doi:10.15308/finiz-2017-14-17