Banking in the hospitality industry - a study of Savannah Suite Ltd Department: Banking and Finance By: sifypatprojects Project ID: 4529 Rating: (5.0) votes: 1Rate this project12345 Price:₦3000 Get the Complete MaterialAbstractThis research is focused on“banking in the hospitality industry”. In theory, many people patronize the hospitality industry when the economy is buoyant thereby signifying a positive correlation between the Nigeria situation The contributions of the hospitality industry(represented by hotels and restaurants) to the Nigerian economy (represented by the gross domestic product GDP) and the GDP itself from 1980– 2006 (27 years)were analyzed using simple regression analysis. Lag variables were introduced in order to safeguard against autocorrelation while white noise heteroscedasticity tests were performed in order to make the conclusions more reliable. It was found that positive correlations exist between the hospitality industry and the GDP and that the industry depends almost entirely on the economy thereby confirming a prior expectation. What this means in effect is that for the hospitality industry to continue to be relevant government must at all times ensure a stable but steadily rising economy. The popularity of social networks correlated to their potential pro stability. As the leading hospitality exchange network in terms of membership, couch surfing's, or epitomizes technology’s ability to facilitate inspiring experiences between strangers through a digital reputation system. By enabling accountability and preventing remuneration these systems encourage conidial interaction and considerate behavior. Each positive experience generates an appreciation for the community, propelling couch surfing's success and creating what I refer to as a neo-human economy that values social capital over scale capital....Preview Download Preview +Other Banking and Finance project topics and materials you might be interested in»The role of central bank of Nigeria (CBN) in the development of Nigeria financial sector»Appraisal of the economic implication of electronic banking in Nigerian banks (A case study of diamond bank)»The impact of strategic planning on banks performance in Nigeria (A case study of united bank for Africa plc)»Evaluation of the impact of liquidity management on banks performance in Nigeria ( A case study of UBA )»The roles of central bank of Nigeria in the prevention of bank failure or liquidation (A case study of central bank of Nigeria 2005-2009)»The role of financial institutions in promoting banking habit and saving capital formation in Nigeria»The effect of electronic banking on fraud reduction in bank (A case study of access bank plc)»The effectiveness of monetary policy measures in controlling inflation in Nigeria»Problems and challenges facing finance houses in the Nigerian economy ( A case study of mortgage bank owerri )»The role of deposit money bank in Nigeria in economy development in Nigeria - a case study of Access Bank Plc»Motivation as a way of reducing fraud in banking industry ( A case study of UBA and Fidelity bank )»The impact of insurance industry on the economic growth of Nigeria (A case study of nicon and hallmark insurance companies 2005-2009)»Identification and management of bad debts in Nigeria commercial banks(A case study of UBA plc)»The contribution and effect of computer to modern day banking in Nigeria (A case study of zenith bank and first bank plc)»The use of accounting information in assessing control and performance in an organization (A case study of first bank of Nigeria owerri)