The purpose of this study is to examine the relationship between employee satisfaction and customer
satisfaction, and to examine the impact of both on a hospitality company’s financial performance utilizing
service-profit-chain framework as the theoretical base. Specifically, this study explores four major
relationships: (1) the direct relationship between customer satisfaction and financial performance; (2) the
direct relationship between employee satisfaction and financial performance; (3) the direct relationship
between customer satisfaction and employee satisfaction; and (4) the indirect relationship between
employee satisfaction and financial performance. Furthermore, this study examines the mediating role
of customer satisfaction on the indirect relationship between employee satisfaction and financial
performance. Data for this studywascollected fromemployees, customersandmanagers of three- and fourstar
hotels. Structural equation modeling (SEM) with a two-step approach was utilized to empirically test
the proposed hypotheses and the relationships between the constructs. Findings suggest that while
customer satisfaction has positive significant impact on financial performance, employee satisfaction has
no direct significant impact on financial performance. Instead, there is an indirect relationship between
employee satisfaction and financial performance, which is mediated by customer satisfaction