CALCULATION OF THE COST IN THE HOTEL BUSINESS FROM THEORIES TO PRACTICE ON THE EXAMPLE OF LLP «ALTYN»

Abstract

Purpose – the study the systems and methods of calculating the cost of services in the hospitality industry. Suggest ways to improve when calculating the cost price. Analyze the current status of LLP «Altyn» and apply various methods to determine the cost of services. Suggest ways to improve when calculating the cost price of a hotel complex.
Methodology – this study was carried out using the example of the hotel complex LLP «Altyn». Two methods were used in calculating the cost of business The first method is to determine the cost price by categories of hotel rooms. The second method is the determination of the occupancy of rooms. Both of these methods helped to assess the situation objectively.
Originality / value – The originality of the research lies in the fact that recommendations have been developed on the distribution of costs when calculating the cost of hotel rooms by room category. Also, in order to obtain the actual cost price, it is necessary to adjust the received prime cost by the percentage of the average occupancy of hotels in a certain period, which reveals the real cost price of hotel rooms.
Findings – Based on the results of theoretical and practical studies, theoretical provisions were clarified and practical recommendations were made to improve the calculation of the cost of hotel rooms. The main recommendations presented in the article are presented in the form of proposals to the owners of LLP «Altyn» and they plan to use them in the near future.