Difference between revisions of "Cost price"
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Emerald Forest Hotel offering an emerald hotel experience!
| Run your own hotel in this management simulation.
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{{General header}} | |||
== Cost price per room == | |||
{{ | Data on the [[occupancy rate]] of the rooms, as well as the variable and fixed [[costs]] per room are available on the history. So you could calculate the cost price per room (type) and per season. So, by doing so you also know what the minimum price has to be, to cover these costs. <br> | ||
== Cost price per room== | In hotel industry a famous ratio to work with would be the [[RevPAR|Revenu per available room]]. | ||
In hotel industry | |||
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Revision as of 10:43, 2 January 2020
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Cost price per room
Data on the occupancy rate of the rooms, as well as the variable and fixed costs per room are available on the history. So you could calculate the cost price per room (type) and per season. So, by doing so you also know what the minimum price has to be, to cover these costs.
In hotel industry a famous ratio to work with would be the Revenu per available room.
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