Pricing of rooms

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Pricing of rooms

  1. 1. FARM TOURISM
  2. 2. HUBBART FORMULARATE OF RETURN+OPERATING EXPENDITURE365XNUMBER OF ROOMSXESTIMATED%OCCUPANCY
  3. 3. RATE OF RETURN(R.O.I) CALCULATE THE HOTELS DESIREDPROFIT BY MULTIPLYING THE DESIREDRATE OF RETURN BY THE OWNER’SINVESTMENT
  4. 4. OPERATINGEXPENDITURE OPERATING EXPENDITURE CONSIST OFVARIOUS FIXED CHARGES LIKE MANAGEMENT FEES. HUMAN RESOURCES OTHER MANAGEMENT CHARGES.
  5. 5. OPERATINGEXPENDITURE SALARY AND PAYROLL RELATED. ELECTRICITY DEPRICIATION. INTEREST. ROOM AMMENITIES
  6. 6. OPERATINGEXPENDITURE LAUNDRY TELEPHONE MARKETING PROPERTY TAX
  7. 7. OPERATINGEXPENDITURE SALARY AND PATROLL RELATEDEXPENDITURE (5X4000X12)=2,40,000. ELECTRICTIY 12X4000 = 48,000. DEPRICIATION@5%OF 30,00000. INTEREST OF 12%@ON 5,00,000 LOAN =60,000. ROOM AMMENTIES 100X6X365 = 2,19,000.
  8. 8. OPERATINGEXPENDITURE LAUNDRY = 15,000. TELEPHONE = 5000. MARKETING = 20,000. PRORPERTY TAX = 10,000. TOTAL EXPENDITURE = 7,67,000.
  9. 9. DESIRED PROFIT R.O.I XOWNER’S INVESTMENT 30,00,000 X 20% = 6,00,000.
  10. 10. TOTAL NUMBER OF GOODS SOLD 365 X10 X 60% = 2190. (365X NUMBERS OF ROOMSX ESTIMATED %OCCUPANCY)
  11. 11. AVERAGE ROOM RATERATE OF RETURN+OPERATING EXPENDITURE365XNUMBER OF ROOMSXESTIMATED%OCCUPANCY 6,00,000+7,67,0002190=RS 624/-

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