Farm tourism hubbart formula calculate hotel desired profit rate return operating expenditure
- 3. RATE OF RETURN(R.O.I)
CALCULATE THE HOTELS DESIRED
PROFIT BY MULTIPLYING THE DESIRED
RATE OF RETURN BY THE OWNER’S
INVESTMENT
- 7. OPERATING
EXPENDITURE
SALARY AND PATROLL RELATED
EXPENDITURE
(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.
- 10. TOTAL NUMBER OF GOODS SOLD
365 X10 X 60% = 2190.
(365X NUMBERS OF ROOMSX ESTIMATED %OCCUPANCY)
- 11. AVERAGE ROOM RATE
RATE OF RETURN+OPERATING EXPENDITURE
365XNUMBER OF ROOMSXESTIMATED%OCCUPANCY
6,00,000+7,67,000
2190
=RS 624/-