The Study On Cost Control Of Hotel Industry

Due to the limited level of management, there exist some drawbacks in the understanding of cost management and control system. Under the situation of globalization, the current cost control system needs to be improved for more competitive advantage. Based on the analysis of current cost control system and focused study of cost management successfully used in Guangzhou Pearl Ramada Hotel (one of the most famous hotel brand in the world), the author is going to bring forward a effective management system in practice for the references in further profit improvement in the hotel industry.Foreword : The background and significance of the subject are raised.Chapter 1: Cost control theory and the main contents of hotel cost control are introduced on the basis of operational practice.Chapter 2: Through the analysis of the current development state of hotel industry in China and cost control environment, the pitfalls and causes of hotel cost control are pointed out in analysis on certain out-of-control cases.Chapter 3: Case study. The excellence of cost management of Guangzhou Pearl Ramada Hotel and the main operation method is introduced.Chapter 4: Focused on the key sections of hotel operation, suggestions are given for the improvement of cost control system within hotel industry.