PROFITABILITY ANALYSIS TOURIST HOSTELS

Cristiana Tindeche and Romeo Catalin Cretu
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Cristiana Tindeche: University of Agronomic Sciences and Veterinary Medicine Faculty of Management, Economic Engineering in Agriculture and Rural Development
Romeo Catalin Cretu: University of Agronomic Sciences and Veterinary Medicine Faculty of Management, Economic Engineering in Agriculture and Rural Development

Annals of University of Craiova - Economic Sciences Series, 2015, vol. 2, issue 43, 70-74

Abstract: This study aims for a comparative analysis on the economic efficiency of the Confort Penssion located in a rural area and the Danacris Penssion from the urban area. The reason for choosing these two units is that the types of tourism they represent are significant areas of operation, namely leisure tourism ("Confort " Penssion) from Suceava area and business tourism ("Danacris" Penssion) from Bucharest. Based on the existing methodology in the specialized literature we computed specific indicators in order to highlight economic efficiency.Based on the analysis of the main financial standing indicators and the evolution of income and expenditure one may conclude that both companies are profitable.

Keywords: profitability; analysis; tourist hostels; economic efficiency; penssion (search for similar items in EconPapers)
JEL-codes: M20 M40 O14 (search for similar items in EconPapers)
Date: 2015
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Persistent link: https://EconPapers.repec.org/RePEc:aio:aucsse:v:2:y:2015:i:43:p:70-74

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