H Hotel Cost Management Studies

With the deepening of China’s hotel industry reform and the rapid expansion of the scaleand operating system, the market tension between supply and demand is eased from thenumber, the entertainment is achieved by the internal and external business. The potentialinherent in the hotel industry market is released, but the operating conditions of the hotelindustry is not optimistic. One hand because the hotel industry market oversupply, whichresulets the oversupply situation deteriorated, on the other hand the management level andservice quality of China’s hotel industry still has a wide gap compared with foreign countries,it hasn’t yet formed the core of competitive advantage. We can say that the cost ofmanagement and control measures directly affect the operating results of the hotel.Due to the impact of the traditional planned economy, state-owned hotel has been in alarge proportion of China’s hotel industry. The state-owned hotels have many problems aboutmanagement, cost control and other aspects which are restricted by the nature of the economy.State-owned hotel has been unable to meet the current competitive market, and need to be intransition to a market economy. Based on this, the paper throughs the overview of researchresults at home and abroad about the hotel industry cost management, understands thedevelopment trend and focus, and summarizes the theory relates hotel cost management.Under the guidance of the theoretical system, the paper has an analysis to the H hotel costmanagement status, and found that the cost of managing deep motivation problems and issuesarising from the impact. Finally, with the actual situation H Hotel, the paper proposes theimprovements to strengthen cost management. This is to reduce the state-owned hoteloperating costs, improve the financial management and operating efficiency, has very highresearch value.