... profit planning. Cost/benefit analysis Hospitality industry Profit Profit forecasting Spreadsheets © MCB UP Limited 1992 24 INTERNATIONAL JOURNAL OF CONTEMPORARY HOSPITALITY MANAGEMENT 4 , 4 G reater use of the cost-volume-profit (CVP) approach to hospitality profit planning...

... Management Profit forecasting Positioning APPLYING VALUE ENGINEERING TO ROOMS MANAGEMENT 27 T he variable costs of accommodation operations are examined and a matrix is constructed to identify areas of operation which can be improved to increase profitability. Applying Value Engineering to Rooms...