THE FORMATION AND ACCOUNTING OF INCOME OF THE HOTEL BUSINESS

Abstract

The hotel business is closely connected with tourism and leisure. Tourist business practically can not exist without the developed network of hotels and companies that serve them. That’s why hotels receive incomes from a wide range of services. The article deals with the statistical data concerning the incomes of hotel business entities. It shows that the largest share of incomes in 2016 was from sales of numbers (almost 75%). In addition to these incomes, hotel enterprises received income from the provision of additional services (restaurants, saunas, hairdressers, laundries, etc.). The article presents the types of income of hotels (from operating activities, other operating incomes and incomes not related to operating activities). The external and internal factors that influence the formation of hotel incomes are determined. It is suggested to attribute natural (climatic) and demographic factors to external factors. This is due to the fact that the issues of rational nature management are increasingly controlled by the state, so hotels should take this into account and accordingly adjust their activities. The research of demographic factors also plays an important role, which prompts hotels to analyze issues related to population size, its location in individual regions of the country and age structure. An attention in article is focused on external factors such as the behaviour of potential clients and the policy of intermediary firms. It is concluded that the formation of hotel incomes is mainly influenced by external causes, therefore the main factor of success is the ability to understand the needs of the market and adapt to them. The article states that accounting should reflect the income by type of activity in terms of liability centers, if the hotels in their structure have units that carry out the sale of their own products (hairdressing, laundry, restaurant, dry-cleaning, etc.). The article also provides correspondence accounts for the income of hotels.