Travel Package Price - Accommodation Cost Calculation

The Calculation Procedure of the Travel Package Calculation has its fixed steps. This micro module is the introductory step to the estimated cost calculation of the accommodation costs. 

The module starts with the rehearsal of the Estimated Cost Calculation procedure. 

It continues with the new learning elements of the accommodation cost calculation, how to calculate per person package prices from room rates, what are the VAT regulations concerning accommodation prices, and also to calculate with gross costs that include the VAT and the local tourist taxes. 

The micro module continues with a practical task that is solved together with the students during the class. Excel calculations are included to help the explanations. 

The results (per person costs, selling price, margin,  margin VAT) are interpreted by questions that help to understand the per person prices and the full reservation's budget. 

The micromodule ends with a similar homework, and the thought that all the calculations serves the policy of providing an unforgettable travel experience for the tourists'.