ABSTRACT
The study was carried out to analyse the effectiveness of cost cutting measures and problems
hindering their effectiveness at The Victoria Falls Hotel. The need for the research emanated from
the hotel increasing costs in the past years, there been variances between projected capital and
operational costs and the actual costs. The research method used was a case study and
questionnaires and interviews were used as primary data gathering instruments and financial
statements were used as secondary data. The sample size used consisted of 31 respondents of which
28 responded to questionnaires and 3 responded to interviews. Tables were used to present data
gathered, graphs, pie charts and bar charts were used to analyse data, and interviews were
summarised. The major findings of the study showed that the hotel has not implemented all cost
cutting measure to tackle the rising challenge, and these include lean approach, automation of
systems and ABC system. The research recommended the implementation of the ABC costing and
lean approach, automation of systems, use of LED lights and recycling of plastic materials it will
significantly cut costs. The research further recommended introduction of involvement of
employees in cost cutting measures and research and development in cost cutting measures as
these were found to be hindering effectiveness of cost cutting measures
DAKWA, J (2021). Investigation Of The Effectiveness Of Cost Cutting Measures In The Tourism And Hospitality Business. Case Of The Victoria Falls Hotel. Afribary. Retrieved from https://tracking.afribary.com/works/investigation-of-the-effectiveness-of-cost-cutting-measures-in-the-tourism-and-hospitality-business-case-of-the-victoria-falls-hotel
DAKWA, JAPHET "Investigation Of The Effectiveness Of Cost Cutting Measures In The Tourism And Hospitality Business. Case Of The Victoria Falls Hotel" Afribary. Afribary, 04 May. 2021, https://tracking.afribary.com/works/investigation-of-the-effectiveness-of-cost-cutting-measures-in-the-tourism-and-hospitality-business-case-of-the-victoria-falls-hotel. Accessed 20 Sep. 2024.
DAKWA, JAPHET . "Investigation Of The Effectiveness Of Cost Cutting Measures In The Tourism And Hospitality Business. Case Of The Victoria Falls Hotel". Afribary, Afribary, 04 May. 2021. Web. 20 Sep. 2024. < https://tracking.afribary.com/works/investigation-of-the-effectiveness-of-cost-cutting-measures-in-the-tourism-and-hospitality-business-case-of-the-victoria-falls-hotel >.
DAKWA, JAPHET . "Investigation Of The Effectiveness Of Cost Cutting Measures In The Tourism And Hospitality Business. Case Of The Victoria Falls Hotel" Afribary (2021). Accessed September 20, 2024. https://tracking.afribary.com/works/investigation-of-the-effectiveness-of-cost-cutting-measures-in-the-tourism-and-hospitality-business-case-of-the-victoria-falls-hotel