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Academia Open

Business and Economics

Vol 9 No 2 (2024): December

Optimizing Profitability Through Resource Management in Kashkadarya's Hotel Industry
Mengoptimalkan Profitabilitas Melalui Manajemen Sumber Daya di Industri Hotel Kashkadarya



(*) Corresponding Author
DOI
https://doi.org/10.21070/acopen.9.2024.10342
Published
November 5, 2024

Abstract

Background: The hotel industry significantly influences regional economies, yet maximizing internal profitability remains challenging, especially for small businesses. Gap: Limited research addresses internal factors boosting profitability in regional hotel enterprises. Aim: This study examines how internal resources—like employee productivity and investment—impact profitability in Kashkadarya’s hotels. Results: Analysis shows profitability rates vary, with some hotels performing below the 8.77% average. Novelty: A predictive model reveals correlations between resources, labor efficiency, and profitability. Implications: Strategic resource optimization can enhance hotel industry profitability, offering insights for further research in similar sectors.

Highlights:

  • Internal resources, like employee productivity and investment, are key to boosting profitability.
  • Profitability varies significantly, with some hotels below the 8.77% average.
  • Strategic resource optimization can enhance overall industry profitability.

Keywords: Hotel Industry, Profitability, Internal Resources, Financial and Economic Indicators

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