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Economic analysis of resorts in selected towns of Cavite / by Meria Lynn C. Cantiga and Regina M. Manalo

By:

Cantiga, Meria Lynn C [author]

Contributor(s):

Material type: Text

TextLanguage: English Publication details: Indang, Cavite : Cavite State University- Main Campus, 2018.Description: xiv , 74 pages : illustrations ; 28 cmContent type:

text

Media type:

unmediated

Carrier type:

volume

Subject(s):

DDC classification:

339.479 C16 2018

Online resources:

Click here to view the abstract and table of contents

Production credits:

College of Economics, Management and Development Studies (CEMDS), Department of Management

Abstract: CANTIGA, MERIA LYNN C. and MANALO, REGINA M. Economic Analysis of Resorts in selected towns of Cavite. Undergraduate Thesis. Bachelor of Science in Business Management, major in Business Economics, Cavite State University, Indang, Cavite. May 2017. Adviser: Ms. Jenny Beb F. Ebo. The study was conducted to determine the economic analysis of resorts in selected towns of Cavite with the following specific objectives: (1) determine the socio-economic characteristics of the resort owners/managers and employees; (2) determine the business characteristics, operation and profitability of resorts; (3) determine the economic contribution of resorts in terms of economic growth, employment and productivity and allocative efficiency. Data were collected through personal interview with the resort owners/managers with an aid of structured interview schedule. The participants came from selected municipalities in Cavite namely: Alfonso, Bacoor, Dasmarinas, Indang and Tanza. The data were analyzed using mean, median and percentage and range. In addition, the profitability ratio such as return on investment was used to determine the profitability of resorts in Cavite. The age of the owners/managers ranged from 22 to 65 years old with an average of 37 years old. Moreover, majority of the participants involved in resort businesses were male, married and college graduate. Likewise, 55 percent of the participants were engaged in the business from 1 to 5 years. Majority of the resort business were managed though a sole proprietorship form of ownership and personal savings was the primary source of capital. Participants accumulated larger income from peak season during the month of February to May but lessen during lean season from the month of June to July. Laborers were paid mostly on every 15th basis. On average, establishments had mean size of 8,400 sq., estimated start-up capital P33,709,133 and estimated revolving capital P 14,642,000. Almost business resorts offered cottages, function hall, pavilion, events venue and lodging. For employees their average age was 30 years old. Majority of the employees in resorts were their major source of income and most of them are paid on monthly basis. Most of the participants were regular on their work to the resort and most of them are working eight hours per day. Results further showed that business resorts operation was a good business for participants but, it was not a stable source of income. Resorts business was not paying of tax it is also because of not stable of their income.

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Holdings ( 1 )
Title notes ( 5 )

Holdings
Item type	Current library	Collection	Call number	Materials specified	URL	Status	Notes	Date due	Barcode
Theses / Manuscripts	Ladislao N. Diwa Memorial Library Theses Section	Non-fiction	339.479 C16 2018 (Browse shelf(Opens below))		Link to resource	Room use only	T-7378		00077030

Thesis (Bachelor of Science in Economics Major in Business Economics) Cavite State University.

Includes bibliographical references.

College of Economics, Management and Development Studies (CEMDS), Department of Management

CANTIGA, MERIA LYNN C. and MANALO, REGINA M. Economic Analysis of Resorts in selected towns of Cavite. Undergraduate Thesis. Bachelor of Science in Business Management, major in Business Economics, Cavite State University, Indang, Cavite. May 2017. Adviser: Ms. Jenny Beb F. Ebo.
The study was conducted to determine the economic analysis of resorts in selected towns of Cavite with the following specific objectives: (1) determine the socio-economic characteristics of the resort owners/managers and employees; (2) determine the business characteristics, operation and profitability of resorts; (3) determine the economic contribution of resorts in terms of economic growth, employment and productivity and allocative efficiency. Data were collected through personal interview with the resort owners/managers with an aid of structured interview schedule. The participants came from selected municipalities in Cavite namely: Alfonso, Bacoor, Dasmarinas, Indang and Tanza. The data were analyzed using mean, median and percentage and range. In addition, the profitability ratio such as return on investment was used to determine the profitability of resorts in Cavite. The age of the owners/managers ranged from 22 to 65 years old with an average of 37 years old. Moreover, majority of the participants involved in resort businesses were male, married and college graduate. Likewise, 55 percent of the participants were engaged in the business from 1 to 5 years. Majority of the resort business were managed though a sole proprietorship form of ownership and personal savings was the primary source of capital. Participants accumulated larger income from peak season during the month of February to May but lessen during lean season from the month of June to July. Laborers were paid mostly on every 15th basis. On average, establishments had mean size of 8,400 sq., estimated start-up capital P33,709,133 and estimated revolving capital P 14,642,000. Almost business resorts offered cottages, function hall, pavilion, events venue and lodging. For employees their average age was 30 years old. Majority of the employees in resorts were their major source of income and most of them are paid on monthly basis. Most of the participants were regular on their work to the resort and most of them are working eight hours per day. Results further showed that business resorts operation was a good business for participants but, it was not a stable source of income. Resorts business was not paying of tax it is also because of not stable of their income.

Submitted to the University Library July 26, 2018 T-7378