Personalized Service Costing Tool
Accurately calculate the total cost of providing special, personalized services to your guests. Understand the real expense behind each 'wow' moment to price them profitably.
Set prices for add-ons and packages that cover their true costs and generate profit.
Determine which high-touch services are financially viable and which are loss leaders.
Understand the impact of staff time on service costs to optimize efficiency.
Results
Enter values and click Calculate to see results
Understanding Service Costing
Personalized services are a hallmark of boutique hotels, but they aren't free. To price them effectively, you must understand their 'fully loaded' cost, which includes not just materials, but also the valuable time of your staff and a share of the hotel's general operational costs (overhead).
Formula: Total Cost = (Staff Cost + Material Cost) * (1 + Overhead %)
By calculating this total cost, you can make informed decisions. You can decide which services to offer for free as a marketing tool, which to price for breakeven, and which to position as profitable, premium add-ons.
Frequently Asked Questions
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