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HOSTEL EXPENSES

A PROJECT REPORT ON

HOSTEL EXPENSES

In the partial fulfillment of the

Requirement for the award of the Degree of

MASTER OF BUSINESS ADMINISTRATION

OF

M.G. UNIVERSITY, KOTTAYAM

Submitted by

JITHIN SOMAN

ROLL NO: 22

Under the supervision and guidance of Mrs. Lekha

DEPARTMENT OF BUSINESS ADMINISTRATION

2010-2012

ADI SHANKARA INSTITUTE OF ENGINEERING &

TECHNOLOGY

KALADY - 683574

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HOSTEL EXPENSES

ACKNOWLEDGEMENT

Firstly I thank Almighty God for showering his choicest blessings upon
me throughout the process of research. Heartfelt thanks to my parents for their
support and prayer.

The project has been completed under the expert guidance and
supervision of Mrs. LEKHA MBA Department,AdiShankara Institute Of
Science And Technology.

I express my deep sense of gratitude and indebtedness to her for her


esteemed guidance, keen interest, sustained patience, and critical comments
constant availability, and continuous inspiration, right from the planning phase
till the completion of the study. Her patient listening, encouraging words and
deep understanding indeed have been pillars of strength for us.

I take this opportunity to express my sincere thanks to all those who have
been involved directly and indirectly in the successful completion of this project
work.

JITHIN SOMAN

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HOSTEL EXPENSES

DECLARATION

I JITHIN SOMAN, hereby declare that the project titled “HOSTEL

EXPENSES” submitted to MBA Department of “ADI SANKAR A

INSTITUTE OF SCIENCE AND TECHNOLOGY”is record of bonafide work

done by me under the supervision of Mrs. LEKHA Department of MBA during

the academic year 2010.

JITHIN SOMAN
Place :
Date :

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HOSTEL EXPENSES

CONTENTS

CHAPTER TITLE Page No.


No
1 INTRODUCTION 5

2 OBJECTIVE 10

3 LIMITATIONS 2

4 RESEARCH METHODOLOGY 14

5 DATA ANALYSIS & INTERPRETATION 17

6 FINDINGS 33

7 SUGGESTION 35

8 CONCLUSION 37

9 BIBLIOGRAPHY 39

10 ANNEXURE 41
 QUESTIONNAIRE

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HOSTEL EXPENSES

CHAPTER-1

INTRODUCTION

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HOSTEL EXPENSES

INTRODUCTION

Hostel

Hostels provide budget oriented, sociable accommodation where guests can rent a
bed, sometimes a bunk bed, in a dormitory and share a bathroom, lounge and
sometimes a kitchen. Rooms can be mixed or single-sex, although private rooms
may also be available. Hostels are generally cheaper for both the operator and the
occupants; many hostels have long-term residents whom they employ as desk
clerks or housekeeping staff in exchange for free accommodation.

In a few countries, such as the UK, Ireland, the Netherlands, India, and Australia,
the word hostel sometimes also refers to establishments providing longer-term
accommodation (often to specific classes of clientèle such as nurses, students, drug
addicts, court defendants on bail) where the hostels are sometimes run by Housing
Associations and charities. In the rest of the world, the word hostel refers only to
properties offering accommodation to travellers or backpackers.

Within the 'traveller' category, another distinction can be drawn between hostels
which are members of Hostelling International (HI), a UK-based, non-profit
organization encouraging outdoor activities and cultural exchange for the young
(formerly the IYHA), and independently operated hostels. Hostels for travellers are
sometimes called backpackers' hostels, particularly in Australia and New Zealand
(often abbreviated to just "backpackers").

History

In 1912, in AltenaCastle in Germany, Richard Schirrmann created the first


permanent Jugendherberge or "Youth Hostel". These first Youth Hostels were an
exponent of the ideology of the German Youth Movement to let poor city
youngsters breathe fresh air outdoors. The youths were supposed to manage the
hostel themselves as much as possible, doing chores to keep the costs down and
build character as well as being physically active outdoors. Because of this, many

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Youth Hostels closed during the middle part of the day. Very few hostels still
require chores or have a "lockout".

Differences from hotels

There are several differences between hostels and hotels, including:

1. Hostels tend to be budget-oriented; rates are considerably lower, and many


hostels have programs to share books, DVDs and other items.
2. For those who prefer an informal environment, hostels do not usually have
the same level of formality as hotels.
3. For those who prefer to socialize with their fellow guests, hostels usually
have more common areas and opportunities to socialize. The dormitory
aspect of hostels also increases the social factor

Communal accommodation

There is less privacy in a hostel than in a hotel. Sharing sleeping accommodation in


a dormitory is very different from staying in a private room in a hotel or bed and
breakfast, and might not be comfortable for those requiring more privacy. The
lessened privacy is also an advantage in some ways, because it encourages more
social interaction between guests.

Theft can be a problem, since guests may share a common living space, but this
can be avoided by securing guests' belongings. Most hostels offer some sort of
system for safely storing valuables, and an increasing number of hostels offer
private lockers.

Noise can make sleeping difficult on occasions, whether from snoring, sexual
activity, someone either returning late or leaving early or the proximity of so many
people. This can be solved by carrying earplugs.

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Types of hostels

The traditional hostel format involved dormitory style accommodation. Some


newer hostels also include en-suite accommodation with single, double or quad
occupancy rooms, though to be considered a hostel they must also provide
dormitory accommodation. In recent years, the numbers of independent and
backpackers' hostels have increased greatly to cater for the greater numbers of
overland, multi-destination travellers (such as gap-year travellers, and rail-
trippers).

The quality of such places has also improved dramatically. While a few hostels do
still insist on a curfew, daytime lockouts, and/or require occupants to do chores,
this is becoming a rare exception rather than the rule, as hostels adapt to meet the
changing expectations of guests

Hostelling International (HI)

Richard Schirrmann's idea of hostels rapidly spread overseas and eventually


resulted in Hostelling International, an organization composed of more than 90
different Youth Hostel associations representing over 4500 Youth Hostels in over
80 countries.

Some HI Youth Hostels cater more to school-aged children (sometimes through


school trips) and parents with their children, whereas others are more for travellers
intent on learning new cultures. However, while the exploration of different
cultures and places is emphasized in many hostels, particularly in cities or popular
tourist destinations, there are still many hostels providing accommodation for
outdoor pursuits such as hillwalking, climbing and bicycle touring; these are often
small friendly hostels retaining much of the original vision and often provide
valuable access to more remote regions.

Despite their name, in most countries membership is not limited to youth.

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Independent hostels

Independent hostels are not necessarily affiliated with one of the national bodies of
Hostelling International, Youth Hostel Association or any other licensing body.
Often, the word independent is used to refer to non-HI hostels even when the
hostels do belong to another hostelling organization.

The term "youth" is less often used with these properties. These non-HI hostels are
often called "backpackers' hostels". Unlike a hotel chain where everything is
standardized, these hostels can be very diverse, typically not requiring a
membership card.

As the hostel industry evolves, independent hostels and HI hostels are becoming
more similar, with the word "backpackers" also now applying to many Hostelling
International hostels.

Boutique hostels

The general backpacking community is no longer exclusively typified by gap year


student travelers and extreme shoe string budgets. In response to demand, as well
as increasing competition between the rapidly growing number of hostels, the
overall quality of hostels has improved across the industry. In addition to the
increase in quality, new styles of hostels have developed that have a focus on a
more trendy, design interior.

The phrase "boutique hostel" is an often-arbitrary marketing term typically used to


describe intimate, luxurious or quirky hostel environments. The term has started to
lose meaning because the facilities of many "boutique hostels" are often no
different from hostels that aren't referred to with that label. Also, marketers and
online booking websites sometimes include boutique hotels in lists of "boutique
hostels," further diluting any specific meaning of the phrase.

Industry growth

The independent hostel industry is growing rapidly in many cities around the
world, such as New York, Rome, Buenos Aires and Miami. This is reflected in the

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development and expansion of dozens of hostel chains worldwide. The recent


eruption in independent hostels has been called "probably the single biggest news
in the world of low-cost travel".

The development of independent backpackers hostels is a strong business model,


with some cities reporting a higher average income per room for hostels than
hotels. For example, in the city of Honolulu, Hawaii, upscale hotels are reportedly
making $141 to $173 per room, while hostel rooms in the same city can bring in as
much as $200 per night. Even during the 2008 economic crisis, many hostels are
reporting increased occupancy numbers in a time when hotel bookings are down.

Even as the city’s hotel occupancy rate has fallen to 66 percent in February, from
81 percent in the same month last year, despite steep discounts, many youth hostels
are reporting banner business.
—New York Times
Though in the past, hostels have been seen as low-quality accommodation for less
wealthy travellers, at least one Australian study has shown that backpackers (who
typically stay at hostels) spend more than non-backpackers, due to their longer
stays.Backpackers make up as much as 10% of international visitors in Australia.
In New Zealand, backpackers hostels had a 13.5% share of accommodation
guest/nights in 2007

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CHAPTER-2

OBJECTIVE

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OBJECTIVES OF THE STUDY

PRIMARY OBJECTIVE

 To find out the general expenses paid by hostellers of ASIET KALADY.

SECONDARY OBJECTIVE
 To find out the expenses of hostellers spend for educational purpose.
 To find out the expenses of hostellers spend on entertainment.
 To know the avoidable and unavoidable expenses of hostellers.

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CHAPTER-3

LIMITATIONS

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LIMITATIONS OF THE STUDY

a) The sample is insufficient to generalize the findings.


b) The study is limited to boys and girls hostel of ASIET KALADY.
c) Non -co-operation of people is another major limitation of the study.
d) The risk of respondents who may give false answers could not be avoided.

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CHAPTER-4
RESEARCH AND METHODOLOGY

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RESEARCH METHODOLOGY

Title of the Study

HOSTEL EXPENSES

Universe of the Study

The geographical universe is the boys and girls hostel of ASIET KALADY.

Population of the Study

The population of the study is the total population of the boys and girls
hostel of ASIET KALADY
Nature of the Study

The present study is descriptive in nature, as it is trying to describe and


analyze the hostel expenses of hostellers.

Sampling
The sample is a small portion of population selected for observation and
analysis of data. In this study sample size is decided to be twenty, which
constitutes about 6% of the total population of boys and girls hostel of ASIET
KALADY.

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Method of Study
The investigator adopted convenience sampling for the study. Convenience
Sampling was a adopted to collect data due to select a part of the whole a rate
population which all the characteristics of the population and truly representative
in character

Data Collection Method

a) Primary Data

The method of primary data collection employed by the investigator in the


study is with the help of questionnaire, a set of questions were prepared and
distributed to the hostellers.

b) Secondary Data
Secondary data is collected from information available on internet.

TOOLS OF DATA COLLECTION


The questionnaire was a tool of data collection. questionnaire were prepared
which includes all necessary questions regarding hostel expenses.

METHOD OF DATA COLLECTION


Investigator collected the data directly from the hostels.

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CHAPTER-5
DATA ANALYSIS
AND
INTERPRETATION

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From how long you are staying in hostel ?

PARTICULAR NO. OF PERCENTAGE


RESPONDENTS

1 YEAR 18 90

2 YEARS 1 5

3 YEARS 0 0

MORE THAN 3 1 5
YEARS

1 year
2 years
3 years
>3years

90 % of the respondents are staying in hostel from 1 years while 5 % are staying
from 2 years and other 5 % are staying in hostel from more than 3 years.

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MONTHLY ROOM RENT

PARTICULAR NO. OF PERCENTAGE


RESPONDENTS

LESS THAN 500 0 0

500-1000 8 40

1000-1500 9 45

1500-2000 3 15

LESS THAN 500


500-1000
1000-1500
1500-2000

40% of the respondent pays room rent in between 500-1000, 45% pays in between
1000-1500 and 15% pays in between 1500 and 2000.

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HOSTEL EXPENSES

MONTHLY WATER BILL

PARTICULAR NO. OF PERCENTAGE


RESPONDENTS

LESS THAN 100 4 20

100-200 10 50

200-300 2 10

300-400 4 20

LESS THAN 100


100-200
200-300
300-400

20% of the respondent have monthly water bill less than 100, 50% have in between
100-200 , 10% have in between 200-300 and 20% have expenses in between 300-
400.

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MONTHLY ELECTRICITY BILL

PARTICULAR NO. OF PERCENTAGE


RESPONDENTS

LESS THAN 200 10 50

200-400 5 25

400-600 3 15

MORE THAN 600 2 10

LESS THAN 200


200-400
400-600
MORE THAN 600

50% of the respondent spend less than 200 for paying electricity bill, 25% spend
in between 200-400, 15% spend in between 400-600 and 10% spend more than
600.

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EXPENSE ON COSMETIC ITEMS

PARTICULAR NO. OF PERCENTAGE


RESPONDENTS

LESS THAN 300 17 85

300-600 3 15

600-900 0 0

900-1200 0 0

LESS THAN 300


300-600
600-900
900-1200

85% of the respondent spend less than 300 for cosmetic items and while 15%
spend in between 900-1200 for cosmetic items.

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HOW OFTEN YOU VISIT HOME ?

PARTICULAR NO. OF PERCENTAGE


RESPONDENTS

WEEKLY 15 75

MONTHLY 5 25

QUARTERLY 0 0

HALF YEARLY 0 0

WEEKLY
MONTHLY
QUARTERLY
HALF YEARLY

755 of the respondent visit home weekly while rest of the respondents visit home
monthly.

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MONTHLY TRAVELLING EXPENSE

PARTICULAR NO. OF PERCENTAGE


RESPONDENTS

LESS THAN 200 14 70

200-400 3 15

400-600 2 10

MORE THAN 600 1 5

LESS THAN 200


200-400
400-600
MORE THAN 600

70% of the respondent spend less than 200 for travelling, 15% spend in between
200-400, 10% spend in between 400-600 and 5% spend more than 600.

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EXPENSE FOR MEDICAL TREATMENT

PARTICULAR NO. OF PERCENTAGE


RESPONDENTS

LESS THAN 300 19 95

300-600 1 0

600-900 0 0

900-1200 0 5

LESS THAN 300


300-600
600-900
900-1200

95% of the respondent spend less than 300 for medical treatment and while 5%
spend in between 900-1200 for medical treatment.

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EXPENSE FOR LAUNDRY

PARTICULAR NO. OF PERCENTAGE


RESPONDENTS

LESS THAN 200 19 95

200-400 1 5

400-600 0 0

MORE THAN 600 0 0

LESS THAN 200


200-400
400-600
MORE THAN 600

95% of the respondent spend less than 200 for laundry and only 5% spend more
than 600.

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MONTHLY STATIONERY EXPENSES

PARTICULAR NO. OF PERCENTAGE


RESPONDENTS

LESS THAN 100 5 25

100-200 11 55

200-300 3 15

300-400 1 5

LESS THAN 100


100-200
200-300
300-400

25% of the respondent have monthly stationaryexpenses less than 100, 55% have
in between 100-200 , 15% have in between 200-300 and 5% have expenses in
between 300-400.

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EXPENSE FOR CELEBRATING SOME SPECIAL OCCASSIONS

PARTICULAR NO. OF PERCENTAGE


RESPONDENTS

LESS THAN 200 12 60

200-400 6 30

400-600 1 5

MORE THAN 600 1 5

LESS THAN 200


200-400
400-600
MORE THAN 600

60% of the respondent spend less than 200 for celebrating some special occassion,
30% spend in between 200-400, 5% spend in between 400-600 and 5% spend
more than 600.

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MONTHLY ENTERTAINMENT EXPENSE

PARTICULAR NO. OF PERCENTAGE


RESPONDENTS

LESS THAN 200 12 60

200-400 7 35

400-600 0 0

MORE THAN 600 1 5

LESS THAN 200


200-400
400-600
MORE THAN 600

60% of the respondent have monthly entertainmentexpenses less than 200, 35%
have in between 200-400 and 5% have expenses more than 600.

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MONTHLY EXPENSE ON MOBILE

PARTICULAR NO. OF PERCENTAGE


RESPONDENTS

LESS THAN 200 13 65

200-400 4 20

400-600 2 10

MORE THAN 600 1 5

LESS THAN 200


200-400
400-600
MORE THAN 600

65% of the respondent have monthly mobile texpenses less than 200, 20% have in
between 200-400, 10% have in between 400-600 and 5% have expenses more than
600.

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MONTHLY OUTING EXPENSE

PARTICULAR NO. OF PERCENTAGE


RESPONDENTS

LESS THAN 100 4 20

100-200 12 60

200-300 3 15

300-400 1 5

LESS THAN 100


100-200
200-300
300-400

20% of the respondent have monthly outing expenses less than 100, 60% have in
between 100-200, 15% have in between 200-300 and 5% have expenses in
between 300-400.

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MISCLLENEOUS EXPENSES

PARTICULAR NO. OF PERCENTAGE


RESPONDENTS

YES 4 20

NO 16 80

YES
NO

20% of the respondent have other misc. expenses while 80% do not have other
misc. expenses.

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CHAPTER-6
FINDINGS

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FINDINGS

 Most of the respondents are staying in hostel from 1 year.


 Monthly rent of most of the respondents is in the range of 1000-1500.
 Monthly water bill of most of the respondents is in between 100-200.
 The electricity bill of most of the respondents is less than 200.
 Cent percent of the respondents spend less than 300 for cosmetic
items.
 Most of the respondents visit home weekly.
 Travelling expenses of most of the respondents is below 200.
 Cent percent of respondents spend below 300 for medical treatment.
 Most of the respondents spend below 200 for laundry.
 Stationary expenses of most of the respondent are in between 200 and
300.
 Most of the respondents spend below 200 for celebrating special
occasions.
 The entertainment expenses of most of the respondents are below
200.
 Most of the respondents spend below 200 monthly on mobiles.
 Monthly expenses of most of the respondent for outing is in between
100 and 200
 Most of the respondents don’t have any other misc. expenses.

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CHAPTER-7
SUGGESTON

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SUGESSTIONS
 Hostellers can reduce their general expenses by spending amount
economically.
 Hostellers should try to reduce their travelling expenses.
 Should take care of their health to reduce medical expenses.
 Should make efforts to reduce the expenses spend on entertainment.
 Should reduce their outing in order to reduce their outing expenses.
 Should not use electricity unnecessarily in order to reduce electricity bill.

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CHAPTER-8
CONCLUSION

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CONCLUSION

The study was on the HOSTEL EXPENSES of people staying at boys and girls
hostel of ASIET KALADY. The study is done to find out the general expenses of
people living in hostel. The general expenses of hostellers are very high. It was
found that except some fixed amount most of the expenses are controllable.
Hostellers can control their day to day expenses by spending economically and
avoiding unnecessary expenses. All the respondents are students so they are
dependent on their parents for their hostel expenses. So, reducing the expenses will
reduce the financial burden of their parents to some extent.

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CHAPTER-9
BIBLIOGRAPHY

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BIBLIOGRAPHY

Internet: www.google.com
: Wikipedia, the free encyclopedia.mht

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CHAPTER-10
ANNEXTURE

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QUESTIONNAIRE
1. Name :

2. Age :

3. Sex :Male Female

4. Marital Status : Single Married

5. Educational Qualification :

SSLC PDC/+2 Graduate Post Graduate

6. From how long you are staying in hostel?

1 year 2 years 3 years more than 3 years

7. How much is your monthly room rent?

Less than 500 500-1000 1000-1500 1500-2000

8. How much is your monthly water bill?

Less than 100 100-200 200-300 300-400

9. How much is your monthly electricity bill?

Less than 200 200-400 400-600 more than 600

10.How much do you spend o/n cosmetic items?

Less than 300 300-600 600-900 900-1200

11.How often you visit home?

Weekly monthly quarterly yearly

12.How much is your travelling expenses?

0-200 200-400 400-600 600-800

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13.How much is your expenses for medical treatment?

0-300 300-600 600-900 900-1200

14.How much is your monthly expenses for laundry?

0-200 200-400 400-600 600-800

15.How much is your monthly stationery expenses?

0-100 100-200 200-300 300-400

16.How much do you spend for celebrating some special occasions in hostel?

0-200 200-400 400-600 600-800

17.How much is your monthly entertainment expenses?

0-200 200-400 400-600 600-800

18.How much is your monthly expense on mobile?

0-200 200-400 400-600 600-800

19.How much is your monthly outing expenses?

0-100 100-200 200-300 300-400

20.Do you have any other expenses?

Yes No

If yes than how much is your monthly expense for that?


-----------------------------------

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