Economic - Financial Analysis of Kosovo Park Hotel in Pecka Banja

Abstract

The main tourist attraction in the municipality of Istok is certainly its hotel The hotel has and on appropriate resource base for the development of more types of tourism. Pecka Banja towns as cultural and historical heritage, the city of trade fairs, sports and cultural events, the city of short-break holidays, a city that lives 24 hours, appealing to different groups and open to all people will be able to meet the challenges of the future time. In today's hotel industry is dominated by the powerful hotel chains that generate the rankings visitors and so significantly influence the positive balance of payments position of the region or state they are located in their facilities. Romantic hotel with a long tradition, with certain charm and exceptional architectural value, is increasingly replacing the modern uniform hospitality industry. This group belongs to the hotel and Kosovo Park which is its specific traditions and offering, the relevant economic indicators, still successfully cope with the hotels famous corporations present in our area. Hotel Kosovo Park is one of the most representative buildings in the touristic offer Dukagjini.The subject of this paper is to analyze hotel Park, and its resources for tourism development with special reference to the hotel facilities. The paper analyzes the economic and financial operations of the Kosovo Park in Pecka Banja, and financial operations of the Kosovo Park. For successful Financial Management, it is necessary to analyze financial operations. The importance of analysis of financial reports is reflected primarily in terms of business management and enterprise development. It precedes the governance process or, more precisely, is preceded by the planning process, which forms an integral part of management.