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Volcanic eruption is inevitable and seldom unpredictable, surely it could affect its nearby places specially establishments that has a stable and growing economy. One of the best subjects is Hotel Kimberly in Tagaytay City, Cavite, it had been known for being an accredited hotel by Department of Tourism, beyond it knows for having luxurious and world-class service all throughout the year it is established, the phenomena affects the economic state of the hotel in such specific aspects of sales and revenue, employment, salary and wages and financial controls through assessing with its participant from different departments to fully attain the study’s objective. The study uses a quantitative approach to fully analyze the actual affect and how it causes abrupt changes to the operation of the hotel, this structured questionnaire resulted from various results that prove that Taal Volcanic eruption had created an impact to its economy. The study uses purposive sampling and descriptive method for determining the demographic features of the respondents through its age, gender and level of education in which treated by the ANOVA and T-test. The results indicated that all sub aspects were verbally interpreted as “agree” in which pertains that the effects of Taal Volcanic Eruption in Hotel Kimberly is evident. With this, current proponents have taken action on each assessed gaps and in needs of improvements to further prevent the establishment to be economically effected when unexpected events occurs to its vicinity, researchers have carefully proposed recommendations to fill in the lacking for the sustainability of the economy of the hotel.
Keywords:
volcanic eruption, Hotel Kimberly, Economic impact, sales and revenue, employment, salary and wages, financial controls, Tagaytay City, Cavite
Cite Article:
"Economic Impact of Hotel Kimberly in Tagaytay City: Basis for Economic Program ", International Journal of Science & Engineering Development Research (www.ijrti.org), ISSN:2455-2631, Vol.7, Issue 7, page no.1 - 15, July-2022, Available :http://www.ijrti.org/papers/IJRTI2207001.pdf
Downloads:
000204899
ISSN:
2456-3315 | IMPACT FACTOR: 8.14 Calculated By Google Scholar| ESTD YEAR: 2016
An International Scholarly Open Access Journal, Peer-Reviewed, Refereed Journal Impact Factor 8.14 Calculate by Google Scholar and Semantic Scholar | AI-Powered Research Tool, Multidisciplinary, Monthly, Multilanguage Journal Indexing in All Major Database & Metadata, Citation Generator