Application of ‘Cost-Volume-Profit’ Analysis in the Hotel Industry Based on Survey Data of High-Ranking Hotels in the North-East Region of Bulgaria

At this stage there is still insufficient empirical data and analyses regarding the application of the tools of managerial accounting in the tourist sector and mainly in the hotel industry. The present study examines the application of the interdependence cost-volume-profit with a view to the specific character of the hospitality product in Bulgarian high-category hotels. To that end there is studied the rate, the frequency of use and the informational usefulness of the aspects of the analysis in the context of the attained level of development of managerial accounting in the enterprises, which operate the hotels in the Northeastern region, Bulgaria