Cost Types:

Fixed: Land, Buildings, taxes to government, wages to employees. Service contracts with clients and companies, maintenance and software contract fees, fixed internet & telephone fees, advertising costs, payroll, HR, marketing & sales departments expenses, rents, fixed energy costs

Variable: related to hotel occupancy and business volume. F&B, rooms amenities, stationaries used at the front desk and tennis courts. Entertainment, laundry & other operations, transportation, A&G.

Direct: wages paid to staff, rent paid for buildings,

Indirect: energy expenses, telephone expenses, insurance, depreciation, marketing expenses, rent expenses, general office expenses

The question : Have a detailed look at fixed costs. Which elements are truly fixed and which can be seen as semi -fixed or stepped fixed costs? Let's assume the hypothetical case of a lock -down: How would you minimize the fixed -cost elements most effectively ?