The following project is based on the financial decision making directed to the small hotels of the city Barrancabermeja, Santander. The Cooperative University of Colombia has selected the hotel RRR for the development of the research, a construction of the economic environment in the hotel sector at the macroeconomic level, local and company will be carried out, an analysis will be made to the financial statements of the years 2014, 2015 and 2016 in which it is identified as the hotel makes its financial decisions; the financial method of the WACC will be applied and projection of cash flows under the indirect meth