Hotels Business Plans Samples For Students

Business plan for ‘EN’ motel

1. EXECUTIVE SUMMARY
Motels are increasingly becoming an interesting idea for the travelers. People today are keen to have the services of a Motel than any other entity. Future prospects for Motels are high. It, therefore, requires one to have a business plan in order to establish a Motel. In this case, ‘EN’ Motel is to be found through a well-crafted business plan. In this plan, the focus will be on the services to be offered by the company, customers and the key drivers of the company. Consequently, the business plan contains the company’s description, market research components not to mention ...

Business Plan

The hotel will be located in high-end traffic area in Bahamas, and will serve high profile customers that include government officials, business community, professionals as well as tourists. The luxury hotel will enter into contracts with several companies in the location such travel companies, suppliers and in some cases government institutions. Therefore, this points out the need to craft comprehensive legal action that will be executed by the lawyer hired by the hotel. The luxury hotel will have to consider legal matters that might arise after the start of the business. This will ensure that the number of litigation ...

Executive summary

This is to bring to your attention that Motel 6 is flying higher than before and it is venturing more. This is after a turnaround in our fortunes. You can remember in 1990 when the chain based in Dallas was sinking after its acquisition by Accor S.A. of France from Kohlberg Kravis Roberts & Company, the leveraged buyout firm, for $2.3 billion. Again in 1993, we lost $40 million. However, we are standing tall today for turnaround. In996 after the big blow, the company made modest profit of $75 million before taxes but this year the company expects $ 100 million. We ...

Some commentators have taken the position that risk management is actually more important than revenue management in the hospitality industry (Nand, 2011). Accordingly, this report prepares a risk management strategy for a small, boutique hotel in order to address this outstanding need. The business at present has a generalized risk management strategy, primarily concerned with immediate economic business risks. This approach is not as effective as it could be because it is primarily reactive to present crises rather than attempting to predict issues that could arise and prepare solutions in advance. Furthermore, the time period considered within this generalized approach goes no ...

- Executive Summary
Modern Hotel and Restaurant will be set up as a limited company in Calgary City Canada due to the City’s huge population that can sustain business operations. The business, will provide accommodation service as well as food and beverages within the restaurant and outside the restaurant through a mobile van that will deliver foods and drinks to the customers who cannot reach the restaurant. The businesses target markets comprise of the Calgary City visitors for accommodation while the restaurant foods and beverages focuses on the youthful segment aged between 25 and 35 years and an old ...

Business Plan: Hotel

Debt financing refers to any money that I would borrow for my startup business to operate. The money received from debt financing must be paid back to the lender at an interest. In my case, I have decided to take a loan from the bank since their interest rates and repayment periods are convenient for a starting business (Yu 2009). However, the loan that I would receive from the bank would not be sufficient for the smooth running of the business. Therefore, I have also decided to get equity financing by allowing people to invest their money into the business in ...

Abstract

E-commerce is an important instrument in most businesses today. E-commerce is utilized by these businesses to either sell their products and services, acquire product and services or to advertise them together with some other customer feed backing. Only a small percentage of businesses are still engage in a complete “brick and mortar” type of business. However, some have introduced the use of technology and e-commerce in their businesses but have not utilized its full potential to the company’s advantage. One such company is the Hampton Inn Jacksonville. This paper gives explores the possibility of employing a business model for the inn ...

HELICOPTER HOTEL PROMOTION

Discounts are a proper and effective way of attracting clients in this kind of hotel (Leiss, 1990, p. 9). It is evident that the inputs of putting the hotel underway in terms of operation will be high. As such, many individuals will be definitely skeptic to try such kind of a hotel. The concerned management can institute the process of stretching the discounts as far as they can. This will go a long way in ensuring that the hotel not only attracts new customers daily, but also gets to maintain the earned customers.
Advertisement is a very effective way of increasing customer ...

Business Plan for a Proposed Three Star Category Hotel in Auckland

Business Plan for a Proposed Three Star Category Hotel in Auckland

Executive Summary

The present paper proposes analyses and presents a business venture in the form of a 3 star category 70 room hotel Business. The business is projected as low cost and high value proposition to the mid to upper scale business and leisure clients. It is found that the business is capable of recovering its 5 year working capital costs within a span of 2 years and 2 months thus an early operational breakeven is likely. Annual revenue of $1,609,650 at 70% occupancy and $90 ADR (Average ...

Business Plan

This Hotel will be built through a small business loan from local banks. Gold Cost Commercial Bank will take care of 60% of the needed amount of monetary capital required to complete the projection while the owners will supply the other 50% of the construction money. The Loan will be repaid in 5 years at 9% interest rate. We are also assuming that the initial operating capital to take care of the hotel will be provided by Mr. Jones and Mrs. Juliet Jones at an equal portion. Additional capital will be injected into the business after one year by ...

An essay identifying scope, aims and objectives of the assigned project.

The project is to reinvest the profits from the sale of an exclusive hotel into a new hotel in a nearby city. The chain has already established multiple boutique hotels within the capital and is looking to expand their territory. The new hotel will host guests in 25 – 40 luxury rooms and suites.

Scope

The project’s scope remains restricted to the required tasks of opening a new hotel within the chain. The project’s scope can be divided into four phases:

Selection

Desirable location
Capacity of 25-40 rooms and suites
Acquisition
Refurbishment
Design the capacity and services
Design the dé ...

The given scenario mentions that a famous hotel operating in the capital city wishes to reinvest its funds into a nearby large city. We as a team have been assigned that task of land acquisition, refurbishment and opening up of the new hotel branch. The task is quite challenging as we need to manage all our resources including financial, physical and human resources such that the best output is obtained and the project goals can be achieved. There are several steps involved in the completion of this project which will be discussed in the sections below

Legal Requirements

Firstly, all legal ...

Question 1

Answer: In United States of America (US), the history of Ritz-Carlton Hotel starts from early 20th century. Ritz-Carlton has changed the view of the travelers of US with respect to the luxury and customer service provided in a hotel. Ritz-Carlton has 70 hotels in 24 countries of the world comprising of total 38,000 employees. Ritz-Carlton began the change in its service design from the year 2001. In doing that, there were some catalysts that worked for the hotel. These are as follows (Nixon & Rieple, 2010):

New styles of leadership,

Redefining the correspondence to the target customers, and bringing changes in competitive landscape,
...

Ajiya Transport Services  seeks to offer residents of Birnin Kebbi elegant option to get from point A to point B for any occasion from weddings and proms to funerals to rides to the airport.

BUSINESS SUMMARY

Ajiya is a Birnin Kebbi based ride share/tourist service operated. Ajiya will pick up clients and drive them to destinations of their choice. Mr. Otaibi will also offer City Tours and Night Tours since he enjoys sharing his knowledge of the city with others.
According to the Kenyan Bureau for Labor Statistics, the job outlook for taxi drivers and chauffeurs is favorable and is expected ...

In any type of company, one of the significant challenges for leadership is connecting industry knowledge and business analytics. Bartlett (2013) observes that these two components serve as the primary sources of information for decision makers. Managers generally hold much insight and wisdom in their accumulated experience, but unfortunately, any gaps in the facts are commonly filled with opinions (Bartlett, 2013). Instead of relying on subjective sources, leaders can utilize business analytics to validate new ideas and test industry beliefs (Bartlett, 2013).
A starting point for effective business analytics is to recognize that data and information are not ends ...

Scenario Review

After successfully disposing hotel in the capital, there is a need to reinvest the newly acquired funds. The directors decided on investing in another hotel in a city that is nearby the capital. The task at hand is arrange for the acquisition of the hotel. Planning is also required for capacity, décor, services as well as branding for the launch. The hotel that is to be acquired is called Palm Tree Hotel. It is located in an upmarket suburb with a bed capacity of 40 room. There are 10 standard rooms, 20 deluxe rooms, 5 executive room and ...

Opening a new for a luxury boutique hotel, an excellent evaluation of cost, budget and performance are required. Project management techniques are required in the scenario to plan for the cost, budget, and performance of the hotel. For a project to be successful, a correct appraisal should carry out to find the benefit and possible cost of the project. Using, the stated analysis, the benefits should exceed the costs of the project. Can be possible through the preparation of a budget and balanced scorecards. Through the use of these tools, the profits the expenses of the new hotel will ...

1.0 A business plan for Increasing Business Revenue
1.1 Executive Summary
Profitability is one of the primary objectives of establishing a business venture. The success of a business in the realization of its objectives does not come from the investor alone. Other key players such as stakeholders have significant contributions to the success of the business. Thus, companies are expected to maintain a healthy relationship with their stakeholders since good cooperation promotes business success (Rust, Moorman, & Dickson, 2002). Different companies offer various services and products depending on the business opportunities identified by the entrepreneurs. Yo: HA is a company ...

Project Planning Tools- Post Response

A project manager needs to have a good understanding of the project planning tools available and how what scenarios are best suited for each of the tools. The tools help the manager to control all the aspects of the project management process. A project manager uses particular tools to balance the staff workload and optimal time and resource management.
I think analogous estimating and reserve analysis are useful instruments to use based on the scenario. However, the stable activities tools and parametric model estimating might come in handy during the project implementation process. The project manager is faced with ...

Order# 209392824

Marketing
Abstract
The software industry has many competitors. One of the big competitors in the industry is Microsoft Corporation. Microsoft was founded in 1975 and was the first company to build an operating system for PC’s. When Microsoft was founded its purpose was to put a PC on every desk. The purpose of the company was to get every person computer literate. The company has monopolized the making of operating system for every PC in the world. Also, the company wanted people to use computers in their homes and business and they also built other programs such ...

Business Model

Business Model
It was written by Teece (2010) that business models are crucial for entrepreneurs at the entry point because it provides them with an operations and value creation mechanisms that would help make sure all its needs are met.

Business Mission
The business will be located in the North Ring area of Riyadh. The total space will be about 22,000 m2.

Target Market

The target market is the general hospitality industry, which includes high-end hotels, cafes and diners around the town. Some of these include Hotel Novotel, Mercure Value Hotel and The Ritz-Carlton Riyadh among others. Among the smaller ...

Final Business Plan

Executive Summary 3
Introduction 4

SWOT Analysis 6
Balanced Scorecard 9
Organizational Assessment 9
Mission 10
Vision Statement 10
Value Statement 10
Strategy and Tactics to realize Strategic Objectives 10
Marketing Strategy 11
Monitoring and Control 11
Ethical Issues including Legal and regulatory Issues 11
Corporate Social Responsibility 12
Conclusion 12

References 13

Executive Summary
The Eco Food Company was incorporated in the year 2012 as an entity to provide eco-friendly and high-quality food to the consumers. The sales were executed against the orders gathered. However, with the help of its talented and dedicated staff, the organization was able to attain ...

Business Plan

Business Plan

1-Executive Summary

Importers ltd is a proposed Canadian based company that intends to fill the market niche that exists between international students who would wish to pursue their tertiary education in Canada and the various universities available in Canada. At a figure of 98 universities spread over 8 provinces, Canada offers opportunities to international students to pursue various university programs (Parrish & Foxon, 2006). However currently, information provided at the various universities’ website is not adequate as it does not handle issues like conversion of the various grading system to compare them with the Canadian grading system. Some universities have ...

IHMN

The hospitality industry is categories under the service providing industry. Its focus is on lodgings, theme parks, event planning, transportation, and some fields in the tourism industry. Notably, the hospitality industry is several billions dollar. According to Select USA website, the travel and tourism industry generated approximately $1.5 trillion in terms of economic output for the USA in 2012. The hospitality industry is highly competitive. Those in the industry face competitions from new entrants and among themselves. Essentially, firms and organization in the industry are always alert with the ever-charging market demand, supply, as well as technological advancement. The ...

Business Proposal

Overview of the business concept
There are cases and situations that you are in town feeling very hungry. The restaurants that are around you do not serve your favorite meal, but the restaurant that does serve it does not have a delivery service. Why not call Make My Day Delivery Company. This is a company that works independently from all restaurants and will bring you the food or meal you would like to have wherever you are. The restrictions of the delivery are edibles alone therefore it does not deliver parcels and goods other than food, drinks and beverages.
...

COMPANY DESCRIPTION

The company will be establish in Washtenaw County, MI. this will be the finest online food delivery service ever. We aim to provide excellent and satisfactory level of service in the industry. However, this will not cover only for the people in the county. We will also cater people all over the state. Our goal is to deliver food and beverages at houses, establishments, universities and campuses, hotels, and lodging motels. This also offers them to choose for their perfect set up delivery using the Internet. We will be providing excellent food with fun packaging at valued prices.
...

Introduction & Brief Description of Business

Entrepreneurship allows for the opening of new businesses bringing about jobs for the people in a community and revenue that benefits not only the business but also taxes for the city and the state. Entrepreneurs usually take advantage of processes to enable their success in business to include lean experimentation that allows for the resolution of risks speedily and with minimum resources thereby allowing for testing of a business model; the enactment of investing which permits the entrepreneur to confront risks in order of importance thereby having the ability to use only the resources that are needed to meet ...

Arabic Café

Company Background

Company objectives
Mission and Vision
The mission of Arabic Café is to meet the needs of our clients and investors and to exceed their expectations. It is the hope of this establishment to generate exceptional financial results to the shareholders of the company.
The Vision of Arabic Café is to grow into a four-star hotel with establishments in the main destinations throughout the Asian continent. It is hoped that growth will be achieved through increased partnership and franchising. It is our intention to create and sustain a reputation of novel and cutting-edge products and services to our ...

Arabic Café

Company Background

Company objectives
Mission and Vision
The mission of Arabic Café is to meet the needs of our clients and investors and to exceed their expectations. It is the hope of this establishment to generate exceptional financial results to the shareholders of the company.
The Vision of Arabic Café is to grow into a four-star hotel with establishments in the main destinations throughout the Asian continent. It is hoped that growth will be achieved through increased partnership and franchising. It is our intention to create and sustain a reputation of novel and cutting-edge products and services to our ...

Executive Summary

GPV Enterprise was formed February 2009 to provide travel arrangements that include airline, hotel, car and vacation packages to prospective clients. GPV also plans events such as family reunions and tours. The founders of GPV are Marissa and Anthony Gilbert. Both founders have their MBAs and are passionate about GPV Enterprise.
An opportunity for GPV’s success exists because the national tourism and travel industry is growing annually. Further, the Nashville travel market is growing at an alarming rate and has no providers who specialize in travel and event planning. GPV is destined to take advantage of this growth ...

Introduction

I am a strong adherent to the idea provided in the task, because I really think that, unfortunately, we – students – do not have enough time to devote it to our favorite interests. Still, if we ponder over more globally, we will actually observe that the opportunity of establishing our own work is persistently walking around each of us. I guess, everyone has always thought of mixing business with pleasure.
Well, business plan is the thing that combines both expectations from presenting business and telling your wonderful ideas to your presumed investors. According to this, we are going to talk ...

Business Plan

INTRODUCTION
Fairyhouse is a premium Race Course that is situated in County Meath, and it is located 15 minute drive from the airport and 20 minutes from the Dublin city center. This race course is one of the most significant thoroughbred horsing venues in County Meath. This race course is considered as the home of the Irish Grand National, and the first steeplechase was held in this racecourse. There are nearby hotels and guest houses that are important form of business support to the race course. The race course is acquired on a 10 years lease which contains a five year ...

EXECUTIVE SUMMARY OF THE PROJECT

EXECUTIVE SUMMARY OF THE PROJECT
The document consists of a Project proposal for a new startup company in the United States of America. The new start-up will be named Everyone Walks Inc. The company will have the objective to offer mobility solutions to its clients with a wide variety of products as mechanic and electronic wheelchairs, crutches and other devices to people with mobility limitations. The future organization will be established in the United States of America with the intention to exploit this market first and then expand to other countries in the world. The hospitals, malls, and airports ...

Inventing a Wheelchair company (electronic one)

Introduction

The venture into production of an electric wheelchair is a unique business with tremendous opportunities. The name of the company will be "Everyone Walks" and will be owned by Don White hence will be a sole business. The company seeks to design devices that will make living easier and affordable for all as it aims adequately to meet the needs of the physically challenged in society. The business will target larger areas such as airports, parks and hotels where they can be hired through an online platform referred to as the e-wheelchair (Škraba et al., 2015). The business ...

We live in the age of technological development, when time-management and business optimization took care about most routine issues. Nevertheless, it is important to find time for yourself and relax without any responsible thoughts. That’s why SPA-salons and health centers are gaining their popularity, as time spent for oneself gives more efficiency in other spheres of person’s life. So now turn out to be so generally popular of different workshops of magnificence; expanded interest has turned into a win even a recently opened business. Hence, according to the recent research, it was decided to open a Health ...

Business Advice

Abstract
Endowments funds are investment funds or financial assets that are donated to academic institutions like universities, NGOs, hospitals and churches. Endowments are generally invested by the fund management teams of the institutions into investment vehicles like real estate assets, equities, bonds and investment funds to generate an extra inflation adjusted income which helps in further asset formation and meeting the ongoing operational costs. XYZ University has decided allocate a portion of its endowment fund for direct investment in commercial real estate. The investment committee needs to take the decision by evaluating the options available in commercial real estate ...

Introduction

In the previous era, organizations faced many difficulties in order to maintain the infrastructure of IT department. Nowadays, with the assistance of technological innovation, the management of IT department has become easy and stress free. It is a management summary of an organization that wants to upgrade its IT infrastructure specifically relevant to the Project management reporting. The engineers of data stream design team find out the loop holes of current IT system installed in the organization and prepare a detailed report for them. GDS requires an automated infrastructure of IT department that reduces the cost and expenditure of inter-organization communication.

Discussion

...

The world is increasingly becoming globalized in a manner that travelers review websites fields are highly growing with time. As a hub for sourcing hotel information by travelers, the company has many opportunities that it can venture into not only to increase profitability or revenue but to upgrade its global appeal to attract more customers (O’Connor, 2008). The company should effectively engage in the aspect of expanding tourism on a worldwide scale. The driving force behind this strategic opportunity is the company’s ability to provide explicit and good reviews about hotels unlike many of its competitors in the industry that ...

Executive Summary

ProService Company LLC will operate in Tysons, VA to provide high-quality services for Washington D.C., Maryland and Northern Virginia (DMV) area. Company’s Address is 1800 Spring Hill Rd. Suite 310 Tysons, VA 22812.

A2. Mission of the Company:

The mission defines the essence of the organization and consolidates staff around this idea. We can even talk about some programming the staff to achieve and implement this idea. The mission of ProService Company LLC is to provide our clients with excellent means of modern, simple and reliable resources of global computerization. We also tend to solve the unsolved problems innovatively.

A3. Business Goals:

The company’s goals ...

[Class Title]

Introduction
This paper would like to discuss Ryanair’s business strategy and how it is linked with the company’s financial accountability. As stated by Friedman, a business’s primary accountability is to increase its profit. Apparently, financial accountability does not only relate to providing accurate reports and financial statements to avoid fraud. An equally important concept of financial accountability is on how it relates to managing company resources, expanding on strengths and how it effectively uses accounting tools to develop strategies that would provide economic benefit for the company. However, economic forces can sometimes become confusing. ...

INTERNATIONAL BUSINESS/ GLOBAL BUSINESS PLAN

1.0 Executive summary
The illuminator is a business that deals with the household appliances. Through the help of the management, the business has decided to go to the outskirts to expand on its markets and increase the sales (Barrow, C. 2011). By concentrating on its SWOT analysis, the company has found it best to have other branches in India. After having conducted an adequate research, the business has decided to move out to India and provide some of the household items like the fridges and cookers.
The following business plan will direct the company in establishing itself there ...

Introduction

The XYZ is a company that thrives in the tourism and hospitality industry. The company has a total of five 4- 5 star hotels as well as 250 3-star motel Franchisees in the USA. This proposal intends to examine how the company will budget for USD$125 million for investments and expansion over the next five years. In addition, various prospective areas of investments, which include the Times Shares Companies, will be considered.

Background

The primary purpose of this proposal is to provide a glimpse on how the company may use the available resources to invest and expand its market niche to other ...

Tal Al Amar, Inc., an Atlanta based company, will operate Marhaban, a medium-size restaurant serving healthy, contemporary Arabian-American style food. The restaurant will be located downtown Atlanta at 1841 Peachtree Street, Atlanta, Georgia. Tal Al Amar, Inc. was incorporated in June of 2014 and elected sub-chapter S for IRS tax purposes ("S Corporations"). A satisfactory site for the Marhaban restaurant was scouted in May of 2014 and lease negotiations have been finalized. The restaurant will be on Peachtree Street, in the heart of Atlanta’s downtown district, which is close proximity to Georgia State University and in walking distance to ...

BUSINESS STATISTICS

Business statistics

Business statistics 2

Introduction 2
Description of data 3

Result and discussion 6

Bibliography: 7

Business statistics
Introduction
The project is aimed at focusing on the effect on various factors on the CCResort.the major factor in the project is the income generated by the CCResort. The income refers to the amount the resort generated from the hotel and SPA facilities from the customers who are using the facilities. These factors include; number of people in the booking party, length of stay represented by number of nights, age in years of the person making the booking, the total amount in ...

Project Overview

As it was presented and further approved by the Board of Directors, this document aims to enact a detailed implantation plan of the Online Loyalty Program for the clients of an Eagle´s Next Hotel Chain. Current loyalty solution applying physical cards proves to be ineffective and market competition drives innovation in this sector. Given the IT capabilities and existing market technology it was suggested that the company develops personalized mobile application that will serve as a loyalty cards upon validation of the hotel stay.

The arguments behind the recommendation for the investment portfolio were summarized as follows:

- Financial benefits from the project account s for USD$ 20 million in profit over the ...

(Course No.)
(City & State)

Executive summary

With the development that is seen with online presence, there has been a need to have website so that information regarding some aspect is readily available. The internet promises faster and reliable advertising for many professionals. This paper will focus on a business plan for my website that will be used for marketing my skills and personal information after graduation. This will be an invaluable tool to market my skills. It will also look at the objectives that the website will target, the scope of the website, the, milestones that will act as a guide in achieving ...

Introduction

The tourism sector in Turkey has been on a steady growth since 1980 when the country received 1.2 million tourists. This figure has increased almost 25 times as the country received 31.4 million international tourists in 2011. According to the World Tourism Organization branch of the UN (UNWTO) (2011), Turkey is ranked as the sixth most visited country in the world. This growth in the sector shows that there are business opportunities for potential tourism investors.
Beach tourism and tours to historical sites are the major products of the Turkish tourism sector. The country, however, offers other products such ...

BUSINESS PLAN

Executive Summary
Delish Beach Café is an outstanding eating experience right by the beach, known for its great foods and drinks in an environment of warmth. As an all season restaurant, Delish Beach Café allows its summer visitors to enjoy an excellent dining experience on the sunny terrace, enjoy the fresh local products, enjoy a wide variety of cold and hot drinks, and picnicking on the beach. Visitors are also able to see and purchase the traditional beach products and a wide variety of seaside theme products. During winter, the visitors can have a bracing beach walk, and thereafter, enjoy the ...

An agreement Contract between Oze Tavern (Company in NY) and the Chile National Team

The parties and their contact details
The management of Oze Tavern Sports Agency based in New York is pleased to propose an international friendly match between the United States National Soccer Team and the Chilean National Soccer Team. This is subject to confirmation of receipt and consequent reaction from the Chilean Football Federation whose details are as follows:

Tel: +56 2 810 1800 Fax: +56 2 284 3510

Office Location: Avda. Quilín No. 5635 - Comuna
Peñalolén Casilla No. 3733 Central de Santiago
Región Metropolitana de Santiago, Chile
...

Executive summary

Four main recommendations on what Johnson and Johnson Company should do to correct the continuous horrific series of activities for years. These include improving the management of the company. This may include the hiring of more officers to be in charge of various production centres or company. This is made to decentralise the management of the company. The company should also improve of the production procedure/techniques. This should be done to ensure quality of the products. Proper procedures of introducing new products should also be followed to avoid unnecessary law suites. Upholding ethics and morals in the production and ...

Executive summary

Luxury Resort

The luxury resort is a restaurant offering pregnancy packages for expectant woman who are almost delivering. It was established two decades ago and it is for baby moon vacation. The services offered in the SPA luxury resort is prenatal massaging treatments, which are part of the romantic package to make them feel appreciated before delivering. The target market is wide because it aims at expanding to all parts of the world. Its first operations or services were started in Northern America and Europe (Kotler & Armstrong, 2010, 56).

Pregnant women in these regions who were interviewed appreciated the ...