Essays on Lodging

1. Since food and beverage experiences are very personal, how do food service managers design programs that will please customers and keep them coming back? Ans. The primary purpose of food service managers is to ensure customer satisfaction. They ensure that the quality and standards of food and service are up to the mark and the programs are designed in such a way that the customers keep coming back. The programs should include proper training of the employees, effective and efficient supply change management, monitoring the methods of preparation, portion sizes and presentation of food, ensuring the safety measures, ...

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 ...

Executive Summary

The hotel industry is an important sector in any economy. An increase in the number of tourists often leads to growth in revenue. However, this increase often adds the amount of solid waste, a factor which is likely to affect the hotel industry negatively due to environmental pollution. Ineffective waste management practices have forced hotels to incur substantial expenses. Traditional practices of waste management have led to the dumping of waste materials on roadsides, landfills and in oceans leading to environmental pollution, health hazards, and acidification of soil. Hotels need to come up with effective waste management practices which ...

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 ...

Marriott Hotels: Strategic Analysis

Words Count: Executive Summary Marriott International Inc. is a leader in the global lodging industry. Marriot has more than 4,400 properties spread across 87 countries. The company has also done well over the last 90 years and has transformed itself from a root beer stand in Washington D.C to a hotel behemoth. According to the 2015 survey conducted by American Customer Survey Index (ACSI) on hotel brands, Marriot is the most liked hotel brand in the world along with Hilton with a score of 81 (ACSI, 2015). Hotel industry was hit hard by the sub-prime recession in the ...

Abstract

The purpose of the paper is to assess the impact of Airbnb, the company that makes it possible for people from different countries to hand over their property to strangers, on the hotel industry. It is known that Airbnb is the third by cost value private IT-company in the world as its value is $25.5 billion. It is estimated that flow of orders of rooms for the night to Airbnb may increase from 79 million in the current year to 500 million over the next five years (and up to a billion within 10 years). In general, from a ...

MODERN MARKETING FOR AN ANCIENT CITY

MODERN MARKETING FOR AN ANCIENT CITY

Introduction

Belfast is one of the world’s most ancient cities, its location at the mouth of the River Lagan having been continuously occupied since about 2,000 years BCE. There are good reasons for this. Courtesy of the Gulf Stream, the site has a mild climate that seldom gets above 65 degrees F. or below 35 degrees F. Its northern latitude gives it one of the world’s shortest winter, and longest summer, days at the biannual solstices. It rarely snows. The city is ringed by low mountains that create a microclimate to ...

Activity 1: Appendix D; Financial Activity Tasks

A: Asset Register (for the Month of June) B: Transaction Allocation and Coding C: Identification of receipts and payments Coding: R = Revenue, P = Payment, CR = Cash Receipt

D: Allowances and deductions

E: Other statutory reports for a partnership Option 1: calculate GST and report quarterly G1: 420,000 Does the amount show at G1 include GST: YES PAYG tax withheld: W1: 12,500 Option 1: Pay a PAYG instalment amount quarterly T7: 2,210 Summary: 1A: 38,181 4: 2,040 8A: 40,221 1B: 36,298 8B: 36,298 Payment amount: 9: 3,923 Annual income tax Fringe benefits tax Taxable Payment ...

Introduction

It is well documented that there is an entire underground economy in the United States, and much of it is at the behest of the millions of undocumented workers that live within its borders. While there are numerous factors contributed to this reality, many illegal immigrants work in jobs that pay them off the books. This results in no taxes being paid by either the employer of the immigrant, and it also results in a lack of legal protections and benefits for the workers. Many of the undocumented workers living in America come to work on farms and in ...

Statement of historical question

Consumption of coffee in the America. What role does Starbucks play in the American coffee culture? Thesis Statement The evolution of the American coffee culture traces its origins from the seventeenth century. Over the years, the country would grow to become the largest consumer of coffee in the world. It is corporations such as Starbucks have served to spread this culture across the globe.

Annotated Bibliography

William H. Urke. All about coffee. Newyork, Newyork the tea and coffee trade Journal Company 1922, Retrieved Apr 13, 2016 from http://ibiblio.org/pub/docs/books/gutenberg/2/8/5/0/28500/28500-h/28500-h.htm Urke was an author in 18th and 19th centuries that focused primarily on ...

In the case of López Ostra v. Spain (Council of Europe), Lopez lodged an application seeking protection of fundamental rights. Lopez had tried to engage the municipal authority in search of a solution to the nuisance and risks posed by the waste-treatment plant. However, the municipal authorities maintained a passive attitude. This prompted Lopez to seek the intervention of the court. In her application, Lopez complained that the industries operating within the vicinity of her residence were not only unlawfully interfering with her home but also her ability to enjoy peace of it. To her, this constituted a ...

Introduction:

Strategic management involves clever and diligent management of the strategic and corporate interests and activities of a company. Strategic management includes within its purview marketing activities, advertising, selling strategies, as well as market development and penetration activities. Strategic management also involves understanding and analyzing the market, and opportunities that a particular market can provide. It then provides input to the production team which makes products to create the maximum impact and gain customer loyalty. It is thus a holistic and integrated process. Strategic management is also the exhaustive accumulation of progressing exercises and procedures that associations use to methodically ...

Introduction To The MEEC Industry

The MEEC industry is one of the fastest and most growing industries in the modern world. It is one of the major contributing factors; that is gaining a lot of influence in the hospitality industry in the contemporary world (Fenich 2005). MEEC is a short word that is used to replace the expression Meetings, Expositions, Events, and Conventions. The MEEC industry has been of great impact to the economy of the United States of America, not only in the hospitality industry but also to the tourism sector. Various steps have been undertaken in the effort to create more conventions ...

In 1947, the top 1% got 12% of the aggregate, and after three decades, in 1978, that stayed about the same - entirely bring down - at 9%. The main 1 percent's offer held at near 10% all through each of the three decades. The post-war period is broadly seen as a brilliant age of the white collar class, with an economy energized in critical part by working class spending. The working class prospered. Its numbers extended, and its expectations for everyday comforts climbed consistently. The U.S. economy developed, and that development lifted a large number of families out ...

History

The Great Depression of 1930s has played a very important role in changing views of Americans regarding labor and unions. There were many people employed, but after elections of the year 1932, the focus of government and courts shifted towards pleasing the labor. In the year 1935, National labor Act was passed. This act is also known as Wagner Act, which justified the rights of labor or workers for changing their representatives in democratic manner and gives right of bargaining collectively with employees. This act has ensured protection of labors from injury and interruptions by removing unrest from the ...

Analysis of LaSalle Hotel Properties

Introduction: Importance of ratio analysis Financial ratios are important in analysing the financial performance of an organization. The financial performance is a key factor in the management of the organization. Financial ratios simplify the financial statements such as the income statement hence managers can easily determine whether the organization is profitable or not. For instance, profitability ratios such as the net profit margin indicate whether the organization is profitable or not. Managers can then identify areas of weaknesses and take corrective actions to improve the profitability of the organization. They are also used to assess the liquidity of an ...

INTRODUCTION

Financial ratio analysis is one of the key techniques for evaluating a company’s financial position. Financial ratios help getting additional information about financial performance of a company that might not be obvious from its financial statements (Erhardt and Brigham 89). They enable the management to evaluate the operating performance of the company in dynamics. Besides, the managers may track their financial goals achievement with the help of this type of analysis as ratios are widely used in planning and setting future performance goals (1). Moreover, the ratios are used to compare performance of companies within one industry, including ...