Essays on Occupancy Rate

The Emerald is a 4-star hotel located in the city center and offers an assortment of services. The major goal of the management is the provision of comfort and unpretentious luxury and charm along with the integration of the best available technology. The hotel currently accommodates leisure tourists, business travelers, contracts, and small and large groups of people. It consists of 250 rooms (200 standard and 50 premium rooms). It also has a restaurant with 125 available seats and adjoining 50 seats in the bar lounge section. In addition, The Emerald has a bay exercise room, a conference and ...

Overcrowding or overpopulation in prisons is defined as a situation when prison(s) hosts more prisoners contrary to the certified normal accommodation (CNA) as stipulated in the establishment’s requirements (Garcia & Marco, 2012, p. 37). This can be validated when there is the scarcity of rooms for inmates to sleep. Besides, the inability of facilities to offer adequate meals or food, poor health care services for inmates, insufficient staff who can care for inmates and ensure their safety as well as the lack of designated accommodation facilities necessary for detaining separately various types of prisoners, more so those that ...

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 ...

Introduction

Glorious Hotel (Glorious) is a small family run hotel located in the popular ski resort of Leysin Switzerland. The hotel is currently run by the third generation of its founders. The hotel focused on a niche market of skiers who visit Switzerland every winter. Rather than just being a hotel that offered boarding services, it also had a small spa to cate to the needs of the hotel’s visitors. The hotel also had a small bar that also accepts visitors who do not used it boarding services. With a boarding capacity of just 40 rooms, the revenues of the hotel were limited. However, since ...

Introduction

Singapore is a rich tourist and international travels destination. Most of the visitors travel for leisure, luxury, family, business, and religious or recreation purposes. The visitors mainly spend in hotels. This makes tourism the main source of income in the country. The travelers bring income to the country’s economy in terms of payment for services and goods. It is also the creator of job opportunities in the economy (Pitchford, 2008). The focus of the paper is to gain deeper understanding and appreciation of the value and means of customer satisfaction and return in luxury hotels in Singapore.Statistics of Singapore's ...

Introduction

The growth of the hospitality industry plays a significant role in the development of country’s economy in terms of income generation, employment opportunities, social and cultural transformation. Hospitality and tourism is a service-based industry due to which utmost importance must be provided to promotional campaigns (Ernst & Young, 2013). A promotional campaign for hospitality is unique as it deals with tangible products, like bed and food, but also deals with the intangible aspects such as experience and social status (Barrows, & Powers, 2008). The aim of this study is to develop a promotional campaign to significantly influence the travelers and tourists to ...

The US Hotel and lodging industry, according to forecasts from Standard and Poor’s has been characterized by overcapacity with about 48 million rooms, approximately one room for every 64 US citizens. The macro environment has been understood to be characterized by a cyclical trend with ups and downs in the recent years. The financial crisis of 2007/2008 seems to have hit the industry very hard as all indications point at a downward trend in the forth coming years. High levels of unemployment, fore closures and declined business and travel characterized this period, leading to the lowest occupancy levels since ...