Preview

Halina Mountain Resort Part a

Good Essays
Open Document
Open Document
843 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Halina Mountain Resort Part a
Abstract

Victor Herrera, chairman of the board of Blue Heights Realty & Development Corporation, desired to launch his company’s first big project, a mineral hot spring resort at Bucal, Calamba, Laguna named Halina Mountain Resort (A). He wanted to make it as “something he could leave for his family”.
Blue Heights Realty & Development Corporation was organized in October 1976 attached in owning, improving and managing real estate; it is considered a stable company with authorized capital stock of P1 M and paid-up capital of P900T.
The proposed resort was planned to establish to their 2.2 hectare land in Bucal, calamba, Laguna. The land was composed of 1.5 hectare Victor inherited from his father in 1974 and the other 700T hectare which he purchased from his commission from commodities trading.
Upon the proposal of the project, Victor asked his son Victor Jr. to make a survey and gathered enough data and information about the vicinity and its rival resort. Also, he made an application with the Ministry of Tourism requesting the approval for the establishment of the resort stating his reasons for going into the resort trade. And lastly, he made a loan application for a P1.3 M with Far East bank and Trust Company however, there is no assurance if it would recognize the merit of his proposal, with a complete paper requirement, Herrera strongly believed that his project is viable & attractive and their reports are unbiased. The only problem would be the approval of his loan application with the Far East Bank and Trust Company.

I. Statements of the Objective/s * To pursue the loan from the bank and continue with the desired project for the resort. * To be able to impress the management of the bank to grant their loan. * To seek ideas that will make the Halina Mountain Resort a unique place that will stand out against its anticipated competitors.

II. Central Problem/s * Loan Application

III. Areas of

You May Also Find These Documents Helpful

  • Powerful Essays

    Bu 601 Final Paper

    • 2137 Words
    • 9 Pages

    Though the company is still clearing its outstanding debt, Currie is optimistic that they are headed in the right direction. With this new venture, we are assuming that since the TxDOT is has expressed enthusiasm in Currie entering the market, we would be able to gain some subsidies from the government in setting up the wholly owned subsidiary and revenues earned from the new venture, would be able to cover the interest expense on the new loan. We could have sold some of our property to finance the wholly owned subsidiary, but due to recession, it would be tough to find the right buyer and a right…

    • 2137 Words
    • 9 Pages
    Powerful Essays
  • Good Essays

    Drowling Mountain

    • 1992 Words
    • 8 Pages

    o Large Capital Requirements – needing a large sum of money to start a resort posses a problem for new firms entering the market…

    • 1992 Words
    • 8 Pages
    Good Essays
  • Good Essays

    Milagro Beanfield War

    • 864 Words
    • 4 Pages

    planning to build a brand new resort. The only only problem is the location of this development is right…

    • 864 Words
    • 4 Pages
    Good Essays
  • Good Essays

    Our notes of the essential facts of your case indicate the following: You sought the acquisition of an existing hotel…

    • 5253 Words
    • 22 Pages
    Good Essays
  • Satisfactory Essays

    Final Case Analysis Paper

    • 440 Words
    • 2 Pages

    chance to build homes next to the resort was offered but Disney opposed the offer for some odd…

    • 440 Words
    • 2 Pages
    Satisfactory Essays
  • Best Essays

    Las Vegas Resort Project

    • 1940 Words
    • 8 Pages

    You are a member of a firm that specializes in the development of world-class resort hotels around various parts of the world. A client has hired your firm to create a report and recommendations for a new resort somewhere in the United States.…

    • 1940 Words
    • 8 Pages
    Best Essays
  • Better Essays

    Green Mountain Resort was initially constructed as an attractive amenity for home ownership in the Appalachians. Property owners received a membership to the resort and were offered a not only a home, but a lifestyle. The problem with this strategy was that Green Mountain was made for buyers and not vacationers. As it had happened with other developments in the past similar to Green Mountain, the fear that once there were no homes there would be no more buyers and the resort would eventually lose its appeal and go out of business. After the investors decided to continue to have the operation running, the second issue was that of personnel turnover. Since it was not a big operation, there was not much room for advancement, and turnover was inevitable.…

    • 1133 Words
    • 5 Pages
    Better Essays
  • Good Essays

    Boardman Management group manages resort with a mission statement to provide a unique and quality experience for…

    • 1517 Words
    • 7 Pages
    Good Essays
  • Good Essays

    The reputation of the resort will affect our payoffs in case we get a favourable result on the lease (or at least expect to), and development of the resort gives us an incremental +5.5M over simply selling it without development.…

    • 888 Words
    • 4 Pages
    Good Essays
  • Good Essays

    * Considering the social system and the economic structure of the host country in creating compensation packages that drive our new venture and are integrated properly within the framework of our capital investment in the Caribbean tourism industry.…

    • 997 Words
    • 4 Pages
    Good Essays
  • Powerful Essays

    Cooper, C. (1992) The life cycle concept and strategic planning for coastal resorts. Built Environment 18 (1), 57–66.…

    • 1760 Words
    • 8 Pages
    Powerful Essays
  • Powerful Essays

    Report-Proposal for Caesars

    • 3129 Words
    • 13 Pages

    I choose to build the next Caesars Palace Resort by the name of “Wave” in the Sanya Tropical Beach in Sanya City, Hainan Province, China. [Wave] would be the first casino resort in Hainan province, the landmark in the “Golden Tropical Beach”. [Wave] aims not only to bring the guests the high profile gaming experience, but also to offer the guests rich non-gaming offerings, through various entertainment and leisure service. At last, [Wave] aims to support and contribute to the sustainability of the environment, the local community, especially the minority villages.…

    • 3129 Words
    • 13 Pages
    Powerful Essays
  • Satisfactory Essays

    Procedure 1. The Project Proponent should submit a project proposal to the Director/Planning & Development of the Sri Lanka Tourism Development Authority (SLTDA) (Tel. 011-2437062). The proposal should include the following factors; * Introduction of the investor, * Concept, * Location, * Product Development, * Financial Plan, * Marketing Strategy and * Community Benefits. 1. The proposal will be evaluated and the Director, Planning and Development will request the Project Proponent to attend the Development Committee Meeting. At this meeting the project proposal will be discussed in detail. 2. Subsequently, a site inspection will be conducted to evaluate the suitability of the proposed project. 3. A “In Principle Approval” letter will be issued, following the meeting and site inspection. 4. Once the project proposal is acceptable, the Project Proponent would have to fill in an application, ensuring all Development Guidelines are met.Development Guidelines [More]The SLTDA has specific requirements a Project Proponent would have to meet in order to obtain approval. Details of these criteria are given in the following notifications: The Gazette Notification No. 1070/10, dated 11th March 1999 details requirements for hotel projects. The Gazette Notification No. 1096/6, dated 6th September 1999 details guest house project criteria. 5. The completed application form should be submitted to the Planning and Development Division of the SLTDA. 6. The application will be referred to all related…

    • 680 Words
    • 3 Pages
    Satisfactory Essays
  • Better Essays

    I Was Here to Study More

    • 992 Words
    • 4 Pages

    Seaside Cottages and Beach Resort started as hangout place near the shore made by Mr. Victor. As visitors started to drop by the hangout, Mr. Victor, the owner, decided construct a hut by the seashore. The hut also served as a space for rent. When a breakwater was established, the water started move back away from the shore and the land started to widen. Due to this event, Mr. Victor started to build more huts. While the visitors are using these huts for rent, Mr. Victor grabbed the opportunity to further expand his business. Since it’s near the sea, he made it as a resort. And from then on, it was known as Seaside Cottages and Beach Resort.…

    • 992 Words
    • 4 Pages
    Better Essays
  • Powerful Essays

    The CAMAYA COAST is located in SitioWain, Mariveles, Bataan, which is easily accessible by land and sea travel.…

    • 1699 Words
    • 7 Pages
    Powerful Essays