Preview

Queen's Inn Case Study

Good Essays
Open Document
Open Document
865 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Queen's Inn Case Study
The Queen`s Inn _Assignment 1

The table of information supplied, regarding the business activities of the Queen’s Inn, located on the Atlantic Ocean in St. John’s, Newfoundland, revealed much information. The following report will discuss the current business situation and will be followed by recommendations for change. These proposed changes will mainly deal with changes to the Inn’s present business strategies that will insure future profitability. Also reviewed will be modifications to the supplied database to enhance its efficiency and usefulness.
Currently, the Inn is performing relatively well, however, based on historical data within the supplied database,
…show more content…

However, this information alone is very misleading. Three additional reports, “Room Type Occupancy”, “Base Income per Room”, and “Avg Income per Room Type per Night”, shed much light on exactly where its strengths lie. For instance, occupancy for the 3 Room Types show that the 10 Ocean view rooms have a 100% occupancy rate, while the 10 Bay view rooms rate at 80% and the 10 Side view at only 40%. As well, base income shows the Ocean view rooms account for well over half of the total income and average $254 per room per night while the Bay view and Side Street view average $155 and $127 respectively. As for who is renting these rooms, it can be speculated that it would be mostly couples taking advantage of the Romantic Weekend Getaways. Typically speaking, those seeking business and family accommodations would opt for less expensive rooms. In terms of future business, based on this information, emphasis on this sector of potential customers would be very …show more content…

The first of these recommendations is the investment in a computerized reservation and bookkeeping software that is tailored to this type of business. Aside from this, the supplied Access database could be modified to supply like information for strategic decisions. Information can be inputted through drop down menus and records added through completion of standard forms requesting detailed information upon Guest reservation and or check in. This inputted information will feed and update a modified table that will gather and save the information that will be vital for future decisions. In addition to the database fields already in the table, other information needs to be collected. Information related to discounts given will show if package style discounts are working. Fields identifying extra charges, such as extra guest charges, are important information. One step further would be to have these types of discounts and additional charges located in a table by themselves so that they can be changed and modified without changing historical data (the present income information within the database does not specify what discounts or charges may or may not have been applied). These tables can be accessed

You May Also Find These Documents Helpful

  • Best Essays

    Internet options such as offering discounts through social sites such as Living Social will create awareness and create demand as we will make offers that are irresistible to those that would want to try us but are a little be concerned about the cost. Once they purchase the discount coupon we will limit how much time is available for them to use so we can create urgency. Premiums in which we will offer price reductions to venue managers so that they can promote our business for us will also be used. With premiums hotel managers will be able to pass the savings to select guests as a reward or to compensate for a service.…

    • 4846 Words
    • 20 Pages
    Best Essays
  • Powerful Essays

    In regards to the past performance of the Westover inn, it is clear to see that the inn has been an underperformer in regards to recording any positive net income. Despite the consistent years in failure to produce a positive income, the trend is clear that progression is being made as each year has shown an increase in profit and revenue. This has much to do with the productive way of reducing expenses and the inn gaining more recognition and consistent clientele. A clear issue the inn has faced has been has been the trouble of repaying its interest on their original investments as seen with a times covered ratio.…

    • 754 Words
    • 4 Pages
    Powerful Essays
  • Powerful Essays

    Sal Ltd Case

    • 3725 Words
    • 15 Pages

    Amber Inn & Suites is a 250 property hotel chain located in 10 western and Rocky Mountain states. The hotel industry is a $113.7 billion industry and as a whole recorded $16.7 billion in pretax profit in 2004. It is a very profitable business. In the United States, there are 4.4 million hotel rooms with 10 companies controlling 54% of the available hotel rooms (Kerin & Peterson, 2010). Amber Inn & Suites is a limited-service hotel chain as they those types of hotels do not offer restaurants, lounges, and banquet rooms…

    • 3725 Words
    • 15 Pages
    Powerful Essays
  • Powerful Essays

    The Amber Inns & Suites, Inc. is a 250 property hotel chain, struggling with net operating lost since 2002, with fiscal year 2005 projected to be its fifth consecutive unprofitable year. The company has projected lodging revenue of $422.6 million and a net loss of $15.7 million for fiscal 2005. Joseph James, the company’s new president and chief executive officer, wants an hour presentation that describes initiatives, expenditures, and outcomes for the past two fiscal years, and a planned initiatives and budgetary needs for fiscal 2006. Mr. James goal for the company is to achieve profitability within two years. To this end, the V.P. of Sales and Marketing and the V.P. of Advertising has to corroborate on resource allocation in their respective budgets. The company would use growth in Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) as a corporate performance measure and a basis for determining senior management executive incentive compensation. It should be noted that EBITDA often disguises the financing effects of operations and allows allot of leeway in what is reported. This analysis looks at marketing strategies that best justify potential budgetary objectives that could lead to profitability.…

    • 2357 Words
    • 10 Pages
    Powerful Essays
  • Satisfactory Essays

    b) Give discounts with restriction: This is very critical as customers are very widely varied in perception about discounts and restrictions. Hence, they should exercise discounts with restrictions, like hotel stay, very carefully to make sure they have minimum vacant seats for regular passengers.…

    • 470 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    * Residence Inns: offered “suite arrangements” that incl. a kitchen, sitting room, & 1 or 2 bedrooms…

    • 1695 Words
    • 7 Pages
    Good Essays
  • Good Essays

    Amber Inn & Suites, Inc., formed in 1979, operates 200 Amber Inn properties and 50 Amber Inn & Suites properties located in 10 states throughout the Rocky Mountain and western states. On Average, each location has approximately 120 individual guest and suite-style rooms. Under a new president and CEO, the goal is for Amber Inn & Suites to reach profitability within two years after five consecutive years of unprofitability. This company is positioned as a limited-service hotel which does not have the amenities such as a restaurant, lounge, or meeting rooms. This type of hotel is classified under a midscale hotel with food and beverage, such as Holiday Inn and Ramada Inn.…

    • 1305 Words
    • 6 Pages
    Good Essays
  • Good Essays

    Magnolia Inn Case

    • 825 Words
    • 4 Pages

    Their room rate is $175.00 per night. The attention to customer satisfaction appears to be fantastic. Their goal is for 90% customer satisfaction and for each guest to feel a part of the family with the kind of customer service normally reserved for family members.…

    • 825 Words
    • 4 Pages
    Good Essays
  • Best Essays

    Maverick Lodging

    • 3068 Words
    • 13 Pages

    Maverick Lodging is a hotel management company that manages the day-to-day operations of third party franchisees of the Marriott Corporation. The company has recently implemented a balanced scorecard in an effort to align company strategy, structure, performance measurements, and incentives. The organization strategy involves growth in revenue and customer base with the use of differentiation. Issues with the current scorecard and its measures have been identified. Alternative solutions have been researched. A recommended course of action is presented that will allow Maverick Lodging to achieve its strategic goals and objectives.…

    • 3068 Words
    • 13 Pages
    Best Essays
  • Good Essays

    The Amber Inns & Suites, Inc. is a 250 property hotel chain in the western and Rocky Mountain states.…

    • 365 Words
    • 2 Pages
    Good Essays
  • Satisfactory Essays

    GR Hotels

    • 1647 Words
    • 7 Pages

    Introduction. The report was prepared for GR Hotels Board of Directors review. It examines current opportunities to increase profitability. Several options were examined and the most plausible solution proposed – Upgrade to upscale both hotels. This measure will increase long term profits and improve position in the core business.…

    • 1647 Words
    • 7 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Global Recession: Currently due to the global economic recession and the appreciation of the Canadian dollar vs US, less people are travelling, their leisure budgets are smaller. Consequentially the revenues are lower and the competition for customers higher. In a competitive environment, customers are not price takers. There are various comparable motels so George Alward can simply take his business to the competition.…

    • 518 Words
    • 3 Pages
    Satisfactory Essays
  • Powerful Essays

    Hotels of any size are costly investments to begin with. The costs involved in maintaining the property to the necessary levels to keep attracting customers can at times be very high. Capital expenditures projects in the hospitality industry are primarily focused on the achievement of customer safety and comfort in a clean, friendly, and healthy environment. This paper will describe what capital expenditures are, what is involved in setting up a capital expenditure plan, how it is funded, and who the stakeholders in the process are.…

    • 3075 Words
    • 13 Pages
    Powerful Essays
  • Better Essays

    Premier Inn Swot Analysis

    • 964 Words
    • 4 Pages

    Premier Inn is a chain of budget hotels belonging to the Whitbread Group PLC. It is the market leader in budget hotels; there are 466 Premier Inn hotels throughout the UK with approximately 30,000 rooms which is expected to rise to 45,000 rooms by 2010. Whitbread owns other brands such as Marriot (UK), Brewers Fayre, Costa Coffee etc.…

    • 964 Words
    • 4 Pages
    Better Essays
  • Good Essays

    From the description of the case study, it seems that the reason lead the Portman Hotel to this terrible situation was that their HR policies were inconsistent with its strategies. The Portman Hotel's philosophy is that if they want their customers treated better, they must treat each other better. They also think the Portman Hotel is a place where they can make their employees feel satisfied with their jobs. Their jobs will be fun and they will fulfill their expectations. The employees will have the best work experiences. Besides, the Portman Hotel expects to be the best employer in San Francisco. They are willing to show their trust and pride in their employees. That's why the hotel considered their "associates" of the highest potential, and, thus, they could retrain associates rather than reprimand them. In addition, they wanted to help employees gain growth in both associates' personalities and their professionalities.…

    • 2286 Words
    • 7 Pages
    Good Essays