Copa Cruises - Welcome Aboard! Copa Cruises is a 40-year old company that offers dining and sightseeing cruises. What started with only one ship at Maryland’s Eastern Shore‚ is now a big business operating at multiple locations with 40 vessels. Copa operates scheduled tours at least twice daily during the peak travel/tourism seasons at each of its locations. The total number of scheduled tours varies based on the number of vessels available at each location. Copa also offers its ships exclusively
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Health Cruises Case Read the Health Cruises Case and submit answers to the following questions. 1. What is the minimum number of passengers Health Cruises must sign up by November 20th to break even? [show your calculations] Considering that an average ticket price is $1500 and the cost per passenger is $200‚ each sold ticket generates $1‚300 of the positive cash flow. Since $295‚000 of the initial capital had been spent by November 14th‚ the following minimum number of passengers must
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My Singapore with Cruise (July – Sept’13) 5 Nights & 6 Days Destination: Singapore Singapore Blessed with a tropical climate‚ Singapore is warm throughout the year and anytime is a good time to visit this vibrant place. The wettest months are November and December while the hottest are May and June. However‚ to capture the true essence of the city‚ the festival season is considered by many as a good time to explore Singapore. Whether it is culture‚ cuisine‚ arts or architecture‚ Singapore
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1. What is the minimum number of passengers Health Cruises must sign up by November 20th to break even? [show your calculations] Fixed Cost = 220000+10000+65000 = 295000 Variable cost per passenger = 200 Revenue = 1500 per passenger X # of passengers (# of passengers = x) Revenue – Cost = Profit 1500x – (200x+295000) = 0 x = 226.92 rounded up to 227 passengers to break even 2. Should Health Cruises go ahead with the cruise since 200 people have signed up by November 14th?
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Cruise Ships: Is Bigger Better? “Size matters not. Look at me. Judge me by my size‚ do you? Hmm? Hmm. And well you should not.” -Yoda‚ Star Wars: Episode V – The Empire Strikes Back Throughout the world‚ there are hundreds of thousands of vacation possibilities a person can go and experience. Tourism has become a big business‚ and in terms of size‚ cruise ships are a big fish in the ocean of tourism. However‚ within the cruise ship industry‚ there is still a
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overhead costs from the linear is $2603.23. 2.3 Cost Prediction 2.3.1 Increased Labor Hour Prediction If John Cruise was to raise the labor hours for Island Wheels Ltd to 8500 hours‚ then the overhead costs would stand at $81400 [(44000+(4.4*8500)] and $84432 [46862+(4.42* 8500)] when used High Low method and Regression analysis respectively. 2.3.2 Increased Machine Hour Prediction If John Cruise was to raise the machine hours for Island Wheels
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Celebrity Cruises was founded in 1989 by the Chandris Group‚ a Greek company originally in the shipping business. In 1997‚ the company merged with Royal Caribbean International to become part of Royal Caribbean Cruises Ltd. The parent company was determined to keep the two brand’s marketing and operations separate in order for each to target their own market segments. Royal Caribbean Cruises Ltd. operates not only Royal Caribbean Cruises but also Celebrity Cruises‚ Azamara Club Cruises‚ Pullmantur
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Marketing Strategy Development Proposal - Disney Cruise Line Dave Rothenberg & Kang Liu Marketing in Tourism and Hospitality Dr. Ceridwyn King Temple University School of Tourism and Hospitality Management Structure Executive Summary ……………………………………………………………………………..2 1.0 Introduction ………………………………………………………………………………….2 2.0 Situational Analysis …………………………………………………………………………2 2.1 Internal ………………………………………………………………………………2 2.1.1 Organization Analysis …………………………………………………….3 2.1.2
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MGB225 - Negotiation Simulation 3 (Assessed) – Island Cruise To be emailed to relevant team members in week 9 – strictly confidential MGB225 - NEGOTIATION SIMULATION 3 (ASSESSED) WEEK 10 CAPTAIN STUART BING – TEAMS A‚ C & D ISLAND CRUISE Introduction In this exercise you will participate in a negotiation about a cruise ship and its rights to visit a tropical island. You will role-play this negotiation as either the director of the cruise ship or the mayor of the island. The issues to be
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Managerial Economics Market Analysis Report – Cruise Sector Blue Group #9 Matteo Tuninetto Frosina Bollo Antonio Marchitelli Anna Rottmayr ME – Market Analysis Report Blue Group # 9 Page 1 of 14 Content 1. Market definition 3 2. Cost structure 3 2.1. Capex vs. Opex 4 2.2. Fixed vs. variable costs 5 2.3. Entry costs 6 3. Demand drivers 7 3.1. Purchase decisions 8 3.2. Trends in demand that affect revenues 8 4. Competitive situation 9 4.1. Market Concentration 10 4
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