The main sources of revenue in a hotel are through sales in rooms‚ restaurants and bars. Identify and evaluate other possible sources of revenue. ‘One of the fundamental business concepts is that a company is in business to make money’ (Hales‚ 15:2005). Revenue is the monetary amount that customers pay to receive a product or service and is the first aspect considered when conducting financial analysis as it starts the cash flow process of a company (Hales and Van Hoof‚ 2010). Moyer et al (1995)
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Tusiime Kakande SMC University Restaurant Business Plan Company Description OZ a Kampala based company will operate Aussie Plate Restaurant‚ a single unit‚ medium-size restaurant serving healthy‚ contemporary style food. The restaurant will be located at Plot 45 Ntinda Area‚ a Kampala city suburb. Mission To provide high quality local and fast foods in an exceptional environment. Vision To maintain a profitable restaurant that will provide quality food at a reasonable cost
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traditional shophouse‚ catering mainly for young adults. To offer the true kopitiam experience‚ modern kopitiams such as Uncle Lim’s Cafe mostly offer authentic local coffee brews‚ charcoal grilled toast served with butter and kaya (a local version of jam made from coconut milk and eggs) and soft boiled eggs. Some have extended menus where local breakfast‚ lunch and dinner meals are served. To tap into the sizable Muslim market‚ these kopitiams usually serve food that is halal (permissible for consumption
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EXECUTIVE SUMMARY Hotel industry is an essential part of tourism of india. The expansion of tourism is well inevitable bringing out development of the hotel industry. Hotel industry is so closely linked with the tourism industry that it is responsible for about 50% of the foreign exchange earnings from tourism trade and enterprises. Background to International Hotel Industry (and tourism) The four major BRIC countries (Brazil‚ Russia‚ India and China) continue to be targeted for hotel chain expansion
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new strategy to boost the company’s growth. The management team thinks that it is the right time to establish Rosewood as a corporate brand. A known corporate brand name will encourage hotel guests to stay at some of other Rosewood hotels. Rosewood wants to compete with the corporate and individual branded luxury hotels. As indivudual branded company‚ is is hard to compete with the corporate brands that benefit from cross-property usage. Their current strategy limits their market and objectives. They
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industry‚ ranging from stays in a five-star hotel to meals in a fast-food outlet. In these first two units‚ you will develop your knowledge and understanding of this exciting and fast-moving industry. You first consider the different types of businesses in hospitality industry at national and local levels. You will explore the types of hospitality jobs‚ and the skills needed to work in the industry. You will then go on to look at the products and services offered in different hospitality settings‚
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BSBMKG502 Establish and adjust the marketing mix Introduction: The name of business is Song Huong’s Restaurant; it is one of prestigious restaurant in western of Melbourne. Song Huong’s Restaurant located in 71 Alfrieda Street‚ St Albans‚ Melbourne and contact number is 03 9356 0567; email address is songhuong@hotmail.com.au. And on the other hand the restaurant attracts more clients because it is close to public transport‚ schools‚ motels and a lot of business establishment around the area. The
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CHAPTER 1 THE PROBLEM AND ITS BACKGROUND Introduction A restaurant is an establishment which prepares and serves food and drink to customers in return for money. Meals are generally served and eaten on premises‚ but many restaurants also offer take-out and food delivery services. There are many reasons why the restaurant businesses failed. Food catering establishments which may be described as restaurants were known since the 11th century in Kaifeng‚ China’s northern capital during the first
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Mini Case 1: Hotel Continental By Rodriguez & Echanis Fundamentals of Management‚ Text & Philippine cases (6th Ed) Quezon City‚ Philippines: Diwata Publishing‚ Inc.‚ pp. 69 – 74 I. Personal Perspective To venture to another business as an answer to a growing demand could be an opportunity to grow and expand ones capability in handling business. There are so many nature of businesses and each requires keen knowledge if not thorough for
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[pic] Employer Manual Vacancy Form Please return by email to: employerdirect-vacancies@jobcentreplus.gsi.gov.uk (NB Double-clicking this link should open an email which you can attach this document to. If double clicking does not work‚ you will need to type this email address into your email) Employer Details for NEW EMPLOYERS ONLY If you have advertised with us before please do not complete Section 1 – progress straight to Section 2. Fields marked * are mandatory fields. The stencil
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