1177/0010880406289070 Volume 47‚ Issue 3 1-14 The Role of Brand Affiliation in Hotel Market Value by JOHN W. O’NEILL and QU XIAO The notion that a hotel’s brand contributes significantly to the property’s market value is supported by an analysis of nearly eleven hundred hotel transactions over the past fifteen years. The analysis found that brands added value beyond the usual contributors to a property’s value‚ such as net operating income and revenue per available room. The effects of branding
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A Cool Million is a political novel‚ in the sense that it targets a political establishment which is corrupt and racist‚ bullying and philistine‚ but its strangeness left the political movement largely nonplussed. It is a novel of the end of the American dream. It is Candide recast for twentieth-century America‚ the destruction of an innocent by a system he simply cannot comprehend. Lem Pitkin is a simple‚ if not simple-minded‚ boy who is torn apart – literally so‚ he is systematically divested of
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or the latest available data. Describe any known issues surrounding the industry that might be related to the topic of the report. A conclusion summarizing the main points of the report. Use both commercial and academic resources. Use at least 10 references in your report from academic and industry-related sources. Out of these references‚ at least three must be from academic sources. Where appropriate‚ you should incorporate charts‚ graphs‚ or other visual aids to illustrate the facts you present
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either lead lives of “desperation‚” or are eternally fearful of falling short in a competitive culture‚ or as it seems increasingly common among the young adults living in a fantasy world of video games‚ unwilling to live up to the masculine ideal. Jensen believes “it would be better for the men and women if they would stop trying to be so masculine (5). He acknowledges that the biology culture both contribute to the problem of masculinity. If masculinity was defined as a conquest
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The overview of the Australian bond market Nowadays‚ bonds are playing an increasing important role in investors’ portfolios‚ and which is defined as is a fixed interest type of investment option that would repay the principal and interest on a certain date in the future. By diversification‚ bonds also do a great contribution in reducing the risk of shares and property securities portfolio. The importance of the bond market has been realized by investors and bonds have been an important investment
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I. MARKET STRUCTURE We can classify firms by the roles they play in the target market: leader‚ challenger‚ follower‚ or nicher. Suppose a market is occupied by the firms shown in Figure 1.1. Forty percent of the market is in the hands of a market leader; another 30 percent is in the hands of a market challenger; another 20 percent is in the hands of a market follower‚ a firm that is willing to maintain its market share and not rock the boat. The remaining 10 percent is in the hands of market nichers
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1. Characteristics of the four market structures. [monopoly‚ oligopoly‚ monopolistic competition‚ & perfect competition] 2. Know the four types of monopolies. [Government‚ Natural‚ Technology‚ and Geographic] Market Structure Vocabulary I. Perfect Competition – has a very large number of sellers (hundreds or thousands) of the same product (any agriculture or fishery product). They are all
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Chapter 9 Question #1 What characteristics define the money market? -Money market securities are short-term instruments with an original maturity of less than one year. These securities include Treasury Bills‚ commercial paper‚ federal funds‚ repurchase agreements‚ negotiable certificates of deposit‚ banker’s acceptances‚ and Eurodollars. Money market securities are used to “warehouse” funds until needed. The returns earned on these investments are low due to their low risk and high liquidity
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Firms that comprise the industry produce similar products and consumers have complete and accurate information about their prices. All firms have equal access to raw materials‚ capital‚ labor and technology. A perfectly competitive industry‚ therefore‚ has no single market leader or monopolistic firm. All participating companies are identically leveraged and each must offer high quality products to retain customers. Examples of perfectly competitive industries include those that offer agricultural products
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Market structure is defined as the particular environment of a firm‚ the characteristics of which influence the firm’s pricing and output decisions. There are four theories of market structure. These theories are: Pure competition Monopolistic competition Oligopoly Monopoly Each of these theories produce some type of consumer behavior if the firm raises the price or if it reduces the price. The theory of pure competition is a theory that is built on four assumptions:
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