What is the weighted average cost of capital (WACC) for Marriott Corporation? WACC = (1 - τ)rD(D/V) + rE(E/V) D = market value of debt E = market value of equity V = value of the firm = D + E rD = pretax cost of debt rE = after tax cost of debt τ = tax rate = 175.9/398.9 = 44% Cost of Equity Target debt ratio is 60%; actual is 41% [Exhibit 1] βs = 1.11 βu = βs / (1 + (1 – τ) D/E) = 1.11/(1 + (1 – .44) (.41)) = 0.80 Using the target debt ratio of 60%: βTs = βu (1 + (1 – τ) D/E)
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1 1.0 Executive Summary As of late 2013‚ Golden Palm Tree Iconic Resort & Spa will be undergoing a rebranding exercise that will result in name change to AVANI Sepang Goldcoast Resort because of the joining to AVANI Hotels & Resorts. (Golden Palm Tree Resort & Spa Sdn Bhd‚ 2013) The group is now investing heavily in infrastructure as well as in building new hotels and resorts whilst renovating and refurbishing existing properties. However‚ they still lack other value additions
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Principles of Management SKI RESORTS IN THE USA CASE STUDY Table of Contents: 1. Abstract…………………………………………………………………………………………..3 2. Question 1………………………………………………………………………………………4 3. Question 2………………………………………………………………………………………5 4. Question 3………………………………………………………………………………………7 5. Question 4………………………………………………………………………………………8 6. Conclusion………………………………………………………………………………………9 7. Reference list…………………………………………………………………………………10 Abstract The following paper
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Kiawah Island Golf Resort‚ the Official Golf and Tennis Resort located on Kiawah Island a few miles from historic Charleston‚ South Carolina. Kiawah Island is ranked best Island in the United States and ranked #2 best Island in the world by Conde Nast Traveller (Kiawahisland.com‚ 2015). The Island consists of 10‚000 acres of land and is home to 18 species of mammals‚ 30 species of reptiles and 300 species of birds (Kiawahisland.com‚ 2015). Kiawah Island Golf Resort is most known for its incredible
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month) and high-income ($11‚500 to $16‚600 per month) families that have the spending power to purchase membership from the club. The minimum requirement for education level are people that obtained the Diploma Certificate and higher. Since in this case‚ the club is targeting the family market‚ age‚ gender and race doesn’t come into consideration. There is also no minimum requirement of family size. All regions are welcome and no specific nationality is taken into consideration. The Orchid Country
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Top French Ski Resorts France is probably the top ski destination in Europe with its wide variety of resorts and excellent ski infrastructure. Each ski resort offers something unique‚ so you’ll need to do your research and make the right selection. Even if you haven’t planned your ski holiday in advance‚ or changed your plans and dates at the last minute‚ don’t worry. The French Alps have enough resorts and ski destinations with last minute availability of holiday rental accommodation. French Alps
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Banyan Tree hotels and resorts is still a small and new hotel group organization‚ they have a lot of ideas; being a worldwide business in their market. As they develop‚ they want to stay true to their core standards and beliefs so that they not change in the future ‚ trying to develop their selections and capability to bring the Banyan Tree Experience to their customers ; having a values which have shown their hard work since their first hotel in Thailand . To achieve more‚ they need to stay in
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a product or service starts with a clear objective and follows the identification of its audience or its market. In the case of Hidden Valley Mountain and Wavepool Resort‚ the resort have already a market but not yet identified and also the communication objectives are not well-established particularly in disseminating information about the resort’s new add-on amenity. The resort should focus more on defining and specifying the communication objectives especially the wavepool amenity which is still
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seaside resort 01-10-2012 Introduction After the war the seaside resorts in Great Britain became very popular. The reason it became very popular was because people could not afford to go abroad. Also the transport was very poor. After the war the seaside resorts did not have any renewing en elderly people retired at the seaside resorts. This because of the transport around the resorts. This research report is about the Bridlington seaside resort and investigates how this resort can attract
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Taj Hotels‚ Resorts & Palaces CSR Case Study Company Brief The Indian Hotels Company Limited and its subsidiaries are collectively known as Taj Hotels Resorts and Palaces and are recognized as one of Asia’s largest and finest hotel company. Incorporated by the founder of the Tata Group‚ Mr. Jamsetji N. Tata‚ the company opened its first property‚ The Taj Mahal Palace Hotel‚ Bombay in 1903. Today Taj Hotels Resorts and Palaces comprises 108 hotels across destinations in India‚ Maldives‚ Malaysia‚
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