Revenue Estimates Revenue Item 100% Monthly 75% Monthly 50% Monthly Notes Rooms $2‚956‚500 $2‚217‚375 $1‚478‚250 8‚100 daily Leases $180‚000 $135‚000 $90‚000 TOTAL REVENUE $3‚136‚500 $2‚352‚375 $1‚568‚250 Expences TOTAL VARIABLE COSTS $454‚000 $340‚500 $227‚000 TOTAL FIXED COSTS $1‚403‚000 $1‚403‚001 $1‚403‚002 TOTAL EXPENSE BEFORE IT $1‚857‚000 $1‚743‚501 $1‚630‚002 EBIT $1‚279‚500 $608‚874 -$61‚752 Depreciation $320‚000 $320‚001 $320‚002 EBITDA
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A trip to the beach A group of friends and I decided to make a decision about where to go this summer for a vacation. I met up with my group after creating a group message with them through cell phones to find out what dates all be free to talk about where to go this summer. We were meeting up at 5 pm at my friend’s house. I and few friends from the group have been arrived at the house on time. There are other friends who always come in late came 30 minutes late. After everyone was arrived at his
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1. Rick Everist welcomed Jeff Howe‚ the new owner of the Lodge and Cabana. 2. Minutes from the March 11‚ 2015 Annual Meeting were reviewed. On a motion made by Mark McCulloch and seconded by Ted Odle‚ the Minutes were approved as written. 3. The 2016 Budget‚ Balance Sheet and P&L Statement were discussed: a. Income: $50‚000 b. Expenses: $32‚000 c. Cash Balance: $26‚000 d. Receivables: Meriwether has a fair amount of receivables. It will be up to the Board of officially write off unrecoverable
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www.palgrave-journals.com/rpm Examining the determinants of room rates for hotels in capital cities: The Oslo experience Christer Thrane Received (in revised form): 7th November‚ 2006 Department of Social Sciences‚ Lillehammer University College‚ 2626 Lillehammer‚ Norway. Tel: þ 47 61 28 82 47; Fax: þ 47 61 28 81 70; E-mail: Christer.Thrane@hil.no Christer Thrane is Professor of Tourism in the Department of Social Sciences at Lillehammer University College‚ Norway. His research interests
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Analysis of "Dover Beach" The Victorian Age was a different time period. It was the beginning of a new civilization based on industry‚ time‚ and money. The values brought about by the changing times were hard for the British to cope with. Conflicting ideas of science and religion‚ education and work‚ and not reflecting upon actions‚ caused confusion that was associated with the Victorian Age. Mathew Arnold observed the problem of the changing times and sought after answers to the problems that
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metrics were used to monitor flow of information. Apart from issues such as Training and Workload management it was observed that existing system functionality was not being utilized. There were data integrity issues throughout the process. Business Solution Detailed end-to-end process mapping from origination to loan servicing was done and 150+ process maps developed. A base lining and benchmarking exercise was carried out and 80+ metrics identified. Genpact Six Sigma and Domain experts worked with
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2012 in his thesis titled “Customer Relationship Management in Hospitality with reference to five star hotels in India” has studied on the aspects of Customer Relationship Management practices followed in India; Studying the effect of CRM practices on the service quality as perceived by the customers of the hotels in the study; Determining the word-of-mouth advertising and referrals gain by the hotels as outcome of CRM and Analysis of impact of CRM practices on satisfaction‚ retention‚ grievances‚ perception
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My most memorable place would have to be Panama City beach‚ FL. I found out about this hot and wild vacation spot while I was a high school student. From tenth grade to twelfth I was constantly hearing about spring break in Panama City. The best time during the school year to go was always on spring break because spring break was always a week long and around that time panama was always live. I was drawn to Panama City beach because after the spring break of the year was over students were
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. To classify the tourists that consider Virginia Beach a vacation destination‚ the marketers divided the prospects into four main groups based on their familial status and interests. These groups are singles without children‚ families‚ sports enthusiasts‚ and mature customers. Another way to segment vacationers is by lifestyle or income level. Vacationers could be separated into groups of people who are vacationing on a budget and those who would like a luxury vacation. To target people who are
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and more competitive. As it is becoming more spirited‚ various problems are emerging as well. Serena Hotel is a famous hoteling Chain‚ having 36 luxury resorts‚ lodges and hotels‚ operating in Asian & African countries.Recently it has been noted that there is a plunge in the level of customer satisfaction at the Quetta Serena Hotel. The aim of this research is to evaluate if the Quetta Serena hotel is aware of the importance of its front line employees in service delivery and what is being done to
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