GR HOTELS INC Preliminary Report To: Andrew Mayd‚ CEO From: Chris Mell‚ CMA Subject: Analysis to increase occupancy rate Date: January 15th ‚ 2008 Introduction. The report was prepared for GR Hotels Board of Directors review. It examines current opportunities to increase profitability. Several options were examined and the most plausible solution proposed – Upgrade to upscale both hotels. This measure will increase long term profits and improve position in the
Premium Net present value Revenue Hotel
categories of Marriott hotels which are separated by location and type. Each category is aimed at a different target market‚ with wealthier individuals the target of category seven hotels while individuals looking to enjoy their vacation without breaking the bank are the target of lower category hotels. While all Marriott hotels strive to bring an excellent stay to their guests‚ the old phrase‚ “you get what you pay for‚” can certainly be applied to the various Marriott hotels. Within the seven
Premium Marriott International
employee-friendly policies ------------------------------------------------- The Spirit to Serve Once‚ when a customer checked in at an Anaheim Marriott hotel‚ she was in a very disturbed state of mind. It was on her way to the hotel that she learnt of her sister’s death. The worst part was that she had to wait the whole night at the hotel to board a flight the next morning. As she checked into the hotel‚ Charles‚ who was looking after room service‚ asked her why she was upset. On hearing her reply‚ he
Premium Marriott International Hotel
My Five Personal Values Values are defined as something that are precious‚ priceless‚ meaningful and valued by an individual‚ a group of people or an organization. No matter we are aware of them or not‚ everyone has his or her fundamental set of values which consist of many different kinds of values. Everyone is not born with values but these values are built up by those closest to us‚ by trials‚ events‚ and institutions. Each individual’s value system is different from one another because individual’s
Premium Morality Integrity Innovation
Chapter 2: Time Value of Money 2.1) I = iPN = (0.09)($3‚000)(5) = $1‚350 2.2) • Simple interest: F = P (1 + iN ) $4‚ 000 = $2‚ 000(1 + 0.08 N ) N = 12.5 years (or 13 years) • Compound interest: $4‚ 000 = $2‚ 000(1 + 0.07) N 2 = 1.07 N log 2 = N log 1.07 N = 10.24 years (or 11 years) 2.3) • Simple interest: I = iPN = (0.07)($10‚ 000)(20) = $14‚ 000 • Compound interest: I = P ⎡(1 + i) N − 1⎤ = $10‚000 ⎡(1.07)20 − 1⎤ ⎣ ⎦ ⎣ ⎦ = $28‚696.84 2.4) •
Premium Copyright Pearson Education Upper Saddle River, New Jersey
leading global hospitality company‚ with more than 3‚000 hotels and 500‚000 rooms in 74 countries and territories‚ with more than 135‚000 team members worldwide. The company owns‚ manages or franchises some of the best known and highly regarded hotel brands including Hilton Hotels & Resorts‚ Conrad Hotels & Resorts‚ Doubletree by Hilton‚ Hampton by Hilton‚ Hilton Garden Inn and Waldorf Astoria Hotels & Resorts. The Hilton portfolio of hotel brands adheres to founder Conrad Hilton’s philosophy
Premium Hotel Hotel chains Hilton Worldwide
Value of Life What is the value of life? There are so many different perspectives and opinion about this broad topic that we will never be able to come up with one definition. The value of human life may always be a obscure curiosity.During the early era‚ life was not valued‚ humans treated other humans as slaves‚ they treated them like nobody. The life we obtained was already chosen for us‚ before birth no individual gets to decide who‚ what and where their life is going to emerge. life is very
Premium Meaning of life Life Religion
TAGUIG CAMPUS Project Proposal Resort reservation System Prepared by: Matitu‚ Ruel Llosa‚ Emmanuel A. MAAM: ANDONG Professor Project Proposal Project Title: Resort Reservation System Proponents: We the Computer Student’s make this Proposal for the purpose of Easy Access for the information of the Resort Reservation. Target Participants: All Customers that Looking for having A Vacation this
Premium Graphical user interface
CASE STUDY THE WESTIN HOTEL Westin Hotels & Resorts is one of the most recognizable and highly-regarded brands in the leisure and hospitality industry‚ and features more than 120 hotels worldwide in a rapidly growing portfolio. The brand is owned and operated by Starwood Hotels & Resorts in addition to Westin; Starwood brands include St. Regis‚ The Luxury Collection‚ W Hotels‚ Le Meridian‚ Sheraton and Four Points by Sheraton‚ accounting for approximately 230‚000 rooms in 82
Premium Customer Hotel chains American Express
1 1 2604161- (Introduction to Finance) 1. You have just calculated the present value of the expected cash flows of a potential investment. Management thinks your figures are too low. Which of the following actions would increase the present value of your cash flows? a. assume a longer stream of cash flows of the same amount b. increase the discount rate c. decrease the discount rate d. a and c 2. Your bank balance is exactly $10‚000. Three years ago you deposited $7‚938 and have not touched the
Premium Interest rate Money Net present value