Marketing Department of the Terminus Hotel forecasted an average occupation level of 40% during 2009. In November 2008‚ the department received two offers from regular customers‚ the first at a rate of €90 for 10 rooms per day‚ and the second at a rate of €95 for 5 rooms per day. Both offers were rejected. Based on the numbers‚ it appears that the accounting department rejected both offers because the rate fell short of the total cost per room per day for the hotel. Assuming an occupancy rate of 40%
Premium Costs Variable cost Cost
International hospitality practice Raffles Hotel in Singapore Full Situational Audit of the Raffles Hotel and Develop a Strategic Place for the next 3 Years. Cover Page: Student Number‚ Module Code‚ Title‚ Module Tutor Table of Contents‚ List of Tables‚ Figures and Appendices Introduction Explaining the Purpose of the Report Brief Company Overview (10% of the assignment mark) 400 words External Audit: analysis of relevant macro-environmental (PESTE) and industry dynamics (Porter’s
Premium Hotel Prime minister Singapore
MORE HOTELS AND CONVETION THAN AYALA LAND A Research Paper Presented to The (Name of your school English faculty) City University of Pasay F.B. Harrison Street‚ Pasay City In Partial Fulfillment Of the Requirements for the Course (Subject - Section) (Name) March 2013 Chapter 1 INTRODUCTION A. Background of the Study Numerous numbers of hotels were established mostly on part of Metro Manila. The process of this actually increases the tourism in the Philippines. Hotels can
Premium Metro Manila Makati City Ayala Corporation
Introduction Royal Dutch Shell plc (Shell) is one of global leading energy and petrochemical companies. Its foundation dated back to 19 Century but it fully formed after merger of Royal Dutch and Shell Transport in 1907. Now‚ Shell‚ headquartered in The Hague‚ operates in more than 140 countries or areas and employs approximately 87‚000 staffs. Shell businesses expand from upstream to downstream: it is engaged in exploration‚ production‚ refining‚ transportation and retailing of gas‚ oil‚ oil derivatives
Premium Petroleum Renewable energy
No. 2005–57 ROYAL AHOLD: A FAILURE OF CORPORATE GOVERNANCE AND AN ACCOUNTING SCANDAL By Abe de Jong‚ Douglas V. DeJong‚ Gerard Mertens‚ Peter Roosenboom March 2005 ISSN 0924-7815 Royal Ahold: A Failure of Corporate Governance and an Accounting Scandal Abe de Jong* Department of Financial Management Erasmus University Rotterdam a.jong@fbk.eur.nl Douglas V. DeJong Tippie College of Business University of Iowa douglas-dejong@uiowa.edu Gerard Mertens Department of Financial Management Erasmus
Premium Stock market Stock Governance
The Battle Royal is about a narrator who is speaking in the voice of a man in his 40s having flashbacks about his youth. He remembers when he had not yet discovered his identity or realized that he was an invisible man. In this short story he used animals as a way to express analogy. He used various animals but I only chosen three; the cottonmouth‚ crabs‚ and wolves. One of the best animals he used was a wolf. A wolf can be described as a wild carnivorous mammal of the dog family‚ living and hunting
Premium Gray Wolf Dog Wolf
As I approach the Royal Portal also known as the west façade‚ to the left and the right of are the northern and southern tower. The south tower was completed in 1160 and is 349 feet tall. The North Star is 377 feet tall and is capped by a spire added in the early 16th century to an already existing tower. Between the towers are the three lancet windows. As I enter the central portal I look up and I see the breathtaking clerestory windows the high 120 feet ceilings‚ and large buttresses‚ your eyes
Premium Gothic architecture Stained glass Christianity
A royal salute to the Commonwealth Sometimes we forget about our own history‚ our country’s history. What we come from and who we are‚ deep down. In short: our identity. In my view‚ this article‚ “A royal salute to the Commonwealth”‚ 2011 by the British journalist and political commentator Peter Oborne‚ is about the dilemma between modern ways and the old days. Peter Oborne describes his concerns about our modern political culture‚ in comparison with the old culture‚ when Great Britain was an
Premium United Kingdom British Empire Republic of Ireland
University MARKETing management Designing and managing services Case Study : Ritz-Carlton Hotels Lecture : Prof. Dr. Basu Swastha Dharmmesta‚ M.B.A Group 4 Anne Stam [Student Exchange] Febrini Wulandari 08/277511/PEK/12841 Irwan Arfandi Bachtiar 08/277521/PEK/12851 Case Summary Ritz-Carlton Hotels‚ California‚ USA Ritz-Carlton is a brand of luxury hotel and resort with 70 properties that are located in major cities and exclusive
Premium Hotel Customer Marketing
Boutique hotels focus on the experiential nature of service delivery. Factors helping to deliver upon the experience include a cap on the number of rooms‚ a design or cultural aspect to the property and attention to the location of the property. The subsector however‚ lacks a singular definition. This is in part due to structural changes undergone by the subsector since conception of the concept. The subsector evolved from comprising of independently owned properties to establishment of
Premium Hotel Hotel chains Boutique hotel