Location: Taipei‚ Republic of China Executive Summary The purpose of this paper is to go through each step of creating a strategic business plan for the Cougar Suites hotel. This paper is divided into 7 different sections. The first section is the introduction to the paper and to Cougar Suites. We are a 500 room full service hotel with mid level quality and mid level price. Our primary segments are Business‚ Corporate/Business Meetings‚ and Association meetings. While our secondary segments are
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The main sources of revenue in a hotel are through sales in rooms‚ restaurants and bars. Identify and evaluate other possible sources of revenue. ‘One of the fundamental business concepts is that a company is in business to make money’ (Hales‚ 15:2005). Revenue is the monetary amount that customers pay to receive a product or service and is the first aspect considered when conducting financial analysis as it starts the cash flow process of a company (Hales and Van Hoof‚ 2010). Moyer et al (1995)
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Kimpton Hotels’ EarthCare program brings the business’s philosophy of environmental responsibility straight to its properties‚ starting with its pioneering Eco Floor at the Hotel Triton in San Francisco in 1994. Today EarthCare’s efforts include: * Using environmentally friendly cleaning supplies in all rooms. * Printing corporate collateral on recycled paper using soy-based ink. * Usring recycled paper for all printing property-wide. * Serving organic‚ shade grown‚ and/or fair trade
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Established in 1903‚ Taj Hotels Resorts and Palaces is one of Asia’s largest and finest group of hotels‚ comprising 67 hotels in 45 locations across India with an additional 16 international hotels in the Maldives‚ Malaysia‚ Australia‚ UK‚ USA‚ Bhutan‚ Sri Lanka‚ Africa and the Middle East. From world-renowned landmarks to modern business hotels‚ idyllic beach resorts to authentic Grand Palaces‚ each Taj hotel offers an unrivalled fusion of warm Indian hospitality‚ The Taj Mahal Palace & Tower
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Hotel Front Office – Medium Size Hotel Kyle Beers HTT250 August 15‚ 2010 Prof. Israel Johnson Hotel Front Office – Medium Size Hotel How is the front office important to a hotel? The front office of any sized hotel is the brain of the operation. The front office concludes of employees and departments that make the hotel functional. Front office employees‚ such as front desk employees‚ make reservations via phone‚ check-in/check-out guests‚ address all guest questions‚ and suggest activities to
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Hilton Hotels is one of the market leaders in the hotel and gaming industry in the United States. Hilton is a well-known and distinguished name in fine hotels across the United States and worldwide. In 1999‚ Hilton expanded aggressively by acquiring the Promus Hotel Corporation‚ Hampton Inn and Suites‚ Doubletree Hotels‚ Embassy Suites Hotels‚ and Homewood Suites. Hilton Hotels Corporation has grown to become the world ’s most recognized and most successful hotel company (Hilton Innovation‚ 2007)
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Competitive Analysis | Hotel Chains | | Marriott | Hilton Worldwide | IHG | Starwood | Brands | LuxuryThe Ritz-Carlton‚ Bulgari Hotels and Resorts‚ JW Marriott Hotels and Resorts‚ Gaylord Hotels‚ The Ritz-Carlton Destination Club‚ The Ritz-Carlton ResidencesUpscaleEdition Hotels‚ Renaissance Hotels‚ AC Hotels‚ Autograph Collection‚ Marriott Hotels and Resorts‚ Residence Inn by Marriot‚Mid-scaleCourtyard by Marriott‚ Springhill Suites by Marriott‚ Fairfield Inn and Suites by Marriott‚ MoxyBudgetN/AExtended
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AEREN FOUNDATION’S Maharashtra Govt. Reg. No.: F-11724 AN ISO 9001 : 2000 CERTIFIED INTERNATIONAL B-SCHOOL SUBJECT : INTERNATIONAL FINANCE MANAGEMENT COURSE : CASE STUDY : 1 Total Marks : Following are the data for India’s B.O.P. Year 2004-05 Merchandise Exports Merchandise Imports Income on Travel‚ Transportation MIS Payments on Travel‚ Transportation MIS Receipts for Maintenance of Embassies Payments for Maintenance of Embassies Unrequired Transfer Received Unrequired Transfer Outwards
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record for development‚ with 38‚000 new rooms opened‚ mostly under management or franchise contracts and mainly in emerging markets. At the same time‚ we pursued our active property asset management program‚ which is enabling us to focus on our core hotels business and improve our financial flexi- bility. These are deep strategic trends‚ backed by the strength of our brands and our distribution capabilities. Our brands play an essential role in creating preference among our guests and our franchisee
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The Royal Hotel Case Study describes a situation where a junior consultant has architected a hotel maintenance management and issue tracking solution for a boutique hotel client. Blake‚ the consultant‚ identified a hotel maintenance management package which included a Rapid Response issue logging module‚ Preventative Maintenance module and the Reporting Module. Blake left the engagement prior to the completion of the change and has been called back because the system has been month balled a few
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