Tsing Yi Hotel Business Plan
Business plan outline:
1.0 Executive Summary
Keys to Success
2.0 Company Summary
4.0 Market Analysis Summary
SWOT: Strength, Weakness, Opportunities, Threats
Service Business Analysis
5.0 Strategy and Implementation Summary
6.0 Web Plan Summary
Website Marketing Strategy
7.0 Management Summary
Management Information Systems
8.0 Financial Plan
Projected Profit and Loss
Projected Cash Flow
Projected Balance Sheet
The long-term goal of Tsing Yi bridge theme motel for temporary lodging, restaurant, bar by creating a differentiated experience capitalizing on personal service, . We plan to be more than a great lodging, restaurant, bar .We plan to create an environment of pampered luxury that surpasses the standard fare for Dusty Corners. Expanding our exposure via the Internet will allow us to maintain a higher than average occupancy rate and above average profits. Location
The Tsing Yi bridge theme motel is located in a Tsing Yi Hong Wan Road, Tsing Yi, New Territories, Tsing Yi Town Lot No. 180 The Company
Tsing Yi Bridge Motel is an established Motel, after a brief period established, we will add a restaurant to ensure a steady flow of patrons (tourists and locals) through its doors. The Tsing Yi Bridge Motel By Hutchison Whampoa Limited and Cheung Kong (Holdings) Co., Ltd. joint venture owned by Hutchison Whampoa Properties Group operates. Our Services
Each of our rooms is equipped with two double beds or a queen bed, and rooms with a second bedroom or kitchenette are available. We have a full-service restaurant, a bar with a dance floor that provides live entertainment We plan to expand our services to the residents of Dusty Corners and surrounding cities in time for the off-season. The large dance floor area is ideal for formal or informal gatherings (e.g. wedding receptions, club meetings, Christmas parties, family reunions, etc.). The Market
Tsing Yi Bridge Motel’s target market strategy is based on becoming a destination choice for the people who are looking for a place to relax or recharge. The target markets that we are going to pursue are people or families looking for a vacation destination, tourist travel, and drop-in customers. Our setting and facility is a natural for people or families to visit. Our three major customer segments are tourists, from all over the mainland china since this area is known for Hong Kong tourist attraction, and local patrons who need the facilities for various events. Subscriptions to various Web services will provide international exposure to potential customers for nominal annual fees. Financial Considerations
Hutchison Whampoa Limited and Cheung Kong (Holdings) Co. the Tsing Yi bridge motel will be acquired via loan with the buyers supplying 20% down. We are assuming an initial capital start-up, as shown in the Start-up table, for operating expenses which we have already contributed.
We estimate average monthly fixed costs, including operating expenses and mortgage payment, as presented in the Financial Plan chapter below. May1 Golden Week and off-season will have significant impact on the monthly earnings. As Tsing Yi Bridge Motel builds its market position among the local patrons, we anticipate that off-season revenues will be enough to break even during that season. 1.1 Objectives
The objective of the Tsing Yi Bridge Motel for the first three years of operation includes: •Exceeding the customer's expectations for travelling and vacationing accommodations. •Maintaining a 90% occupancy rate each month.
•Assembling an experience and effective staff.
•To increase the number of...
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