Feasibility Study to Assess Hotel Accommodation Development

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Feasibility Study to assess Hostel Accommodation Development Consultancy Project

Mr. Hew Tze Yee
Hospitality Excellence Pte. Ltd.

1.0 Executive Summary
School of Hospitality and Resort Management (SHRM) is one of the private colleges that provide their students with hostel accommodation in Singapore. However, it has been found that the hostel operates as a cost centre instead of profit centre. Thus, it is proposed that the hostel be upgraded to attract more students to stay in the hostel. This project involves the renovation of the bathroom and toilet, the upgraded facilities in both hostel room and public area. The proposed program will be conducted under the close supervision of the school management, with requested funds totaling S$ 2,460. Future maintenance of the project will be possible through appropriations from SHRM management.

2.0 Introduction
School of Hospitality and Resort Management (SHRM) started its operation in 2008. It is owned by the Hospitality Excellence Private Limited. SHRM strategically located at the sub-urban area in Singapore where it provides a great study environment for students. Till today, there are more than 100 students who are pursuing their study at SHRM. In late 2009, SHRM offered hostel accommodation service to their students. SHRM and its hostel share the area with Focus Camp Challenge, an independent leisure centre. Basically, the hostel is divided into two categories. There are 16 units of twin-bedded room and 4 units of six-bedded room. The hostel is currently running at full capacity due to the high demand among their students. The hostel features with number of shared facilities such as bathroom and toilet, washing machine and an open kitchen.

3.0 Problem Statement
As far as we concern, the hostel only act as the core centre which it supports the main business – SHRM, operates under the Hospitality Excellence Private Limited. It has also been found that the hostel...
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