Feasibility Study Hotels and motels are almost always available for purchase. Buyers want the minimum price possible; sellers the maximum price. The hotel buyer usually uses leveraged money‚ and the sophisticated lender wants to be sure that the money being loaned will be repaid. Both buyer and seller are almost certain to be biased. To help eliminate bias and arrive at a value that the lender will accept‚ a market and feasibility study can be called for whenever a hotel or motel is bought. The
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Executive Summary This essay looks at the Ritz-Carlton hotel operations‚ marketing strategies and service qualities. The essay will also include the transformational process model (including inputs and outputs) like shown in the Hospitality Operations A system approach book by Ball et al. (2003)‚ also market segmentation‚ differentiation and position in the market. The information was obtained from different literature such as academic journals and topic related books. RITZ-Carlton
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Promotion of Health Tourism in India The global growth in the flow of patients and health professionals as well as medical technology‚ capital funding and regulatory regimes across national borders has given rise to new patterns of consumption and production of healthcare services over recent decades. The free movement of goods and services under the auspices of the World Trade Organization and its General Agreement on Trade in Services has accelerated the liberalization of the trade in health
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what is healthy lifestyle??? A healthy lifestyle is having a lifestyle filled with good and positive things in many aspects‚such as mental‚physical and emotional well being.Having a healthy lifestyle will makes life become more enjoyable and the most important thing is a way to keep our body in a good conditionIt also very important to have a healthy lifestyle because it wll save ours life in future.By having a healthy lifestyle‚you will be fit and it will let you able to do the things that you
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Tourism in India Tourism is the largest service industry in India‚ with a contribution of 6.23% to the national GDP and 8.78% of the total employment in India. India witnesses more than 5 million annual foreign tourist arrivals and 562 million domestic tourism visits.[2][3] The tourism industry in India generated about US$100 billion in 2008 and that is expected to increase to US$275.5 billion by 2018 at a 9.4% annual growth rate.[4] In the year 2009‚ 5.11 million foreign tourists visited India.
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The information revolution and globalization have dramatically changed the business landscape. The evolution of the internet into a real-time medium of information exchange‚ removal of impediments to international business activities and in general increased global awareness of societies‚ have not only provided new opportunities for businesses but have also increased public scrutiny into business activities and consequences. Increased stakeholder sensitivity to environmental and social issues have
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Ysrael Jacob A. Magaan Ethics 101 BSHM 1B Prof. Maria Elizabeth Villabroza Ethical issues on tourism Sex tourism Sex tourism is the term used for travel with the intent to engage in sexual activity. The United Nations World Tourism Association defines sex tourism in their Global Code of Ethics for Tourism as "trips organized from within the tourism sector‚ or from outside this sector but using its structures and networks‚ with the primary purpose of effecting a commercial sexual
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Contents Introduction Budgeting The Three Periods Forecasting Suggestions Technological advances in the Hospitality Industry Conclusion References Introduction The Newtown Central Hotel runs a 100 bedroom three star city centre hotel part of a global chain. The present report purpose is to evaluate the implementation of a range of strategies in order to achieve profitable room sales‚ looking at the past 3 period’s figures and using group results from the first assignment (yield management
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THE HOTEL AND RESORT INDUSTRY HOTEL - “A building‚ edifice‚ or premises or a completely independent part thereof‚ which is used for the regular reception‚ accommodation‚ or lodging of travelers and tourists and the provision of services incidental thereof for a fee” (Department of Tourism) CLASSIFICATION OF HOTELS (by size‚ location‚ rate) Airport Hotels • Named for its proximity to major travel centers like the airport • Business travelers who prefer
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Running Head: TRAVEL AND TOURISM Travel and Tourism [Name of the writer] [Name of the institution] Abstract This study aims tо explore thе motivations fоr tourists’ choice оf diverse tourism environments іn а Third ’World country‚ Nigeria. Results obtained from а questionnaire survey оf 376 tourists randomly sampled from seven tourism destinations іn Nigeria show that thе most prominent motivations fоr tourist destination choice are self-actualization іn an appreciative‚ educational or cultural
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