ASPECTS OF FINANCIAL by William A. Sahlman‚ CONTRACTING IN Harvard Business School VENTURE CAPITAL INTRODUCTION During much of the 1960s and 1970s‚ academic discussions of corporate capital structure routinely began with the assumption that a firm’s financing decisions had no material effect on its intrinsic economic value. Setting aside tax consequences and the possibility of a costly bankruptcy‚ the value of the firm was assumed to depend solely on the level and risk of a firm’s operating
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The Operation of Accredited Resort in Nasugbu Batangas Resorts are classified in different categories based on the services that they offer accredited by the Department of Tourism in the Philippines. Accreditation is a certification issued by the Department of Tourism that the standards in the operation of the establishment concerned to ensure safety‚ comfort and convenience of tourist. A first class municipality of the province of Batangas‚ Nasugbu is a short distance (about 70 kms) from the
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management of commercial accommodation • Two fairly unique aspects of accommodation management are: – Overbooking – the act of selling more rooms than are available as a means of ensuring all rooms are occupied; – Yield management – aims to maximise revenue by selling rooms to particular markets at the best price. Sectoral overlap • Many operations provide a range of products and services in addition to accommodation. • For example a resort may include a casino‚ a golf course‚ a range of food and
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2013 Mrs. J. Pagne Resort Operation -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- History of Resort Operation A resort is a place used for relaxation or recreation‚ attracting visitors for vacations and/or tourism. Resorts are places‚ towns or sometimes commercial establishment operated by a single company. Towns which are resorts — or where tourism or
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PLANNING AND OPERATING A RESORT BASED SPA: Introduction: The purpose of this research is to provide information for owners‚ operators and developers of resorts who are thinking about adding a spa to their property or project. The definition of a resort‚ in the context of this research is a place where guests visit for recreation‚ health and pleasure. The location is very important and resorts can be found in places such as beaches‚ mountains‚ lakes‚ tropical settings or in areas
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Resort management analysis: seniors market Accepting the proposition that demography represents our destiny to a large degree‚ the example in Table 1.1 focuses on one factor that is expected to influence resort futures and is susceptible to management influence‚ namely the growing significance of our seniors market. The electronic newsletter Travel Impact Newswire reports on ‘The Impact of Demographic Change’ in one of its issues. One story relates to a Mastercard Insights Report on Japan’s
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Hotel and Resort Management Assignment Diploma Fall 2012 Title: Growing trend: Eco-resorts Tutor: Mr. Hailstones From: Katy Hui Man Ying Course: Diploma 2 Submission Date: Week 15 Word count: 1‚553 Table of Contents Introduction 3 Criteria of Eco-resorts 4 – 6 Benefits of Eco-resorts 6 – 7 Considerations on Eco-resorts 7 – 8 Conclusion 8 References 9 – 10 Introduction There are researches done by the United
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Title: Wynn Resort 1.) Purpose To know if what is the overall strategy of Steve Wynn to make Wynn Resorts‚ Ltd. on the right track and quite a remarkable company. 2.) Statement of the Problem There are three problems which I found out in the case‚ and these are the three challenges that Wynn will have to face‚ and the future may throw some curveballs along the way. First is need to secure a way to maintain the competitive advantage as increased competition is introduce both domestically
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History Wynn Resorts‚ LTD was formed by former Mirage Resorts Chairman/CEO Steven Wynn on October 25‚ 2002‚ who currently serves as the Chairman of the Board and CEO of Wynn. His knowledge of the gambling and casino industry is indispensable to Wynn Resorts‚ as he is accredited to turning the luxury casino industry in Las Vegas into what it is today. Wynn’s mission is: “A commitment to providing an elegant environment‚ high quality amenities‚ a superior level of service and distinctive attractions
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mountain stream flows down in a series of seven falls and flows through the center of the resort‚ feeding the swimming pools‚ and boating lagoon. The Mambukal Mountain Resort has many beautiful sites‚ both made by man and by Mother Nature. The Hot Springs with sulfuric soda water is one of them. Mambukal is also the home to 4‚000 fruit bats which live freely inside the resort. They say that at Mambukal Resort‚ there are already 3 endangered species of bats – the Philippine Flying Fox (Philippine Giant
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