The Westin Tampa Bay is located just 5 miles from Raymond James Stadium, conveniently situated for all fans to enjoy the upcoming football season and famous Outback Bowl. We're so close to the action, some guests can see the stadium from our rooms! Raymond James Stadium is home to the Tampa Bay Buccaneers and the University of South Florida Bulls. It has emerged as one of Tampa's most recognizable landmarks, and it affords Buccaneer fans the most exciting game atmosphere in the National Football League. The stadium is also host to other concerts and things to do in Tampa Bay throughout the…
When making the decision McGregor should consider both macro and microeconomic factors affecting his business.…
Receivables: Meriwether has a fair amount of receivables. It will be up to the Board of officially write off unrecoverable receivables.…
The Amber Inns & Suites, Inc. is a 250 property hotel chain, struggling with net operating lost since 2002, with fiscal year 2005 projected to be its fifth consecutive unprofitable year. The company has projected lodging revenue of $422.6 million and a net loss of $15.7 million for fiscal 2005. Joseph James, the company’s new president and chief executive officer, wants an hour presentation that describes initiatives, expenditures, and outcomes for the past two fiscal years, and a planned initiatives and budgetary needs for fiscal 2006. Mr. James goal for the company is to achieve profitability within two years. To this end, the V.P. of Sales and Marketing and the V.P. of Advertising has to corroborate on resource allocation in their respective budgets. The company would use growth in Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) as a corporate performance measure and a basis for determining senior management executive incentive compensation. It should be noted that EBITDA often disguises the financing effects of operations and allows allot of leeway in what is reported. This analysis looks at marketing strategies that best justify potential budgetary objectives that could lead to profitability.…
General Manager of Good Hotel, Pam Janusz has made great strides in getting to know her staff, guests, and neighborhood over the last six months. She has beat financial forecasts for the first quarter 2010 and guest service is on the rise. (Pearce, 2012, p. 10-2) With these accomplishments, Pam is faced with a challenge. Good Hotel, owned and operated by Joie de Vivre Hotels has decided to sell and Pam Janusz is charged with preparing an evaluation and recommendation to the new ownership. Pam’s recommendation considerations are to continue, expand or discontinue the current concept of Good Hotel.…
Rosewood Hotels and Resorts (Rosewood) is an organization that owns and manages a number of boutique and high end properties. However, each location is not tied to the Rosewood name in any way and is currently perceived and marketed as not being part of a “chain” but closely tied with its locale. Now, senior management is considering a new branding strategy that would link all current and future properties to the Rosewood name for brand recognition. The intent is to increase the number of times a guest returns as well as the number of properties that guests visit. Market research that has been conducted shows that if a new corporate branding were to be used, guest’s average number of visits per year would increase from 1.2 to 1.3 and the guest retention rate would increase to 21.67% from the current 16.67%. Additionally, 10% of guests may also stay at other locations which is a 100% increase from the current 5%. As there are risks associated with the proposed new branding, the organization must now determine if the increase in profit will outweigh these risks.…
Dan Cohrs, the vice president of project finance at Marriott Corporation, is preparing his annual recommendations for the hurdle rates for each of Marriott’s three divisions: lodging, contract services, and restaurants. However, this is a complicated process because finding beta, cost of debt, and cost of equity in order to find weighted average cost of capital, or WACC, must be calculated using proxy firms and divisional data.…
Thank you for the opportunity to work for (Hampton Inn). I appreciate the time you spent with me. I excited to be apart of the (company name family). Looking forward to working with everyone and the experiences that you will have to offer. I will put my best foot forward in upholding the reputation of the Hampton Inn.…
What is the stand out economic characteristics of the macro environment of the US hotel lodging industry?…
I am writing this letter in response to the job listing I recently saw on Craigslist for the Concierge, at the Foxboro location of Dominics. My recent job, as well as my past job experience, and my schooling combined would make me a qualified and experienced candidate for the position.…
I am submitting this letter and my resume in response to the WRMC-Clinic Administrator position at White River Health System, as advertised on your website June 17, 2013. Duties include productivity, personnel, financial management, and other duties as assigned, and may include travel. This is a good reflection of my own career development. My education and background emphasis has been focused on Health Care and Management, Business Statistics, Labor Relations, and Work Center Management. I know that my education and managerial strengths would be a welcome addition to your institution.…
Applicant number one at the first interview was a solid hit. His name was Preston Clark; Gretchen felt that he was extremely smart and very applicable for the job. She commented that Preston “knows more hospitality terminology then I do.” He is also perusing a career in hospitality at a community college near by. Preston’s professors gave him wonderful recommendations. He however had no previous job experience as a server; only as a movie theater clerk.…
References: Lu, Z., & Chiang, D. (2003). Strategic issues faced by Ontario hotels. International Journal of Contemporary Hospitality Management, 15(6), 343-345. Retrieved from http://search.proquest.com/docview/228384815?accountid=35796…
From the description of the case study, it seems that the reason lead the Portman Hotel to this terrible situation was that their HR policies were inconsistent with its strategies. The Portman Hotel's philosophy is that if they want their customers treated better, they must treat each other better. They also think the Portman Hotel is a place where they can make their employees feel satisfied with their jobs. Their jobs will be fun and they will fulfill their expectations. The employees will have the best work experiences. Besides, the Portman Hotel expects to be the best employer in San Francisco. They are willing to show their trust and pride in their employees. That's why the hotel considered their "associates" of the highest potential, and, thus, they could retrain associates rather than reprimand them. In addition, they wanted to help employees gain growth in both associates' personalities and their professionalities.…
This letter is my personal recommendation for Cathy Douglas. Until just recently, I have been Cathy 's immediate supervisor for several years. I found her to be consistently pleasant, tackling all assignments with dedication and a smile.…