Revenue Estimates Revenue Item 100% Monthly 75% Monthly 50% Monthly Notes Rooms $2‚956‚500 $2‚217‚375 $1‚478‚250 8‚100 daily Leases $180‚000 $135‚000 $90‚000 TOTAL REVENUE $3‚136‚500 $2‚352‚375 $1‚568‚250 Expences TOTAL VARIABLE COSTS $454‚000 $340‚500 $227‚000 TOTAL FIXED COSTS $1‚403‚000 $1‚403‚001 $1‚403‚002 TOTAL EXPENSE BEFORE IT $1‚857‚000 $1‚743‚501 $1‚630‚002 EBIT $1‚279‚500 $608‚874 -$61‚752 Depreciation $320‚000 $320‚001 $320‚002 EBITDA
Premium Generally Accepted Accounting Principles Variable cost Costs
Budget 22 Place Distribution 22 Advertising Media 23 Organization 24 Resources 26 Michell Marie Boutique Michell Marie was founded in 2006 by its young owner Andrea Michell. The current corporate office is located in Manhattan‚ New York with retail stores located in California‚ Ecuador and Panama. Michell Marie was one of the first boutiques in the tri-state area that provided a variety of foreign clothing‚ cultural professional attire and historical background on
Premium Marketing Retailing Price
1. Rick Everist welcomed Jeff Howe‚ the new owner of the Lodge and Cabana. 2. Minutes from the March 11‚ 2015 Annual Meeting were reviewed. On a motion made by Mark McCulloch and seconded by Ted Odle‚ the Minutes were approved as written. 3. The 2016 Budget‚ Balance Sheet and P&L Statement were discussed: a. Income: $50‚000 b. Expenses: $32‚000 c. Cash Balance: $26‚000 d. Receivables: Meriwether has a fair amount of receivables. It will be up to the Board of officially write off unrecoverable
Premium Balance sheet Generally Accepted Accounting Principles Asset
CASE STUDY: The SNOW Mountain Hotel SNOW Mountain Resort: The Pride of SNOW Village SNOW Village is located in the Coast Mountains of British Columbia‚ 75 miles from Vancouver. While forty years ago SNOW Village was virtually unknown‚ it is now a worldwide attraction drawing in more than 4 million visitors annually. SNOW Village owes this success to the major development of its ski resort‚ the SNOW Mountain Resort – which was transformed from a low capacity ski destination with minimal amenities
Premium Hotel Management Hotel chains
Roy Bryant BUAD 326.003 11/30/2011 Final Exam Assignment Kimpton Hotels’ EarthCare Program‚ case no. 7 1. What are the benefits of Kimpton’s environmental sustainability initiatives? What are its costs? - Kimpton’s environmental sustainability initiatives have proven successful and beneficial both in terms of its environmental and business benefits. Environmental improvement is one of the benefits of diverting waste. Some of the benefits are exemplified in their rollout
Premium Environment Environmentally friendly Sustainability
Carlo V. Austria I. Overview * The case is about the Accra Beach Hotel on the Caribbean island of Barbados. West Indien Cricket Servies‚ an important international sporting event‚ sent a request to the hotel manager of the Accra Beach Hotel that concerns hosting WICS accomodation for a special rate. This rate involves a discount for 50 of the 141 rooms of the hotel. It is now then the call of the sales manager whether to accept the inquiry or not. But before the manager could decide on the
Premium Marketing Accept
CASE #7 ACCRA BEACH HOTEL: BLOCK BUILDING OF CAPACITY & REVENUE MANAGEMENT PRODUCT SERVICE DR. KERK BURBANK DONE BY KEZIE THOMAS September 30‚ 2011 1. What are the key considerations facing the hotel as it reviews the booking request from the WICB? Three concerns that Cherita and the GM should question when reviewing the booking request from the West Indies Cricket Board (WICB) are: i. Whether revenue- Income/Expenses‚ would be good or not ii. The impact on their regular guests‚ i.e. the
Premium Cricket
and more competitive. As it is becoming more spirited‚ various problems are emerging as well. Serena Hotel is a famous hoteling Chain‚ having 36 luxury resorts‚ lodges and hotels‚ operating in Asian & African countries.Recently it has been noted that there is a plunge in the level of customer satisfaction at the Quetta Serena Hotel. The aim of this research is to evaluate if the Quetta Serena hotel is aware of the importance of its front line employees in service delivery and what is being done to
Premium Customer service Customer service Customer
Executive Summary “Rosewood Hotels and Resorts” is considering a branding strategy to drive growth. The President & CEO‚ John Scott as well as the VP of marketing and sales‚ Robert Boulogne are considering 2 options; namely * Carry out corporate branding effort to create an umbrella brand‚ linking all of their individual properties and increasing cross sales and retention rate * Introduce a reward system to encourage customers of one location to visit other Rosewood properties.
Premium Branding Brand management Brand
References: http://nightout-party.blogspot.in/2012/03/oberoi-hotels-resorts-rated-1-in-guest.html http://articles.timesofindia.indiatimes.com/keyword/oberoi-group/recent/2 http://www.vccircle.com/news/consumer/2013/08/05/oberoi-hotels%E2%80%99-parent-eih-posts-102-growth-revenue-116-increase-net-profit http://www.oberoihotels.com/special_offers.asp
Premium Customer service Customer