As a business entrepreneur my investments have focused into the hotel industry. One of my biggest goals is to build and open my own hotel to start my own business. I have done some research and I find myself well suited to be able to operate a franchised brand hotel. I have a well thought out strategy that will help me become successful in the lodging industry. Within this paper I will allow myself to guide you through the steps I will take to follow and accomplish this goal of mine. A franchise
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I. COMPANY OVERVIEW A.) PRODUCTS / SERVICES Century hotel offers a decent variety of services given that it is one of the relatively known properties within the Pampanga area. The hotel gets most of its revenue from the functions or events being held at the hotel‚ restaurant operations‚ and the selling of rooms. They also get a majority of their earnings due to their convenient location of being right beside Casino Filipino‚ and a number of local attractions. Recent renovations of the rooms on the
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the latest Property Management System for hotels. Ana is enthusiastic about updating and adopting front office applications for Reservations‚ Registration‚ Room status‚ Posting‚ Call Accounting‚ Checkout and Night Audit. Lorraine is sure the marketing and sales applications will help her department be more efficient. Both realized the cost involved in obtaining module for a Property Management System. Assuming Ms.Margret Chu‚ General Manager of the Times Hotel is willing to consider the purchase of
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Sustainability in Hotels the hospitality sector are relatively straightforward to record and interpret (e.g. occupancy percentages‚ capitalization rates‚ RevPAR‚ etc.)‚ sustainability has remained intrinsically difficult to quantify. Sustainability issues touch on nearly all aspects of hotel ownership and management‚ necessitating the alignment of environmental‚ social‚ and financial factors to promote responsible business operations over time. Despite the lack of clear‚ universally accepted metrics
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ARTICLE VIII JUDICIAL DEPARTMENT Section 1. The judicial power shall be vested in one Supreme Court and in such lower courts as may be established by law. Judicial power includes the duty of the courts of justice to settle actual controversies involving rights which are legally demandable and enforceable‚ and to determine whether or not there has been a grave abuse of discretion amounting to lack or excess of jurisdiction on the part of any branch or instrumentality of the Government. Section
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Ch 1. Accounting Information and Decision Making Financial accounting: Measurement and communication‚ measures business activities of a company & communicate to external parties Managerial Accounting: methods accountants use to provide info to managers (acct 210) Who needs to make decisions about companies? Investors Creditors-lend money Customers-big customers (i.e. Apple buys memory chips from Samsung) Suppliers-ability to pay Managers-production/expansion Employees-employment opportunities
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THE GEORGES HOTEL The Hotel ■ 163 guest rooms‚ 65-70 employees. ■ Front desk: 10 employees. ■ Valet parking services: 8 employees. ■ Housekeeping: 28 employees. ■ Engineering and facilities maintenance: 4 employees. ■ Management and administrative: 15-20 additional staff members assigned to departments throughout the hotel‚ including management‚ office support and sales. The Garden Terrace Restaurant ■ Approximately 35 employees. ■ The restaurant is open daily from 5:00 a.m. to 10:00
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Philippine Standard on Auditing 200 – Overall objectives of the independent auditor and the conduct of an audit in accordance with Philippine standards on auditing Scope of the PSA – identifies the nature and scope of the PSA’s +++>> to establish the objectives and responsibilities of an auditor. An Audit of Financial Statements 3. The purpose of an audit is to enhance the degree of confidence of the intended users in the financial statements through the auditor’s opinion. 4. The management
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CH. 1: INTRODUCTION TO LAW AND LEGAL REASONING Law – provides stability‚ predictability‚ and continuity. LAW IS AN (1. SET OF RULES) that (2. COURTS WILL ENFORCE)—and AMERICA’S FIRST LAW SYSTEM USED IS COMMON LAW/ ANGLO-AMERICAN COMMON LAW DEAN’S LIST 1. CONSTITUTION (+ CHARTERS) 2. STATUTES (+ ORDINANCES) 3. TREATIES 4. CASE LAW / PRECEDENTS / STARE DECISES 5. EXECUTIVE ORDERS 6. ADMINISTRATIVE RULES + REGULATIONS 7. CONTRACTS 8. INITIATIVE (+ RECALL) 9. REFERENDUM 10. COMMON LAW
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A 200 Year Democracy Our nation is approximately two hundred and thirty years old‚ and our democracy‚ the same. According to Alexander Tyler a democracy only lasts an average of two hundred years; so we are overdue right? I don’t think so‚ and I shall tell you why. I don’t think we are overdue. No‚ not at all‚ I just think we are running a little late to the party‚ so to speak; however we are well on our way there. Alexander Tyler said that a democracy will fall at the hands of a loose fiscal
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