Download file to see previous pages...
The analysis of this report focuses on analyzing the strengths, weaknesses, opportunities and threats which the seaside hotel faces in the industry.
The financial analysis of the three years reveals that the hotel has increased its performance from the first year to the second year. However, from the second years to the third year, there was a reasonable decline in the overall revenue of the hotel. During the third year, the hotel offered discounts to the customer which was not reflected on the sales of the hotel. Further, the third year witnessed stiff competition as the facilities and services of the rival hotels and resorts were ranked higher than that of seaside hotel. This led to a decline in the revenue.
The strengths of the company lie in the ability to compete favorably in the industry while encroaching into new markets. As such, Sea side endeavors to undertake several strategies in year 4 which will see the development of the conference facilities which are more updated due to increased demand. The hotel also wished to expand their operations by application of successful and sufficient advertising mechanisms for their different sectors such as conference facilities, bar and restaurant.
The purpose of this report is to provide an analysis of Seaside hotel using the financial data of three consecutive years to analyze it performance and trends. The hotel is a 3 star hotel, for this reason it is characterized by a restaurant, bar, small health club, conference facilities and business services. There is also ample car parking and grounds that many a times have brought revenues from the weddings. Over the last three years the hotel has really performed quiet well. The hotel has been able to survive in a competition intensive market and managed to develop more and more into a major hotel in the region.
This section will analyze the performance of the hotel for the last three years. It will be guided by the financial analysis of
...Download file to see next pagesRead More
By definition, a budget hotel targets to the lower end of the spectrum and differentiates itself through cost leadership. While on the other hand, a luxury hotel as the name denotes targets to the upper segment of the market offering endearing features.
The paper aims to espouse on the overall concept of operation management and describes the operational management activities utilized to realize success, in terms of capacity management in hospitality in this particular hotel.
The report focuses on problems that are faced by hotel business, as well as viable suggestions on how services can be improved. The areas focused are booking, parking, reception, lobby services, room services, recreational facilities, conference room facility, guest room cleaning, laundry quality, inventory, maintenance, fire fighting and emergency procedures of the facility.
The teaching of management is an important tool for any one running a business, and it should keenly work in away that suit the changing world. Human beings need to be reminded on the dangers of hot coffee and how they should handle the coffee with much care.
Firstly, leadership is believed to be a practice of social persuasion. It entails that for leadership to exist there requires being a leader along with certain followers. The second facet has been identified pertains to the fact that leadership aids in extracting the intended behavior from the followers.
By adopting the ISO 9001:2008 framework, the acculturation of a learning organization into the consciousness of each employee of the hotel shall provide the impetus to strive and be better in providing service to hotel guests and patrons. A Quality Management System or QMS will govern the conduct of each of the hotel’s front liners.
Technology itself is almost always taken as an exogenous factor in economic analysis. Opportunities include increased population and improved economic conditions of the country, direct investment and technological change. Still, Vietnam has high inflation rates and old legislation dangerous for a hotel business and the market in general.
The hotel faced various difficulties with its management and operation. In order to solve those difficulties, some market strategies must be formulated. The report includes the marketing strategic plan, which had been made after SWOT
38). Reception services for hotels can as well be under a number of categories that comprise of room allocation information and mails, concierge, bell service, cashiers and night auditors. Accommodation services mainly offer customers with relaxed,
, Glo-Tech contracted Global events to organize for it conference facilities for its global delegates who were coming for an event hosted by the company in Rome, Italy. The expected number of guests provided by Glo-Tech was 550 delegates, of whom 260 came along with their
8 Pages(2000 words)Essay
GOT A TRICKY QUESTION? RECEIVE AN ANSWER FROM STUDENTS LIKE YOU!
Let us find you another Essay on topic Hotel operation management for FREE!