Ryerson Hotel Amenities RevPAR Occupancy Rates & Performance Indicators Report Please answer the following three parts in your report: Part 1.Discuss the

Ryerson Hotel Amenities RevPAR Occupancy Rates & Performance Indicators Report Please answer the following three parts in your report:

Part 1.Discuss the challenges of taking over an inefficient hotel with limited facilities（No mini bar, no conference room, no quick check in/out and so on） (150 words)

Part 2

Please discuss the importance and impact of ADR, REVPAR and Occupancy percentage. Finally, provide an analysis of how ADR, RevPar and Occupancy% performance indicators affect your hotel’s operation and how it impacts management’s decisions. Do the same analysis for key F&B performance indicators, including prices, costs and profits.

Use relevant performance indicators in your report from your own HOTS hotel.

Average monthly ADR$, Average monthly Occupancy%, Average monthly REVPAR, Rooms Revenue, Rooms Gross Profit, monthly management decisions (from your Management Decision Journal). revenues and costs, profits, selling price, number of covers, average daily check, etc. (500 words)

Part 3.Research in Internet a real 3-4 stars hotel operation anywhere in the world (150 words) – If you have a contact in a hotel, you can use this contact’s experience/knowledge, to complement your on line research.

What is the hotel criteria to make decisions on:

oRevenue Management

oMenu/Banquet Pricing

oWhat percentage of revenues and profits are typically generated from a full-service hotel in Rooms and F&B? Please use web sources and reference at least 2 sources.

How you will be evaluated

1.Discuss how these results impact management’s decisions (past and future)

2.Were ways to improve the operation of your hotel going forward, based on current results identified in the report?

3.Was there an overall improvement in your hotel ‘s results compared to previous terms

4.Report showed critical thinking and analysis and NOT JUST STATING the facts.

5. Only part3 can use 2 references Please answer the following three parts in your report:
Part 1.
Discuss the challenges of taking over an inefficient hotel with
limited facilities（No mini bar, no conference room, no quick check in/out
and so on） (150 words)
Part 2.
(Jan. to Aug.)
February
Y1
March
Y1
April
Y1
May
Y1
June
Y1
July
Y1
August
Y1
105
101
99
111
95
83
85
OCC% 11
12
15
16
17
30
68
80
RevPar 11
13
15
16
19
30
Hotel
ADR
January
Y1
100
57
68
F& B:
Year
1
1
1
1
1
1
Month
6
5
4
3
2
1
Meal (Weekday)
1204 1461 1086 844 870 607
Meal (Weekend)
973 1408 1041 788 854 550
Liquor
6096 7137 5256 3934 4163 3148
Year
1
1
Month
8
7
Meal (Weekday)
2546
1805
Meal (Weekend)
1506
1248
12266
8879
Liquor
Please discuss the importance and impact of ADR, REVPAR and Occupancy
percentage. Finally, provide an analysis of how ADR, RevPar and
Occupancy% performance indicators affect your hotel’s operation and how it
impacts management’s decisions. Do the same analysis for key F&B
performance indicators, including prices, costs and profits.
Use relevant performance indicators in your report from your own HOTS
hotel.
Average monthly ADR$, Average monthly Occupancy%, Average monthly
REVPAR, Rooms Revenue, Rooms Gross Profit, monthly management
decisions (from your Management Decision Journal). revenues and costs,
profits, selling price, number of covers, average daily check, etc.
(500
words)
Part 3.
Research in Internet a real 3-4 stars hotel operation anywhere in
the world (150 words) – If you have a contact in a hotel, you can use this
contact’s experience/knowledge, to complement your on line research.
What is the hotel criteria to make decisions on:
o
Revenue Management
o
Menu/Banquet Pricing
o
What percentage of revenues and profits are typically generated from
a full-service hotel in Rooms and F&B? Please use web sources and reference
at least 2 sources.
How you will be evaluated
1.Discuss how these results impact management’s decisions (past and
future)
2.Were ways to improve the operation of your hotel going forward, based on
current results identified in the report?
3.Was there an overall improvement in your hotel ‘s results compared to
previous terms
4.Report showed critical thinking and analysis and NOT JUST STATING the
facts.
5. Only part3 can use 2 references

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