feasibility for hotel Essay
In March 2014, my friends and I is interested in the development of a luxury hotel, planned to be operated by a well renowned hotel brand, a feasibility study was commissioned to be made.
The purpose of this paper is to investigate the opportunities and risks of operating a high class hotel at the designated location. In order to determine whether a feasible operation of such an establishment is possible, the various key factors of competitive business in this particular market will be analyzed
Basically, the main factors include a certain standard of guest rooms and suites, gourmet facilities as well as recreational areas including a representative Wellness.
A prerequisite for a professional feasibility study is …show more content…
D. MANIA-excessive excitement or enthusiasm; craze GRUDGES-a feeling of ill will or resentment; Transylvania – a region and former province in central Romania: Formerly of Hungary Baffling - unexplained
VI: ORGANIZATON STUDY
A. The form of ownership in our business is corporation we choose this kind of ownership because we need more budget to build our business and we find it more easier to build and handle a business if we choose corporation as a kind of ownership like what the saying said “More brains are better than one”
The stock holders are these following people Miss April Jolliet Iducos, Miss Glinalyn Sialongo, Miss Bebie Mae Pacuribot, and Miss Aexandra Cajes.
In our hotel’s departmentalization, departments are segregated i.e. separated from each other based on functions or tasks they perform. Examples of our functional departmentalization includes, production department, finance department, marketing department, human resource (HR) department, etc. Here, all activities, which are directly or indirectly connected with production are grouped together to make a production department.
C. Hotel Traselvynia is currently in a growth and repositioning phase with our goals set on strategic development and