Essays on Three Star

Business Plan for a Proposed Three Star Category Hotel in Auckland

Business Plan for a Proposed Three Star Category Hotel in Auckland

Executive Summary

The present paper proposes analyses and presents a business venture in the form of a 3 star category 70 room hotel Business. The business is projected as low cost and high value proposition to the mid to upper scale business and leisure clients. It is found that the business is capable of recovering its 5 year working capital costs within a span of 2 years and 2 months thus an early operational breakeven is likely. Annual revenue of $1,609,650 at 70% occupancy and $90 ADR (Average ...

Situational Background and the need for higher ratings

Citrus restaurant has been operating in San Diego, California as a French Specialty cuisine restaurant for 14 years since its entry into the industry in the year 2000. So far, the restaurant has procured two stars under the Exxon-Forbes Mobil (formerly Exxon Mobil ratings) and with respect to competition and popularity of dining business in the area, is considering an increase in the star ratings in order to attract more business and gain higher reputation in the industry. However, there are various factors to be taken into consideration to achieve the same and these have been highlighted in the various ...

International business is the multi-lateral trade between different countries across the globe. International trade has various positive and negative effects to the participating countries. For example, in the recent past, the world has been rocked by various financial crises originating from different parts of the world. One of the major financial crises that greatly affected the world of commerce is the Greece debt crisis. In addition, there are other two financial crises that have caused negative impacts in both Europe and America. These crises are Spain and Portugal debt crisis (Duthel, 2011). It is evident that management of debt ...