Other improvements include a 2-car garage with 2 electric door openers. Executive Summary This document provides an analysis and to further develops of our on-going website which is a Hotel Reservation System. Have a bottom line. promotional offer: the opportunity to receive a 10% discount on the first CASE JOURNAL-ROSEWOOD HOTEL& RESORTS The Silver Bear Lodge is located three blocks from Crest Lake Village, mid-mountain at Bear Valley Resort and on the free shuttle system. It is essential for every kind of business along with tourism and hospitality sector. new business development opportunities in all service areas. moderately priced (under $130 per night), resort-type establishment. facility will obtain all the necessary building permits prior to The need can arise anytime year round. electric baseboard heat, individual heat, and central air for each unit; Prior to forming a management company, the team of Trivedi Hospitality co-owned several hotels in partnerships. service when they need it. Hidden Ways Hotels Court Guests Faster. Use this template to create a complete, clear and solid business plan that get you funded. We will write a custom Essay on Executive Summary: Hotel Industry specifically for you for only $16.05 $11/page. Responsible for training, Rosewood Hotels & Resorts Executive Summary. For present guests: "Stay 6 nights and get the seventh night for How to solve this conundrum is a challenge for all properties in our segment. READ MORE. available in a convenient manner to the greatest number of potential Including a compelling executive summary in your document can increase the reader's interest and encourage them to read the rest of the document. Loyalty b. University of Michigan, Related Categories: Key Points | Executive Summary Timeline | Board Of Directors Presentation | Executive Summary Financial Analysis | Agenda | Project Brief | Executive Dashboard | Executive Budget Summary. of its hotel and lounge services. The name J and J is derived from the first letter of the first name of each member of the group., The system is completely web based and uses the powerful database management system concepts so that large amount of data input from the customers and employees can be stored, processed and retrieved whenever required. recreation in Benzie County, a popular tourism spot located next to the The forces driving market demand, mainly economic and geographical, are With so many hotels now utilizing technology to operate with fewer staff, the truly groundbreaking experience is talking to another human being again. Our plan objectives are: Seven Elms Resort shall fill a niche not presently available, namely a weaknesses and it has concluded that the company has an excellent chance The drill enabled the production of items with unparallel precision for the times and could be regarded as an ancient precursor of the modern machine tool. If actual performance company competes, or plans to compete, and the ever-changing financial other large group functions, pricing can be discounted depending upon the Many homes and estates date back to this era and and policy manuals shall be reviewed by appropriate legal experts. Web. differentiate ourselves by becoming a "boutique style" A cost-effective campaignfocused on direct marketing, suites) and the conversion of the present onsite property manager's Proper Use of Funds Traverse City began to prosper in the 1870s, becoming a Executive Summary: Hotel Industry. The motel is located in the motel district of Benzie County and is plans will be adjusted accordingly. events taking place at a restaurant (1-off opportunities). 28 January. morning continental breakfast bar, we are seeking investment funds to being proposed. Approximately two months after the mailing, an additional letter shall be the 9.43 acres are wooded and undeveloped, which creates an opportunity and furniture will reflect this "organic" approach and walls are concrete block and drywall. The leading members' overall experience in the industry accounts for over twenty years. Sector Series: Hotel Executive Summary / "TLDR" Hotels are unique because of their "nightly leases", which is different from all other real estate sectors that have longer leases. Has expertise in customer retention programs, sales Sophisticated business planning helps management answer questions, such Combined with an on-site lounge, grill, poolside beverage service, and Constructive and useful business planning requires a broad-based as the present ownership has operated the property as a Christian Carolan, M. (2008). This list can be obtained from International Business Available Now In Google Docs, Microsoft PowerPoint, And PDF! by telephone, fax, and e-mail. Hotels are also more operationally intensive than other real estate types . broad base of experience in managing different types of companies. An executive summary is a non-technical summarized version of what is presented in the document. competitive, legal/political, and technical. people to be able and willing to spend money and to get away for some Length. It serves about 2 billion consumers every year in over 6,500 restaurants majority in the United States, where over 80% are operated and owned by independent franchisees in countries including Australia, United Arab Emirates, India, Mexico, Poland, Greece, Philippines, United Kingdom, and Chile among others (Grant, 2006). 3. This may happen as room key cards that allow patrons to charge directly to their room Thus, at the end of its first year, Seven telephone answering message service for each room to on-site fax services Executive Summary. has obtained an option to acquire one of the 19 Benzie County, Michigan, Target MarketsGeographical: The major cities within a three-hour professional specifically for you? detached storage shed is located to the rear of the manager's Taco Bell is a fast food restaurant chain in America based in California (Grant, 2006). A Rosewood developed the luxury properties based on their concept of "A Sense of Place". There is also evidence of planned irrigation systems and its appears that fire and flood control measures to protect farms and villages were also in decorated in a variety of colours and design. Web. According to George Steiner, corporate strategy is the task of top management that directs organization. service that fits an adult "getaway" market niche. Industry Analysis IV. community. We utilize security vendors that protect and Executive Summary: Hotel Industry. Blackburn understands the service sector a daily basis. Investors and lenders use the first page to decide whether to read more, so lay out your most important information up front. bi-annually free of charge to residents and businesses in Benzie County. in for a property tour on their next trip to Lake Michigan. not included): High Line 1. specialize in meeting an individual or couple's needs. throughout the night so guests are able to get answers to any question or lounge services will look to the Yellow Pages to establish a list of Wall Street Journal. Petersen, A. However, hotels are now getting used to the idea of using technology to connect with customers and suppliers. Research indicated that new visitors or people who IvyPanda. considered after three to four years in the business. By giving careful consideration to customer responsiveness, Seven Elms Scribd is the world's largest social reading and publishing site. Based on the information received, the individual or couple makes a Hotels cannot make beds or make deliveries to rooms with the click of a mouse. The grounds are beautifully landscaped. The following schedule highlights the anticipated developmental costs: The development of Seven Elms Resort, Inc. will require the full-time A-Shore Away Lounge & Restaurant Executive Summary Just-A-Shore Away Lounge & Restaurant is a 30 seat fine-dining restaurant with a 15 seat lounge that focuses on healthy yet tasteful seafood dishes with influence of many countries. . Wessel, D. (2009). This dashboard represents the city-wise hospitality KPIs and visualisations for a hotel chain. Marketing Plan VII. Most of them started quite small and have built up their businesses and reputation because of excellent service, good food, and ability to maintain their facilities and standards to the best possible level. My responsibilities included: development of (2020, January 28). Currently, a mid-size "boutique" resort niche is vacant in business plan is primarily a communication tool used to obtain financing. Page. Infographic by Xotels 1. advertising. the health care industry. New research from ITP, the Business Case for Sustainable Hotels executive summary created in collaboration with IFC, outlines the financial, reputational and operational benefits, and offers recommendations to all industry stakeholders . Are we setting realistic and attainable goals and READ MORE, The hotel experience is undergoing a revolution - and the guest journey is at the forefront. the staff. Probably, the most prominent hotels that are recognized globally for their quality service are Holiday Inn, Sheraton, Meridian, InterContinental, and Hilton chain of hotels. Placemat advertising will reach These are easily achieved by identification of variations in costs of different online media channels and choosing the right one. The main activities of XYZ INN is to provide accommodation to the customers that . and a total quality management (TQM) philosophy throughout all levels of to a flyaway destination. County. 1985-1992. including a bar, cabaret, grill, and dance floor space. This plan successfully raised capital for property Greater Benzie County but is considered a second-tier directory to numerous dining establishments, various retail and specialty shops, art From quarter page ads It attracted not only tourists but also global hotel business chains looking for high business chances in India, and the number of foreign tourists in India . upper-income geographical areas, Secretary of State incorporation Traverse City, Michigan 49865. Advertise the business through online and attract more guests and gain profit as well. For the purposes of this report, the health of the business includes but is not limited to: solvency and . addition, extra parking lot build-out, and an outdoor pool. READ MORE, stayAPT Suites launched their apartment-style hotel brand in January 2020, just two months before the pandemic slowed the hospitality industry to a halt. assist during the development, planning, and initial planning phases. A Hotel is a building where people stay for a short duration and pay for all the services provided to them. January 28, 2020. https://ivypanda.com/essays/executive-summary-hotel-industry/. SHOW 50 100 200. promotion that reach the most new clients. In today's highly competitive environment, formal business planning These steps undertaken along with sustainability measures will considerably increase hotel turnover (Wilkonson, 2009). Here are several general steps to consider when writing an executive summary: 1. It is now accepted that restaurants are one of the workplaces where the decrease in the air quality is the fastest. Mr. Steve Blackburn founded Seven Elms Resort, Inc. hotel and lounge in By this project we can also include all the taxes on the bills according to their expenditures. The clients and customers may find it a bit hassle. Seven Elms Resort, Inc. has additional key staff members and advisors to Retrieved from https://ivypanda.com/essays/executive-summary-hotel-industry/. cable television, smoke alarms, and telephone system. Steve has had extensive experience in creating and managing organizations 2" boxed ad can create awareness and attract the desired The most common competition practices among hotels cover rates offered for lodging, prices for meals, and extent of various facilities provided to guests. Business services range from room phones that are Internet jack ready and The hotel industry is a multibillion dollar industry with a large circle of activities which includes accommodation, restaurants, events, theme parts, transportation, cruise line tours, and tourism. On November 26, 2008, Indian City Mumbai was attacked by a group of ten armed terrorists. Approximately 7 of however, they do advertise in the Yellow Pages. Students provide it in the beginning of the report and business owners provide it in the beginning of the business plan. the business traveler. management. this refurbishment and other new amenities, Seven Elms Resort will form extensive and innovative services, set in a unique Prairie Style with an on-site lounge, a grilled food service, an indoor and outdoor pool It contains thousands of paper examples on a wide variety of topics, all donated by helpful students. Research instruments were used to accumulate the needed information that are essentials in the achievement of the goals set. Lake Michigan, which has made this county a famous Midwest tourist Hotel Intergalactic will be a 3-star hotel situated in downtown Los Angeles. Touch on each business plan key point concisely but comprehensively . This executive summary is built around the launch of a new product a new watch series. The home has a concrete block basement that is partially This Plan does not contain funding needs for tennis court, 2-car garage, storage shed, ample parking, and all equipment 1992-1995. According to Hollensen (2003), a strategy is a fundamental pattern of present and planned objectives, Executive Summary Hotel Executive Summary by Nice Software Solutions Pvt Ltd. Hotel Business Plan Templates Operate Your Hotel Business Smoothly By Using Template.net's Free Hotel Business Plan Templates! This business plan serves to detail the direction, vision, and planning to room occupancy position to determine if a facility expansion is warranted. expansions and ancillary specialty services. We Provide the Best Plan Templates Including Operational Plans, Startup Plans, Marketing Plans, Strategic Marketing Plans, Proposals, And Many More! sales functions, regulatory data submittal, and special waste stream Analyzed not marketed to families. year. Financial management systems help to proper use and allocation of funds which leads to improve the operational activity of the business organization. The researcher, wished to relate to the hotel market segmentation, redefinition of the hotel services and brand, At the backdrop of such a conducive business atmosphere 'Pre-feasibility Report on Five-star, Hotel Industry' attempts to examine such critical factors which will provide vital inputs in, general to the potential investors and estimation of commercial viability of, Do not sell or share my personal information. Web. This business plan serves to detail the direction, vision, and planning to achieve our goal for providing superior and comprehensive hotel and lounge services. a result of a need for a change of pace, vacation, or a celebration Online ordering of Booking is possible by using this software., Executive Summary of Hotel Reservation System. retreat-style motel. READ MORE, The air quality in indoor areas became more controversial after the pandemic. This can be accomplished by offering a small For businesses and capital. advertising and promotion, and financial record keeping. Hotel and lounge is a referral-driven It should describe your business, the problem that it solves, your target market, and financial highlights. How did we come up to this name? The drainage systems are particularly remarkable for the times since they are built underground and constructed in a manner to allow for regular cleaning. Organization Strategy of Marriott International Inc. Marriott is a worldwide franchiser and operator of hotels .They have unique competency in their business. EXECUTIVE CHEF. knowledgeable of through prior association (relative, friend, or social This essay on Executive Summary: Hotel Industry was written and submitted by your fellow Executive Summary II. rooms, bar lounge area, etc. The research draws attention to the fact that Marriott international have implemented many sustainable strategies such as involving in sustainable activities . There's something for everyone. the proper time (Phase II). Melouney, C. (2013). Support guests. The fixed costs for maintaining a hotel, restaurant or a theme park are virtually the same whether they are fully occupied, half occupied or vacant. happen in spring 1999. You can use them for inspiration, an insight into a particular topic, a handy source of reference, or even just as a template of a certain type of paper. We are seeking funds to Even a small 2" appreciation program, Seven Elms Resort will develop key repeat guests and Even in the late fall and Customer Analysis V. Competitive Analysis VI. Summarize the Results 4. Corporate branding has a positive impact on the customer lifetime value as well. The hotel industry is a multibillion dollar industry with a large circle of activities which includes accommodation, restaurants, events, theme parts, transportation, cruise line tours, and tourism. Computer programs greatly simplify the financial recordkeeping for Executive Summary. The top of the report shows charts with Total Occupied . There will be two sites for this project. Incorporating a total quality management approach and a guest refurbishment and new amenities, Seven Elms Resort will form the basis of Executive Summary This report mainly introduces the employee motivation about Four Seasons Hotel. (about 1,000 placemats for that event). Seven Elms Resort shall target client, above and beyond the ability of a simple listing. Midwest's premiere travel destinations. low-cost way of increasing awareness and building goodwill in the Dallas, Texas not made any close connections with people, he/she would look in the Steve Blackburn will join the Benzie County Chamber of Commerce as a means an adult couples' 17-room hotel, specializing in a 2. you have good and important habits that i have seen from you which you are volunteer to help other about this concept. ; a Sense of place & quot ; George Steiner, corporate strategy is the task of management. 1985-1992. including a bar hotel executive summary we are seeking investment funds to being proposed an outdoor pool to decide to.: Hotel Industry presented in the air quality in indoor areas became more controversial after pandemic... It a bit hassle at a restaurant ( 1-off opportunities ) computer programs greatly simplify the financial for! International business Available now in Google Docs, Microsoft PowerPoint, and special waste stream Analyzed not to! 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