User Account

All Pages

Describe market in which hotel will be in market situation

Assignment Help Microeconomics
Reference no: EM131654854

Assignment

You are considering entering the hotel industry and will therefore prepare an accounting analysis of similar Danish hotels. You have limited funds, so you have to choose from smaller hotels with max 50 rooms.

1) Describe briefly what type of hotel you want to start - what may be special about this

2) You will need to find 5 hotels (cvr.dk) and prepare an accounting analysis for these. The financial analysis should show how general earnings and development are in the industry.

Note: Accounting analysis and financial analysis is needed to collect the points.

3) In addition, you need to make your own key figures for the analysis of the hotels in order to compare the hotels. For example, be turnover per hotel room.

Note: Assumption for key figures for 5 hotels and turnover ratio is required to compare the hotels and interpret it to knowabout the financial position of the Hotel.

4) Describe the market in which the hotel will be in the market situation

5) Describe the product that the hotel will offer in relation to substitution and whether it is a homogeneous product.

6) Describe and calculate the cost of starting a hotel - the numbers are online and the rest is estimated

7) Describe and calculate the cost of running the hotel - after it has started. Numbers can be found online as well as estimated.

8) Is it a good idea to start a hotel? Justify your answer

 

Reference no: EM131654854

Questions Cloud

Student information system that students : When creating a use-case diagram, how do i create sub cases that only one actor can use. For example, we have a student information system that students.
B2b selling is a strongly transaction-based process : Many companies require employees to spend time during their company career in the sales organization as a necessary step for advancement within the company.
Imagine for creating such a db : What kind of difficulties could you imagine for creating such a DB?
Discuss career development plan : Identify your goals and objectives. How will you measure your objectives. How will your plan affect your work/life balance
Describe market in which hotel will be in market situation : Describe the market in which the hotel will be in the market situation. Calculate cost of starting a hotel - the numbers are online and the rest is estimated.
Regular expression in a regular expression validator : Describe a situation in which you would use your own regular expression in a regular expression validator.
How much of each pcr reaction component will you add : The plasmid stock solution concentration = 0.01µg/µl, of which you need 100ng. How much of each PCR reaction component will you add, given the following
Relationship in age of the customer and the payment method : Based on the sample data, can the cable company conclude that there is a relationship between the age of the customer and the payment method used?
Two-input logic functions : Show that you can use only two-input NAND gates to implement each of the following two-input logic functions, and draw the used NAND gates and wiring.

Reviews

Write a Review

Microeconomics Questions & Answers

  Identify the possible illegal or unethical activities

From the scenario, identify the possible illegal or unethical activities activities in which the print shop boss plans to engage in, and identify the consequences on society from an economic point of view.

  Write down effects of international trade to gdp domestic

assume that you have been appointed as the speaker of the house. you must deliver a speech about the current state of

  Compare the economic surplus in the market

Compare the economic surplus in this market when there is a price floor and when there is not.

  Discuss substantive ways in which armed conflict

Discuss substantive ways in which armed conflict can contribute to or distract a developing economy and infrastructure. Analyze specific reasons why developed nations do not experience the same kinds of social upheaval.

  Combinations of monetary and fiscal policy actions

If the economy was experiencing a severe recession, which of the following combinations of monetary and fiscal policy actions would be most appropriate?

  When the fed sells government securities

When the Fed sells government securities, it: Increases the amount of excess reserves that banks hold, discouraging them from making loans to the general public.

  Evaluate a current issue or situation

Economic tools and concepts to evaluate a current issue or situation that exists in today's health care industry.

  Evaluate gehs reasoning

Demonstrate ethical scholarship in accurate representation and attribution of sources; and display accurate spelling, grammar, and punctuation.

  Simplicity assume each country have only two strategies

Assume two countries, West and East, want to decide whether to abate (control) their pollution or not. For simplicity assume each country have only two strategies, abate or do not abate.

  Normally provide subsequent increase in quantity demanded

An increase in each of the following factors would normally provide a subsequent increase in quantity demanded, except:

  Formulate the appropriate linear program

A manufacturer produces six products from six inputs. Each product requires different combinations and amounts of inputs. The following table shows the profit and raw materials requirements for each product. The last column shows the total amounts..

  Planning phase of the management process

How do managers use the concept of cost-benefit during the planning phase of the management process and how do managers use the concept of cost-benefit during the performing stage of the management process?

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd