Hotel Managment Report! Only for who studied hotel before!
Part 1 (600 worlds): Facility upgrades, additions and Environmental Management Systems are long-term strategic decisions for market penetration and for remaining competitive. EMS have benefits and drawbacks operationally and financially to a hotel’s operation. What critical considerations must you make when adding facilities, upgrades and implementing EMS initiatives to your hotel?
Discuss the importance AND analyze the impact of facility upgrades, additions, and EMS initiatives from a financial perspective on a hotel’s operation and how it impacts management’s decisions (600 words).
Important: All capital costs AND revenue increase (due to upgrades, additions, or EMS) MUST be provided. This legitimize your report and validate your management decisions.
Part 2 -300 worlds
If your hotel is part of a chain, what are the requirement mandated to upgrade and update your hotel? How often? When was the last time the hotel was updated/upgraded and what were some of the updates/upgrades done? Were the designs, standards, etc. chain provided or were they left to the hotel to decide? What support did the chains provide? If you are not part of a chain, answer the same questions above but provide details as to who came up with the designs etc. Who pays for the upgrades and where does the money come from?
What have been some EMS initiatives implemented at your place of externship? When was this done and what is the expected or actual ROI’s generated over time? Was the EMS initiative mandated by the Chain or self-imposed? Who pays for the upgrades and where does the money come from?