Discuss hospitality and population trends for the area

Assignment Help Business Management
Reference no: EM132706295

You have received a six-figure inheritance from a distant relative's estate. You have a strong interest in using the inheritance to set yourself up with an independent, nonfranchise hospitality business that has a high probability of success. Research current hospitality trends and projected growth areas for the next few years. Determine the type of hospitality business that would fit your preferences with a high probability of success, Discuss the following:

-Discuss hospitality and population trends for the area in which you would choose to locate the business.

-Describe the details relating to concept, staff and management structure, and projected first-year revenues specific to your business, with supporting information for why you believe it would be feasible.

-Describe the consumer market segment that your business would target, and why.

Reference no: EM132706295

Questions Cloud

What is a method to assess performance : What is a method to assess performance and do research regarding the steps involved.
Explain the different types of noise introduced : Explain the different types of noise introduced and provide workplace scenarios describing situation where the noise could exist.
How the financial asset is recognised and measured in year : Cherub purchased a financial asset on 1 October 2019,How the financial asset is recognised and measured in the year ended 30 September 2020, with calculations.
Determine the total costs using the account analysis method : The following information pertains to 2019 operations - Sales (5,000 microwave ovens) $1,350,000. Determine the total costs using the account analysis method
Discuss hospitality and population trends for the area : Describe the details relating to concept, staff and management structure, and projected first-year revenues specific to your business, with supporting informati
How lessons positively impact your career success : Discuss how you can apply the concepts learned in this course to your current or future career. How might the lessons you have learned positively impact.
Discuss the role of securities commission malaysia : Suggest ways to further enhance the existing duties of SC in order to improve the reliability of accounting information to the users of financial statements.
Performance appraisal and performance management : 1. What is the distinction between performance appraisal and performance management?
Understanding of consumer behavior : 1. How has an understanding of consumer behavior helped Coppertone grow in the United States and around the globe?

Reviews

Write a Review

Business Management Questions & Answers

  Caselet on michael porter’s value chain management

The assignment in management is a two part assignment dealing 1.Theory of function of management. 2. Operations and Controlling.

  Mountain man brewing company

Mountain Man Brewing, a family owned business where Chris Prangel, the son of the president joins. Due to increase in the preference for light beer drinkers, Chris Prangel wants to introduce light beer version in Mountain Man. An analysis into the la..

  Mountain man brewing company

Mountain Man Brewing, a family owned business where Chris Prangel, the son of the president joins. An analysis into the launch of Mountain Man Light over the present Mountain Man Lager.

  Analysis of the case using the doing ethics technique

Analysis of the case using the Doing Ethics Technique (DET). Analysis of the ethical issue(s) from the perspective of an ICT professional, using the ACS Code of  Conduct and properly relating clauses from the ACS Code of Conduct to the ethical issue.

  Affiliations and partnerships

Affiliations and partnerships are frequently used to reach a larger local audience? Which options stand to avail for the Hotel manager and what problems do these pose.

  Innovation-friendly regulations

What influence (if any) can organizations exercise to encourage ‘innovation-friendly' regulations?

  Effect of regional and corporate cultural issues

Present your findings as a group powerpoint with an audio file. In addition individually write up your own conclusions as to the effects of regional cultural issues on the corporate organisational culture of this multinational company as it conducts ..

  Structure of business plan

This assignment shows a structure of business plan. The task is to write a business plane about a Diet Shop.

  Identify the purposes of different types of organisations

Identify the purposes of different types of organisations.

  Entrepreneur case study for analysis

Entrepreneur Case Study for Analysis. Analyze Robin Wolaner's suitability to be an entrepreneur

  Forecasting and business analysis

This problem requires you to apply your cross-sectional analysis skills to a real cross-sectional data set with the goal of answering a specific research question.

  Educational instructional leadership

Prepare a major handout on the key principles of instructional leadership

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!

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