Bed Breakfast Feasibility Study - 1545 Words

Bed Breakfast Feasibility Study Business Industry: The business industry I have chosen according to the 2012 NAICS Definition falls under; Accommodation and Food Services- Sector 72 †¢ The Accommodation and Food Services sector comprises establishments providing customers with lodging and/or preparing meals, snacks, and beverages for immediate consumption. The sector includes both accommodation and food services establishments because the two activities are often combined at the same establishment. Excluded from this sector are civic and social organizations; amusement and recreation parks; theaters; and other recreation or entertainment facilities providing food and beverage services. (North American Industry Classification System, 2012) Sub classification is as defined as the following; †¢ NAICS 721191: Bed Breakfast Inns. This industry comprises establishments primarily engaged in providing short-term lodging in facilities known as bed-and-breakfast inns. These establishments provide short-term lodging in private homes or small buildings converted for this purpose. Bed-and-breakfast inns are characterized by a highly personalized service and inclusion of a full breakfast in a room rate. (Barnes Reports, 2011) The sub classification puts the bed and breakfast inn industry in 1% of hotels and motels. Business Trends: Online Reservations - An increasing number of BBs are adding online reservation systems to make it easier for travelers to make reservations and forShow MoreRelatedWheelchair5342 Words   |  22 PagesTRINITY UNIVERSITY OF ASIA Cathedral Heights 275 E. Rodriguez Sr. Avenue, Quezon City A Feasibility Study on â€Å"HOUSE OF WHEELCHAIR† In Partial Fulfillment of the Requirements of Bachelor of Science in Accountancy College of Business Administration Presented to: Mrs. Cecile Baniqued Presented by: Christian Aris Guy Jeffrey Jaramillo Dianne Lozano Janelle Ann Sotto CHAPTER I EXECUTIVE SUMMARY A. Company Name : House of Wheelchair The business proponents came up withRead MoreHomelessness Is A Major Topic Affecting The United States And Other Parts Of The World1836 Words   |  8 Pageshomelessness such as visible homelessness, which is described by being on the streets, sleeping rough, and in shelters (Long). There is also hidden homelessness, which explains those in temporary housing with relatives or friends; living in bed and breakfast accommodation, and squatting (Reeve). There has been a large number of homelessness due to the loss of SRO or Single Room Occupancy. This linked to several reasons: gentrification, slum lording and warehousing. Gentrification in this sense refersRead MoreHotel/Motel Market Analysis 23903 Words   |  16 PagesHotel/Motel Market Analysis Developing a business plan for an existing business or conducting a feasibility study for a new venture requires a thorough analysis of market conditions. Market conditions in your area have a significant impact on the profitability of your hotel or motel. The strength of the local lodging market affects how many rooms you can sell and the rates that you can charge. This guidebook will help you analyze your market so that you can gauge the potential of your operationRead MoreFeasibility Study for a Beach Resort16987 Words   |  68 PagesExecutive summary This feasibility study is commissioned by Mr. Jaime D. Reyes, a resort owner from Pinamalayan, Oriental Mindoro. The resort owner would like to further utilize his resort, Bulaklak Garden Resort, a 24-hectare beach front in Brgy. Pili. Currently, only 3-hectares of the land is being utilized, making 21-hectares a viable spot for improvements. However, due to financial constraints, the owner would like to loan to the bank to finance the probable expansion of his resort, and beforeRead MoreChapter 1 Systems Analysis and Design Thesis (Resort)7416 Words   |  30 Pagesat all places. Almost all business entities use computer systems in dealing with their transactions and storage of their files. Computer has made the work easy with its speed, memory, reliability in computing, and ease to retrieve data. The study is made for the VCWWWI that deals with day-to-day operations transaction systems, room and cottages reservation, property management system, conference and banqueting system, and stock-control system. REVIEW OF RELATED LITERATURE History of ResortsRead MoreQuestions On Online Hotel Management Essay7516 Words   |  31 Pagesnot be conceivable without every one of them. Table of Contents CHAPTER 1 5 INTRODUCTION AND CONCEPT FORMULATION 5 1.1CASE STUDY 5 1.2Problem Statement 6 1.3Solutions 6 1.4Objective 7 1.5Feasibility Study 7 1.5.1Supply/Demand Dynamics 8 1.5.2 Occupancy Average Rates 8 1.5.3 Hotel Revenue Projections 8 1.5.4 Hotel Expense Projection 8 1.5.5 Hotel Feasibility Study ROI 9 1.6 Resources 9 1.7Introduction of website 9 1.7.1 Types 9 1.7.2 Advantage 10 1.7.3 Disadvantage 11 1.8.1 Hypertext Pre-processorRead MoreFeasibility Analysis for an Ecotourism Hotel in Costa Rica9552 Words   |  39 PagesLa Fuerza Feasibility Analysis Introduction 3 Summary Of The Concept 3 The Destination 5 Key Points of the Innovative Idea 5 1 MARKET ANALYSIS 6 1.1 Industry Age, Size, and Growth Rates 6 1.2 Industry Trends and Changes 6 1.3 Industry Structure 7 1.4 Market Characteristics 9 Market Segmentation: 9 Ecotourist Profile: 10 2. COMPETITIVE ANALYSIS 12 2.1 Major Competitors (direct, indirect, future)Read MoreCase Based Pediatrics for Medical Students10891 Words   |  44 Pagesreceptors in this area d. The medication can be injected while the client is in any position Situation 2 – The therapeutic use of massage and medication to help decrease stress and pain have been strongly recommended. 6. Laura wants to do a study on this topic: â€Å"Effects of massage and meditation on stress and pain†. The type of research that best suits this topic is: a. Applied research b. Qualitative research c. Basic research d. Quantitative research 7. This type of researchRead MoreMass Customization in Apparel Industry6705 Words   |  27 PagesG Asai 1 Table of Contents Introduction................................................................................................. 3 Who should do mass customization?............................................................ 4 Feasibility of Mass Customization................................................................. 6 Supply Chain Restructuring.......................................................................... 8 Cost Drivers Cost Savers in Mass Customization:...Read MorePlanning Principles Systems And Practice4084 Words   |  17 Pagesidentifies eleven employment precincts that vary in size and offering. A large amount of residual maritime industrial lands exists around Rozelle and White bays, whilst the rest are surrounded by residential and commercial land uses (Employment Lands Study, 2010) The demographic profile according to the Australian Bureau of Statistics, of the Leichhardt also shows a rapidly aging population; predicted 83% increase of persons aged 65+ in Leichhardt by 2031. Household types: - 63% family household,