Coral Divers Resort Case Study

In conclusion, coral is a single; it’s made up of thousands of ploys. Which secrete the limestones that attaches to rock or ocean bed and keeps them in the places where they came. That’s why if we stop the main cause of this--fishermen-- we’ll be able to see the coral reefs. The central idea of the article, “ Ingenious Coralbots May Help Restore Coral Reefs”, is that humans should stop taking the coral reefs from their

First, I am going to talk about the importance of coral reefs. Coral reefs are some of the most diverse and valuable ecosystems on Earth. They are home to 4,000 species of fish, 800 species of hard coral, and hundreds of other species. Scientists believe that there are another 1 to 8 million unidentified species (NOAA). According to the National Oceanic and Atmospheric Administration, new drugs are being developed from

Coral reefs are greatly hurt by tourism. When tourism first began, people had little regard for the delicate balance in the reefs. They would often break off parts of the coral to keep as souvenirs, damaging the area and hurting both the corals and the fish or other animals that relied on it. While humans today are more aware of the damage they cause, regular visitations can still create great damage by snorkelers or divers accidentally hitting and damaging the reefs.

Coral Divers Resort (CDR) is a small, but well-regarded, diving resort in New Providence Island in the Bahamas. It is owned by Jonathon Greywell, who work full-time at the resort and is a diving instructor certified by PADI and NAUI. CDR had established a solid reputation as a safe and knowledgeable scuba diving resort that offered not only diving, but also a beachfront location. Many divers had come to prefer CDR over the other crowded resorts in the Caribbean. It had been in operation for 10 years with annual revenues reaching as high as $554,000. However, over the last three years, financial performance had fallen off. Greywell realized that the resort

When it comes to judging the alternatives with the most important factors of profit maximization and competitive advantage, the recommended option to become focused on family diving vacations is much stronger than the option to specialize in shark diving. (Displayed in detail in Exhibit 2). Partnering with Rascals posts the highest first full year profits of $166,000 compared to the adventure focused and cost efficiency alternative that posts a first year profit of $112,000. Further, the partnering with Rascals has projected revenues that are sustained further out in the future because of the competitive advantage gained when moving into the family oriented diving segment rather than the adventure oriented segment. The difference in estimated revenue between the two in 2011 is approximately $620,000 with the family specialization solution

It would be quite a challenge to try to find a more beautiful outdoor community than Cape Coral, Florida (FL). With its waterway canal systems, exotic birds and floral environment, the city is both a great place to visit and live. One of the drawbacks found within the city's borders is the presence of drug addiction problems that seem to be a part of the overall culture throughout the state.

Core divers Resort (CDR) should focus on making their current business operation more efficient by keeping an eye on operating costs and partnering with adventure resorts for customers who wants adventure diving. The company financials cannot support any expansion for family oriented resort with the company being over leveraged with little cash and liquidity. Secondly, this strategy has ease of implementation and provides a profit increase of 10% with little capital expenditure

Based on the findings, the researchers recommended some actions for the improvement of the resorts. The resorts could give proper training program to the

According to their website, Coral will “soon” be ready with a final product, and currently have a pending patent request #62/062,883 the first to digits is the format used for a provisional patent request (a request without claims). Which basically means they don’t have a patent yet.

However, many fisherman are unable to catch as many fish as they used to, so they are increasingly using cyanide and dynamite in fishing, which further degrades the coral reef ecosystem.[6] This perpetuation of bad habits simply leads to the further decline of coral reefs and therefore perpetuating the problem. One solution to stopping this cycle is to educate the local community about why conservation of marine spaces that include coral reefs is important.[7] Once the local communities understand the personal stakes at risk then they will actually fight to preserve the reefs. Conserving coral reefs has many economic, social, and ecological benefits, not only for the people who live on these islands, but for people throughout the world as well.

Due to the consequences of the recent financial crisis, the company has observed a significant decline in the investment activities of its clients all over the world. These consequences brought negative impacts to its financial performance.

In this section we look at who are our competitors in the same industry and how can we gain the large portion of the market share and profits. However, if the level of competition becomes too high it can ultimately lead to a decrease in profits. There has been an increase in the amount of competitors on the tourism industry over the last 10 years, with the introduction of online sales and new airlines. For the tourism industry the level of competition can be quite high as

The Economic conditions challenge the hotel to achieve business and profit margins. Due to the economic crisis, it is becoming difficult for the hotel to maintain Ionian Hotel Enterprises S.A. brand as a lesser amount of capital given to run the operation.

The plan will be focused on coral reefs around the coastline of Bora Bora (see appendix 3 for details). At this time, the tourism industry is disrupting the ecosystem based on tourism activities. They are mainly focused on the lagoon. For instance, swimming, walking on coral reef and scuba diving. Gabrie et al. (1994) argued that there are conflicts between locals and tourists activities. For instance,

Langkawi island is internationally famous as holiday destination. However, there are lots of other resorts besides this Island. Thus, the competitions in the tourism industry is quite high. Not only competitors from Malaysia it self like Redang Island, Tioman Island, etc, but also international destination places like Bali in Indonesia, Phuket in Thailand, etc. This four star resort and spa can use their priority services as their competitive advantages and "beat" their competitors simultaneously because each resort will have their loyal customers who are