ASSESSMENT 1 – INDIVIDUAL ASSIGNMENT
Student Name: Arjun Bhardwaj (100509200)
Course Name: Bachelor of Hospitality Management
Course Code: BHM11
Subject Name: Hospitality and Yield Management
Subject Code: BHM208
Assignment title/Item: Yield Management Case Analysis and Report / Individual Assignment
Word Count Limit: 2,000
Weighting: 25%
Semester/Trimester: Semester 2, 2015
Lecturer/Tutor: Peter Moran
Due date: Week 5,
I certify that the assignment made is an original work produced by me with correct references and citations.
Table of Contents
Page no 1 - Executive summary, Introduction and description of business and competitors
Page no 2 - Business facilities and
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The basic concept of yield management in the hotel industry is that during periods of high demand for the hotel rooms the prices are set at the highest rate so as to maximise revenue; and the times of lower demand the rate are set so as to encourage occupancy (Jeremy R. Huyton & Sarah Thomas 2012 P 256).
Description of the Business and competitors:
Ramada Encore is a 3 star hotel property located in Dandenong suburb of Victoria opposite busy shopping centre called Dandenong plaza and has a unique blend of contemporary design and exceptional hospitality.
Ramada Encore prides itself on setting new standards, providing our guests complimentary secure undercover parking, in-room Internet access and wireless high speed connectivity to all public areas, and in-room tea and coffee making facilities. . The design is fresh, stylish, vibrant and upbeat, offering 108 comfortable guest rooms suited to the corporate and leisure traveller. (Ramada encore, 2015).
Facilities:
Café & Bar, 24-hour reception and business centre with Wireless internet access throughout the ground floor hub.
Onsite Gymnasium equipped with bikes, treadmill and weights and Conference facilities for 5 to 120 people with Complimentary secure on-site undercover car parking
Airport bus drop-off and pick-up facilities
Express check out and laundry facilities
Wheelchair accessible reception and rooms
Non-smoking disabled rooms
Offering all day dining, the Coffee Bar
Renaissance Hotels and Resorts: Target market: Quality-tier full-service brand providing guests with the ambiance of
Certification of Authorship: I certify that I am the author of this paper and that any assistance I received in its preparation is fully acknowledged and disclosed in the paper. I have also cited any sources from which I used data, ideas, or words, either quoted directly or paraphrased. I also certify that this paper was prepared by me specifically for the purpose of this assignment.
CERTIFICATE OF ORIGINALITY: I certify that the attached paper is my original work and has not previously been submitted by me or anyone else for any class. I further declare I have cited all sources from which I used language, ideas, and information, whether quoted verbatim or paraphrased, and that any assistance of any kind, which I received while producing this paper, has been acknowledged in the References section. I have obtained written permission from the copyright holder for any trademarked material, logos, or images from the Internet or other sources. I further agree that my name typed on the line
Certification of Authorship: I certify that I am the author of this paper and that any assistance I received in its preparation is fully acknowledged and disclosed in the paper. I have also cited any sources from which I used data, ideas, words, either quoted directly or paraphrased. I also certify that this paper was prepared by me especially for this course.
Certification of Authorship: I certify that I am the author of this paper and that any assistance I received in its preparation is fully acknowledged and disclosed in the paper. I have also cited any sources from which I used data, ideas, or words, either quoted directly or paraphrased. I also certify that this paper was prepared by me specifically for the purpose of this assignment.
Certification of Authorship: I certify that I am the author of this paper and that any assistance I received in its preparation is fully acknowledged and disclosed in the paper. I have also cited any sources from which I used data, ideas, or words, either quoted directly or paraphrased. I also certify that this paper was prepared by me specifically for the purpose of this assignment.
CERTIFICATION OF AUTHORSHIP: I certify that I am the author of this paper and that any assistance I received in its preparation is fully acknowledged and disclosed in the paper. I have also cited any sources from which I used data, ideas or words, either quoted directly or paraphrased. I also certify that this paper was prepared by me
Certification of Authorship: I certify that I am the author of this paper and that any assistance I received in its preparation is fully acknowledged and disclosed in the paper. I also have cited any sources from which I used data, ideas, or words, either quoted directly or paraphrased. I certify that
CERTIFICATION OF AUTHORSHIP: I certify that I am the author of this paper and that any assistance I received in its preparation is fully acknowledged and disclosed in the paper. I have also cited any sources from which I used data, ideas or words, either quoted directly or paraphrased. I also certify that this paper was prepared by me specifically for this course.
CERTIFICATION OF AUTHORSHIP: I certify that I am the author of this paper and that any assistance I received in its preparation is fully acknowledge and disclosed in the paper. I have also cited any sources from which I used data, ideas of words, whether quoted directly or paraphrased. I also certify that this paper was prepared by me specifically for this course.
I certify that I am the author of this work and that any assistance I received
The Hotel is situated in the bustling East Cork market town of Midleton, located just 14 miles (15 mins drive)
Nowadays trends are everywhere. You can find them in every industry and they play a huge role. The retro trend in clothing, the SUV trend in the car industry, but nowhere else are trends more important than in the hospitality industry. But what exactly is a trend? A trend describes usually the time measurable course of a development into a certain quantitative and/or qualitative direction. In economics, trends are changes of the behavior of the society. In marketing research this describes the change and development of the consumerism and consumption behavior.
3. Average rate per guest – An occupancy ratio derived by dividing net rooms revenue by the number of guests
Avari Lahore Ramada Renaissance Hotel, a hotel reflecting the traditional hospitality of Lahore combined with five star standards. It was situated down the beautiful tree-lined Shahrah-e-Quid-e-Azam overlooking the zoological Gardens and conveniently adjacent to the Provincial Assembly and commercial zones of Lahore.