Random

The purpose of this research is to better understand how people think about sports organizations and paying for their own stadiums or arenas or should the public foot the majority of the bill for the stadium or arena through tax dollars. Also, to help organizations understand how to get proper funding for new stadiums that could possibly be available. This is why more sports clubs choose a form of commercial company as the tax treatment for the business. There are different aspects and opinions that the public has when it comes to paying for stadiums through tax dollars and owners paying for their own stadiums. The databases that were used for this research are: the Texas A&M University- Commerce

Located outside of the beautiful Yellowstone Park is the Grizzly Bear Lodge. Owned by Diane and Rudy Conrad, Grizzly Bear Lodge has 15 rooms that can accommodate up 40 guests with some rooms specially setup for families. It is a seasonal company, which operates from April to November and the busy tourist season starting in May and ending in September. An opportunity has surfaced which will allow Diane and Rudy the ability to expand by purchasing the property next door. The purpose of this paper is to show how now and in the future Grizzly Bear Lodge can ensure guest satisfaction, what budget considerations can be taken for the expansion and how market controls can implement their expansion.

7. Upload your “Concept map” to the Dropbox by the due date provided on the course calendar.

On August 8th, 1988 Wayne Gretzky gave a tearful farewell to Edmonton after being traded to the Los Angeles Kings. The Gretzky trade had effects beyond the two teams. The landscape of the National Hockey League changed in the years following the Gretzky trade. Ten years after the trade Anaheim, Dallas, Phoenix, Miami, San Jose, and Tampa were awarded NHL franchises. The National Hockey League’s southern expansion was partially driven by the attendance increase the Los Angeles Kings experienced after the Gretzky trade. The goal of this essay is to determine what drives attendance in Sun Belt cities. Our study should interest sports economists in academia and National Hockey league executives who make decisions on the league’s product placement. Team attendance is the dependent variable in the model and eleven independent variables were run in two different regressions. The first regression run was a Least Squares regression and the second was a time series regression. The time series regression was necessary to run since the results of the Least Squares regression may have been biased. The time series regression reveled two important conclusions. First, winning a championship had a positive and statistically significant impact on attendance in southern cities. Second, the time series regression illustrated that each city has special characteristics driving attendance that we cannot measure. This essay I will review other research papers on attendance at sporting

Since the beginning of history stadiums have been used as a gathering point for nations and its populace to enjoy events and festivals. Early examples of stadia can be seen through the famous Roman Coliseum in Rome, where gladiators battled for their freedom and the trivial Globe Theatre in London where Shakespeare’s works were performed. In today’s society, stadia have evolved to become massive multi purpose stadiums that have helped to define and identify the culture and ethos of the surrounding community. With societies push to more of an entertainment culture, more and more stadia are being built in order to accommodate the popularity of sports, music, comedy, and drama. This increase in attendance and popularity has caused stadia today to become highly intricate, requiring millions and sometimes billions of dollars to be used in order to create a not only massive, but also safe atmosphere where people can gather to enjoy their chosen spectacle. The innovation of today’s new stadia requires and depends on proper management and operations. This comes in the form of certain characteristics and techniques, which if used properly can help to lead to the overall success of the stadium. In this analysis, I will discuss the essential characteristics for stadia management, as well as compare and contrast two major stadia in today’s world in order to get a better understanding of their practical application.

“People will clearly notice the improvements. I think the new arena will intrigue a lot of people. We have more space, two concourses and more suites,” said Bomotti.

As a result of the effect that it has on the Canadian economy, hockey should be named Canada’s true national sport. Accounting for roughly one-third of the National Hockey Leagues ticket sale revenue, the seven Canadian hockey teams have a much larger market than the 23 American teams. Not including the newly added Winnipeg Jets, the six Canadian teams account for 31% of the $1.2 billion (U.S) sales ticket revenue of the NHL. This means that $341,000,000.00 (U.S) is contributing to the Canadian economy annually. The Toronto Maple Leafs has the largest franchise revenue at an estimated $119,000,000.00. The ticket revenue of the Toronto Maple Leafs is the highest in the NHL at $1.5 million per game. This is an astonishing amount in comparison to the Dallas Stars at $660,000. The construction of sport facilities could cost upwards to over $1 billion (U.S). With this in mind, Canadian hockey facilities (e.g.: the Air Canada Centre in Toronto, Ontario) revenue millions of dollars annually and creates thousands of jobs. Costing $265 million to build, the Air Canada Centre generates revenue of nearly $23 million annually. Additionally, large Canadian sponsors such as Air Canada, Molson Canadian, and Tim Hortons

Written by Cathy A. Enz of Cornell University, David L. Corsun of the University of Denver, and Linda Canina of Cornell University.The case study is adapted from a case written by the authors and published in Case Research Journal. The names of the organization and its members have been disguised at the request of the owners and investors. The affiliation with the Hilton Brand was not altered.

Dave Collins, the H.I.D.’s president made an aggressive goals which including increase the number of hotels by 50 within 10 years. Hence, if the goals proposed by Collins were accepted among the H.I.D management team members, the company will need to build probably 26 or 27 hotels over the next five years in several new locations in order to reach the strategic goals. Besides, the strategic planning that the company need

Our market entry location is the Indian city of Hyderabad. Through an online search we found land for commercial projects in Hyderabad for sale. The price of the location is available upon request, but we believe we will have sufficient funds to purchase the lot and build the infrastructure. Luxury-segment hotels have the highest developmental costs. In an article by TRI Hospitality Consulting in 2006, it states, “ five star city hotel projects…face construction costs today of $275,000 to over $350,000 per room” (Soms).

The past several decades have seen a growing awareness amongst hoteliers and investors regarding the environmental and social impacts of hotel development and operations to the extent where sustainability issues have permeated nearly every aspect of the hospitality industry. This has been driven by multiple factors including owners’ and operators’ desires to reduce operational costs, changing investor attitudes toward the environment (and the coinciding emergence of corporate social responsibility programs), increased regulatory focus on facility operations and

As existed the case in Vancouver Winter Olympics, there is momentous funds expenditure on new and better-quality facilities, which are usually subsidized from the community money, as well as asset by the private sector, such as to offer supplementary hotel accommodations and other tourism-related capability. Also, the building of other community organization may be brought frontward in time; the new main highway road to Whistler and the new light quick transportation system that is sky trains from the airport to downtown Vancouver are cases in topic. Main events also have important operational expenses. Few event forming groups may well be run by helps, but even a uncertain triathlon or communal festival can include road shutting, additional police time, and the leasing of a wide range of services and equipment. This is also the matter of economic growth in as much as it retains businesses functioning and employees engaged. This economic growth also contains important contribution from private sector businesspersons. This could be main global companies that offer ticketing facilities, IT support and security, but it also contains a numerous small businesses offering fast foods and other goods. It can also consist of new relations and contracting with social

It is of paramount importance to note that the hotel might incur all those expenses by employing more stuff but it will also be empowering the social community and providing job opportunities to the community will mean that it will operate in harmony with the locals

Inspiring What’s Next. >> annual report 2014 t’s ha t. W ex N Maxis Berhad Annual Report 2014 We Are Maxis We are the leading communications service provider in Malaysia, enabling both individuals and businesses to connect and communicate anytime and anywhere.

F/B is the second largest revenue for any hotel, Hotel city should have to following division under F/ B to cover