mistakenly pass some lodging projects that can generate positive NPV. iv. What is the cost of capital for Marriott’s three divisions? ■Lodging -Hotel- | βE | D/D+E | E/D+E | βA | Hilton Hotels Corporation | 0.88 | 14% | 86% | 0.76 | Holiday Corporation | 1.46 | 79% | 21% | 0.31 | La Quinta Motor Inns | 0.38 | 69% | 31% | 0.12 | Ramada Inns | 0.95 | 65% | 35% | 0.33 | Value-weighted mean | | | | 0.41 | rAL=8.95+0.41*7.43=11.97% ■Restaurants | | | | | -Restaurant-
Words: 478 - Pages: 2
Hotel Continental In July 1989, Mr. Oscar Mendoza, owner of Triumph Tours read in the newspapers an advertisement for the leasing of Hotel Continental’s facilities. During the last six months, Oscar Mendoza has been seriously thinking about operating hotel to complement his travel agency business. Oscar Mendoza had been experiencing difficulties in getting hotel accommodation for his tour groups’ last year during the peak travel months of December, January, July and August. Hotel
Words: 974 - Pages: 4
discuss the Pricing & Distribution Channels of Baker’s Bed & Breakfast Inn. Unlike cookie cutter hotels, Bed & Breakfast Inns are unique and they provide there own characteristics, setting, and ambiance. At Baker’s Bed & Breakfast Inn we cater to our guest tastes and needs. Pricing Strategy: Owning and operating a Bed & Breakfast can provide both financial and personal rewards. In the United States Bed & Breakfast Inns are making a comeback, serving travelers who want a special personal home-like
Words: 945 - Pages: 4
questions Case Analysis: Please respond to the questions at the end of the case titled, “Sweetest Dreams Inn”, page 655 of your text. You can provide any other remarks you wish since your points will be determined in large part by the comprehensiveness of your analysis (Breadth, Depth, and Application). Points = 15 Evaluate Mai Phan’s present strategy: Mai Phan is a current owner on Sweetest Dreams Inn which he bought two years ago, after leaving a successful career as a production manager for a large
Words: 784 - Pages: 4
Strategy II: Strategic Transformation Team Vancouver Order of files: Filename | Pages | Comments and/or Instructions | MBUS 804 – Team Assignment | 18+ Cover Page | | Additional Comments: STRATEGIC BUSINESS PLAN for SANDRINGHAM INNS for the Period January 2010 to December 20xx ____________________________________________________________ _________________________ TABLE OF CONTENTS Executive Summary Section Page 1. Statement of Vision, Mission and Objectives
Words: 3943 - Pages: 16
U.S. hotel industry in early 2005? In 2004, the hotel industry in the U.S. had $113.7 billion in revenue and $16.7 billion in pretax profit. As of the end of that year, the U.S. had approximately 4.4 million hotel rooms, two-thirds of which were affiliated with a brand (the remaining one-third were owned independently and not affiliated with a brand). The hotel industry in the U.S. is very fragmented; no one company or brand controls a majority of the hotel rooms. Overall, hotels compete
Words: 2501 - Pages: 11
12/29/2014 Remembering Tsunami 2004: Phuket bounces back from disaster Asia | The Star Online Remembering Tsunami 2004: Phuket bounces back from disaster by stephen fein Just as popular: The Phi Phi Islands were badly devastated by the tsunami waves but recovered very quickly. Koh Phi Phi is pictured above, 10 years on. — Phuket Gazette/The Nation Tourism industry insiders who have monitored trends in the Phuket tourism industry over the past 10 years describe the recovery after th
Words: 1719 - Pages: 7
The European Hotel Specialist! English Euro (EUR) Travel Videos | Travel News | My Booking | Customer Service Home United Kingdom London Tommy Miahs Raj Hotel Tommy Miahs Raj Hotel 366 Essex Road, N1 3PD LondonPhotos Location. Tommy Miahs Raj Hotel is located in London, close to Geffrye Museum, St. Paul's Cathedral, and Tower of London. Nearby points of interest also include Trafalgar Square and Emirates Stadium. Hotel Features. Tommy Miahs Raj Hotel's restaurant serves
Words: 1287 - Pages: 6
1 Marriott Corporation: Cost of Capital Analysis In this paper, I shall attempt to determine the optimal cost of capital for Marriott Corporation using the WACC method and compare it against the cost of capital of a division with the firm to determine the implications of using a “firm wide” cost of capital Cost of Capital for the firm Based on the data given in the case, the beta equity for Marriott Corporation is currently set at 1.11. However, given the changes in the debt component in Marriott’s
Words: 670 - Pages: 3
not regret it. Every year, the region reports a tremendous number of tourists who visit the area especially during the holidays. The warm coastal climate makes it favorable for many whites who have winter in their country. Vacation for them is well spent in such a nice and relaxing climate. As the tourist come, they bring along changes to the city. Many are the changes indeed and they come as positive and negative .We shall first start looking at the positive ones. One of the ways in which
Words: 2807 - Pages: 12
