HFR603BM Hotel Finance and Revenue

HFR603BM Assignment Help

Hotel Finance and Revenue Assignment help

Assessment – Report

Context
Using the information from the data sets below, write a 1,000-word report that includes:
A. An analysis of the percent change in Occupancy, ADR and RevPAR against last year data.
B. An evaluation of the hotel’s performance against its competitors using Occupancy, ADR and RevPAR as points of comparison.

Do not write recommendations.

Instructions
Bruce is the General Manager at the Blue Star Hotel and has to prepare for the quarterly meeting with the owners to discuss the hotel’s operations, status and overall performance of the business thus far. This year, the market has been particularly difficult as it has seen a growth of supply with three new hotels opening within the competitive radius of the Blue Star Hotel, and a reduction of a large travel market due to restrictions on visas in the last 6 months.

As the Revenue Analyst for the property, Bruce has tasked you with writing a report on the revenue performance of the hotel in the market this year. Your colleague has gathered the following data sets:

STR Report – June 2022

Submission Instructions

As notified by the Academic Services Officer.

Referencing
It is essential that you use appropriate APA style for citing and referencing research. Please see more information on referencing in the Academic Skills webpage.

Academic Integrity
All students are responsible for ensuring that all work submitted is their own and is appropriately referenced and academically written according to the Academic Writing Guide. Students also need to have read and be aware of Torrens University Australia Academic Integrity Policy and Procedure and subsequent penalties for academic misconduct. These are viewable online.
Students also must keep a copy of all submitted material and any assessment drafts.

Special Consideration
To apply for special consideration for a modification to an assessment or exam due to unexpected or extenuating circumstances, please consult the Assessment Policy for Higher Education Coursework and ELICOS and, if applicable to your circumstance, submit a completed Application for Assessment Special Consideration Form to your Learning Facilitator.