Question
In: Finance
The management of the Mojito Theme hotel estimated that they can generate $180,000 and $190,000 in...
The management of the Mojito Theme hotel estimated that they can generate $180,000 and $190,000 in room revenues in 2011 and 2012, respectively, by using some other forecasting methods. However, the total room revenues were actually $185,000 and $200,000 in 2011 and 2012, respectively. The management team wants to come up with a robust forecasting report and they want to see the forecasting results with exponential smoothing model. Therefore, based on the information given, if the management would like to sell 2,500 rooms in 2012, what is the forecasted average daily rate (ADR) in 2012 based on the exponential smoothing model?
Solutions
jeff jeffy answered 1 year agoRelated Solutions
The upfront cost of the project is $30,000. The company has estimated that it can generate...
The upfront cost of the project is $30,000. The company has
estimated that it can generate cash flows of $10,000 in each of the
next two years, and then a final $20,000 cash flow before the
brewing system has to be replaced. The company plans to depreciate
the system over 3 years with annual straight-line depreciation
expenses of $10,000. As part of its analysis the company plans to
perform a capital budgeting analysis to assess the viability of the
purchase....
Disney offers both hotel rooms and entrance to their theme parks at their resorts.
Disney offers both hotel rooms and entrance to their theme
parks at their resorts. Consider four different market segments
with willingness to pay for rooms and market shares shown in the
table below. Assume a total market size of 5,000 individuals per
day.Segment AmusementPark Lover, Luxury Lover, Conference Devotee, Disney Devotee
Room, $200 $300 $325 $50 Theme Park $150 $50 $5 $200 Market Share
20% 10% 20% 50%a) Scenario A: Consider a Disney price menu with the Hotel Room at...
Lets consider again the willingness to pay for a hotel room and theme park entrance for...
Lets consider again the willingness to pay for a hotel room and
theme park entrance for the four market segments. Also assume as
before a market size of 5,000 individuals per day.
Segment
Room
Theme Park
Market Share
Amusement Park Lover
$200
$150
20%
Luxury Lover
$300
$50
10%
Conference Devotee
$325
$5
20%
Disney Devotee
$50
$200
50%
Which would be the optimal price to maximize revenue for the
Room and Theme Park, without considering the possibility of
bundling?...
JB Co. is planning to invest in a new koala theme park. The investment will generate...
JB Co. is planning to invest in a new koala theme park. The
investment will generate $4.5 million p.a. for 15 years with the
first cash inflow received in one year's time. The required rate of
return for this type of investment is expected to be 6% p.a. for
years 1-9 rising to 11% p.a. for years 10-15. What is the most JB
Co. should pay for this investment now?
JB Co. is planning to invest in a new koala theme park. The investment will generate...
JB Co. is planning to invest in a new koala theme park. The
investment will generate $4.5 million p.a. for 15 years with the
first cash inflow received in one year's time. The required rate of
return for this type of investment is expected to be 6% p.a. for
years 1-9 rising to 11% p.a. for years 10-15. What is the most JB
Co. should pay for this investment now?
PROBLEM In the Hotel management domain, we have the following concepts: Hotel Hotel chain Hotel room ...
PROBLEM
In the Hotel management domain, we have the following
concepts:
Hotel Hotel chain Hotel room
Reservation Hilton Hilton San Diego Bayfront
Meeting room Ballroom Guest Room
Catering Service Internet Service TV
Service
Guest Parking Service Item on
bill
You are asked to design a model, using a UML class diagram to
relate the abovementioned concepts:
Correctly use UML notations for relations such as
generalization, association, aggregation, composition. Be careful
to distinguish objects from classes.
You...
16sb Please show full calculation, TIA! ------- 5 ABC Company estimated that it can generate $42,000...
16sb Please show full calculation, TIA!
-------
5
ABC Company estimated that it can generate $42,000 per year in
additional cash inflows for the next five years if it automates
some of its production equipment at an investment cost of
$150,000.
ABC's discount rate is 10 percent.
Present value factors: Present value of $1 for 5 years @ 10 percent
= 0.6209.
Present value of an annuity of $1 for 5 years @ 10 percent =
3.7908.
Calculate the following:...
On January 1, 2019, Chelsea Company purchased for $180,000 a new machine that has an estimated...
On January 1, 2019, Chelsea Company purchased for $180,000 a new
machine that has an estimated useful life of ten years (or 550,000
stamping operations), after which the expected salvage value is
$10,000.
Under each of the following depreciation methods, calculate the
depreciation expense for 2019.
Please show work :)
Required:
Straight-line depreciation
Double-declining balance depreciation
Units-of-production depreciation, if 66,000 stamping operations
were made in 2019
Applying the ‘Consumer Decision Journey’, discuss how a hotel management can adopt social media in engaging...
Applying the ‘Consumer Decision Journey’, discuss how a hotel
management can adopt social media in engaging with customers
before, during and after their purchase decision.
The lease of Theme Park, Inc., is about to expire. Management must decide whether to renew...
The lease of Theme Park, Inc., is about to expire. Management
must decide whether to renew the lease for another 10 years or to
relocate near the site of a proposed motel. The town planning board
is currently debating the merits of granting approval to the motel.
A consultant has estimated the net present value of Theme Park’s
two alternatives under each state of nature as shown below. Suppose
that the management of Theme Park, Inc., has decided that there...
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