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As an HR director of 5 starts hotel, what can you do to create employee engagement during this COVID-19 for:

Your work from home (WFH) employee, your unpaid employees and your active working employees.

Define each of the following resources.

7.1. Central park:

7.2. I-95 interstate thruway from Maine to Florida:

7.3. Fish in a stream in NY State:

7.4. US Navy medical hospital supply ship now docked in NYC:

7.5. Zoom:

The following facts are known:

Cost of the expansion $2,000,000

The Manager is paid $90,000 per year. Compensation will not change due to the expansion

Property taxes will increase by $33,000 annually

The expansion will add 10 rooms and it is expected all 10 will be occupied by paying guests

The addition of the 10 guests each day is expected to add $750,000 of revenue annually

A garden and patio that was built last summer at a cost of $65,000 will be removed to make way for the expansion.

Additional cost of staff based on 10 occupied rooms is $250,000 annually

Additional cost of supplies and food based on 10 occupied rooms $80,000 annually

All expenses are expected to increase 3% annually. Due to competition revenue is expected to increase only 2% annually.

The useful life of the expansion is 8 years. Bradford uses a 9% discount rate.

Create an 8 year proforma cash flow statement for the expansion project (assume there are no income taxes)

LaVilla is a village in the Italian Alps. Given its enormous popularity among Swiss, German, Austrian, and Italian skiers, all of its beds are always booked in the winter season and there are, on average, 1,200 skiers in the village. On average, skiers stay in LaVilla for 10 days.

A. How many new skiers are arriving – on average – in LaVilla every day?

B. A study done by the largest hotel in the village has shown that skiers spend on average $50 per person on the first day and $30 per person on each additional day in local restaurants. The study also forecasts that – due to increased hotel prices – the average length of stay for the 2014/2015 season will be reduced to five days. What will be the percentage change in revenues of local restaurants compared to last year (when skiers still stayed for 10 days)? Assume that hotels continue to be fully booked!

4. As the manager of a local hotel chain, you have hired an econometrician to estimate the demand for one of your hotels (H). The estimation has resulted in the following demand function:

QH = 3,000 – PH – 1.8PC – 2.5PSE + 2.4POH + .01M, where,

PH is the price of a room at your hotel, PC is the price of concerts in your area,

PSE is the price of sporting events in your area,

POH is the average room price at other hotels in your area, M is the average income in the United States.

What would be the impact on your firm of each following scenarios?

(all answers should indicate the precise increase or decrease in the number of rooms rented)

1. A $4,000 increase in income?
2. A $30 reduction in the price charged by other hotels?
3. A $40 increase in the price of tickets to local sporting events?
4. A $25 increase in the price of concert tickets, accompanied by a $500 decrease in income?

A travel analyst claims that the mean room rates at a three-star hotel in Chicago is greater than $152. In a random sample of 36 three-star hotel rooms in Chicago, the mean room rate is $160 with a population standard deviation of $41. At α=0.10, what type of test is this and can you support the analyst’s claim using the p-value? Claim is the alternative, reject the null as p-value (0.121) is not less than alpha (0.10), and can support the claim Claim is the null, fail to reject the null as p-value (0.121) is not less than alpha (0.10), and cannot support the claim Claim is the null, reject the null as p-value (0.121) is not less than alpha (0.10), and cannot support the claim Claim is the alternative, fail to reject the null as p-value (0.121) is not less than alpha (0.10), and cannot support the claim

A major cab company in Chicago has computed its mean fare from O'Hare Airport to the Drake Hotel to be $25.89, with a standard deviation of $3.10. Based on this information, complete the following statements about the distribution of the company's fares from O'Hare Airport to the Drake Hotel.

(a) According to Chebyshev's theorem, at least ?56%75%84%89% of the fares lie between 19.69 dollars and 32.09 dollars.

(b) According to Chebyshev's theorem, at least 8/9 (about 89%) of the fares lie between dollars and dollars. (Round your answer to 2 decimal places.)

(c) Suppose that the distribution is bell-shaped. According to the empirical rule, approximately 68% of the fares lie between dollars and dollars.

(d) Suppose that the distribution is bell-shaped. According to the empirical rule, approximately ?68%75%95%99.7% of the fares lie between 19.69 dollars and 32.09 dollars.

1. A currency swap specifies the exchange of currencies at periodic intervals and may allow the MNC to have cash outflows in the same currency in which it receives most or all of its revenue.

In a comparison of two alternative loans with different debt denominations for the foreign subsidiary we see the following: The Global Hotel Company’s Belizean subsidiary obtains a BZ$40 million loan at an annualized interest rate of 5.5% or arranges a loan of US$20 million with a 4% interest rate.

Calculate the amount repaid in both Belizean dollars and US dollars in interest and principal and determine which is a better borrowing plan for the Global Hotel Belizean subsidiary.

As a young entrepreneur, you are planning to open a budget hotel with a start-up capital of RM 350,000. The hotel will have single-bed rooms with an expected rate of RM 90 per room. An average room occupancy rate is about 250 per month. Annual operating expenses for which cover administration, utility and maintenance costs are about RM 80,000. The cash flows will be expected to remain unchanged for the next 10 years. It is expected that the before-tax minimum attractive rate of return (MARR) is 15% per year.

(i) What is the required average room occupancy rate per month to just breakeven?   

(ii) What is the new required average room occupancy rate per month to just breakeven, if the annual operating expenses increase by RM 7,500 each year starting from year 2? Assume other factors remain unchanged.