true or false
1) Business travel demand for hotel rooms in an area is 80% and vacation travel demand 20%. Annual compound business travel growth is 7% and vacation travel 10%. Total composite growth rate is 7.6%.
2) The business traveler component of demand for hotel rooms in an area is 80% and has been growing at 7% a year. Composite growth rate is 56%.
In: Accounting
In: Statistics and Probability
You are trying to decide whether to take a vacation. Most of the costs of the vacation (airfare, hotel, and forgone wages) are measured in dollars, but the benefits of the vacation are psychological. How can you compare the benefits to the costs? Compare the airfare and hotel costs of the vacation to the foregone wages. Determine the benefits of what you give up by going on the vacation, and compare them to the benefits of going on the vacation. Get a degree in psychology.
In: Economics
In: Biology
For each of the following policy changes, explaim why
the change is or is not likely to be a Pareto improvement.
a) Building a park, financed by an increase in the local property
tax rate
b) Building a park, financed by the donatiom of a rich
philanthropist
c)Increasing medical facilities for lung cancer, financed out of a
general revenues
d)Increasing medical rate facilities for lung cancer, finances out
of an increase in the cigarette tax
In: Economics
A hotel chain wanted to learn about the level of experience of its general managers. A random sample of 14 general managers was taken, and these managers had a mean of 11.72 years of experience. Suppose that the standard deviation of years of experience for all general managers in the chain is known to be 3.2 years. What is the lower limit of a 95% confidence interval for the mean experience of all general managers in this hotel chain?
In: Statistics and Probability
In regards to modern operating systems If you are asked to design a hotel check-in system that has three steps, what would you like to propose? If you are asked to detail your previous design so that it has five steps, how would you update it and why? If you are asked to propose a hotel check-in system without any limitation in steps, what would it be and why?
In: Computer Science
You are part of a Design and Construct team for a conference centre and 300 bed hotel accommodation in Darwin, Northern Territory. The site is 10 hectares on the oceanfront. The developer wants the project to be environmentally friendly and to minimise energy consumption and water usage while maintaining a luxury hotel feel. List the factors and strategies that you would consider most important in the design of this building, i.e. the design adaptations for the building.
In: Civil Engineering
You are part of a Design and Construct team for a conference centre and 300 bed hotel accommodation in Darwin, Northern Territory. The site is 10 hectares on the oceanfront. The developer wants the project to be environmentally friendly and to minimise energy consumption and water usage while maintaining a luxury hotel feel. List the factors and strategies that you would consider most important in the design of this building, i.e. the design adaptations for the building.
In: Civil Engineering
Serial Case
This case is a continuation of the Caesars Entertainment Corporation serial case that began in Chapter 1. Refer to the introductory story in Chapter 1, here for additional background. (The components of the Caesars serial case can be completed in any order.)
Caesar Entertainment Corporation’s Form 10-K contains a variety of data in addition to financial statements. Below is a list that contains Caesars’ food and beverage costs (adapted) taken from its Statements of Operations for the past 22 years. In addition, the number of hotel rooms and suites owned by Caesars at the end of each of those 22 years has been gathered from other information provided in the Form 10-Ks.
|
Year ended |
Food and beverage costs |
# of hotel rooms & suites |
|
12/31/2014 |
$ 694,000,000 |
39,218 |
|
12/31/2013 |
$ 639,000,000 |
42,200 |
|
12/31/2012 |
$ 634,000,000 |
42,710 |
|
12/31/2011 |
$ 665,700,000 |
42,890 |
|
12/31/2010 |
$ 621,300,000 |
42,010 |
|
12/31/2009 |
$ 596,000,000 |
41,830 |
|
12/31/2008 |
$ 639,500,000 |
39,170 |
|
12/31/2007 |
$ 716,500,000 |
38,130 |
|
12/31/2006 |
$ 697,600,000 |
38,060 |
|
12/31/2005 |
$ 482,300,000 |
43,060 |
|
12/31/2004 |
$ 278,100,000 |
17,220 |
|
12/31/2003 |
$ 255,200,000 |
14,780 |
|
12/31/2002 |
$ 240,600,000 |
14,551 |
|
12/31/2001 |
$ 232,400,000 |
13,598 |
|
12/31/2000 |
$ 228,000,000 |
11,562 |
|
12/31/1999 |
$ 218,600,000 |
11,760 |
|
12/31/1998 |
$ 116,600,000 |
11,685 |
|
12/31/1997 |
$ 103,600,000 |
8,197 |
|
12/31/1996 |
$ 95,900,000 |
6,478 |
|
12/31/1995 |
$ 91,500,000 |
5,736 |
|
12/31/1994 |
$ 82,800,000 |
5,367 |
|
12/31/1993 |
$ 76,500,000 |
5,348 |
|
Caesars Entertainment Corporation Selected data from Form 10-K (adapted) |
||
Requirements (use excel)
In: Accounting