Questions
Section A (25 marks) – Hotel Business in Hong Kong Question A1 Answer the below short...

Section A – Hotel Business in Hong Kong Question A1 Answer the below short questions (a) to (i) according to A Statistical Review of Hong Kong Tourism 2018, published by Hong Kong Tourism Board in June 2019.

a) What is the total number of visitor arrival to Hong Kong upon 2018? How many visitors stayed overnight?

b) Identify Hong Kong’s top THREE source markets of visitors’ arrival to Hong Kong in 2018.

c) Which month contained the highest visitor arrivals number in 2018?

d) Briefly describe the hotel performance in 2018.

e) Which hotel category noted a highest gain percentage in room occupancy compare with 2017?

f) State TWO districts which recorded the highest room occupancy rate in Hong Kong.

g) In 2017, which department in the hotel earn the second highest revenue and what is the total percentage.

h) Refer to the hotel room occupancy rate and average achieved hotel room rate in 2018, illustrate TWO indicators or messages reflected from those figures.

i) The percentage distribution of visitor arrivals by months 2018 were quite steady along the year, the range of percentage starting from 7.2% to 10.1%. If you were the manager of a hotel, try to briefly explain the reasons behind of the distributions. (For example: What is/are the factor(s) may affect the percentage of arrival on Dec 2018.)

In: Operations Management

The health of the bear population in Yellowstone National Park is monitored by periodic measurements taken...

The health of the bear population in Yellowstone National Park is monitored by periodic measurements taken from anesthetized bears. A sample of 38 bears has a mean weight of 189.6 lb.

At α = .05, can it be concluded that the average weight of a bear in Yellowstone National Park is different from 187 lb? Note that the standard deviation of the weight of a bear is known to be 8.2 lb.

(a) Find the value of the test statistic for the above hypothesis.
(b) Find the critical value.
(c) Find the p-value.
(d) What is the correct way to draw a conclusion regarding the above hypothesis test?
(A) If the answer in (b) is greater than the answer in (c) then we cannot conclude at the 5% significance
level that the average weight of a bear in Yellowstone National Park is different from 187 lb.
(B) If the answer in (b) is greater than the answer in (c) then we conclude at the 5% significance
level that the average weight of a bear in Yellowstone National Park is different from 187 lb.
(C) If the answer in (a) is greater than the answer in (b) then we conclude at the 5% significance
level that the average weight of a bear in Yellowstone National Park is different from 187 lb.
(D) If the answer in (a) is greater than the answer in (c) then we conclude at the 5% significance
level that the average weight of a bear in Yellowstone National Park is different from 187 lb.
(E) If the answer in (c) is less than 0.05 then we cannot conclude at the 5% significance
level that the average weight of a bear in Yellowstone National Park is different from 187 lb.
(F) If the answer in (c) is greater than 0.05 then we conclude at the 5% significance
level that the average weight of a bear in Yellowstone National Park is different from 187 lb.
(G) If the answer in (a) is greater than the answer in (b) then we cannot conclude at the 5% significance
level that the average weight of a bear in Yellowstone National Park is different from 187 lb.
(H) If the answer in (a) is greater than the answer in (c) then we cannot conclude at the 5% significance
level that the average weight of a bear in Yellowstone National Park is different from 187 lb.

In: Math

The health of the bear population in Yellowstone National Park is monitored by periodic measurements taken...

The health of the bear population in Yellowstone National Park is monitored by periodic measurements taken from anesthetized bears. A sample of 38 bears has a mean weight of 188.2 lb.

At α = .01, can it be concluded that the average weight of a bear in Yellowstone National Park is different from 187 lb? Note that the standard deviation of the weight of a bear is known to be 8.2 lb.
(a) Find the value of the test statistic for the above hypothesis.
(b) Find the critical value.
(c) Find the p-value.
(d) What is the correct way to draw a conclusion regarding the above hypothesis test?

(A) If the answer in (c) is greater than 0.01 then we conclude at the 1% significance
level that the average weight of a bear in Yellowstone National Park is different from 187 lb.

(B) If the answer in (c) is less than 0.01 then we cannot conclude at the 1% significance
level that the average weight of a bear in Yellowstone National Park is different from 187 lb.

(C) If the answer in (a) is greater than the answer in (b) then we cannot conclude at the 1% significance
level that the average weight of a bear in Yellowstone National Park is different from 187 lb.

(D) If the answer in (c) is less than 0.01 then we conclude at the 1% significance
level that the average weight of a bear in Yellowstone National Park is different from 187 lb.

(E) If the answer in (a) is greater than the answer in (c) then we cannot conclude at the 1% significance
level that the average weight of a bear in Yellowstone National Park is different from 187 lb.

(F) If the answer in (b) is greater than the answer in (c) then we cannot conclude at the 1% significance
level that the average weight of a bear in Yellowstone National Park is different from 187 lb.

(G) If the answer in (a) is greater than the answer in (c) then we conclude at the 1% significance
level that the average weight of a bear in Yellowstone National Park is different from 187 lb.

(H) If the answer in (b) is greater than the answer in (c) then we conclude at the 1% significance
level that the average weight of a bear in Yellowstone National Park is different from 187 lb.

In: Math

Suppose that oil fouls the beaches along the Florida panhandle. Vacationers are the primary customers of...

Suppose that oil fouls the beaches along the Florida panhandle. Vacationers are the primary customers of the hotels along the panhandle. The oil _____ the price of a hotel room and _____ the quantity of hotel rooms rented

In: Economics

How is the concept of resort hotel different from other types of hotels? From a manager’s...

How is the concept of resort hotel different from other types of hotels? From a manager’s perspective, how is managing a resort hotel different from running other properties?

In: Operations Management

What determines the obligations owed to a hotel when a person or organization with a hotel...

What determines the obligations owed to a hotel when a person or organization with a hotel reservation cancels the reservation?

Draft a 250 - 300 word discussion explaining the your answer in detail.

In: Operations Management

As a concerned employee of 'Delexis Hotel', Sunyani, write a letter to the General Manager informing...

As a concerned employee of 'Delexis Hotel', Sunyani, write a letter to the General Manager informing him of four (4) inherent challenges inhibiting the success of interpersonal communications within the hotel.

In: Operations Management

What are the knowledge important for hotel business (Customer, supplier, administrator)(Small hotels like darwin city hotel)?...

What are the knowledge important for hotel business (Customer, supplier, administrator)(Small hotels like darwin city hotel)? How they use these knowledge? Develop a KMS framework for the business

In: Finance

In the US, airlines and hotel companies use different types of generic strategies. What types of...

In the US, airlines and hotel companies use different types of generic strategies. What types of generic strategies do airlines and hotel companies use, and why? (Short Essay)

In: Operations Management

Discuss two possible limitation factors to consider in preparing a budget for a hotel or restaurant....

Discuss two possible limitation factors to consider in preparing a budget for a hotel or restaurant.
Explain:
1. Why they are potential limitation factors.
2. Based on your limitation factors, explain how quality, cost, and price could help to maximize your budget profit.

Please provide one example.

In: Accounting