Low Cost Hotel Essays and Term Papers
Last update: July 4, 2014-
Hilton Hotels - Case Study
In an attempt to become a more aggressive business operation, Hilton Hotels decided to change its strategic direction by venturing into the gaming industry. With this strategy came not only new opportunities but also large elements of risks and competition. In 1994 the growth in the gaming segment declined with gaming operating income down by 7% from 1993. The Hilton Hotels however had a 3% increase in occupancy from 1993. In view of this, it
Rating:Essay Length: 987 Words / 4 PagesSubmitted: December 16, 2009 -
Health Care Cost Accounting
Health Care Cost Accounting A capitation payment arrangement can be an effective means to control healthcare costs because it allows both the insurer and the employer to predict costs for healthcare services more accurately. When a capitation payment method is used, the financial risk of caring for the patient is transferred to the medical delivery system. If the healthcare delivery system does not have a cost accounting system or the ability to develop cost information
Rating:Essay Length: 1,021 Words / 5 PagesSubmitted: December 17, 2009 -
Low Savings
Americans on average, save less than 1% of their after-tax income today compared with 7% at the beginning of the 1990s. U.S. citizens are saving less because, of the higher cost of housing and interest rates. Many homeowners believe that rising real estate values give them the necessary savings they would otherwise have set aside. The housing boom, like the stock market boom before it, allowed Americans to save without having to reduce consumption. As
Rating:Essay Length: 353 Words / 2 PagesSubmitted: December 17, 2009 -
Human Exploration: Do the Benefits Outweigh the Costs?
Human Exploration: Do the Benefits Outweigh the Costs? With all the recent success of NASA’s unmanned missions, many people are beginning to wonder if human’s presence in space, particularly on Mars, is worth the extra costs and risks associated with it. After all, the rovers and data collectors we already have on various planets are doing a good job, and at a fraction of the price it would cost us to send a human
Rating:Essay Length: 390 Words / 2 PagesSubmitted: December 18, 2009 -
Our Privacy Is in Danger, and It Costs You Money!
Protecting your personal information, both on your personal computer and in other places such as your bank or your job, has become more difficult with the massive growth of the internet and the expertise of some unsavory characters called hackers, crackers or phreakers. Whatever they choose to call themselves, they are theives, plain and simple. Some people still question whether or not hacking should be illegal. I think it's obvious that what hackers do is
Rating:Essay Length: 1,150 Words / 5 PagesSubmitted: December 18, 2009 -
Changes in Cost and Efficiency
Changes in cost and efficiency The situation today in the airline industry is basically a price/cost war. Companies are battling to cut and keep their operating cost low in order to remain competitive in an industry that is strongly driven by price. The principal cost factors that drive the industry are labor and fuel. In terms of labor Neeleman, Jetblue’s CEO, said that “The biggest problem in the industry isn’t pay, its work rules”. Labor
Rating:Essay Length: 368 Words / 2 PagesSubmitted: December 19, 2009 -
Mba 503 Cost Accounting
Introduction: What would happen if your Human Resource Department had no idea what budget terminology or concepts were? Would that department be effective in their decision making and forecast projections? The HR Department must be well versed in these areas. This paper will explore different terminology and breakdown what each means along with giving specific examples of each. This will help the HR Department to become a more efficient machine for the corporation. Terms included
Rating:Essay Length: 779 Words / 4 PagesSubmitted: December 22, 2009 -
Cost Estimating
Project managers must take cost estimates seriously if they want to complete software projects within budget constraints. After developing a good resource requirements list, project managers and their software development teams must develop several estimates of the costs for these resources. There are several different tools and techniques available for accomplishing good cost estimation. Software development project managers should prepare several types of cost estimates for most projects. Three basic types of estimates include a
Rating:Essay Length: 1,492 Words / 6 PagesSubmitted: December 24, 2009 -
Health Care Costs Analysis
Health Care Costs Analysis Healthcare is expensive and Americans want the best possible healthcare they can get. Consumers are demanding more tests, better drugs and insurance coverage. Americans desire a high quality of life and insurers/employers are trying to provide the means, but cost effectively and without raising costs. In order to do this, "consumers will have to make more decisions, pay more and perhaps demand greater value" (Barr, Paul). "The common forces driving utilization
Rating:Essay Length: 251 Words / 2 PagesSubmitted: December 25, 2009 -
Issue Paper: Need for Production of Ultra Low Sulfur Diesel Fuel at Citgo
Issue Paper: Need for Production of Ultra Low Sulfur Diesel (ULSD) Fuel at CITGO Introduction The U.S. Environmental Protection Agency (EPA) has issued new standards regarding diesel fuel to improve air quality. The petroleum industry must start producing Ultra Low Sulfur Diesel (ULSD) fuel in order to meet these standards. ULSD is a cleaner burning diesel fuel than others, comprising of a maximum of 15 parts-per-million (ppm) sulfur. Most of the highway diesel fuel created
Rating:Essay Length: 2,336 Words / 10 PagesSubmitted: December 27, 2009 -
Cost Accounting Standards Board
The importance of cost accounting plays a major role in our society, setting retail prices for merchandise and goods used by the consumer. Billions of dollars are spent each year on goods and services that the average consumer may rely heavily upon, so it is only in good moral standing to regulate and restrict the amount paid for such materials. In many countries including the United States the levels of income very from person
Rating:Essay Length: 1,311 Words / 6 PagesSubmitted: December 27, 2009 -
Evaluation of the Cost Estimating Process
EVALUATION OF THE COST ESTIMATING PROCESS AT WHITE SANDS MISSILE RANGE Technical Advisor Francisco S. Reyes White Sands Test Center Budget Office Prepared by Andres Ruvalcaba Materiel Test Directorate Tactical Missiles Branch December 2, 2004 EVALUATION OF THE COST ESTIMATING PROCESS AT WHITE SANDS MISSILE RANGE Andres Ruvalcaba 1. EXECUTIVE SUMMARY Currently, White Sands Missile Range cost estimates account for the majority of the labor, material, contracts, and equipment costs. Thus, on the basis
Rating:Essay Length: 1,266 Words / 6 PagesSubmitted: December 28, 2009 -
Social Costs of Policies That Result in “derby Fishing
Social Costs of policies that result in “derby fishing” The fishing fleets of the world have depleted and are still depleting the fish stocks on the globe. In the last 10 years the world’s fish population has been exploited to the point of near exhaustion. This devastating development has not only an impact on the fish stocks themselves, but also spills over to related areas. Studies have shown so far, that this development could change,
Rating:Essay Length: 367 Words / 2 PagesSubmitted: December 30, 2009 -
Healthcare Information Technology: Effects on Cost Access and Quality
It is not unreasonable for a patient to expect particular services from their healthcare providers. What services should be considered reasonable and which fall under the context of unreasonable? Should the specialist, your family physician referred you to, have access to your past medical history? What happens when you are traveling and have to make a trip to the emergency room, will your physician at home get all the information from that visit or will
Rating:Essay Length: 1,986 Words / 8 PagesSubmitted: December 31, 2009 -
Poverty Vs. Low Birth Weights
Abstract There exist some evidence that poverty can result in low birth weight in newborn infants. On Prince Edward Island, low birth weights are currently the lowest as compared to the national average according to Statistics Canada. However, the link that exist between poverty and low birth weights leaves unanswered questions as to what can be done to reduce these low birth weights in newborn infants. The effect of Poverty on Low Birth Weight in
Rating:Essay Length: 997 Words / 4 PagesSubmitted: January 1, 2010 -
Theory of Absolute Cost Advantage
Theory of Absolute Cost Advantage MERCANTILISTS’ VERSION Mercantilism stretched over nearly three centuries, ending in the last quarter of the eighteenth century. It was the period when the nation-states were consolidating in Europe. For the purpose of consolidation, they required gold that could best be accumulated through trade surplus. In order to achieved trade surplus, their governments monopolized trade activities, provided subsidies and other incentives for export, and restricted imports. Since most European countries were
Rating:Essay Length: 4,669 Words / 19 PagesSubmitted: January 3, 2010 -
The Ultimate Cost
Why do so many people in the United States smoke cigarettes? Maybe its because they think it cool to smoke, but what is so cool about smelling bad, having yellow teeth, a constant cough, and health issues? In the U.S. alone more than 400,000 people die a year from a smoke related illness whether its lung cancer, or heart complications. Cigarettes contain the following chemical compounds that are dangerous to your health: Nicotine, which is
Rating:Essay Length: 613 Words / 3 PagesSubmitted: January 4, 2010 -
Marriott: Cost of Capital
Marriott Case Marriott Corporation, an American firm, has 3 major lines of business: lodging, contract service and restaurants. Its growth objective is to remain a premier growth company. The four components of its financial strategy are consistent with this growth objective for the reasons: Manage rather than own hotel assets: Marriott sold its hotel assets to limited partners to reduce assets and thus, it can increase ROA and thereby increase potential profitability. Invest in projects
Rating:Essay Length: 719 Words / 3 PagesSubmitted: January 4, 2010 -
The Portman Hotel Company
The Portman Hotel Company is facing some serious issues after its first year of operations: The personal valet’s (PV’s) morale is down. 50% quit their job since the hotel opened. Many PVs are not performing up to expectancy. The guests are starting to see mistakes. This gives rise to ask what the causes for the problems Portman is experiencing are. I see the job design as the main cause for the unsatisfactory performance of the
Rating:Essay Length: 908 Words / 4 PagesSubmitted: January 4, 2010 -
Sweatshop Side Effect: The Cost of Outsourcing
Sweatshop Side Effect: The Cost of Outsourcing Kenneth G. Mobley Western International University COM 110 Effective Persuasive Writing LD35 Benny Lane May 15, 2006 Sweatshop Side Effect: The Cost of Outsourcing The moral, ethical and economic debate surrounding sweatshop labor has raged for decades. When the average person hears the word sweatshop, an image of oppression and exploitation almost invariably comes to mind comes to mind. The growing popularity of outsourcing manufacturing and blue-collar jobs
Rating:Essay Length: 1,397 Words / 6 PagesSubmitted: January 5, 2010 -
Economic Analysis of the Hotel Industry
Economic Analysis of the United States Hotel Industry Background Information Our team chose the hotel industry in the United States for our economic analysis. The hotel business has existed since the earliest times, and has influenced the development of the economy since the founding of this country. According to the American Hotel and Lodging Association, in the year 1900, there were fewer than 10,000 hotels in the US which provided 0,000 to 850,000 rooms. The
Rating:Essay Length: 2,963 Words / 12 PagesSubmitted: January 6, 2010 -
Increasing Cost of College Tuition
Increasing Cost of College Tuition Executive Summary Financing a college education is getting tougher. College costs have skyrocketed over the past decade or so. Average tuition at four-year colleges will increase 7 percent this school year, double the rate of inflation. Student aid is not increasing fast enough to plug the growing gap between tuition and family finances. In addition, there are a growing number of older students entering college today. In the new global
Rating:Essay Length: 1,832 Words / 8 PagesSubmitted: January 7, 2010 -
3 Activity Based Costing
Minnetonka has approached a subcontractor to discuss the possibility of purchasing the bindings. The purchase price of the bindings from the subcontractor would be $5.25 per binding, or $10.50 per pair. If the Minnetonka Corporation accepts the purchase proposal, it is predicted that direct labor and variable-overhead costs would be reduced by 10% and direct-material costs would be reduced by 20%. 1. Should the Minnetonka Corporation make or buy the bindings? Show calculations to support
Rating:Essay Length: 534 Words / 3 PagesSubmitted: January 7, 2010 -
Cost Classification
Cost Classification Introduction: In this assignment I will be discussing how costs incurred in any organization may be classified in a number of different ways for a number of different purposes. I will also be looking to find companies that use a variety of different costing techniques and methods. I will also be discussing the comparisons between marginal and absorption costing and how the concept of activity based costing can also be compared with these.
Rating:Essay Length: 2,231 Words / 9 PagesSubmitted: January 7, 2010 -
Outsourcing and Hotels
Introduction What is Outsourcing? Outsourcing can be defined as a business relationship in which two or more companies work together to achieve a collective advantage. Rugman et al (2003) If you look back ten – fifteen years ago outsourcing in hotels was not a popular concept but more recently with the downturn in the economy in the nineteen nineties more and more hotels are turning to outsourcing to help increase their revenues and maximize their
Rating:Essay Length: 1,527 Words / 7 PagesSubmitted: January 8, 2010