Assessment Task: You are the RM at Lakes Resorts in Lakes Entrance Victoria which has 90...

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Assessment Task: You are the RM at Lakes Resorts in Lakes Entrance Victoria which has 90 fully serviced bedrooms for guests to visit is available along the waterfront, with Lake views, or tucked away in backstreets away from the hustle and bustle of Holiday traffic. Heba the property's DOSM and Theo the manager and you serve on the hotel's RM boards committee headed by the DOSM. Heba the DOSM has received 2 offers and he wants to know which would yield more for the business during the Christmas weekend from 23rd December 2022 till 29th December 2022. To make up for the loss from last year the management has decided to charge $120 per night for rooms on rack rate Offer 1: Heba was approached by the Lakes entrance bowling association to reserve 70 rooms per night from 23rd December 2022 till 29th December 2022. The discounted price quoted to them is $110 per night. Offer 2: Theo was approached by Tafe students' association wanted to reserve 75 rooms per night from 23rd December 2022 till 29th December 2022. The price quoted to them is $100 per night. There are two offers that currently need to be considered. Heba the DOSM has asked you to prepare a report about the profitable offer out of these two with the following information provided. You as a revenue manager convinced that you could sell 15 more rooms each day for transit customers during the period at normal rack rate of $120. The RM committee requires you to calculate differentiate explain which of their costs are fixed and variable and any recommendations to change from the variable to fixed costs or would that be better to stay as variable costs according to the cost behaviour and driver. Lake Resorts RM Committee are planning to find out whether Theo's offer would be beneficial or Heba's offer should be considered. Heba expects a 10% increase in all the expense from last year period Previous year Expenses for the Christmas period 23rd December 2022 - 29 December 2022 (7 nights) with 100% occupancy Casual staff wages @100% occupancy $13,000 Electricity charges @100% occupancy $5,000 Full time staff Salary @100% occupancy $20,000 Guests' laundry charges @ 100 % occupancy $660 Phone and internet charges yearly charges @100% occupancy $400 Room Cleaning charges @ 100 percent occupancy $1,700 Water charges @100% occupancy Superannuation charges $2,400 Garden Maintenance charges weekly $3,360 $3300 Required: The DOSM, head of the RM committee has asked you to prepare the following and submit a report to the RM committee with the following requirements below to decide. Task 3A: Prepare a short 6 to 8 mins video presentation about your findings and recommendations to the RM committee of Purple Resorts. (10 Marks) The DOSM would like to see these following in the video Presentation for the committee. 1. The Forecasted total cost and revenue for Theo, Hebas Proposal and normal estimated occupancy and break-even unit (with 100% occupancy) (10 marks) 2. Comparison of Theo, Hebas Proposal, and normal estimated occupancy and which would be yielding more and your recommendation on which one would yield more? (10 marks) Assessment Task: You are the RM at Lakes Resorts in Lakes Entrance Victoria which has 90 fully serviced bedrooms for guests to visit is available along the waterfront, with Lake views, or tucked away in backstreets away from the hustle and bustle of Holiday traffic. Heba the property's DOSM and Theo the manager and you serve on the hotel's RM boards committee headed by the DOSM. Heba the DOSM has received 2 offers and he wants to know which would yield more for the business during the Christmas weekend from 23rd December 2022 till 29th December 2022. To make up for the loss from last year the management has decided to charge $120 per night for rooms on rack rate Offer 1: Heba was approached by the Lakes entrance bowling association to reserve 70 rooms per night from 23rd December 2022 till 29th December 2022. The discounted price quoted to them is $110 per night. Offer 2: Theo was approached by Tafe students' association wanted to reserve 75 rooms per night from 23rd December 2022 till 29th December 2022. The price quoted to them is $100 per night. There are two offers that currently need to be considered. Heba the DOSM has asked you to prepare a report about the profitable offer out of these two with the following information provided. You as a revenue manager convinced that you could sell 15 more rooms each day for transit customers during the period at normal rack rate of $120. The RM committee requires you to calculate differentiate explain which of their costs are fixed and variable and any recommendations to change from the variable to fixed costs or would that be better to stay as variable costs according to the cost behaviour and driver. Lake Resorts RM Committee are planning to find out whether Theo's offer would be beneficial or Heba's offer should be considered. Heba expects a 10% increase in all the expense from last year period Previous year Expenses for the Christmas period 23rd December 2022 - 29 December 2022 (7 nights) with 100% occupancy Casual staff wages @100% occupancy $13,000 Electricity charges @100% occupancy $5,000 Full time staff Salary @100% occupancy $20,000 Guests' laundry charges @ 100 % occupancy $660 Phone and internet charges yearly charges @100% occupancy $400 Room Cleaning charges @ 100 percent occupancy $1,700 Water charges @100% occupancy Superannuation charges $2,400 Garden Maintenance charges weekly $3,360 $3300 Required: The DOSM, head of the RM committee has asked you to prepare the following and submit a report to the RM committee with the following requirements below to decide. Task 3A: Prepare a short 6 to 8 mins video presentation about your findings and recommendations to the RM committee of Purple Resorts. (10 Marks) The DOSM would like to see these following in the video Presentation for the committee. 1. The Forecasted total cost and revenue for Theo, Hebas Proposal and normal estimated occupancy and break-even unit (with 100% occupancy) (10 marks) 2. Comparison of Theo, Hebas Proposal, and normal estimated occupancy and which would be yielding more and your recommendation on which one would yield more? (10 marks)