For this assignment, you need to submit a capital plan and loan request for your hotel. You will present a proposal to me (owner) to borrow money to invest in your hotel. If your proposal is accepted and I approve your plan, I will make funds available to you in January Year 1. A maximum of $4,000,000 will be made available to you for capital investments, which is in addition to the $500,000(replacement reserve fund) you started the simulation with. CONDITIONS: I need a detailed list of your planned capital expend res. The list must include which month you plan to start the capital projects. For example, standard rooms renovation commence February Year 1 I will only approve a loan for the value of planned capital expenditures. For example, if all of your projects add up to spend $2,500,000 million that is all the $$ you will get. For the rationale explaining your capital project, think about your vision for the hotel and how adding certain facilities and services will help you attract guests. You can present the listed capital items in a table and then write out a supporting rationale for each one. Your report will vary in length depending on how many items you want to invest in. Your proposal may be denied if there is insufficient information for ownership to make a decision. For this assignment, you need to submit a capital plan and loan request for your hotel. You will present a proposal to me (owner) to borrow money to invest in your hotel. If your proposal is accepted and I approve your plan, I will make funds available to you in January Year 1. A maximum of $4,000,000 will be made available to you for capital investments, which is in addition to the $500,000(replacement reserve fund) you started the simulation with. CONDITIONS: I need a detailed list of your planned capital expend res. The list must include which month you plan to start the capital projects. For example, standard rooms renovation commence February Year 1 I will only approve a loan for the value of planned capital expenditures. For example, if all of your projects add up to spend $2,500,000 million that is all the $$ you will get. For the rationale explaining your capital project, think about your vision for the hotel and how adding certain facilities and services will help you attract guests. You can present the listed capital items in a table and then write out a supporting rationale for each one. Your report will vary in length depending on how many items you want to invest in. Your proposal may be denied if there is insufficient information for ownership to make a decision
