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PNW Sportsman s Bar $ 1 4 0 for one spoon of Hungarian wine $ 2 3 per shot of house liquor ( e .
PNW Sportsmans Bar $ for one spoon of Hungarian wine $ per shot of house liquor eg gin, rum, tequila, vodka $ for oysters $ for a spoon of caviar $ for a BLT Sandwich Bronlieus Boutique the gift shop $ per mens suit $ small ice cream $ for nail clippers GNIbrand shampoo and conditioner start at $ea for a hotel size and go to $ea for a full size selling nonMarriot approved amenites of certain types, including shampp and conditioner, is not allowed per the franchise agreement $ for a GNIlogo bag, only available with purchases of $ or more also not allowed per the franchise agreement SisleyParis Spa $hr for massage treatment $ for a couples massage $ for each additional half hour single $ for each additional half hour for couples It is not possible to view a lineitem P&L statement for the property, but these amenities combined are currently profiting $ millionyear Given the aforementioned fixed and variable costs, the hotels amenities are possibly making approximately $ million in revenue each year. This is an astounding figure that is well above industry averages in even the most profitable luxury resorts. Unlike room revenue, these amenities can be outsourced. This means Marriott corporate does not necessarily have access to the financial statements from these amenities. What you do realize is that this RitzCarlton property has the lowest global occupancy but the highest global amenities revenue. This is solid evidence that something illegal is taking place most likely laundering money. Also, these figures do not account for event management, banquet space, or the Poverty Bay Steakhouse restaurant the primary dining option, which also features inroom dining Based on the information available to you, you believe the following data is correct: Food cost is propertywide; The property makes $ in revenue from these amenities annually; a Spa Boutique Bar Valet Parking and Other The hotel manages $ in revenue from banquets; The Poverty Bay Steakhouse on property makes $ in annual revenue including room service, which accounts for of Poverty Bay Steakhouse revenue; Complete the chart on the next page using the aforementioned information. Table RitzCarlton Seattle Smith Tower ADR RevPAR Occupancy Supply Demand RitzCarlton Seattle Table RitzCarlton Seattle, Amenities, Food, & Banquets Q Q Q Q Annual REVENUE Rev, Banquets $ Rev, Bar $ Rev, Poverty Bay Steakhouse Room Service $ Rev, Boutique Rev, Spa Rev, Valet Parking $ Rev, Other REVENUE $ COSTS Food Cost Variable Costs F&B Variable Costs nonfood Fixed Costs PROFITTable RitzCarlton Seattle Smith Tower
Table RitzCarlton Seattle, Amenities, Food, & Banquets
tableQQQQAnnualREVENUERev Banquets,$Rev Bar,$Rev Poverty Bay SteakhouseRoom Service,$Rev BoutiqueRev SpaRev ValetParking$
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