Question
Sunrise hotels (A) You have been hired by the general manager (GM) of a budget hotel in Colorado. The hotel is part of a large
Sunrise hotels (A)
You have been hired by the general manager (GM) of a budget hotel in Colorado. The hotel is part of a large economy lodging chain in North America. Economy lodging hotels include Super 8, Motel 6 and Days Inn. They are typically small, free-standing hotels with no food and beverage outlets (i.e., restaurants and bars), no conference or banquet facilities, no meeting spaces, and limited services. There is a single output: the provision of rooms for one or more nights. While there are single and double rooms, differences are minor so there is no need to use weighted-average prices or costs. With a single output, there is one obvious cost driver: the number of rooms rented......
Please give the recommendations to the hotel about accounting part, budget, revenue
P.S. It is a budget hotel and is experiencing losses with every year, and I need recommendations how to improve or what to do in general with their financial operations. Thank you
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