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Using Disneys' Grand Floridian Resort and Lowes Portofino Bay Resort 1 . Which market, tract ( if applicable ) , scale, and class ( if

Using Disneys' Grand Floridian Resort and Lowes Portofino Bay Resort
1. Which market, tract (if applicable), scale, and class (if applicable), did you choose to create your comp set? NOTE: You must provide the market and scale, at a minimum to earn full credit.
2. How many properties did you include in your identified comp set AND what was the primary consideration in choosing these properties? List the names (and location) of the properties, as well as the primary consideration for inclusion, here:
3. The STR information on creating a comp set suggests 4 P's when creating a comp set. Briefly summarize your identified comp set in terms of PARTICIPATION and the resultant strengths or weaknesses in terms of building a strong comp set for sales comparison purposes.
4. The STR information on creating a comp set suggests 4 P's when creating a comp set. Briefly summarize your identified comp set in terms of PROXIMITY and include the strengths or weaknesses related to this component in terms of a building a strong comp set for sales comparison purposes.
5. The STR information on creating a comp set suggests 4 P's when creating a comp set. Briefly summarize your identified comp set in terms of PRICING and include the strengths or weaknesses related to this component in terms of a building a strong comp set for sales comparison purposes.
6. The STR information on creating a comp set suggests 4 P's when creating a comp set. Briefly summarize your identified comp set in terms of PRODUCT and include the strengths or weaknesses related to this component in terms of a building a strong comp set for sales comparison purposes.
7. What is the daily Fair Share that your property represents within the comp set you identified? Remember that Fair Share is calculated by dividing the number of available rooms in your property by all of the rooms available in the comp set. Please show your work. I've given you an example to help you get started.
8. Did you identify any additional comp sets for your hotel? Why or why not? If you did not, your response here must sufficiently explain why not (in terms of the concepts and strategies we are learning in the course) in order to earn credit.

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