Write the paper with 700 to 1.050 words APA Formatted

The Phoenix Hotel

Within the last year, occupancy levels and overall revenue of the Phoenix Hotel have not been keeping up with projected numbers.

Although figures are higher than they were this time last year, so are the total costs. In fact, the hotel has ended up losing a small amount of money over the past 12 months. Luckily, the general manager saved enough money to help the Phoenix Hotel survive for a short time. Unfortunately, the owners are beginning to worry that, if this trend continues, they will encounter serious financial trouble. As a result, your consulting services have been employed to formulate a plan to help prevent the owners from filing for bankruptcy.

Hotel Features and Amenities

The Phoenix Hotel has many benefits for all types of travelors. The Phoenix Hotel offers a 24-hour shuttle to the airport and easy access to downtown Phoenix with the $1 Airport Flyer service. Upon arrival, guests settle into spacious hotel rooms with modern amenities and complimentary wireless high-speed internet access. The Phoenix Hotel has 200 rooms. Guests can select a standard room or choose a suite with an additional boardroom, fitness room, or living room.

The Phoenix Hotel is a convention hotel in which events can be hosted, taking advantage of more than 48,000 sq. ft. of versatile events space. The atrium serves as a unique location for events, and the distinctive round ballroom adds character to functions for up to 800 people. There are 18 meeting rooms for board meetings, or events can be held in the 25,000 sq. ft. courtyard. Guests can rely on the expert catering and events team and support services to ensure their event is a success.

Guests who are travelling for business can work in the 24-hour business center or keep in touch in the atrium with complimentary WiFi. Guests can also enjoy an invigorating workout in the 24-hour complimentary fitness center or take a refreshing dip in the outdoor saline pool. The Phoenix Hotel offers authentic farm-to-market fresh food at Creeks Restaurant and aromatic Starbuckscoffee in the relaxing surroundings of the atrium.

Phoenix Hotel Consultation Project: Revenue Grading Guide HTT/231 Version 2 Individual Assignment: Phoenix Hotel Consultation Project: Revenue Purpose of Assignment In this consultation project, students will address how hotel Occupancy, Average Daily Rate and Revenue Per Available Room work together and how suggested corrective actions will affect the Phoenix Hotel and it's rank among its competitors. Resources Required Hospitality Industry Managerial Accounting, Ch. 8 Revenue Management: Maximizing Revenue in Hospitality Operations, Ch. 1, 2, and 3 Grading Guide Content 70 Percent Met Partially Met Not Met Total Available Total Earned 7 #/7 The paper includes a summary of research findings on methods for calculating key financial indicators such as Occupancy, Average Daily Rate and Revenue Per Available Room. The paper includes a discussion of how Occupancy and Average Daily Rates influence REV PAR. The paper includes a recommendation for the Phoenix Hotel about how the organization can increase RevPAR and overall revenue. The paper discusses how the Phoenix Hotel compares to its competitors on the chart provided and answers the following question: Can you as the consultant offer any insights or advice that would improve the Phoenix Hotels rank among its competitors by adjusting the sleeping room rate? The paper answers the following question: If you as the consultant suggest the Phoenix Hotel lower its sleeping room rate to improve occupancy percentage, what will that do to overall revenue and REV PAR? The paper is 700- to 1,050- words in length. Copyright 2015 by University of Phoenix. All rights reserved. Comments: 1 Phoenix Hotel Consultation Project: Revenue Grading Guide HTT/231 Version 2 Writing Guidelines 30 Percent Met Partially Met Not Met Total Available Total Earned 3 #/3 10 #/10 Intellectual property is recognized with in-text citations and a reference page. Paragraph and sentence transitions are present, logical, and maintain the flow throughout the paper. Sentences are complete, clear, and concise. Rules of grammar and usage are followed including spelling and punctuation. Assignment Total # Additional comments: Copyright 2015 by University of Phoenix. All rights reserved. Comments: 2