Author Question: What issues are present with having a hip, upscale sushi restaurant in a retirement community? ... (Read 59 times)

Awilson837

  • Hero Member
  • *****
  • Posts: 509
What issues are present with having a hip, upscale sushi restaurant in a retirement community?
 
  What will be an ideal response?

Question 2

You are a Hotel Asset Manager and the subject property fits into the criteria presented on Table 1 . The property you are analyzing performs with an F&B profitability margin of 22 percent.
 
  How would you assess the performance of the F&B Department?



Perkypinki

  • Sr. Member
  • ****
  • Posts: 339
Answer to Question 1

The elder clientele in the nearby area would most likely not be interested in this type of cuisine. This is an issue of surveying the current and prospective demand.

Answer to Question 2

A 22 percent departmental profitability is within the range presented by the HOST data. It is important to analyze the specific factors of each individual F&B department as opposed to the aggregate. However, assuming similar property types are included within the industry data, the subject property is operating at or near market levels. However, it is towards the lower end of the range suggesting that there is room for improvement through asset management.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Individuals are never “cured” of addictions. Instead, they learn how to manage their disease to lead healthy, balanced lives.

Did you know?

When taking monoamine oxidase inhibitors, people should avoid a variety of foods, which include alcoholic beverages, bean curd, broad (fava) bean pods, cheese, fish, ginseng, protein extracts, meat, sauerkraut, shrimp paste, soups, and yeast.

Did you know?

Urine turns bright yellow if larger than normal amounts of certain substances are consumed; one of these substances is asparagus.

Did you know?

People often find it difficult to accept the idea that bacteria can be beneficial and improve health. Lactic acid bacteria are good, and when eaten, these bacteria improve health and increase longevity. These bacteria included in foods such as yogurt.

Did you know?

Over time, chronic hepatitis B virus and hepatitis C virus infections can progress to advanced liver disease, liver failure, and hepatocellular carcinoma. Unlike other forms, more than 80% of hepatitis C infections become chronic and lead to liver disease. When combined with hepatitis B, hepatitis C now accounts for 75% percent of all cases of liver disease around the world. Liver failure caused by hepatitis C is now leading cause of liver transplants in the United States.

For a complete list of videos, visit our video library