Author Question: What issues are present with having a hip, upscale sushi restaurant in a retirement community? ... (Read 24 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?

Not getting enough sleep can greatly weaken the immune system. Lack of sleep makes you more likely to catch a cold, or more difficult to fight off an infection.

Did you know?

The largest baby ever born weighed more than 23 pounds but died just 11 hours after his birth in 1879. The largest surviving baby was born in October 2009 in Sumatra, Indonesia, and weighed an astounding 19.2 pounds at birth.

Did you know?

The most dangerous mercury compound, dimethyl mercury, is so toxic that even a few microliters spilled on the skin can cause death. Mercury has been shown to accumulate in higher amounts in the following types of fish than other types: swordfish, shark, mackerel, tilefish, crab, and tuna.

Did you know?

The most destructive flu epidemic of all times in recorded history occurred in 1918, with approximately 20 million deaths worldwide.

Did you know?

About 600,000 particles of skin are shed every hour by each human. If you live to age 70 years, you have shed 105 pounds of dead skin.

For a complete list of videos, visit our video library