Author Question: What issues are present with having a hip, upscale sushi restaurant in a retirement community? ... (Read 54 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?

In 2006, a generic antinausea drug named ondansetron was approved. It is used to stop nausea and vomiting associated with surgery, chemotherapy, and radiation therapy.

Did you know?

Though the United States has largely rejected the metric system, it is used for currency, as in 100 pennies = 1 dollar. Previously, the British currency system was used, with measurements such as 12 pence to the shilling, and 20 shillings to the pound.

Did you know?

Your chance of developing a kidney stone is 1 in 10. In recent years, approximately 3.7 million people in the United States were diagnosed with a kidney disease.

Did you know?

There are 60,000 miles of blood vessels in every adult human.

Did you know?

Addicts to opiates often avoid treatment because they are afraid of withdrawal. Though unpleasant, with proper management, withdrawal is rarely fatal and passes relatively quickly.

For a complete list of videos, visit our video library