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Author Question: What issues are present with having a hip, upscale sushi restaurant in a retirement community? ... (Read 55 times)

Awilson837

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on: Aug 10, 2018
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

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Reply #1 on: Aug 10, 2018
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.


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