Category: Uncategorized

Operating supplies, pre-opening staff, pre-marketing and technical services are standard hotel costs that fall under ________________.

Thinking back to the TLO Developer’s case study, which of the following are external, macro-environmental factors impacting the business and for which the business would not have any control? CHECK ALL THAT APPLY.

Which one of the following potential revenue streams for a multi-use resort would require knowledge of the local housing market to be included in a market study?  

The average construction cost per room for this hotel category is $318,200 thus making the average cost about $31.82 million for a 100-room hotel.

You are tasked with recruiting a resort development team. As the project manager, what are some important factors to consider as you select individuals for your development team? Name/List four.

Brick and mortar costs are an example of which of the following standard hotel costs?

It is the quality of the buildings and how well other planned facilities are integrated in the resort/hotel development that are more critical in shaping the character of the resort environment than the physical attributes of the site itself.

In PW method, we do renew the shorter life project if the project is not renewable.

Find EUAW of a device that has a useful life of 6 years; initial cost of $1,500; annual benefit of $650. Use 10 years for the analysis and i= 12%?

A mechanical device will cost $20,000 when purchased. Maintenance will cost $1000 per year. The device will generate revenues of $5000 per year for 5 years. The salvage value is $7000. Is the below cash flow is the correct net representation of the above statement.