- ASSIGNMENT TASK:
You are required to produce a business report in the form of an executive summary (see the task guidance below). This should be an evaluation of the financial performance of your e-hotel over a 2 year trading period in three performance areas: Revenue, Costs, and Profit, and recommendations to improve the performance of the business. - TASK GUIDANCE:
- The submission should evaluate the financial performance of your e-hotel from a management perspective to senior directors of the company (you will be part of the hotel’s management team within the simulation). This should be a critical perspective of the hotel’s actual performance Over a 2 year trading period in three performance areas:
- Revenue. Costs and Profit. Post the evaluation and analysis of the results, you are to provide brief recommendations to improve the performance of the business in revenue generation and cost control. In the executive summary, you should adopt the principles of variance analysis be supported by the application of key performance indicators, financial ratios, and statistics.
You are required to include tabulated data showing actual performance, comparison, and where appropriate, make use of graphs and/or charts to support your evaluations
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