Lodging - 4399 Words

Executive summary The purpose of this report is to designing a new boutique hotel’s club floor. The structures of this report are as follows. First, we will discuss the background information and state the objective of the report. Second, we will focus on South Korea IT Professionals and analysis their demographic and socioeconomic profile by relevant articles and literatures. Also, the purchasing power and arrival number of South Korean business traveler will be forecasted. Third, we will conduct a service analysis of South Korea IT professionals by Hofstede’s Cultural Dimension. Fourth, Hotel ICON and Butterfly on Prat are selected as our major competitor; therefore we will conduct a competitor analysis to find out their strengths†¦show more content†¦We will discuss and analyze IT Professionals business travellers’ demographic and socio-economic profiles below. Demographics elements contain education level, gender, marital status and trait. 2.1 ) Demo graphics 2.1.1) Education Level From the UNESCO, it shows South Korea has the highest tertiary rate in the world. (Nick.C. Hanna.P.,2013) Korean government invest large amount of resource in the information technology education to develop I.T. experts. Therefore, Korean Information technology professional usually equip with high educational level. Base on their background, they will look for advanced technological service. Besides, though they are intellectual in the Information technology, through our interview with Korean tourist, we found that most of them are not familiar with the international language—English. Interviewees indicate people in their country seldom use English. It is easy to have communication failure if we cannot communicate with them effectively, so we need to recruit staffs who are familiar with Korean. Then we can guarantee them a nice moment of truth. It shows we are concerning. 2.1.2) Gender Although Korea is a feminine country, both gender are openly for cont est, female is less involve in the I.T. field. Women only make up less than 18% of IT workers. (Wisat, 2013) We assume that we may have more male guests. In order to favor our target guest, we will consider the construction ratio of the use ofShow MoreRelatedTaking a Look at Types of Lodging621 Words   |  2 PagesThese past few years, the lodging industry has been growing very significantly. â€Å"The global hospitality sector witnessed a strong appetite for growth in 2013, a trend that is set to continue and pick up pace in 2014† (Strong Performance Predicted for Global Lodging Industry in 2014, 2014). A decade before, there were no many options of the lodging accommodation. But with the massive growth of hospitality industry, lodging accommodations are now varied. Full-serviced hotels, hostels or dormitoriesRead MoreCareers At Lodging And Food And Beverage 21152 Words   |  5 PagesCAREERS IN LODGING AND FOOD AND BEVERAGE 2 Lodging, food and beverage is becoming popular in the world today. A lot of people are going to college in order to be in this type of work. They learn how each field work and also how challenging the field has become over the years. It is fascinating how much these fields are so vast but yet similar. Many people that want to get into thisRead MoreHtm100 - Assignment 1 - Careers in Lodging and Food and Beverage Industries1419 Words   |  6 PagesCareers in Lodging and Food and Beverage Industries Name School HTM 100 Professor Name February 3, 2013 Careers in Lodging and Food and Beverage Industries The hospitality industry is a very lucrative and rewarding career choice. Choosing a career in this field is not for the faint at heart. A career in this industry requires an individual that is ambitious, self-motivated, and has a charismatic personality. However, the hard work comes with many personal and financial rewards. HospitalityRead MoreLodging1094 Words   |  5 Pagesthe United States. d. A weak U.S. dollar in the international market decreases the number of international tourists traveling to the United States. 8. A regional study of the economic impact of tourism found that for every tourist dollar spent in lodging properties, three tourist dollars were spent elsewhere in the region. This is an example of: a. globalization. b. the ripple effect. c. infrastructure investment. d. superstructure investment. 9. Which of the following is likely to have theRead MoreCareers in Lodging1166 Words   |  5 PagesCareers in Lodging and Food and Beverage Industries 1 Assignment 1: Careers in Lodging and Food and Beverage Industries Maria Ransom Strayer University Alexandria Campus Professor: Jennifer Gallagher HTM 100 - Principles of Hospitality and Tourism Management February 3, 2012 Assignment 1: Careers in Lodging and Food and Beverage Industries 2 Describe the various types of management careers that can be offered within each industry (lodging and food and beverage). The lodging and foodRead MoreLodging Inductry24737 Words   |  99 PagesMarket-segment scope: Four Seasons Hotel and Resorts. See â€Å"Defining the Corporate Mission†. †¢ Vertical scope: examples of tour operators tie together airline travel, ground transportation, sightseeing, restaurant meals, club entertainment, hotel lodging, and travel gifts. See â€Å"Defining the Corporate Mission†. †¢ Geographical scope: Biscuitville fast food chain, Sheraton hotels, Hilton hotels, Canada’s Delta Hotels. See â€Å"Defining the Corporate Mission†. Supportive PowerPoint Slides: 3-11Read MoreA Report On Brazilian Hotel Industry1418 Words   |  6 Pages Brazil Motivated by the great prospects of the Brazilian Hotel Industry, many entrepreneurs are taken by the idea of establishing a lodging business in the country. This guide will provide the steps to open a hotel in the country, and give some general information about the sector. The lodging industry in Brazil It is no news that Brazil is a very coveted touristic destination for many travelers. The country offers its visitors a diverse range of options, highlighting its natural beauties and historicRead MoreOverview Of The Accommodation Industry1336 Words   |  6 PagesOverview of the Accommodation Industry The hotel industry included a vast array of lodging options including from luxury resorts, casinos, hotels, motel, bed and breakfasts and campgrounds. Business in the hotel industry focus on providing consumers comfort, efficiency and customer services for those seeking accommodations while traveling or for other purposes. The hotel industry is one of 25 subsectors of the travel industry sector of the hospitality industry. 1) Food and Cuisine, 2) AccommodationsRead MoreWhy The Companys Leadership Is Different From Other Hospitality Businesses1072 Words   |  5 Pageshundreds of thousands of dollars. No hotel, however splendid, looks good to someone whose day it has ruined. For example, lodging manager usually work long and irregular hours including weekends, evenings and most public holidays, usually works indoors, and from an office or lobby may need to travel to other areas to carry out promotional activities. And the work conditions for lodging manager are busy and stressful. Usually the working environment is fast-paced, because hotel runs 24 hours every dayRead MoreEssay Oceania812 Words   |  4 Pagesadditional performances its profitability Weekly Salaries for $300,000 $200,000 Paid by the host theater INTERNATIONAL NEGOTIATION Cast Crew Lodging Board POPs interest is that WCT pays the fee, in its familiar hotel Marquis Another choice of Hotel Boarding prepaid 100 members/ 7 days/ 50% prepaid Lodging prepaid 100- 6 months advance booking/ 7 nights/ 50% prepaid Additional profit from Autograph party for patron and donors Withholds info

What is a monopoly and what is required Free Essays

Monopoly is at the opposite end of the spectrum of market models from perfect competition. A monopoly firm has no rivals. It is the only firm in its industry. We will write a custom essay sample on What is a monopoly and what is required or any similar topic only for you Order Now There are no close substitutes for the good or service a monopoly produces. Not only does a monopoly firm have the market to itself, but it also need not worry about other firms entering. In the case of monopoly, entry by potential rivals is prohibitively difficult. A monopoly does not take the market price as given; it determines its own price. It selects from its demand curve the price that corresponds to the quantity the firm has hosen to produce in order to earn the maximum profit possible. In assuming there is one firm in a market, we assume there are no other firms producing goods or services that could be considered part of the same market as that of the monopoly firm. The result is a model that gives us important insights into the nature of the choices of firms and their impact on the economy. There are some Advantages of a Monopoly. The Monopolies avoids duplications and hence wastage of resources. Enjoys economics of scale, due to it being the only supplier of the product or service n the market, makes many profits and be used for research and development to maintain their status as a monopoly. They also use price discrimination to benefit the weaker economic section of society. To avoid competition, they can afford to invest in the latest technology and machinery. There are some Disadvantages of a Monopoly. Monopolies have poor levels of service, there is no consumer sovereignty, the consumers are charged high prices for such low quality goods, and lack of competition could lead to low quality goods, as well as out dated goods. First off, any arket type can see super normal profits in the short-run. What is more important is what happens in the end. Pure monopolies are not the only monopoly that can make profits. Natural Monopoly or a price discriminating monopoly can make profits as well. The only difference between them is â€Å"why’ they are monopolies to begin with. Oligopolies are not monopolies, although they do tend to make above normal profits. Monopolistic competition does not yield these types of profits in the end. Economic profit goes to zero here in the end because there is a lack of barriers here to prevent competition from entering. How to cite What is a monopoly and what is required, Papers

Case Study Topic Tacoma Narrows Bridge

Question: Describe about the Case Study Topic for Tacoma Narrows Bridge. Answer: Introduction Tacoma Narrows Bridge connects Kitsap Peninsula and Tacoma and Washington State Department of Transportation maintains this bridge. Tacoma Narrows Bridge has exhibited a large oscillation in vertical manner and total length of this particular bridge is 5000 feet. However, Tacoma Narrows Bridge was opened on 1940, July 1 and it was collapsed just after four moths because of aero elastic flutter, which is caused by a wind of 42 mph. The major reason of collapsing Tacoma Narrows Bridge was the failure of engineering and science. Arioli and Gazzola (2015) have mentioned that the use of plate girders and the main length of the span should be decided with a proper consultation of the potential civil engineer. Tacoma Narrows Bridge was narrow and long in unusual manner and was severely compared with the other existing suspension bridges of previous era. The design of Tacoma Narrows Bridge was not suitable as cheaper stiffening used for girders, which are 8 foot tall. Even the stiffening was not in adequate manner and aerodynamic stability theory of suspension bridges had not worked out in the case of Tacoma Narrows Bridge (McKenna 2014). The facilities and possibilities of wind tunnel were not available for Tacoma Narrows Bridge because of the military effort of pre-war. As opined by Knig and Weig (2012), suspension bridges require wind tunnel, which can move a large quantity of air instead of slow velocity and it should be controlled in careful way. Tacoma Narrows Bridge collapsed because of desirability of three-dimensional dynamic model and the partial use of this model. Gander and Kwok (2012) have stated that the issue of stability includes aerodynamic lift, which is very much sensitive towards the profile of deck. Construction and design In todays great era of suspension bridge the concept of using rope for the cables is an old one and with the constant advancement of technologies, there are drastic transformation in the designing and construction of suspension bridge (Fernandes and Armandei 2014). Mostly the chains, wrought-iron bars and iron bars are used instead of cables and ropes in order to build a perfect and durable suspension bridge. However, the collapsing of suspension bridge is not as abnormal as it mainly collapses only because of windstorms or after suffering various damages. Therefore, people generally avoids suspension bridges during 19th century as it was unreliable and risk, with the advancement of modern technology and bridge architecture, the suspension bridges are built in reliable manner by the civil engineer. McRobie et al. (2013) have suggested that deflection theory is considered as best way o build suspension bridges as following this particular theory, suspension bridges do not require cabl e stays or stiffening trusses. This is the reason that suspender cable, main cables, weight of the deck provides the structural strength alone against the fundamental effects of traffic and wind in sufficient manner. Tacoma Narrows Bridge represents a perfect culmination of the contemporary trend for building a longer bridge with low stiffening and narrower road width. The civil engineers encountered first problem of building Tacoma Narrows Bridge involves the geographical location of the bridge itself, as the water is more than 200 feet deep and treacherous and swift tides move 8.9 miles per hour. Even the basic lengths of crossing of Tacoma Narrows Bridge posed difficulties with the combination of water depth. If the incident of collapsing would not happen, then Tacoma Narrows Bridge would be third longest suspension bridge, holding its position just after Golden Gate Bridge and George Washington Bridge (Malk 2013). Reason of collapsing of Tacoma Narrows Bridge The major reason of collapsing of the Tacoma Narrows Bridge is the traffic surveys, which is imposed by the challenge of final engineering, as there is no justification of making a bridge of more than two lanes. Clark Eldridge developed the original design of the Tacoma Narrows Bridge and this particular design suggested two traffic lanes and towers of completely different heights, 2 side spans, stiffening trusses of 25 feet deep and a centre span. However, this primary design was changed after the force of federal authorities and Moisseif has made the new design of this particular ridge. Koo et al. (2013) have suggested that a suspension bridge should be most appropriate choice for the decided site. However, only because of the critical design just after four months, Tacoma Narrows Bridge collapsed during a windstorm as the attached cables were anchored into the ground and later the cables were replaced and because of it was scary, notorious and risky of travelling through this part icular suspension bridge during high winds. As the mathematics of oscillations were difficult to understand in the era of 1940, therefore, the design of Tacoma Narrows Bridge was not appropriately made and it collapsed after oscillating and twisting in violent manner because of a windstorm of 60 kph. However, there were also advantages of Tacoma Narrows Bridge. As opined by Olson et al. (2015), Tacoma Narrows Bridge was more flexible than the Golden Gate Bridge and George Washington Bridge. The other bridges of its time are more stiff and less prone to the accelerations of wind induction. The Federal Works Agency (FWA) identified and investigated the major reasons behind the collapse of Tacoma Narrows Bridge. Although this bridge was well built and well designed, it failed to face the static forces like windstorm (Pipinato 2013). The exceptional flexibility of Tacoma Narrows Bridge is another reason of the collapse as it was unable to absorb the dynamic forces that can handle wild oscillations. Wind causes a vertical oscillation and it caused structural damage before collapsing. North ends cable band failed to prevent the sudden twist motion on the bridge. As opposed by Arioli and Gazzola (2016), any kind of twisting motion can cause a high stress into the bridge that is responsible for leading a failure of collapsing of central span and su spenders. Although the workmanship and supervision of Tacoma Narrows Bridge was exceptional, still it collapsed just after four months of its inauguration because of technical fault and wrong mathematical design of suspension bridge. Another major reason of collapsing Tacoma Narrows Bridge involves its rigidity against the existing dynamic forces and static forces, which can be calculated by employing the same mathematical methods of civil engineering (Bulleit 2013). However, there were efforts for handling ad controlling the primary amplitude of oscillation of the bridge during windstorm. Carpinteri and Paggi (2013) have stated that relevant experiments and studies are required for determining the necessity of aerodynamic forces that has a serious impact upon suspension bridge. Only because of the narrowness, lightness and extreme flexibility, Tacoma Narrows Bridge failed to face the random environmental forces. There was a resonance on the bridge because of structural difficulties and the natural frequencies approached the oscillation, which was induced by the wind (Wuand Kareem 2013). An aeronautical engineer, named von Karman, has provided another explanation of the collapse of Tacoma Narrows Bridge. According to this individual, the attributed motion of this particular bridge creates a periodic shedding of large air vortices and then there was structural oscillation. Oh (2014) has argued with this proposed theory and mentioned that this theory cannot be considered to be appropriate in the case of Tacoma Narrows Bridge because of critical and wrong mathematical cal culation. Tacoma Narrows Bridge collapses because of the general proportions of this particular bridge and the type of floor and stiffening girders. The basic ration of width of this bridge to the length of central span was smaller. Even its vertical stiffness was less than the previously constructed bridges (Zhao et al. 2014). Theories of collapsing the bridge As bridges are all about appropriate structures, therefore, all the features should be added according to the stiffness and strength of it. The consequences of a bridge failure are immense as the society begins to question to the structure and type of the bridge. Even during the planning of next design of suspension bridges, the civil engineers should follow the modern law of physics for actual life span of the bridges. The theories of aerodynamics have been proved as essential while making the design of suspension bridge. According to Meador (2014), the present bridge architecture is solely based on the appropriate and cumulative experiences of the bridge planners, builders, designers and fabricators. Even the bridge designer should have made a thorough research on the existing forces that can damage the structure of bridge and its ultimate collapsing (Rogers et al. 2013). The associated engineers, who have investigated the collapse of Tacoma Narrows Bridge has found that it caused because of high level of flexibility, lightness and narrowness, which is completely against the theories of physics of making a stable and strong bridge. Yu et al. (2012) have suggested that resonance can be considered as an essential process and the frequency of the object should be matched with the natural frequency level, that has the potentiality to cause a dramatic enhance in the amplitude. Robert H. Scanlan and K Yusuf Billah have come up with another theory of collapsing of the Tacoma Narrows Bridge (Brownjohn et al. 2014). They suggested that because of aerodynamic flutter, the bridge collapsed. The physics theory can be applied here as the rotation of the deck of Tacoma Narrows Bridge became faster during the action of wind force and because of this; there was a failure in centre stay. The constant enhances in the rotation and negative damping effects lead up a terminal oscillation, which caused the collapse of this particular bridge (Tang and Bittner 2013). Ethical and procedural concerns Zhan and Fang (2012) have mentioned the collapse of Tacoma Narrows Bridge clearly reveals the failure of engineering education. Static forces like wind with high velocity have destroyed most of the suspension bridges. In this era of new technologies, there should be a perfect and adequate balance in between the progress and public welfare. If Moisseif followed the same design of the existing suspension bridge that sustained and is stable, therefore, Tacoma Narrows Bridge would not collapsed for the costs of endangering lives and dollars. Even if the engineers had not adapted innovative techniques of building suspension bridges, then there would be no such disaster (Seely 2015). The engineers should not push the ultimate limits of the present modern technologies, for making the most flexible suspension bridge and there was very little consideration of the research that it could hold the weight of rail traffic. The actual failure was the structural design of the Tacoma Narrows Bridge, which was sleeker, longer and less expensive bridge. As opined by Hook and Olson (2015), the pushing of the modern technologies by the civil engineer caused such disasters like the collapse of Tacoma Narrows Bridge and offer with the cost of the loss of life. However, with the advancement in modern technology, the bridge architecture is constantly improving and it can be expected from the potential and efficient civil engineers not to make same faults of building the Tacoma Narrows Bridge during their new ventures. The civil engineers should learn more about the physics of oscillation while making the suspension bridge and avoid the cases like Tacoma Narrows Bridge (Olson 2015). Even the implementation of the dumping devices ether being planned and installed in the bridge. Conclusion Tacoma Narrows Bridge was not the first suspension bridge that collapses because of technical faults or the wrong measurement in the structural design of the bridge. In fact, from the history of bridge architecture, it can be seen that there are several cases of destruction of suspension bridges only because of their failure to prevent the static and aerodynamic forces in proper manner. Tacoma Narrows Bridge was the most expensive suspension bridge, which collapsed after interaction with the windstorm. The civil engineers should remember the safety of human beings before designing and innovating structures of the new suspension bridges. The collapse of Tacoma Narrows Bridges reveals the necessity of vertical rigidity, torsion resistance and damping in the suspension bridges. This disaster should be avoided during the basic design of the bridge. References Arioli, G. and Gazzola, F., 2015. A new mathematical explanation of what triggered the catastrophic torsional mode of the Tacoma Narrows Bridge.Applied Mathematical Modelling,39(2), pp.901-912. Arioli, G. and Gazzola, F., 2016. Torsional instability in suspension bridges: the Tacoma Narrows Bridge case.Communications in Nonlinear Science and Numerical Simulation. Brownjohn, J.M.W., Koo, K.Y. and De Battista, N., 2014. Sensing solutions for assessing and monitoring bridges.Sensing technologies for civil infrastructures,2, pp.207-233. Bulleit, W.M., 2013. Uncertainty in the design of non-prototypical engineered systems. InPhilosophy and Engineering: Reflections on Practice, Principles and Process(pp. 317-327). Springer Netherlands. Carpinteri, A. and Paggi, M., 2013. A theoretical approach to the interaction between buckling and resonance instabilities.Journal of Engineering Mathematics,78(1), pp.19-35. Fernandes, A.C. and Armandei, M., 2014. Phenomenological model for torsional galloping of an elastic flat plate due to hydrodynamic loads.Journal of Hydrodynamics, Ser. B,26(1), pp.57-65. Gander, M.J. and Kwok, F., 2012. Chladni figures and the Tacoma bridge: motivating PDE eigenvalue problems via vibrating plates.SIAM Review,54(3), pp.573-596. Hook, J. and Olson, D., 2015. Analyzing the Tacoma Narrows Bridge Collapse Using the Physics of Free Fall.Bulletin of the American Physical Society,60. Knig, D.R. and Weig, E.M., 2012. Voltage-sustained self-oscillation of a nano-mechanical electron shuttle.Applied Physics Letters,101(21), p.213111. Koo, K.Y., Brownjohn, J.M.W., List, D.I. and Cole, R., 2013. Structural health monitoring of the Tamar suspension bridge.Structural Control and Health Monitoring,20(4), pp.609-625. Malk, J., 2013. Sudden lateral asymmetry and torsional oscillations in the original Tacoma suspension bridge.Journal of Sound and Vibration,332(15), pp.3772-3789. McKenna, P.J., 2014. OSCILLATIONS IN SUSPENSION BRIDGES, VERTICAL AND TORSIONAL.Discrete Continuous Dynamical Systems-Series S,7(4). McRobie, A., Morgenthal, G., Abrams, D. and Prendergast, J., 2013. Parallels between wind and crowd loading of bridges.Phil. Trans. R. Soc. A,371(1993), p.20120430. Meador, G., 2014. Failure by Design.Source: https://www. bps-ok. org/physics/faildes/failure_by_design. pdf, Accessed on,10. Oh, H., 2014. Motion in a hanging cable with various different periodic forcing.The Pure and Applied Mathematics,21(4), pp.281-293. Olson, D., 2015. The 75th Anniversary of the Tacoma Narrows Bridge Collapse.Bulletin of the American Physical Society,60. Olson, D., Hook, J., Doescher, R. and Wolf, S., 2015. The Tacoma Narrows Bridge collapse on film and video.The Physics Teacher,53(8), pp.461-465. Pipinato, A., 2013. Moving load and fatigue analysis of a long span high speed railway bridge. InAdvanced Materials Research(Vol. 629, pp. 403-408). Trans Tech Publications. Rogers, M., Pfaff, T., Hamilton, J. and Erkan, A., 2013. Incorporating Sustainability and 21st-Century Problem Solving into Physics Courses.The Physics Teacher,51(6), pp.372-374. Seely, B., 2015. Wind Wizard: Alan G. Davenport and the Art of Wind Engineering. by Siobhan Roberts (review).Technology and Culture,56(1), pp.281-283. Tang, P. and Bittner, R.B., 2013. Use of value engineering to develop creative design solutions for marine construction projects.Practice Periodical on Structural Design and Construction,19(1), pp.129-136. Wu, T. and Kareem, A., 2013. A nonlinear convolution scheme to simulate bridge aerodynamics.Computers Structures,128, pp.259-271. Yu, Y., Wang, J., Mao, X., Liu, H. and Zhou, L., 2012. Design of a wireless multi-radio-frequency channels inspection system for bridges.International Journal of Distributed Sensor Networks,2012. Zhan, H. and Fang, T., 2012. Flutter stability studies of Great Belt East Bridge and Tacoma Narrows Bridge by CFD numerical simulation. Zhao, X., Gouder, K., Limebeer, D.J. and Graham, J.M.R., 2014, December. Experimental flutter and buffet suppression of a sectional suspended-bridge. In53rd IEEE Conference on Decision and Control(pp. 3197-3202). IEEE.