Compile the Financial Data - Accounting and Finance Assignment Help

Assignment Task:

Task:

4.0 Compile the financial data throughout the five (5) years of the simulation - Years 1-5, data should be graphed yearly as much easier to read. Some monthly data can be added up

Each graph needs a brief explanation of WHY peaks, troughs, growth, decline, etc. occurred.

4.1 Revenue

6.0 Summarise the major changes to the hotel at the end of the simulation - Year 5, data should be graphed by months, graph the same types of figures as you have for the Year 0 overview 3? ?? ???? 5? ???

7.0 Compare the performance of their hotel to current and relevant industry benchmarks sourced through research
7.1 You need to find REAL benchmarks, you cannot create these yourself – these tend to be published by investment/real estate organisations such as Colliers, Savills, Ernst & Young, etc. These organisations gather information about hotels in a particular region and then average them out – this allows a hotel to compare its operations to its competitors. (located in NZ so the bench marks locate in NZ)
7.2 Common hotel benchmarks are ADR, REVPAR & occupancy
7.3 Benchmarks must be recent – should have preferably been published in 2018 or 2019. You must reference the source of the benchmarks (in-text and in your reference list)
7.4 Benchmarks must be relevant to the location of your hotel – i.e. comparing a hotel operating in the Barossa Valley to Sydney-based benchmarks are irrelevant. Try to find benchmarks for the location of your hotel, however if your hotel is not located in a capital city then this may be difficult. In this case compare your hotel to benchmarks for the relevant state, e.g. Barossa Valley is located in South Australia.

7.5 Provide a brief discussion to explain why the differences between your hotel and the benchmarks exist

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