STAR Resort, Taipa, New Zealand is a brand new resort in Taipa, New Zealand which has not been open to the public yet. The beach is on an undeveloped stretch of coastline of Doubtless Bay, Northland, New Zealand. It was build and completed to a 4-star standard and could be modified to a 5-star standard at very little cost. There is a significant piece of land around the resort which is still available for development or it could be used as a garden. The current swimming pool is considered rather small for a 4-star property, and would definitely be too small for a 5-star property. The owner is expecting room rates of around 175 NZD average and an occupancy of 60% which would increase once the resort has gained in popularity. The food and beverage outlet is expected to generate an average income of 500 NZD per day. The Malaysian Berjaya Group of Hotels has appointed you to look at the feasibility of taking over the property and the long term strategic planning. The current owner wants to sell the property as he has run out of money building the resort. The asking price is NZD 7,500,000. Should the Berjaya Group of Hotels purchase the property, they will take care of the financing. Explain based on the point below :- Environmental (ONLY for the location of the resort) - Climate - Other environmental issues (deforestation, rising sea levels, physical waste, water and air pollution etc.) - Natural disasters (These should be BOTH for the location of the resort AND the country as a whole (if applicable)) - Others
STAR Resort, Taipa, New Zealand is a brand new resort in Taipa, New Zealand which has not been open to the public yet. The beach is on an undeveloped stretch of coastline of Doubtless Bay, Northland, New Zealand. It was build and completed to a 4-star standard and could be modified to a 5-star standard at very little cost. There is a significant piece of land around the resort which is still available for development or it could be used as a garden. The current swimming pool is considered rather small for a 4-star property, and would definitely be too small for a 5-star property. The owner is expecting room rates of around 175 NZD average and an occupancy of 60% which would increase once the resort has gained in popularity. The food and beverage outlet is expected to generate an average income of 500 NZD per day. The Malaysian Berjaya Group of Hotels has appointed you to look at the feasibility of taking over the property and the long term strategic planning. The current owner wants to sell the property as he has run out of money building the resort. The asking price is NZD 7,500,000. Should the Berjaya Group of Hotels purchase the property, they will take care of the financing. Explain based on the point below :- Environmental (ONLY for the location of the resort) - Climate - Other environmental issues (deforestation, rising sea levels, physical waste, water and air pollution etc.) - Natural disasters (These should be BOTH for the location of the resort AND the country as a whole (if applicable)) - Others
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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STAR Resort, Taipa, New Zealand is a brand new resort in Taipa, New Zealand which has not been open to the public yet. The beach is on an undeveloped stretch of coastline of Doubtless Bay, Northland, New Zealand. It was build and completed to a 4-star standard and could be modified to a 5-star standard at very little cost. There is a significant piece of land around the resort which is still available for development or it could be used as a garden. The current swimming pool is considered rather small for a 4-star property, and would definitely be too small for a 5-star property. The owner is expecting room rates of around 175 NZD average and an occupancy of 60% which would increase once the resort has gained in popularity.
The food and beverage outlet is expected to generate an average income of 500 NZD per day.
The Malaysian Berjaya Group of Hotels has appointed you to look at the feasibility of taking over the property and the long term strategic planning.
The current owner wants to sell the property as he has run out of money building the resort. The asking price is NZD 7,500,000. Should the Berjaya Group of Hotels purchase the property, they will take care of the financing.
Explain based on the point below :-
Environmental (ONLY for the location of the resort)
- Climate
- Other environmental issues (deforestation, rising sea levels, physical waste, water and air pollution etc.)
- Natural disasters (These should be BOTH for the location of the resort AND the country as a whole (if applicable))
- Others
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