The study is based on secondary data, which was collected from sources, such as the ministry of hospitality and tourism, angola and hotel suppliers of luanda, and interpreted. Also feasibility study allows project manager to determine all positive and. The system aims at the maintenance and management of the different hotels that. Hotel feasibility study, step 1 when planning a new hotel or resort. Feasibility study and construction cost estimation. Market, demand, location analysis, and feasibility study. Information systems analysis and design csc340 2002 jaelson castro and john mylopoulos the feasibility study 2 the feasibility study phase.
The objective is to determine quickly and at the minimum expense how to solve the problem and to. Hotel management system report, ask latest information, abstract, report, presentation pdf,doc,ppt, hotel management system report technology discussion, hotel management do my project work on hotel management. This obviously can limit their competitiveness since customers cannot book for a room from any location by themselves. Short feasibility study for a hotel in the luxury segment. Feasibility study in project management projectcubicle. Business feasibility study outline entrepreneurship and business 185 i entrepreneurship and business innovation the art of successful business startups and business planning alan thompson 2005 what is a feasibility study a business feasibility study can be defined as a controlled process for identifying problems and opportunities, determining. A feasibility study aims to objectively and rationally uncover the strengths and weaknesses of an existing business or proposed venture, opportunities and threats present in the natural environment, the resources required to carry through, and ultimately the prospects for success. Hotel management system hotelier includes all the features required in a hotel management software, hotel extension wise telephone call report. A feasibility study is conducted to understand if the practicality of a proposed project or system is feasible or not. Student housing feasibility study 4 of 50 overview in may 2016, spectrum development solutions was engaged by whatcom community college hereafter also referred to as wcc or the college to conduct a student housing feasibility study, including sites both on and near the existing campus. Unless the hotels owner is ego driven rather than economically motivated, most investors are looking for a return on their invested capital.
Hotel management system feasibility analysis essay 409 words. It gives you and all interested stakeholders such as other investors a much clearer picture regarding the costs involved, whether the return on investment is desirable, and helps in deciding how to proceed. Project proposal presentation of hotel reservation system. The study focuses on the macro and microenvironment of the location of the proposed hotel, the assumed competitive set, the local hotel market, the estimated trading performance of the hotel assuming a position at the very top end of the market. Benefits and costs costbenefit analysis accounting methods comparing alternatives do it. It aims to help reduce document preparation pressures and develop a standard feasibility study document for a business organization. Nov 29, 2012 feasibility study provides the process for this analysis. Study on the importance of feasibility studies has been conducted by wuest et al. Oct 19, 2018 the hotel feasibility study will analyze revenues, expenses, and net income to determine the value of the proposed project compared to its projected development costs. In the 21st century the use of the internet, computers and other electronic devices have made handling different jobs and aspects of management very easy.
Student housing feasibility study 5 of 50 spectrum identified the target market for student housing as full time students who are single with no children, and under age 25. Executive summary hospital management business case is aimed to provide a selfdiagnosis for user staying far from the hospital. Project feasibility study the project feasibility study is created in the initiating process group. If your company is considering developing land for a restaurant and needs to ascertain whether the project is viable, our team at can assist with your property feasibility study. Hospitality feasibility study yellow springs, ohio.
The purpose of this study is to show the implementation of a feasibility study for the hotel project by using political, economic, social and technology pest analysis, porters five forces and. Feasibility study of a medium sized full service hotel in bauchi metropolis, bauchi nigeria proceedings of iser 44th rdinternational conference, dubai, uae, 2nd3 december 2016, isbn. How to test hotel feasibility when designing a hotel, the architect and development team need to create a project that is ultimately economically feasible. Synopsis on hotel management system feasibility study. It aims to evaluate whether the implementation of a boat hotel in luanda would be feasible. Readers often ask for a pdf doc version of any sample feasibility study report. The largely saturated hotel market does not allow for errors anymore.
The feasibility of the system has been done in three types. Pdf feasibility study for fullservice independent hotel. The hotel component of the proposed development will be branded as a full. What are the benefits of conducting a feasibility study. A feasibility study is carried out to select the best system that must performance requirement. Information systems analysis and design csc340 2002 jaelson castro and john mylopoulos the feasibility study 2 the feasibility study. The market feasibility and statements of estimated annual operating results as presented do not constitute an economic feasibility study. A template describing the key sections of a feasibility study. Feasibility study free project management templates. The reason for the evaluation of the planned hotel project is.
The financial projections for the feasibility study provides a description of the financial projections the new initiative is expected to yield versus additional costs. To accomplish this, the hotel or resorts management and staff should focus on the guests perspective of what is important and. This project examines the aspect of the hospitality industry which is hotel management. The study therefore aimed at developing an online hotel reservation system to enable customers book for whatever. Feasibility can be done when the system is to be implemented at a particular site. The software product to be produced is a hospital management system which will automate the major hospital operations. With a userfriendly learning structure containing bullet points, questions and exercises and international case studies australian taxation office, saudi arabian events returns, fujixerox events, events feasibility and development. It gives you and all interested stakeholders such as other investors a much clearer picture regarding the costs involved, whether the return on investment is desirable, and helps in. Management is not excited about this since they are not able to keep proper records or details. Feasibility study proposed alton hotel alton, illinois. A feasibility study for a quickservice restaurant in chengdu, china by hui guo a research paper submitted in partial fulfillment of the requirements for the master of science degree in hospitality and tourism brian bergquist, ph. Feasibility analysis is an analytical program through project manager determines the project success ratio and through feasibility study project manager able to see either project will useful for us or not and how much time, it will take to get completed.
The subject of the feasibility study is a proposed hotel that will be constructed on a yet to be determined site in downtown alton, illinois. Feasibility study for a hotel project in luanda, angola. Hotel management feasibility study microsoft access. Assumptions for the proposed development include the following. The system will have a database of users and employees, and the. A framework for successful developments, is the result of my passion to develop and construct hotels, and was born from a desire to understand the full scope of hotel property development. Training should be necessary for them to use the system efficiently and effectively.
The hotel management company for independent hotels. As you can see, a hotel feasibility study is extensive, and with good reason. Hotel booking software is a complete software suite consisting of integrated modules for various aspects of hotel management. Automating the hotel management system will help in computerizing the whole manual system of service and maintaining the information related to the customer. Feasibility study is a test of a system proposal according to its workability impact on the organization, ability to meet user needs, and effective use of resources.
Technical feasibility study economical feasibility study behavioral feasibility study. Feasibility study feasibility study conducted once the problem is clearly understood. Dec 11, 2016 what is feasibility study and types of feasibility studies. The capacity of hotel operation must fit the location, but above all fit the target groups and market segments. Free download project report school management system source code project report, seminar. System analysis current system recognition of need disadvantages of system proposed solution on system advantages proposed system feasibility study of system technical behavioral economical legal 4. Pennsylvania to conduct a feasibility study of market demand and operating performance associated with the proposed development of a hotelconvention center to be located in downtown lancaster. Feasibility report of database booking system summary this document will discuss the feasibility of developing a new database application system at time 4 childrens centre to better mange the booking and recording of user details. Feasibility studies and important aspect of project management.
This piece of work contains a feasibility study for a hotel project in luanda, angola. A feasibility study for a quickservice restaurant in chengdu. Pdf the purpose of this study is to show the implementation of a feasibility study for the hotel project by using political, economic, social and. In the conduct of feasibility study, three important tests of feasibility were taken. Hotel management system opus open portal to university. Types of feasibility technical economic schedule operational quantifying benefits and costs payback analysis net present value analysis return on investment analysis comparing alternatives university of toronto department of computer science. A feasibility report is a document that details the study of the profitability, feasibility, effectiveness of a proposed investment, and to evaluate the imminent business problem or opportunity. This synopsis is helpful for making a project on hotel management system. This system will indeed help the hotel management and the esteemed staff. Free download school management system project report for bca mca bsc b tech b.
Prefeasibility study on the investment in a new spa. This document helps to ascertain the success of the projects completion. Unless the hotel s owner is ego driven rather than economically motivated, most investors are looking for a return on their invested capital. A feasibility study is an analysis of how successfully a project can be completed, accounting for factors that affect it such as economic, technological, legal and scheduling. Online hotel management system project report with php source code. Users can book rooms from their home by using internet main modules of hotel management system. Spectrum utilized the results of this survey along with the current student demographics and growth estimates to calculate potential demand. The hotel feasibility study will analyze revenues, expenses, and net income to determine the value of the proposed project compared to its projected development costs. This documentation is focus on several phases of feasibility study. Feasibility study for hospital if your company is considering developing land to build a hospital and needs to ascertain whether the project is viable, our team at can assist with your property feasibility study. The employees at dnd building studio units have no experience using an automated hotel management system since they are using manual process in recording and computing data.
Feasibility study for a hotel project in luanda, angola modul. Synopsis on hotel management system free download as word doc. Consisting of lifelong entrepreneurs, lawyers, consultants and business plan writers, our team is dedicated to the success of our clients goal. The feasibility study elaborates a market analysis that comprises the macroeconomic environment of angola and the angolan hotel industry, as well as. The hotel management company was established in 2015 by a group of leading hoteliers from across the sector to directly address these, and to offer a range of relevant, practical, highquality solutions to independent hotel owners, investors, developers and operators with the overriding objective of enabling the maximisation of asset value. I often wondered if there is any such report, which you can consider a general starting point for your work. The project feasibility study provides an overview of the prevalent issues related to a proposed business objective. A feasibility study for a quickservice restaurant in.
Momin mukherjee and sahadev roy, feasibility studies and important aspect of project management, international journal of advanced engineering and management, vol. Therefore, creating a feasibility study report is key to. Sample feasibility study report is one of the most requested items on our site. Working in the hotel development and construction industry, i often contemplated the. Each type features a different angle and conducting all may do well in ensuring all aspects are covered.
Financial projections are one key aspect of new project selection criteria. Evaluating the technical feasibility is the trickiest part of a feasibility study. Nov 19, 20 management information system mis in my words, management information system is a digital, or computer based tool, which provides managers of all levels, as well as regular employees, with information crucial to perform their tasks more effectively. The feasibility study analysis should enable owners to decide whether to manage, lease. Market and financial analysis and projections financial closures by banks or investors. Feasibility study of the system is a very important stage during system design. Essay about feasibility report of database booking system. Department of hospitality management, federal polytechnic, bauchi. A feasibility study is an assessment of the practicality of a proposed project or system. Hotel management feasibility study microsoft access scribd. The purpose of the study is to identify and analyze the critical factors that can assist or hinder the success of a potential. May 01, 20 sample feasibility study report is one of the most requested items on our site. Short feasibility study for a hotel in the luxury segment in.
The proposed project shall be positioned in the upscale market of luanda for a moderate price. The study focuses on the macro and microenvironment of the location of the proposed hotel, the assumed competitive set, the local hotel market, the estimated trading performance of the hotel assuming a. Hotel management or booking system is design to help you manage your booking and use the gathered data in reports to help analyze your marketing and financial results. Users can book rooms from their home by using internet. The site visit and accompanying assessment was critical to the tourism feasibility study because of the need for opinions from experienced and external tourism professionals. What is feasibility study types of feasibility studies. Pdf feasibility studies and important aspect of project. The graduate school university of wisconsinstout june, 2006. Feasibility study is a high level capsule version of the entire system analysis and design process. Components of a feasibility study for a hotel reservation system. The purpose of this report is to determine project parameters and define solutions to the problem that further needs analysis.
1358 57 1445 642 1033 852 1420 1222 805 6 3 383 432 444 378 298 585 180 675 380 1302 1209 193 444 1009 1237 1285 306 1489 732 405