This document provides information on the Luxury Consumer Fund, including performance data, top holdings, geographic and sector distributions, and fund details. Over the past 5 years, the Euro share class has significantly outperformed, returning 102.95%. The fund has 37 positions across apparel, accessories, cosmetics, food/beverage, and other luxury goods companies. Nearly half of the portfolio is invested in European and American companies.
Ageas reported net losses in 2008 and 2011 but net profits in 2009 and 2010. In 2012, Ageas launched a 200 million euro share buy-back program using its 1.3 billion net cash position, as it forecasted future growth in shares and dividends.
Papua New Guinea Agritourism Policy Setting Workshop 2019
Policy setting for Improved Linkages Between Agriculture, Trade and Tourism:
Strengthening the Local Agrifood Sector and Promoting Healthy Food in Agritourism
Workshop organised by the Government of Papua New Guinea
in collaboration with and Pacific Community, CTA, PIPSO, IFAD and SPTO
Port Moresby, Papua New Guinea, 27-28th May 2019.
The Greek Hospitality newsletter of GBR Consulting provides a snapshot of the performance of Greek hotels based on a sample of more than 180 hotels & resorts in Greece. This hotel data is complemented by data from other sources so as to place the Greek hospitality industry in the perspective of Greek tourism and of the International Hospitality Industry.
The document summarizes budgeted receipts for the 2010-2011 fiscal year through April for the City of Gautier's general fund, water and sewer utility, and solid waste fund. It shows that for the general fund, 60% of the annual budget has been received to date, leaving $3.7 million in anticipated receipts. For the water and sewer utility, 52.4% of the annual budget has been received with $3.2 million remaining. The solid waste fund has received 51.6% of its annual budget with nearly $677,000 left in anticipated receipts.
Alabama's DCANP Sustainability Meeting 2011 | District 5JJIE
This document summarizes budget and grant funding information for the Alabama Department of Child Abuse Prevention for fiscal years 2011 and 2012. It shows a reduction in total funding from $8.1 million in FY 2011 to $5.4 million in FY 2012, a decrease of $2.7 million. Several specific grants and funding sources saw reductions. As a result of these funding cuts, the number of children and families served decreased from 4,305 in 2010 to 2,357 in 2011-2012. Several specific prevention programs were affected by the funding reductions and diminished capacity. The document raises questions about how to support existing programs and services in light of these cuts and loss of capacity.
1. The Financial Services Authority and Serious Organised Crime Agency arrested 7 bankers from a South-London insider trading ring who used leaked information between 2007-2009 to profit from major capital raises by Barclays, Mitsui Banking Corporation, Segro, and Taylor Wimpey.
2. The Royal Bank of Scotland, owned 84% by taxpayers, unveiled a rescue plan to issue up to £15 billion in new debt securities, cash, and equities to bondholders to replace existing debts and increase its capital buffer against future losses.
3. Greece's incorrect deficit reporting to the EU put pressure on the euro currency, dividing the French and German governments on how to resolve the issue, with Germany
1. The Financial Services Authority and Serious Organised Crime Agency arrested 7 bankers from a South-London insider trading ring who used inside information between 2007-2009 to profit from major capital raises by Barclays, Mitsui Banking Corporation, Segro, and Taylor Wimpey.
2. The Royal Bank of Scotland, owned 84% by taxpayers, unveiled a rescue plan to issue up to £15 billion in new debt securities, cash, and equities to bondholders to replace existing debts and increase its core capital by £1-1.5 billion.
3. Greece's incorrect deficit reporting to the EU put pressure on the euro currency, dividing the French and German governments on how to resolve
This document provides information on the Luxury Consumer Fund, including performance data, top holdings, geographic and sector distributions, and fund details. Over the past 5 years, the Euro share class has significantly outperformed, returning 102.95%. The fund has 37 positions across apparel, accessories, cosmetics, food/beverage, and other luxury goods companies. Nearly half of the portfolio is invested in European and American companies.
Ageas reported net losses in 2008 and 2011 but net profits in 2009 and 2010. In 2012, Ageas launched a 200 million euro share buy-back program using its 1.3 billion net cash position, as it forecasted future growth in shares and dividends.
Papua New Guinea Agritourism Policy Setting Workshop 2019
Policy setting for Improved Linkages Between Agriculture, Trade and Tourism:
Strengthening the Local Agrifood Sector and Promoting Healthy Food in Agritourism
Workshop organised by the Government of Papua New Guinea
in collaboration with and Pacific Community, CTA, PIPSO, IFAD and SPTO
Port Moresby, Papua New Guinea, 27-28th May 2019.
The Greek Hospitality newsletter of GBR Consulting provides a snapshot of the performance of Greek hotels based on a sample of more than 180 hotels & resorts in Greece. This hotel data is complemented by data from other sources so as to place the Greek hospitality industry in the perspective of Greek tourism and of the International Hospitality Industry.
The document summarizes budgeted receipts for the 2010-2011 fiscal year through April for the City of Gautier's general fund, water and sewer utility, and solid waste fund. It shows that for the general fund, 60% of the annual budget has been received to date, leaving $3.7 million in anticipated receipts. For the water and sewer utility, 52.4% of the annual budget has been received with $3.2 million remaining. The solid waste fund has received 51.6% of its annual budget with nearly $677,000 left in anticipated receipts.
Alabama's DCANP Sustainability Meeting 2011 | District 5JJIE
This document summarizes budget and grant funding information for the Alabama Department of Child Abuse Prevention for fiscal years 2011 and 2012. It shows a reduction in total funding from $8.1 million in FY 2011 to $5.4 million in FY 2012, a decrease of $2.7 million. Several specific grants and funding sources saw reductions. As a result of these funding cuts, the number of children and families served decreased from 4,305 in 2010 to 2,357 in 2011-2012. Several specific prevention programs were affected by the funding reductions and diminished capacity. The document raises questions about how to support existing programs and services in light of these cuts and loss of capacity.
1. The Financial Services Authority and Serious Organised Crime Agency arrested 7 bankers from a South-London insider trading ring who used leaked information between 2007-2009 to profit from major capital raises by Barclays, Mitsui Banking Corporation, Segro, and Taylor Wimpey.
2. The Royal Bank of Scotland, owned 84% by taxpayers, unveiled a rescue plan to issue up to £15 billion in new debt securities, cash, and equities to bondholders to replace existing debts and increase its capital buffer against future losses.
3. Greece's incorrect deficit reporting to the EU put pressure on the euro currency, dividing the French and German governments on how to resolve the issue, with Germany
1. The Financial Services Authority and Serious Organised Crime Agency arrested 7 bankers from a South-London insider trading ring who used inside information between 2007-2009 to profit from major capital raises by Barclays, Mitsui Banking Corporation, Segro, and Taylor Wimpey.
2. The Royal Bank of Scotland, owned 84% by taxpayers, unveiled a rescue plan to issue up to £15 billion in new debt securities, cash, and equities to bondholders to replace existing debts and increase its core capital by £1-1.5 billion.
3. Greece's incorrect deficit reporting to the EU put pressure on the euro currency, dividing the French and German governments on how to resolve
The document summarizes a case study on the merger between Vivendi and Seagram. It provides details on:
1) Vivendi originally started as a water company that was transformed into a multimedia conglomerate by Jean-Marie Messier.
2) Seagram was a global beverage and entertainment company based in Montreal.
3) Jean-Marie Messier's aggressive acquisition strategy based on debt led to integration challenges and ultimately the failure of the merger due to huge debt levels and doubts around Vivendi's accounting.
BANADECSA is Europe's top banana exporter and is gearing up for another productive year. While it has seen steady growth over the past decade, growth has slowed in recent years due to roadblocks from the European Union's agriculture policies. However, the CEO believes finalizing new trade agreements with the EU will allow them to return to past growth levels. Additionally, the company is partnering with China and welcoming new business alliances to further expand internationally as Ecuador's economy blossoms.
Greek Public Debt Crisis and Options for a SolutionPhilip Ammerman
Navigator Consulting Group Ltd. presented its economic forecast for Greece and its scenarios for the public debt crisis at a conference organised by the Open University of Catalonia and AENI on May 25-27, 2011.
The theme of the conference was to review the present status of the European public finance crisis and to examine its likely future repercussions and potential solutions.
Navigator’s Hellenic Debt Forecast provides an integrated model for assessing central government debt, tax revenue and expenditure, interest costs, total debt and debt service costs. It is one of the most comprehensive such models available, and is continually updated to reflect the current situation in the country.
Vivendi Universal reported record losses of €23.3 billion for 2001-2002 due to acquisitions made by then-CEO Jean-Marie Messier that ultimately led the company near bankruptcy. Messier had a vision to transform the formerly utility-focused Vivendi into a global media giant but his numerous acquisitions accumulated huge debt and hid liquidity problems, forcing his resignation in July 2002 and dooming his vision.
This document summarizes a presentation on the Philippines' economy in 2009. It outlines the Philippines' advantages for investment including consumption-based growth, focus on human capital, and current account surplus. It also examines vulnerabilities like export exposure and infrastructure gaps. The presentation discusses the Philippines' investment appeal, infrastructure projects pipeline, fiscal challenges, macroeconomic risks, and long-term vision to transition to an advanced economy through investment in education, technology, and research.
TAS Inhouse Presentation round 2014. A case study on French Conglomerate Vivendi and its transformation over the years in the context of financials and Leadership.
Visit www.tas2014.wordpress.com for more updates on TAS process
Crédit Agricole 2016 - Financial objectives of Crédit Agricole Group and Créd...Groupe Crédit Agricole
The medium-term plan income estimations are made in a still fragile economic context but reflecting a progressive normalisation of the situation in the eurozone. They are based on the proven resilience of the retail banking and savings management and insurance businesses and a rebound of business lines that have been adjusted to the new environment resulting from the 2011 crisis.
Three areas for improvement underpin the medium-term plan:
Financial efficiency with moderate overall revenue targets for Crédit Agricole S.A. but targeted growth according to each business.
Operational efficiency with a cost savings plan to support a cost/income target of below 60% for Crédit Agricole Group and below 64% for Crédit Agricole S.A.
Continued decrease in the cost of risk, driven by good asset quality and normalisation of the situation in Italy.
The capital management policy is forward-looking, with a continued strengthening of the Regional Banks' capital, Crédit Agricole S.A.'s target fully loaded CET1 ratio exceeding 9.5% as soon as 2015 and reaching 10.5% at end-2016 i.e. a leeway of about 100 bp (or more than €3 billion).
It's been said that everyone in the world has a twin. Well, the folks at Hill Holliday are no exception. Take a look at our recent "Separated At Birth."
FGD adalah teknik pengumpulan data kualitatif yang digunakan untuk memahami sikap, keyakinan, dan istilah yang biasa digunakan oleh peserta melalui diskusi kelompok terarah. Tujuan FGD adalah untuk menghindari pemaknaan salah dari peneliti dan menarik kesimpulan makna intersubjektif yang sulit dipahami sendiri oleh peneliti. FGD melibatkan peserta dengan ciri yang sama yang tidak saling mengenal dalam disk
Após o acidente nuclear que levou a uma evacuação (quase) total, dois homens decidiram ficar para trás e tomar conta de todos os animais que foram subitamente abandonados. https://www.mundodosanimais.pt/
VMware Certified Professional 5 - Data Center Virtualization certificate (1)Dmytro Neporozhnii
This document contains a date from 2014, a string of numbers and letters that appears to be an identification code, another date from 2016, and a name. In a few short sentences, it provides various pieces of information but without additional context it is difficult to determine their significance or relationship to one another.
The document summarizes key components of Hadoop including:
1) The NameNode, located on the master node, stores metadata for HDFS such as file locations and attributes.
2) DataNodes, located on slave nodes, store and retrieve data blocks.
3) The JobTracker, located on the master node, schedules jobs and assigns tasks to TaskTrackers on slave nodes.
1. Measuring customer experience is important for business performance but companies struggle with accurately measuring social media sentiment and linking it to real business outcomes like sales and ROI.
2. The Social Engagement Index (SEI) uses stance-shift analysis to more accurately analyze social media conversations and has shown strong correlations between social media sentiment measured by SEI and sales for various brands.
3. Case studies demonstrate how SEI analysis can provide insights into key drivers of customer experience for different types of companies and inform marketing strategies to improve sales and ROI.
10th Global RCE Conference - Reflections and Action PointsHanna Stahlberg
The document outlines three strategic directions that were discussed at the 10th Global RCE Conference in Yogyakarta, Indonesia from November 23-25, 2016. The directions are: 1) Strengthening governance and coordination within the RCE community to facilitate learning and action. 2) Enhancing the capacity of local and regional stakeholders to contribute to sustainable development initiatives through courses, evaluation, training and ICT. 3) Strengthening the impact of sustainable development and education for sustainable development actions by linking local debates and processes to international platforms through codifying experiences, engaging with policy processes, and promoting the RCE community concept of a Global Learning Space.
Dokumen tersebut membahas tentang Arthropoda, yaitu kelompok hewan yang dicirikan dengan kaki berbuku-buku atau beruas. Arthropoda merupakan kelompok hewan yang paling berhasil mengembangkan jenisnya dan mendominasi jumlah hewan di bumi. Dokumen tersebut juga menjelaskan ciri-ciri, sistem tubuh, proses pertumbuhan, klasifikasi, dan peran Arthropoda bagi manusia.
Ozone is a highly reactive gas that is effective at eliminating microorganisms. It can be used to disinfect water, surfaces, air, equipment and more. Some key advantages of ozone include that it leaves no chemical residues, requires no rinsing, and reduces energy costs compared to other disinfection methods. The document provides several examples of how ozone is used for disinfection in winemaking and food processing applications such as treating tanks, barrels, bottling machines, grapes, air, and waste water. It also outlines safety considerations for using ozone.
Ligji per vleresimin e ndikimit ne mjedis te projekteve e pjesemarrja e publi...Arta Alla
Ky prezantim ben nje permbledhje te ligjit te VNM-se Nr. 10 440, datë 7.7. 2011 ”Për Vlerësimin e Ndikimit në Mjedis”. Nje fukus i vecante i kushtohet pjesemarrjes se publikut ne procesin e VNM-se
The document summarizes a case study on the merger between Vivendi and Seagram. It provides details on:
1) Vivendi originally started as a water company that was transformed into a multimedia conglomerate by Jean-Marie Messier.
2) Seagram was a global beverage and entertainment company based in Montreal.
3) Jean-Marie Messier's aggressive acquisition strategy based on debt led to integration challenges and ultimately the failure of the merger due to huge debt levels and doubts around Vivendi's accounting.
BANADECSA is Europe's top banana exporter and is gearing up for another productive year. While it has seen steady growth over the past decade, growth has slowed in recent years due to roadblocks from the European Union's agriculture policies. However, the CEO believes finalizing new trade agreements with the EU will allow them to return to past growth levels. Additionally, the company is partnering with China and welcoming new business alliances to further expand internationally as Ecuador's economy blossoms.
Greek Public Debt Crisis and Options for a SolutionPhilip Ammerman
Navigator Consulting Group Ltd. presented its economic forecast for Greece and its scenarios for the public debt crisis at a conference organised by the Open University of Catalonia and AENI on May 25-27, 2011.
The theme of the conference was to review the present status of the European public finance crisis and to examine its likely future repercussions and potential solutions.
Navigator’s Hellenic Debt Forecast provides an integrated model for assessing central government debt, tax revenue and expenditure, interest costs, total debt and debt service costs. It is one of the most comprehensive such models available, and is continually updated to reflect the current situation in the country.
Vivendi Universal reported record losses of €23.3 billion for 2001-2002 due to acquisitions made by then-CEO Jean-Marie Messier that ultimately led the company near bankruptcy. Messier had a vision to transform the formerly utility-focused Vivendi into a global media giant but his numerous acquisitions accumulated huge debt and hid liquidity problems, forcing his resignation in July 2002 and dooming his vision.
This document summarizes a presentation on the Philippines' economy in 2009. It outlines the Philippines' advantages for investment including consumption-based growth, focus on human capital, and current account surplus. It also examines vulnerabilities like export exposure and infrastructure gaps. The presentation discusses the Philippines' investment appeal, infrastructure projects pipeline, fiscal challenges, macroeconomic risks, and long-term vision to transition to an advanced economy through investment in education, technology, and research.
TAS Inhouse Presentation round 2014. A case study on French Conglomerate Vivendi and its transformation over the years in the context of financials and Leadership.
Visit www.tas2014.wordpress.com for more updates on TAS process
Crédit Agricole 2016 - Financial objectives of Crédit Agricole Group and Créd...Groupe Crédit Agricole
The medium-term plan income estimations are made in a still fragile economic context but reflecting a progressive normalisation of the situation in the eurozone. They are based on the proven resilience of the retail banking and savings management and insurance businesses and a rebound of business lines that have been adjusted to the new environment resulting from the 2011 crisis.
Three areas for improvement underpin the medium-term plan:
Financial efficiency with moderate overall revenue targets for Crédit Agricole S.A. but targeted growth according to each business.
Operational efficiency with a cost savings plan to support a cost/income target of below 60% for Crédit Agricole Group and below 64% for Crédit Agricole S.A.
Continued decrease in the cost of risk, driven by good asset quality and normalisation of the situation in Italy.
The capital management policy is forward-looking, with a continued strengthening of the Regional Banks' capital, Crédit Agricole S.A.'s target fully loaded CET1 ratio exceeding 9.5% as soon as 2015 and reaching 10.5% at end-2016 i.e. a leeway of about 100 bp (or more than €3 billion).
It's been said that everyone in the world has a twin. Well, the folks at Hill Holliday are no exception. Take a look at our recent "Separated At Birth."
FGD adalah teknik pengumpulan data kualitatif yang digunakan untuk memahami sikap, keyakinan, dan istilah yang biasa digunakan oleh peserta melalui diskusi kelompok terarah. Tujuan FGD adalah untuk menghindari pemaknaan salah dari peneliti dan menarik kesimpulan makna intersubjektif yang sulit dipahami sendiri oleh peneliti. FGD melibatkan peserta dengan ciri yang sama yang tidak saling mengenal dalam disk
Após o acidente nuclear que levou a uma evacuação (quase) total, dois homens decidiram ficar para trás e tomar conta de todos os animais que foram subitamente abandonados. https://www.mundodosanimais.pt/
VMware Certified Professional 5 - Data Center Virtualization certificate (1)Dmytro Neporozhnii
This document contains a date from 2014, a string of numbers and letters that appears to be an identification code, another date from 2016, and a name. In a few short sentences, it provides various pieces of information but without additional context it is difficult to determine their significance or relationship to one another.
The document summarizes key components of Hadoop including:
1) The NameNode, located on the master node, stores metadata for HDFS such as file locations and attributes.
2) DataNodes, located on slave nodes, store and retrieve data blocks.
3) The JobTracker, located on the master node, schedules jobs and assigns tasks to TaskTrackers on slave nodes.
1. Measuring customer experience is important for business performance but companies struggle with accurately measuring social media sentiment and linking it to real business outcomes like sales and ROI.
2. The Social Engagement Index (SEI) uses stance-shift analysis to more accurately analyze social media conversations and has shown strong correlations between social media sentiment measured by SEI and sales for various brands.
3. Case studies demonstrate how SEI analysis can provide insights into key drivers of customer experience for different types of companies and inform marketing strategies to improve sales and ROI.
10th Global RCE Conference - Reflections and Action PointsHanna Stahlberg
The document outlines three strategic directions that were discussed at the 10th Global RCE Conference in Yogyakarta, Indonesia from November 23-25, 2016. The directions are: 1) Strengthening governance and coordination within the RCE community to facilitate learning and action. 2) Enhancing the capacity of local and regional stakeholders to contribute to sustainable development initiatives through courses, evaluation, training and ICT. 3) Strengthening the impact of sustainable development and education for sustainable development actions by linking local debates and processes to international platforms through codifying experiences, engaging with policy processes, and promoting the RCE community concept of a Global Learning Space.
Dokumen tersebut membahas tentang Arthropoda, yaitu kelompok hewan yang dicirikan dengan kaki berbuku-buku atau beruas. Arthropoda merupakan kelompok hewan yang paling berhasil mengembangkan jenisnya dan mendominasi jumlah hewan di bumi. Dokumen tersebut juga menjelaskan ciri-ciri, sistem tubuh, proses pertumbuhan, klasifikasi, dan peran Arthropoda bagi manusia.
Ozone is a highly reactive gas that is effective at eliminating microorganisms. It can be used to disinfect water, surfaces, air, equipment and more. Some key advantages of ozone include that it leaves no chemical residues, requires no rinsing, and reduces energy costs compared to other disinfection methods. The document provides several examples of how ozone is used for disinfection in winemaking and food processing applications such as treating tanks, barrels, bottling machines, grapes, air, and waste water. It also outlines safety considerations for using ozone.
Ligji per vleresimin e ndikimit ne mjedis te projekteve e pjesemarrja e publi...Arta Alla
Ky prezantim ben nje permbledhje te ligjit te VNM-se Nr. 10 440, datë 7.7. 2011 ”Për Vlerësimin e Ndikimit në Mjedis”. Nje fukus i vecante i kushtohet pjesemarrjes se publikut ne procesin e VNM-se
Maus tratos aos animais é definido como submeter um animal à castigos imoderados, privação de alimentos e cuidados, colocando em risco sua vida ou saúde. Exemplos incluem abandonar, espancar, manter preso ou em locais anti-higiênicos, e não providenciar água, comida ou cuidados médicos. A lei federal brasileira prevê penas de detenção e multa para quem praticar atos de abuso ou maus-tratos contra animais.
The document outlines 8 reasons for learning digital marketing. It states that digital marketing requires less technical knowledge than other fields, digital is a growing industry, and digital marketing is the future. It also discusses how digital marketing can help sales and marketing professionals reach more people, is an in-demand career field, and is more cost effective than traditional marketing methods. Finally, it notes that integrated marketing is needed and digital skills are important for personal branding.
This document provides an overview of the Flavor Hotel & Resort business plan. It begins with background on the growth of the Caribbean hospitality industry. It then introduces the Flavor management team and product. The strategic vision is to create a unique hotel concept that capitalizes on the growing Caribbean tourism industry. Key strategies include targeting families and developing distinctive amenities. The business plan then covers marketing, human resources, IT, and finance strategies. It concludes with a SWOT analysis and references.
This document is an investor presentation for Sanctuary Beach Resort. It provides an overview of Hersha Hospitality Trust's portfolio recovery through August 2022, continued property cash flow growth, accelerated corporate cash flow, investment thesis focusing on luxury and lifestyle assets in key markets, major capital projects completion, long-term margin growth opportunities, pro forma capitalization reflecting debt reduction through asset sales, and interest savings from a new credit facility.
St. Vincent & the Grenadines (ECCU)– Currency Forecast Reportvivekmsk29
St. Vincent & the Grenadines is a member of the Organization of the Eastern Caribbean States and the eight of the nine member states of the OECC have adopted the East Caribbean Dollar as (XCD) as their common currency. Hence the currency of Grenadines & St. Vincent is also the East Caribbean Dollar (XCD). The XCD has been pegged to the United States Dollar (USD) since July 7, 1976 and the pegged exchange rate is 1 USD = 2.70 XCD.
I expect that 1 USD = 2.70 XCD peg will be maintained for the forecasted period up to 2015
This document summarizes a $500 million catastrophe bond issued by FloodSmart Re Ltd. to provide reinsurance to the Federal Emergency Management Agency (FEMA) and the National Flood Insurance Program (NFIP) it administers. The bond has an indemnity trigger and covers flood losses from named storms over a three year period in the United States. Payouts are determined based on actual flood losses to the NFIP as assessed by modeling firm KatRisk. This represents the largest catastrophe bond ever issued to provide reinsurance to a government entity for flood risk.
Stephon Grey is a Certified Fraud Examiner and Certified Internal Control Auditor who works as an independent forensic consultant throughout the Caribbean. He serves as the Director of Education for the Caribbean Institute of Forensic Accounting and teaches forensic accounting. Some of his notable past assignments include investigating fraud at a UK oil and gas company, a collapsed stadium project in Grenada, and a $60 million fraud case in Trinidad and Tobago. He has experience conducting investigations, audits, and training for various government and private organizations across the Caribbean and beyond.
Jp morgan hy conference presentation february 2016 v-fAnteroResources
The document discusses forward-looking statements regarding Antero Resources Corporation's expectations, beliefs, anticipations and projections. It notes that actual results could differ materially from what is presented due to assumptions, risks, and uncertainties. It also cautions that the forward-looking statements are subject to risks related to oil and gas exploration, development, production, and other operational risks that could affect actual future results.
This document summarizes key findings from a study on distribution channels in the US hotel industry. Some of the main points include:
- Hotel demand in the US is generally price inelastic, so lowering prices does not usually lead to enough new demand to offset the lost revenue. However, lowering prices could work at the individual hotel level.
- The US hotel market operates largely as a zero-sum game with limited overall demand growth, so claims of new demand from distribution channels are often unrealistic. Channels are better at shifting existing demand between competitors.
- Distribution costs have been rising as intermediaries take a larger share of bookings and impose additional fees. This will challenge hotels to maintain profit levels as rates become more
Running head FINANCIAL PERFORMANCE CITY OF DORAL .docxkathyledlow2rr
Running head: FINANCIAL PERFORMANCE CITY OF DORAL 1
FINANCIAL PERFORMANCE CITY OF DORAL 3
Financial Performance City of Doral
Name
Institutional Affiliation
Financial Performance City of Doral
History of City of Doral
Two real estate developers called Doris and Alfred Kaskel who bought 2400 acres of land in late 1950s established City of Doral in the state of Florida. The land was swampy between NW 36 and 74 streets and from NW 79 to NW 117 avenues; they bought the land for $ 49,000 with the aim of building a hotel and a golf course. The Kaskel’s constructed the Carillon Hotel and Doral Beach Hotel on Miami Beach. On the bought land, they constructed a country club and established a hotel, which they named as Doral, which is a combination of their names. So guests at the Miami Beach would be transported to the country club, which featured blue, red and par 3 golf courses. Among the events that were hosted at the country club was Florida’s major PGA event, which was the first Doral Open Invitational (City of Doral, 2020). Subsequently, guests frequented the hotels and the country club.
Between 1980 and 2000, Doral’s grandson called Bill built Doral estates and engaged in a joint venture to build the Doral park. Because of building the estate, younger families flooded the area for shopping sprees because the area had not parks, stores, or schools. The tenants and buyers of the Doral estate came together as a community; whereas there were no traffic problems the rapid construction of the estate and the attraction of many buyers and tenants due to the low cost led the county to impose a building moratorium (City of Doral, 2020). The high population and lack of amenities led to increase in the cost of services. The community in the area established a West Dade Federation of Homeowner Associations in 1989 to safeguard the welfare of the community. As a result of the federations’ effort, there was establishment of police station, lighting, landscaping and roads in the area.
Over time, the ownership of Doral country club and hotel changes when Donald Trump bought the club in 2012 for $150 million. Due to change in ownership, the name of the club changed to Trump National Doral Gold Club. The reputation of the club for its golf courses continued and expanded internationally; for example, the Blue Monster continued to host PGA Tour Tournament until 2016. Apparently, the City of Doral attracts many companies, families, businesses and retires (City of Doral, 2020). Between 2010 and 2016, the population of City of Dorol increased by 26.1% by 12,000 people to 58,000 residents. When the city incorporated in 2003, the population was 22,709, which is half its current population (Madan, 2017).
Financial Developments since 2014
During the last four years, the City of Doral experienced increased construction of buildings and gro.
The document summarizes the economic base of Cape Cod and the surrounding islands. It states that more than half of the region's economic base depends on tourism, retirees, and second home owners. While Cape Cod has diversified more, the economies of Martha's Vineyard and Nantucket remain highly dependent on tourism and are therefore more volatile. The top industries supporting the region's economy are tourists and seasonal residents, retirees, business services, and commuters.
Starwood has a first-mover advantage in the Middle East region due to its five decades of experience operating hotels. It currently has 79 hotels totaling over 22,000 rooms across 13 countries in the region. The Middle East is experiencing strong economic growth and increasing tourism as populations grow and diversify. Starwood is well-positioned to capitalize on the region's dynamics with its diverse portfolio of brands and pipeline hotels in high-growth markets like the UAE and KSA.
The document summarizes Bermuda's tourism industry trends from 1980-2013 and initiatives to revive tourism growth. Key points:
- Visitor numbers, spending, tax revenue, and employment all declined dramatically from 1990-2013.
- Cruise visitors comprise most visitors but spend far less than air arrivals. Initiatives aim to increase both.
- Employment in tourism declined nearly 50% since 1990, though other sectors grew.
- Recent years saw small increases in arrivals, occupancy rates, and room prices.
- The new Bermuda Tourism Authority aims to shift marketing strategies to build year-round demand and increase air arrivals.
- Planned hotel developments and an airport redevelopment aim to boost room capacity
This document summarizes trends in the wealth management industry from 2010-2014. It finds that the number and wealth of high-net-worth individuals will continue growing significantly in coming years, especially in Asia, the Middle East, and Latin America. It also reports that new clients in this decade will increasingly demand international investment strategies and holistic family advisory services. The document recommends that financial professionals develop well-rounded international experience and perspectives to best serve the needs of these new high-net-worth clients.
The document summarizes information about the San Antonio Hotel & Lodging Association (SAHLA) and the hotel and tourism industry in San Antonio. SAHLA works to promote the hotel industry, support the local community, and grow tourism. Tourism has a large economic impact on San Antonio, generating billions in sales and supporting thousands of jobs. SAHLA provides educational assistance to students and charitable support to local organizations. The hotel industry in San Antonio continues to grow with new hotels planned and expansions underway.
Entertainment Industry Financial Incentive Annual Report 2011 2012Greg Ungru
The document provides an overview and annual performance report of Florida's Entertainment Industry Financial Incentive Program for fiscal years 2011-2012. It summarizes that the program has certified 230 productions with projected Florida expenditures of $1.3 billion and wages for Floridians of $760 million associated with 161,000 positions. In 2011-2012, 169 certified productions either completed or were awarded tax credits totaling projected outcomes of $309 million in wages for 68,183 Floridian positions. Examples of the economic impact of productions like "Dolphin Tale" on tourism and communities are also provided.
Here is an simple presentation put together by Dipika, a member of FCN. This presentation straight talks about different issues related to this stadium issue. The purpose of this presentation (or slides) is to inform people who are new to this issue to get up to speed on all the different impacts. The very same impacts that the A's, Lew Wolff/Keith Wolff, the developers, the Mayor the City Council are not really talking about.
Surprised? Ask them next time you see them! Demand the Truth!
This presentation includes facts and information based on studying the NOP, Proposals, books, attend A's meetings, talking to Industry experts and economists. Please view the slides (self-explanatory) at your own pace.
The document provides an overview of forward-looking statements and assumptions regarding Antero Midstream Partners LP and Antero Resources Corporation. It summarizes that any projections are based on certain assumptions and are subject to risks and uncertainties that could cause actual results to differ materially. Our ability to make future distributions is substantially dependent on Antero Resources' development plan, which itself depends on its board's annual approval of the capital budget considering expected commodity prices, contractual obligations, and capital resources at that time.
The document provides an overview of forward-looking statements and assumptions regarding Antero Midstream Partners LP and Antero Resources Corporation. It summarizes that any projections are based on certain assumptions and are subject to risks and uncertainties that could cause actual results to differ materially. Our ability to make future distributions is substantially dependent on Antero Resources' development plan, which itself depends on its board's annual approval of the capital budget considering expected commodity prices, contractual obligations, and capital resources at that time.
This document analyzes drivers of customer churn in the wireless telecom industry. It finds that network message advertising is more effective at reducing churn than non-network messages. Higher competitive advertising from companies like Beta Corp increases Alpha Mobility's churn. The analysis models churn based on media variables and finds an optimized media mix and execution level that could reduce Alpha's churn by 0.4 basis points. Key insights include network messages being more effective at reducing churn, some markets being more impacted by media than others, and non-network executions having a stronger unfavorable impact on churn than network executions.
This document discusses measuring and improving ad effectiveness by incorporating copy test scores into marketing mix models. It proposes that Bottom Line Analytics and Global Analytics Partners have partnered with Advertising Benchmark to bring disruptive change by combining copy test scoring with predictive analytics and marketing mix modeling. This would allow advertisers to monetize and measure the impact of ad creative, get a 360 degree view of effectiveness, and improve ads over time based on validated brand revenue.
This document discusses measuring the long-term effects of advertising for the brand Alpha. It finds that long-term ad effects account for 23% of Alpha's annual sales and are 15 times greater than short-term ad effects. Improved ad creative has helped boost long-term effects and Alpha's sales growth. A model found advertising returns of $2.7 million compared to a loss of $100k if only considering short-term effects, suggesting under-investment in advertising.
Radial Landscape Mapping is a new statistical technique for perceptual mapping that displays brand attributes and consumer perceptions of brands in a radial map format. This overcomes limitations of traditional 2D perceptual maps which can be cluttered and difficult to interpret. The radial format arranges brand attributes around the perimeter and positions brands inside based on their associations. Several examples are provided of how Radial Landscape Maps can be used to analyze brand positioning for industries such as restaurants, detergents, beverages, and more. Moving forward, the technique can help companies develop branding strategies through comparative analysis of consumer perceptions.
The document discusses sales optimization strategies used by an ACPG major company that sells over 200 SKUs to small retail stores. It implemented analytics to (1) reduce order time by prioritizing high probability SKUs, (2) increase average SKUs sold per visit, and (3) increase invoice values. The strategies included store segmentation, logistic regression models to predict focus SKU purchases, and a "heat map" showing past SKU purchases. An algorithm combining these strategies customized SKU lists for each store. This led to a 20% reduction in order time, 8% higher sales values, and 20% more SKUs sold on average per visit, along with increased margins from focus product sales.
This document outlines a 6-step process for making more profitable pricing decisions using analytics. The steps include: 1) Assessing the business situation and setting yield objectives. 2) Conducting analytics to model own-brand and competitive price elasticities. 3) Assessing the risk of competitive response. 4) Generating pricing scenarios and planning timing. 5) Summarizing key pricing principles. 6) Optimizing profit yield. The goal is to provide managers with tools to estimate the sales, revenue and profit impacts of pricing actions, better understand competitor behavior, and make pricing decisions that maximize profits.
The document discusses budget optimization for a CPG client's marketing mix. Using techniques like non-linear programming and time series regression, the budgets were optimized to reallocate funds from less productive elements like TV, print and radio towards more productive digital, BTL, trade promotions and consumer promotions. This resulted in a 10% lift in sales for the same overall budget. After accounting for other variables, the optimization translated to a 3% lift in overall sales.
Integrates brand track scores with sales in a marketing mix modelling based technique. Optimizes media usage to longer term brand equity growth as opposed to only sales.
Marketing attribution is complex due to multiple variables that influence sales over various time periods through direct and indirect relationships. New analytical techniques can help determine the contributions, effects, and returns of different marketing investments and combinations over the short, medium and long term. These include vector auto regression, dynamic linear models, and nonlinear programming. Accurately measuring attribution allows for optimizing media spending and understanding price elasticity and copy testing results.
Alpha Construction Group commissioned Global Analytics Partners to develop a housing components demand forecast model and interactive tool. The model covers monthly demand from 2009 to present using five drivers: recurring seasonality, housing starts, home remodeling spending, order backlog, and price to customer. The tool accurately forecasts sales with 93% accuracy. For 2015, the model predicts 7.2% demand growth based on modest growth in key drivers and flat pricing, compared to 3.1% growth in 2014. Remodeling spending, seasonality, and housing starts are the most important drivers of monthly demand. The interactive forecasting tool allows clients to simulate forecasts based on changes to model drivers.
The document provides analysis from a customer segmentation case study and conjoint study for a new home beverage appliance product. Key findings include:
1) Two customer segments - "Life-of-the-Party Sam" and "Techie Party Hostess Soccer-Mom" - showed the highest purchase intent for the product and represent 77% of the estimated market potential.
2) Owners of other beverage appliances like SodaStream had significantly higher purchase intent for the new product compared to others.
3) Projections estimate 695,000 appliances and 456 million drink pods would be sold annually at a $179 price point.
Relationship between Paid, Owned and Earned in the marketing ecosystem. Describes the new consumer path to purchase while keeping all influences in view
The document discusses innovations in marketing effectiveness measurement by Global Analytics Partners. It provides examples of projects where they developed models to measure ROI for various companies' marketing initiatives. These include quantifying the impact of iPhone launch for AT&T, optimizing ad spend for Splenda, and measuring drivers of hotel satisfaction for TripAdvisor. It also discusses measuring long-term advertising effects, marketing synergies between channels, quantifying social media engagement through a Social Engagement Index, and using this data to simulate marketing mix scenarios.
Open Source Contributions to Postgres: The Basics POSETTE 2024ElizabethGarrettChri
Postgres is the most advanced open-source database in the world and it's supported by a community, not a single company. So how does this work? How does code actually get into Postgres? I recently had a patch submitted and committed and I want to share what I learned in that process. I’ll give you an overview of Postgres versions and how the underlying project codebase functions. I’ll also show you the process for submitting a patch and getting that tested and committed.
We are pleased to share with you the latest VCOSA statistical report on the cotton and yarn industry for the month of March 2024.
Starting from January 2024, the full weekly and monthly reports will only be available for free to VCOSA members. To access the complete weekly report with figures, charts, and detailed analysis of the cotton fiber market in the past week, interested parties are kindly requested to contact VCOSA to subscribe to the newsletter.
4th Modern Marketing Reckoner by MMA Global India & Group M: 60+ experts on W...Social Samosa
The Modern Marketing Reckoner (MMR) is a comprehensive resource packed with POVs from 60+ industry leaders on how AI is transforming the 4 key pillars of marketing – product, place, price and promotions.
1. 1
Economic Impact Case Study
Estimating the Economic Cost due to the BP Oil Spill of
2010 to Grande Isle and Laffite Louisiana
New Developments in Measurement and Analytics
2. 2
Principals and Team
John C. Crotts, Ph. D., is a Professor and former founding director
then chair of in the Department of Hospitality and Tourism
Management in the School of Business at the College of
Charleston. Between 2001-2009 Dr. Crotts was recognized by
Pearce as one of the 10 most influential scholars in tourism,
marketing and psychology. John serves a EVP of Development
for Bottom-Line Analytics LLC and leader in the area of tourism
research and analytics. John has a doctorate from the University of
Oregon.
Michael Wolfe is CEO of Bottom-Line Analytics LLC. He is also
presently a managing director of Global Analytics Partners.
Michael has extensive consulting experience in the field of
marketing analytics and is a recognized expert in predictive
modeling and marketing ROI measurement. Michael’s direct and
consulting experience covers such firms as McDonald’s, Coca-
Cola, Starbucks, Capital One, AT&T and L’Oreal. and with travel
and hospitality experience with Hyatt Hotels, Charleston Port
Authority and the Bronx Zoo. Michael has an MA in Economics
from the University of Iowa and Ph.D. coursework from Indiana
University
3. 3
The BP Horizon Oil Spill
• April 20, 2010, the offshore drilling facility called the Deepwater Horizon,
owned by BP Petroleum Corp. caught fire, exploded and spilled 5 million
barrels of crude oil over an 86 day period before crews plugged the leaks.
• The oil slicks from this accident killed and damaged wildlife, fisheries and
habitat across the entire coast of Louisiana.
• Two communities on the Gulf Coast of Louisiana, Grand Isle and Lafitte,
intended to sue BP in Federal Court to recover damages.
• The economies of both of these communities were heavily dependent on
tourism and sports fishing. Each year, about 6,000 sports fisherman
travelled to these communities for recreation. Surveys taken in 2008 and
2009 found that each tourist spent on average 2 days in these communities,
spending about $1,335.
• Even following the clean up of oil slicks and shoreline damage,
environmental experts estimated that it would take 10 years before these
communities would begin to recover to the level of tourism experienced in
years prior to the oil spill
4. 4
The BP Horizon Oil Spill
• Bottom-Line Analytics / Global Analytics Partners was hired by
attorneys of Grand Isle and Lafitte for the purpose of estimating the
cost linked to the damage caused by this oil spill.
• The following key assumptions are assumed and based on factual
evidence available
– Per estimates from the La. Dept. of Natural Resources, it will take 10
years for the offshore fish population to renew and build back to the
levels prior to the spill. Therefore, damages will be assumed to accrue
each year beginning one year after the event, from 2011 through 2019.
– The number or tourists affected by the oil spill will be derived from hotel
occupancy and revenue data from area hotels, sourced from Smith
Travel Services data. Hotel revenues lost will be pro-rated and projected
from actual hotel revenue trends data for the period 2004 to December
2009, just prior to the spill event. Actual post-spill hotel data from May
2010 through December 2010 were used as a basis for estimating lost
hotel sales. These losses were assumed to be constant for the ten years
forward.
5. 5
-
5,000
10,000
15,000
20,000
25,000
Other Gulf Hotels BookingRevenueMil. $
Other Gulf Shore Regions Hotel Revenue
Forecast, 2011-2019
+3.9% ACGR
Prior to 2010, all gulf-shore hotels were growing revenues at an average
annual rate of +3.9% (source Smiths Travel Data)
6. 6
Prior to the Spill Year of 2010, these communities’
hotel revenue growth mirrored other gulf-shore hotels
+3.9% ACGR
Evidence stronglysupports the assumptionof usingthe samegrowth project-
tions forthese communitiesas for the overallgulf shorehotels (Source:Smiths
TravelData)
7. 7
From prior hotel booking trends in the area and across 5 gulf-
shore states, we would expect hotel demand to grow +3.9%
per year for the next decade, had the spill not occurred
+3.9% ACGR
Grand Isle/LafitteHotel Revenue & Pre-Spill Projections
8. 8
Defining Grand Isle & Lafitte’s Tourist Market
• The estimated market for sourcing tourists for Grand Isle & Lafitte reaches
such major cities as Houston, Austin, Corpus Christi, Dallas, Little Rock,
Memphis, Baton Rouge and Birmingham, Al. The tourist draw for Grand Isle
& Lafitte comes from a radius of about 400 miles.4
Exhibit 12
9. 9
Evidence from prior surveys shows an average tourist
trip is worth $1,335 and about 21% is for lodging
10. 10
The total hotel revenue losses amounted to $21.6
million over 10 years
Losses
11. 11
Projecting Total Tourism Revenue Costs from BP Oil
Spill for Grand Isle & Lafitte
• Total losses for hotels over
ten years comes to $21.6 M
and .$82.3 M for other
tourist costs.
• Thegrand total for all
damages amounts to $109
M.
Year
Grand Isle/Lafitte Hotel
Revenues Without Spill Est
Grand Isle/Lafitte
Hotel Revenues
With Spill No
Recovery Est Hotel Lost Revenue
2004 2,582,880$ 2,582,880$ -$
2005 2,673,789$ 2,673,789$ -$
2006 2,788,101$ 2,788,101$ -$
2007 2,883,248$ 2,883,248$ -$
2008 3,051,056$ 3,051,056$ -$
2009 3,271,335$ 3,271,335$ -$
2010 3,437,402$ 2,348,373$ ($1,089,029)
2011.F 3,674,078$ 2,453,113$ ($1,220,965)
2012.F 3,862,931$ 2,460,985$ ($1,401,946)
2013.F 3,898,371$ 2,462,463$ ($1,435,908)
2014.F 4,088,370$ 2,470,383$ ($1,617,987)
2015.F 4,282,152$ 2,478,461$ ($1,803,691)
2016.F 4,523,091$ 2,488,506$ ($2,034,585)
2017.F 4,699,492$ 2,495,859$ ($2,203,633)
2018.F 4,882,772$ 2,503,500$ ($2,379,272)
2019.F 5,073,200$ 2,511,438$ ($2,561,762)
Total Cost Summary
Total Hotel Revenue Current Opportunity Cost ($17,748,778)
NPV Adjusted Hotel Costs ($3,893,632)
Total Hotel Revenue Lost ($21,642,410)
Total Other Tourism Costs ($82,345,000)
Grand Total BP Damages Estimate ($103,987,410)
Source: Smith's Travel
12. 12
Litigation Result
• In the litigation between Grand Isle/Lafitte, LA and BP,
this study became the foundation for damages sought.
The litigation took 3 years, involving numerous appeals
and delays. In early 2016, BP settled with these
communities for the full amount.
13. 13
Bangalore, IN Office:
No. 141, 2nd Cross,2nd Main,
Domlur,2nd Stage, Bangalore560071
Phone:+91 80 40917572, +91 80 40916116
info@therainman.com
Contact Us US Office:
Suite 100, 1780 Chadds Lake Dr, NE
Marietta, Georgia, 30068-1608
Atlanta, USA
info@bottomlineanalytics.com