31NL 1.1 Decisions
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Decisions on prices and costs year 01
Check the file Decisions. During three years you have to take a number of decisions
- on prices (five decisions)
- on costs to be made (five other decisions)
Be sure it matches you strategy.
Explanations
The most important thing is to give arguments for all of our decision. Why did you chose them? Try to find benchmarks, make basic calculations, try to predict the outcome of your decisions.
Especially looking at the costs: these are going to be additional:
- exactly what are you going to spend the money on? and,
- what do you think it will bring your hotel? Be concrete, also calculate.
This is the first year, so you just have the history and explanations on this platform to look at.
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