Feasibility Study Of Practice Hotel Project

Feasibility study is produced with the technology development of social production and economic management in early twentieth Century. After the actual verification of the long-term development and engineering project, the project feasibility study has been recognized by all countries in the world, especially widely used in large investment, affecting a wide range of projects. Due to the characteristics of the industry, the hotel project has a huge investment risk. A feasibility study institution or company specialized hotel investment projects abroad, in order to control the risk, avoid a loss, in order to maximize the return on investment. China began to feasibility study is widely used in hotel project investment decision from2000, and obtained the preliminary development. But compared with foreign hotel industry feasibility study of project, the domestic research is still in the initial stage. The vast majority of high-grade hotel feasibility study report shall be borne by the foreign management company.Qingdao College of hotel management has been developed for the domestic has certain well-known college degree, the school characteristics on hotel management and technical talents. From the need of teaching, the construction of practice hotel is very necessary. But because of the relatively remote location, tourism conference market is not optimistic, so from the economic benefits of the project to consider the risk must exist, the feasibility analysis of the project, to provide leadership decision significance.The research method of this thesis:1. Analysis of market positioning:the use of SWOT and other methods of analysis.2. Investment and cost estimate of the project:the use of unit construction investment construction investment estimation method for estimation, estimation method using detailed estimates operational costs.3. The project financial evaluation:using both static and dynamic methods, by dynamic.4. Risk analysis:system decomposition method.The main research contents and objectives include:for the hotel construction project from the market positioning analysis, construction scheme selection, project cost and revenue estimates, financial feasibility study, risk analysis of the project to conduct a comprehensive scientific assessment, to conclude the feasibility study correctly. Various theories and methods of the comprehensive application of project decision analysis and evaluation, management, economics and financial management, the actual situation of the hotel practice closely, make a feasibility conclusion comprehensive, scientific, reasonable of the project from the social benefit and economic benefit, and to provide reference for the feasibility study and investment decision on the surrounding the hotel project provide a reference for the similar, and the relevant universities practice Hotel project.In the investment and operating period of the project, financial net present value is greater than0.The investment recovery period is less than8years, economically feasible. From the analysis of the social benefits, the project to solve the college students training and teacher training, running mode of the State Board of education of school and factory construction in Higher Vocational Colleges after response, promote the school development, the social benefit is feasible.