A large competitor has recently opened in your locality. How will this change your short term (3 month) and medium term (1 year) strategy for your decision making?

A large competitor has recently opened in your locality. How will this change your short term (3 month) and
medium term (1 year) strategy for your decision making? Use the appropriate HOTS decision classifications
to document your changes.
Report Format
Executive Summary
1.0 Introduction
2.0 Short term strategy (3 months)
3.0 Medium term strategy (1 year)
4.0 Overall strategy
5.0 Recommendations
– Hotel sustainability in the long-term
– Advice of future hotel direction
References
See Marking Criteria for more information. More details will be given in class regarding format and structure
for this assignment task.
DO NOT use semi-colons: They are fine for lists but unless you are absolutely sure of their correct use, insert
a full stop and start a new sentence instead
DO NOT use contractions. Contractions are the words formed from two abbreviated words, such as ’don’t’,
5/21/2021 65023 – A large competitor has recently opened in your locality.
’can’t’ and ’won’t’. Please write the full words.
DO NOT use these words: ’huge’ ’great’ ’perfect’, awesome’,’ fabulous’, ’fantastic’, ’incredible’,
’magnificent’ ’real’ ’terrific’, ’very’, ’wonderful’, ’awesome’ and any other words that are considered
intensifiers: This only demonstrate that you have a limited vocabulary.
DO NOT use the word ’within’ when you could use ’in’ instead.
MINIMISE the use of dot points. Columns are a better way of organising key statements into an easily
understood format.
Hi. Can someone please help me with the short term and medium-term strategy from a hotel owner
perspective if competed against a large competition? HOTS Decision classifications include:
rates
revenue mgt
FnB
staff
Training
Advertising
EMS
Refurbishment
Guest comfort
Extra Facilities
Finance
thank you!