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Please see below for the instructor’s instructions. I have already came up with the changed conclusion. I just need you to form it in a paragraph form (275 words). No outside outside sources and please refer to the instructor’s analysis. Everything must be in your own words please. No plagirism.
“By now, you ought to know very well how specific pieces of information can affect analysis. Imagine that the following piece of information just became available to us: Regal Carnation’s room prices are among the lowest prices for the non-beachfront hotels on the island, but Regal Carnation’s occupancy rate is well below the average for these hotels. Would this piece of information change my, i.e., the instructor’s analysis of the case and one or more of its conclusions? If “yes”, how? If “no”, why not? ”
Question 1: Does RC need a turnaround strategy? (intstructor) Original Conclusion: there is no distinct possibility that RC needs an overhaul. Changed conclusion: there is a distinct possibility that RC does need an overhaul
A turnaround strategy may be necessary
Clear that there is oversupply
Need to consider the expectations of target customers (i.e. Japanese clientele) (My conculsion)