SUBMITTED BYGROUP 6

Nikhil Pokharkar (129278094)

Gaurav Kataria (129278102)
Asmit Kumar (129278087)
Nikhil Bansal (129278110)
Aprajith Kaustubh (129278112)

Owned by avari family

In 1944, beach luxury hotel
In 1978,avari hotel Lahore
In 1988,avari hotel re-Branaded
Collaboration with Ramada renaissance
188 rooms,
15 executive and deluxe suits
Two banquet halls
Two functional halls
Four meeting boards room
Five restaurants

Major competitor

Pearl continental

1988

1989

Pearl

Avari

930

1020

1023

1122

1009

1015

1109.9

1116.5

March

991

1051

1090.1

1156.1

April

955

1011

1050.5

1112.1

May

896

983

985.6

1081.3

June

899

973

988.9

1070.3

July

889

992

977.9

1091.2

Aug

873

983

960.3

1081.3

Sep

893

1007

982.3

1107.7

Oct

902

1003

992.2

1103.3

Nov

1065

1000

1171.5

1100

Dec

January
February

Pearl

Avari

Room avg

Revenue Room

1988
Pearl

Avari

Pearl

Avari

Pearl

Avari

80

72

152

137

141360

4325616

94

94

179

179

180207

5257091

92

93

175

177

173227

5757063

73

71

139

135

132459

52

50

99

95

88525

2894935

70

65

133

124

119567

3604965

50

62

95

118

84455

3622586

75

63

143

120

124403

3647618

68

70

129

133

115376

4017930

78

79

148

150

133676

4667059

80

79

152

150

161880

4503000

4091517

SNAPSHOT of Alternate 1

ALTERNATE 2:
If he increase the price by 10%

SNAPSHOT of Alternate 2

Alternative 2 i.e. Rent 10% increase in all

the rooms
Gross Operating Profit=61748.6
No change is one of the option
But Alternative 2 & Alternative 3 is more
profitable than no change

Thank You

10