Rimon, Marc Khristian B., Mercado, Chloue Danielle G.,Lee, Veronikka Anne I., Juanico, Sheena Lilia B., Acosta, Berlinda G., Caisip, Joaquin Jake P., Corpuz, Veronica Ann A., Cunanan, Janten Andrei E., Guce, Mark Angelo B., Niaga, Kyle Alexander C.
A Five Year financial plan for Manila Hotel Corporation
- Financial Plan: (BSBA Major in Finance and Treasury Management) - Pamantasan ng Lungsod ng Maynila, 2018.
EXECUTIVE SUMMARY: Manila Hotel Corporation was established on July 04, 1912 to provide a comfortable place to stay, to provide the best possible experience for its guests, and to promote immigration and travel to the Philippines. It is located at One Rizal Park, Manila. As of the end of 2016, Manila Hotel offers 570 rooms for its guests and available amenities like swimming pool, spa, health club, room services, concierge, souvenir shop, medical clinic and restaurant known as Cafe Ilang-ilang. The entity also offers events place for weddings, debuts, or banquets for the past years. Using different tools in analyzing the financial statements of Manila Hotel Corporation, the proponents concluded that the entity has an increasing need of funds due to its increasing operating expenses and past due accounts. The entity also has negative working capital because of high short-term liabilities compared to its current asset. In order to solve these problems, the proponents have come up with three different alternative courses of action – Joint Venture, Merger, and Laveraged Buyout. After carefully analyzing these alternative based on the criteria established by the proponents. Alternative Course of Action number 1, which is to engage in a Joint Venture. This alternative course of action will improve the working capital, administrative expenses, and solvency of the entity.
5
EXECUTIVE SUMMARY: Manila Hotel Corporation was established on July 04, 1912 to provide a comfortable place to stay, to provide the best possible experience for its guests, and to promote immigration and travel to the Philippines. It is located at One Rizal Park, Manila. As of the end of 2016, Manila Hotel offers 570 rooms for its guests and available amenities like swimming pool, spa, health club, room services, concierge, souvenir shop, medical clinic and restaurant known as Cafe Ilang-ilang. The entity also offers events place for weddings, debuts, or banquets for the past years. Using different tools in analyzing the financial statements of Manila Hotel Corporation, the proponents concluded that the entity has an increasing need of funds due to its increasing operating expenses and past due accounts. The entity also has negative working capital because of high short-term liabilities compared to its current asset. In order to solve these problems, the proponents have come up with three different alternative courses of action - Joint Venture, Merger, and Laveraged Buyout. After carefully analyzing these alternative based on the criteria established by the proponents. Alternative Course of Action number 1, which is to engage in a Joint Venture. This alternative course of action will improve the working capital, administrative expenses, and solvency of the entity.