Chapter 8 - Resort operations: The importance of recreational amenities. After completing this chapter, students will be able to: Calculate the correct order quantities and order times using the par stock, Levinson, and theoretical methods; determine the optimal inventory level; explain the benefits and problems of using only the theoretical method for determining inventory levels. | RESORT OPERATIONS: THE IMPORTANCE OF RECREATIONAL AMENITIES Copyright © 2012 John Wiley & Sons, Inc. Photograph Courtesy of SuperStock Learning Objectives Outline the stages of the recreational amenities development process. Discuss the elements involved in creating an amenity strategy and the program's impact on the overall development process. Discuss the relationship between developers and managers of an amenity package in terms of successful planning and implementation. Identify the role of the developer in the various types of community management structure. Compare and contrast the opportunities for effectively structuring the management of a community and its amenities. Copyright © 2012 John Wiley & Sons, Inc. Stages of the Recreational Amenities Process: Feasibility Analysis and Planning Construction Operations Management Copyright © 2012 John Wiley & Sons, Inc. Feasibility Analysis and Planning preliminary estimate is made of the likely demand alternative sites are . | RESORT OPERATIONS: THE IMPORTANCE OF RECREATIONAL AMENITIES Copyright © 2012 John Wiley & Sons, Inc. Photograph Courtesy of SuperStock Learning Objectives Outline the stages of the recreational amenities development process. Discuss the elements involved in creating an amenity strategy and the program's impact on the overall development process. Discuss the relationship between developers and managers of an amenity package in terms of successful planning and implementation. Identify the role of the developer in the various types of community management structure. Compare and contrast the opportunities for effectively structuring the management of a community and its amenities. Copyright © 2012 John Wiley & Sons, Inc. Stages of the Recreational Amenities Process: Feasibility Analysis and Planning Construction Operations Management Copyright © 2012 John Wiley & Sons, Inc. Feasibility Analysis and Planning preliminary estimate is made of the likely demand alternative sites are investigated one is chosen for in-depth analysis development team is assembled development concept is agreed upon Copyright © 2012 John Wiley & Sons, Inc. Feasibility Analysis and Planning (cont.) detailed feasibility analysis concept may have to be refined or an alternative site may have to be selected and the process begun again product programming is put into place type and mix of residential, timeshare, and hotel products are determined, an association structure and amenity program agreed on, and the phasing of the development set up Copyright © 2012 John Wiley & Sons, Inc. Feasibility and Analysis (cont.) approvals from necessary agencies and citizen groups plan finalized in detail financing is secured marketing begins Copyright © 2012 John Wiley & Sons, Inc. Construction and Operations Management Planning, construction, and marketing activities overlap Operations/Management The various stages of development may overlap specialized management services may be required transfer of community .
