For this unit, we are doing some pretending. As you might know, my primary vocation is a hedonic hospitality consultant. One of my primary undertakings is producing acquisition feasibility evaluations for clients.
Well…for the sake of this learning exercise, we will pretend that .last week I was contracted to research and then advise a client on the feasibility of acquiring either the Waterview Casino or the River Walk Casino in Vicksburg, MS. To provide a credible advisory resource to aid the client’s decision process, accurate information based on metrics needs to be garnered, processed and presented. You are going to aid me with this project by crafting a metrics-filled report.
OF PARTICULAR INTEREST would be metrics reported for comparison of the two (2) properties and the host market (Vicksburg, MS) in terms of Market Share & Fair Market Share in terms of gaming revenue, the composition of gaming mix (i.e., table games and electronic gaming devices) – HINT – See Charts 6,7 and 8 within the CEM Golden Gate publication. However, other measurable factors such as historical, contemporary, and expected (i.e., predicted) future patron visitation to the host market numbers or individual property performance numbers should be integrated. Also, be sure to delineate historical and current questions of context.
So….please create a COMPELLING and. relatively comprehensive consultative advisory report, chocked full of DECISION-RELEVANT, metric-based data, on the feasibility report to be submitted to the client (the S.M.E. Group) on whether it is or is not advisable or NOT to pursue purchasing either the Waterview Casino or the River Walk Casino in the legacy, host market of Vicksburg, MS. FOR RESOURCES REFERENCED, please indicate materials/sources leveraged at the end of the paper with proper APA citation format.For this unit, we are doing some pretending.