Facilities Planning for Hospitality, Tourism and Events - Case Study Example

Key issues and considerations that ought to be included in a feasibility study relating to the development of Residential Clubhouse (Hong Kong) Course: Instructor Subject Date Facilities Planning for Hospitality, Tourism & Events (Hong Kong) Introduction Feasibility is analysis of the capacity to complete the project successfully, considering the legal, technological, scheduling, economic, and other factors. Instead of just starting a project and wishing for the best, a feasibility study enables the manager of a project to examine the likely positive and negative outcomes of the project before investing too much money and time. Residential Clubhouse is categorized as one of the selling points that are crucial and part of construction complex in Hong Kong new-style premises. Aim For the residential club to help in improving the health of the Hong Kong citizens Objectives 1) Study the background of clubhouse facilities development in Hong Kong 2) Examine the functions of’ clubhouse facilities developments in Hong Kong 3) Analyze the functions of clubhouse facilities as an actual demand 4) Estimate future demand and trend of clubhouse facilities in private residential developments in Hong Kong Concept and design The building should be composed of equipped with various facilities and rooms. The commonly accepted facilities in the residential clubhouse are categorized into two; the active facilities and the passive facilities. The active facility includes: Swimming pool, Squash court, Basketball court, Multi-purpose ball court, Football court, Tennis court, Game room, Badminton court, Table Tennis room, Children play area, Indoor golf room, Fitness room, Gymnasium, Weigh training, Bowling alley, Exercise room, Skating rink, and Volleyball court (JOHNSON 2008, pg 131). Passive facilities: Sitting and lounge area, Sauna facilities, Billiard room, Spa facilities, study or Reading room, a Library, Computer room, Function room, video game room and Karaoke or Music room (REIN & SHUPERT 2011, pg 35). Some facilities and rooms are not commonly found in the residential clubhouse, but their acceptability majorly relies on the size and the relationship with the main function. They are mainly known as Ancillary facilities (GILBORN 2000, pg 105). Ancillary Facilities that may be allowed depending on the size and relationship with main functions Clubhouse management office includes. Clubhouse staffroom, first aid room, Snack bar and pantry, a kitchen, Pantry, and mini bar (Ka Wai 2008, pg75). The operation of how the club management system will be running. The facility or property organization management will have a responsibility for the building operation and provision not forgetting procurement of the premises, property assets, ongoing premise maintenance, equipment and capital plant (Alexander 1993, pg88). The structure of the organization changes according to the support and facilities services availed for an estate. It entails on site and property managers staff. Facility or Property managers must have the information of management and the facilities to do their incorporated role of support (Champika and Charles 2005, pg111). The major function of facility managers is to incorporate the organizational people with its work and facilities to be in a position to attain the end users’ needs. These needs include; to perform his mandate in a way that protects the employers, client and employees rights; and not to look down upon others on the based on national origin, sex, race, age and creed. For most buildings that are multi-tenanted, lowest requirement for personnel should be carefully observed. This will ensure that the staffs that are in full- time are adequate to cope with the daily chores of the maintenance of the building. Many managers who are wise, offer maintenance personnel with uniform to improve the building status and strengthen the identification of employees-employer among the team of maintenance (Kyle 2005, pg89). Not forgetting that, the manager also at the same time wants to indicate that the company is represented by each employee in servicing the estate resident and fulfilling their needs. The remuneration of the manager should be total expense percentage incurred in the efficient and good estate management (Loo 1991, pg115). Because the MR in each estate is calculated differently, it can be changed by agreement between the Management Company and OC. With reference to the Legal Advisory and Conveyancing Office (2006, pg67), a residential estate MR fee must not be more than the below total expense percentages. a) For estates with 101 and above parking space and residential units: 10% b) For estates with 21 to 100 parking space and residential units: 15% c) For estates with 20 and below parking space and residential units: 20% Exceptions are accepted with a decision of owners’ approval at a meeting of owners called under the Mutual Covenant Deeds (LACO 2006, pg75). Providing a capital fund is pleasing for any careful manager who is accountable for budget preparation. The fund is set to restore key capital expenses items, for example, renovation and repainting of the major external walls and replacement of lifts, pumps and generators (HKIR, 2007; Loo, 1991). The facilities reservation system The establishment of the facility into the website of the clubhouses is important. This is because it will enable residents to gain from the reservation system of the online that is more convenience. These online reservation systems may include; advance booking, on- the- day booking, booking for Organized Competitions by Student Societies or Staff (ZHAO 2006, pg 86). Advance bookings The advance booking involving recreation of individual, it needs to be made online at the Facility Booking System. The system is to be opened daily for seven days. This is to start from8:00 a.m. to 9:00 p.m. advanced booking system is available for all part-time and full-time students, family and staff members and user card holders of sports facility. FAQ should be read by the first-time users’ prior to using the booking system (BENNETT & STRYDOM 2001, pg 121). On-the-day booking On-the-day booking is always made on the facility to be used that day. There is always a booking chart that is placed at the entrance of any required facilities. In case the facility is booked at a certain time, and it is not taken within a period of ten minutes, it is given out on the basis of first-come-first-serve (SEHLINGER et al. 2013, pg 134). Booking for Organized Competitions by Student Societies or Staff It has a procedure whereby an application form is obtained; the form is to be filled and returne4d to the relevant authorities. This form should be submitted with the list of the facilities needed for the competition a month prior (SWARBROOKE and HORNER 2012, pg252,). Market It has always been known that the availability of facilities has the effect on the price of the property. Research carried on the comparison of the non-housing estate units, and large housing estate market prices was conducted in the same region. The housing estate units’ prices were always as compared to the non-housing estate units. The research reflected that people preferred housing estate as compared to single residential blocks. This was as a result of the provision of a better environment, the better facility and property management and superior facility than that of a single resident block. Clubhouses with facilities that are superior help to increase and enhance the value of resale exchange property value. In addition, clubhouse facility availability is also incorporated in property price measuring of development of residential (Tse & Love 2000, pg57). If a main residential development were constructed without a facility of a clubhouse, then it would attract the buyers. It best lustrated the pheromones also in china because clubhouse facilities are majorly used as the points of selling in the property sale promotion. Furthermore, if gimmicks like Jacuzzi and spas bubble pool, were also included in the promotion of sales of property, the value of the clubhouse value property and facilities will be increased. Possessing a stylish and unique clubhouse helps to bring more persons to the assets on a property sale on-going basis, this finally brings about new prospective home buyers. Besides, properties with comprehensive clubhouses and grant clubhouse facilities attract more persons. Not forgetting that studies indicates that people are ready to pay a larger sum of money to a home situated next to a public park, Wetlands (Doss and Taft’ 1996, pg56) and river (Kulshreshtha & Gillies 1993, pg73). The correlation could relate to most neighborhood facilities. Crompton (2001, pg 61) explains that, the argument that open space and parks have an impact that is positive on value of the property. This is obtained from the study that people often are prepared to pay a good sum of money for a home or property positioned next to these types of places, than they can pay for a similar home distanced away. If this remark is properly confirmed, then persons of the improved assets are probable to pay higher assets taxes (MAI 1903, pg 72) because of the property’s appraised value increase. Parkland can be used to increase the value of the property for nearby owners of the land. Theoretically, it is argued that the aggressive market will increase the property value of owners identify they obtain from the open space or park presence. The idea of parkland capitalization can be used on the residential facilities clubhouse. Buyers of home are prepared to pay good money to purchase assets with facilities of the clubhouse as they perceive it as the savings instead of a place to enjoy and relax. The clubhouse value may be capitalized when the flats are resold (CARR et al., 2003, pg 175). Conclusion The residents’ clubhouse is of many values; they provide an area for recreation activities that helps in improving the health status of the parents and their kids. Being that the residential clubhouse are closest to the people, those who work up to late hours may still manage to refresh themselves by going to the exercise rooms, have some exercise before settling down to their respective homes with their families. Residential clubhouses also helps in reducing the stress somebody may be undergoing. This is because it is a palace where were most people come together to play; have some exercise hence reducing the chances of loneliness. References Alexander, K. (1993) Delivering the Facilities Services, Facilities, 11(6), 24-27. BENNETT, J. A., & STRYDOM, J. W. (2001). Introduction to travel and tourism marketing. Lansdowne, Juta.page 121 CARR, D. H., LAWSON, J. A., & SCHULTZ, J. C. (2003). Mastering real estate appraisal. Chicago, Dearborn Real Estate Education. Page 175. Champika, L. and Charles, E. (2005) Controlling Healthcare Associated Infections (HAI) and the Role of Facilities Management in Achieving “Quality” in Healthcare: A Three-Dimensional View, Facilities, 23, 5-6. Crompton, J.L. (2001). “The Impact of Parks on Property Values: A Review of’ the Empirical Evidence.” Journal of Leisure Research 33(1): 1-3 1. Doss, C.R. and S. J. Taff (1996). “The Influence of Wetland Type and Wetland Proximity on Residential Property’ Values.” Journal of Agricultural and Resource Economics 2 1(1): 120-29 GILBORN, C. A. (2000). Adirondack camps: homes away from home, 1850-1950. Syracuse, NY, Adirondack Museum. Page 105 Hong Kong Institute of Real Estate (2007) Professional Practice of Property Management, Hong Kong, the Commercial Press (HK) Ltd. Investopedia, (2014). Feasibility Analysis. Web< http://www.investopedia.com/terms/f/feasibility study.asp >accessed 24 November, 2014. JOHNSON, D. E. (2008). Fundamentals of land development: a real-world guide to profitable large-scale development. Hoboken, J.Wiley & Sons. Page 131 Kulshreshtha, S.N. and J. A. Gillies (1993). “Economic Evaluation of Aesthetic Amenities: A Case Study of River View.” Water Resources Bulletin 29:25 7-26648 Kyle, R. C. (2005) Property Management, Chicago, Dearborn Real Estate Education. LACO (2006) Circular Memorandum No. 56 Revised Guidelines for Deeds of Mutual Convenant (“DMCs”). Hong Kong, Legal Advisory and Conveyancing Office, Lands Department. Loo, F. K. (1991) Effective Property Management in Hong Kong, Hong Kong, Hong Kong University Press. MINNESOTA ASSOCIATION OF INSURANCE AGENTS. (1903). Northwest insurance. Minneapolis, Minn., etc, Philip G. Bradley, etc.]. page72. REIN, R. S., & SHUPERT-ARICK, J. (2011). Dixie Highway in Indiana. Charleston, SC, Arcadia Pub. page 35 SEHLINGER, B., OPSOMER, L. J., & TESTA, L. (2013). The unofficial guide to Walt Disney World with kids 2013. Hoboken, N.J., Wiley. Page 134 Swarbrooke John and Horner Susan, (2012), Business Travel and Tourism. Routledge Copyright page 252. Tse, Y. C. & Love, E. D (2000) “Measuring residential property values in Hong Kong” Property Management Vol. 18 No.5 2000 pp366-374 ZHAO, R. L.-H. (2006). Professional housing management practices in Hong Kong. Aberdeen, Hong Kong, Hong Kong Univ. Press. Page 86 Read More