Renovation and Sustainability of Cafe Restaurant at Hyatt Regency Perth

ASSET MANAGEMENT
Asset Management 0

Asset Management 1
Table of Contents
Executive Summary.........................................................................................................................3
Introduction......................................................................................................................................4
Quality and Design..........................................................................................................................4
Renovation/refurbishment design and facilities..............................................................................5
Start with a foolproof plan...........................................................................................................6
Plan with restaurant’s vision and functionality...........................................................................6
Latest trends.................................................................................................................................6
Quality.........................................................................................................................................6
Economic Viability..........................................................................................................................6
Market Statistics..........................................................................................................................7
Structure of cost...........................................................................................................................7
The Capability of Management...................................................................................................7
Environmental sustainability practices............................................................................................8
Reduce food waste.......................................................................................................................8
Energy efficient appliances..........................................................................................................8
Recycle, Reuse, Reduce...............................................................................................................8
Composting..................................................................................................................................9
Environment-friendly restaurant with quality food and service..................................................9
Financial value and return of the development or refurbishment....................................................9

Asset Management 2
Return on Investment.................................................................................................................10
Return on Asset..........................................................................................................................10
Payback period...........................................................................................................................10
Net Present Value......................................................................................................................11
FCI.............................................................................................................................................12
Stakeholders...................................................................................................................................13
Conclusion.....................................................................................................................................14
References......................................................................................................................................15

Asset Management 3
Executive Summary
The resort of Hyatt Regency Perth is opened in 1984. This is located on the foreshore
parklands of Swan River. This is a five-star resort. This resort has four dining venues in which
one of the dining venues of the resort is café restaurant that has not been renovated after 35 years
as this property might be broken down somewhere. The café, restaurant has received many
feedbacks regarding the decoration, etc. For this café restaurant has the policies regarding the
renovation and improving the services. The concept of renovation will bring benefits to the
sustainability of economic and environmental objectives and concepts. This will help to lead the
café restaurant to compare to its competitors. This will bring more benefits to the stakeholders.