Strategies and Financial Position of Park Hyatt Sydney

PARK HYATT SYDNEY

OVERVIEW OF PARK HYATT
SYDNEY
Park Hyatt Sydney is considered to be one of the
famous upscale hotel in the country of Australia. Park
Hyatt Sydney holds the credential of frequently hosting
celebrities, sports figures and other important people
from all walks of life (Sydney, 2017).
Located in The Rocks locality across the magnificent
venue of Sydney Harbor in Australia. Park Hyatt
Sydney is situated at a very convenient venue with a
couple of minutes walking distance from the Darling
Harbor and the Sydney Opera House (The Rocks,
2017).

FACILITIES AT PARK HYATT SYDNEY

OVERVIEW OF FINANCIAL
POSITION OF PARK HYATT SYDNEY
AT THE BEGINNING OF THE
SIMULATION
Park Hyatt Sydney was in the process of developing itself into a plush sophisticated first
rate hotel.
Park Hyatt Sydney was gradually gaining its position in the hospitality market sector of
Australia.
The employee population at Park Hyatt Sydney were hired and trained in the most
efficient manner. Resultantly, they helped to attract and induce customers to check into the
hotel at the initial stages. This provided a stable source of revenue to the concerned hotel.
The shareholders have made good amount of investment to the financial capital of Park
Hyatt Sydney and they have also shown their keen interest for the future.
Overall, the financial position of Park Hyatt Sydney was sound. However, much was
needed to be done to gain a stellar financial position.

OVERVIEW OF THE CURRENT
FINANCIAL POSITION OF PARK
HYATT SYDNEY
After the five year simulation period, Park Hyatt Sydney has made
remarkable advancement in its financial position. Park Hyatt Sydney at
present ranks consistently among the top ten best hotel establishments in the
Australasia region owing to its financial success and faultless service
provision. Park Hyatt Sydney has implemented various eye-catching,
aesthetic and extra comfortable services which has skyrocketed its revenue
share and thereby cemented its financial stature in the Australian hospitality
and tourism sector.

THE STRATEGIES THAT CONTRIBUTED
TO PARK HYATT SYDNEY’S CURRENT
POSITION
Extra commodious hotel rooms; exclusive suites with spectacular view of the
majestic Sydney Harbor.
Personal all day and over night valet service.
Extra picturesque view of the rooms, Wall paintings by famous and brilliant art
connoisseurs of Australia have added to the appeal.
The security team of Park Hyatt Sydney are have been thoroughly upgraded
and modernized to ensure the safety and protection of the Park Hyatt customers (Chan
and Lam 2013).
The Park Hyatt Sydney also provides its customers full twenty four hours Wi-
Fi service during their hotel stay.