create a tactical report detailing your plan to launch your hotel. In this project, you will address specific requirements of an enterprise in the introduction phase of the business life cycle. INSTRUCTIONS Describe the nature of your hotel. What is the service or product you are offering at your hotel? Create a mission statement to guide your new hotel and determine scope of operations. Describe the industry your hotel will compete in. Identify key competitors and provide details regarding average profitability in your marketplace. Provide a detailed plan of your proposed business site. Discuss the estimated cost of establishing operations in your proposed location.