...October 1, 2010 Denise Resendiz Professor Gunter Kimpton Hotels Earthcare Program What are the benefits of Kimpton’s environmental sustainability initiatives? What are its costs? The benefit of the program is to put back into the earth what is being taken out. Many companies who support Eco friendly establishments will book specifically with the Kimpton hotel in support of their EarthCare program. The costs are greater for not putting back into the environment what is taken out. In the long run being non eco friendly will cost Kimpton hotels more than what they spend on the initiative. How would you justify the EarthCare program to Kimpton’s board of directors and stockholders? That is, what is the business case for the program? The business case for the stockholders would be increased bookings from corporations and individuals that support the EarthCare program. By Kimpton hotels implementing an aggressive eco friendly plan, their hotels will stand out from the rest and be well known for their commitment to put back into the earth what they take. What challenges face the EarthCare program, and how might Kimpton overcome them? A couple of challenges that they face is the increased cost for some of the raw materials, such as sheets. A way to overcome that is to have aggressive buyers that work diligently to get the cost down by bulk buying for all of the hotels and then distributing from one central hub. The second challenge would be the...
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...program, on implementing EarthCare program nationally at Kimpton. The company had been successful in supporting environmental sustainability by introducing non toxic cleaning products, organic coffee and recycling paper, cans and cardboard. Michael pace was passionate to implement EarthCare program to all it’s hotel chains but was reluctant to introduce any product or process that might be expensive than the existing ones. Can it be possible for Kimpton hotels to implement EarthCare program nationally without incurring any additional expenditure on products or process? Environment sustainability initiatives provided Kimpton hotels with several benefits. The company was able to cut down unwanted use of energy by introducing low power bulbs, reusing linens and recycling paper and cupboards. With the help of environment sustainability initiatives, the company was able to differentiate itself in the industry by branding itself as a unique chain with distinct value proposition. Moreover, the company was successful in gaining first mover advantage in the entire hospitality industry. Kimpton hotel incurred various cost for implementing the program nationally. Such as the cost to hire an external advisor, Jeff slye, opportunity cost, salary/benefits to hire eco-product specialist, and the possible customer dissatisfaction related to launching new and eco friendly products. The EarthCare program aligns well with kimptons brand and mission, which is to preserve the care principle...
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...program, on implementing EarthCare program nationally at Kimpton. The company had been successful in supporting environmental sustainability by introducing non toxic cleaning products, organic coffee and recycling paper, cans and cardboard. Michael pace was passionate to implement EarthCare program to all it’s hotel chains but was reluctant to introduce any product or process that might be expensive than the existing ones. Can it be possible for Kimpton hotels to implement EarthCare program nationally without incurring any additional expenditure on products or process? Environment sustainability initiatives provided Kimpton hotels with several benefits. The company was able to cut down unwanted use of energy by introducing low power bulbs, reusing linens and recycling paper and cupboards. With the help of environment sustainability initiatives, the company was able to differentiate itself in the industry by branding itself as a unique chain with distinct value proposition. Moreover, the company was successful in gaining first mover advantage in the entire hospitality industry. Kimpton hotel incurred various cost for implementing the program nationally. Such as the cost to hire an external advisor, Jeff slye, opportunity cost, salary/benefits to hire eco-product specialist, and the possible customer dissatisfaction related to launching new and eco friendly products. The EarthCare program aligns well with kimptons brand and mission, which is to preserve the care principle...
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...Kimpton Hotels’ EarthCare Program Case Study Kimpton’s environmental sustainability initiatives have proven successful and helpful both in terms of their business and environmental benefits. Environmental development is one of the benefits of redirecting waste. Some of the benefits are demonstrated in their rollout phases. Such phases as the introduction of non-disruptive and cost-reducing operational practices such as a recycling program, their own towel/linen reuse system, and promotional materials printed on recycled paper, non-toxic cleaning products, and complimentary coffee that was organically grown. Furthermore, investing in water and energy conservation using organically grown cotton for their linens helps move Kimpton Hotels closer to being more environmentally sustainable. The most fundamental changes, renovating hotels or using these approaches in new hotels not only revolutionizes their hotel, but also allows for a mass appeal from consumers looking for a place to stay while lightening their environmental impact at the same time. This case study continues by discussing some of the possible benefits of the EarthCare program, specifically dealing with availability of non-toxic cleaning agents. Kimpton’s found that spot remover; furniture polish, disinfectants, bleach, carpet cleaner, air fresheners, and many other common cleaning products can contain hazardous compounds such as toluene, naphthalene, and xylene. These and other hazardous ingredients found...
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...Amanda Miley Dr. Jo Ann Rawley Mgt 100-3161 19 April 2015 Niki Leondakis and Core Competencies Niki Leondakis is the CEO of Commune Hotel and Resorts. She grew up in Massachusetts and has a strong Greek background and has been around restaurants for most of her life as her grandmother owns Charlie’s Diner. Niki graduated from the University of Massachusetts and now resides in San Francisco. She studied hotel and restaurant management and after completing college went to work for Marriott, Ritz-Carlton, Kimpton Hotels and then Commune. Along her journey, Niki has learned and developed many core competencies that have helped her to be a very successful woman. These core competencies range from dealing with people, to dealing with business to self-management competencies. When it comes to dealing with people, Niki can definitely establish focus. She communicates the goals of the business to the employees to ensure the customers’ needs and wants are met. In order to communicate well Niki must possess attention to communication as well as good oral and written communication. She also empowers others, part of this being that when hiring she looks for innovative outgoing people that will come up with new ideas to help Commune achieve customer satisfaction. She also possesses high customer orientation. She knows that hotel goers are no longer just looking for a comfortable bed, that they want a memorable experiences and she strives to give this to them. In dealing with business...
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...Jonathan White Buad 326 Final Paper: Kimpton Hotel Earthcare Program 11/28/2011 1.) One aspect of their efforts was to establish a major environmental initiative called Earthcare. Kimpton started out by recycling trash, phones, batteries, buying organic coffees and teas, and serving organic wines at their evening wine hours. They started educating their cleaning staff to use green products, and also held weekly meetings with Earth Care champions in every hotel and restaurant. With the new greening program in motion, Kimpton new cut back has achieve some success in reducing cost. Their efforts have reduced pollution and hazardous waste, reused or recycled material, and operated with greater energy efficiency. As a result, Kimpton Hotels can save over 250,000 per year in waste disposal costs by recycling just 50% of waste stream. However, green investment always has slower payback periods or a lower rate return. Kimpton will have to do more research to determine the degree of recycling products should apply, and the appropriate time to put these plans in action. The gain from investing in more green service can increase the company revenue for the future, but the cost to apply these new resources will be expensive. 2.) EarthCare program can contribute to Kimpton financial performance by applying the program to a strategic response to emerging public issue. This will give Kimpoton hotel a competitive advantage over their competition by becoming more eco-friendly...
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...BGB2033/BAGB2033 CORPORATE SOCIAL POLICY CASE STUDY (30%) For this assignment, you are required to submit a written report based on the following case study: Case Study 1 (15%) – Kimpton Hotels’ EarthCare Program Case Study 2 (15%) – The Collapse of Enron You may download both case studies (in PDF format) through course announcement in VOISS/CMS. Requirements: • Prepare a one-page summary highlighting on the major issues in both case studies • Answer ALL questions at the end of both case studies. You will be graded based on your research efforts, originality, contents, and written report. A good paper must also have the following criteria: • type-written and double-spaced • font: Times new roman/ Arial/ Tahoma/ Calibri. Size: 11-12 • well-bind with title, table of contents, work citation and bibliography • exceeding 10 pages but not more than 20 pages This assignment must be submitted in hardcopy. The due date for this assignment is on the 31st July 2012. ACADEMIC HONESTY PLEASE NOTE THAT PLAGIARISM, CHEATING AND OTHER FORMS OF ACADEMIC DISHONESTY ARE PROHIBITED. PLAGIARISM REFERS TO THE USE OF MATERIALS FROM BOOKS, NOTES AND OTHER SOURCES, IN STUDENT’S WRITTEN WORK, WITHOUT DUE CREDIT TO THE SOURCES USED; IT IS THE PRESENTATION OF MATERIALS AS IF THESE ARE THE STUDENT’S OWN. CHEATING REFERS TO SECURING OR GIVING HELP IN A TEST, UNAUTHORIZED COPYING OF TESTS, ASSIGNMENTS, REPORTS, TERM PAPER ETC. PLEASE USE YOUR OWN IDEAS/WORDS AS MUCH...
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...Stay True Travel Staying True to You™ Final Strategic Plan BUS475 Week 5 Professor Dhillon February 14, 2012 Stay True Travel Staying True to You™ Final Strategic Plan Introduction Being a successful business, or corporation, is composed of more than simply having the best logo, slogan, or advertising campaigns, but rather it is about how each individual aspect of an organization is constructed and built from the ground up. With money being tight, budgets shrinking, and uncertainty with job security, for businesspersons and families alike, the tourism industry has had to truly redefine itself and adapt to continue to be sustainable. Travel and lodging has become more than a small room, an uncomfortable bed, continental breakfast, and a free morning paper that it once was. Now, clients seek personalized service, lavish design, and a unique ambiance wrapped up into an affordable package and a uniquely tailored experience. Travel agencies are beginning to face rash decisions with their outdated marketing campaigns, untrendy travel destination partnerships, and ultimately losing clientele because they can no longer do the one, single-handedly simple thing that all travelers wish for: being heard and having their individual wants and needs met without hesitation. Although it may seem as if there are no adequate travel agencies to turn to that can and will meet all needs and wants of the everyday traveler, there is indeed one agency that will not let its clientele...
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...Rosewood has been a successful hotel company built on a reputation of luxury and the “uniqueness” of the location of the hotel. Despite their success, there are Trustees on the Board who believe that Rosewood is not harnessing the power of their brand. Consequently, they are considering undergoing a corporate branding initiative to improve brand recognition, in order to promote repeat guests, and to cross-sell usage of properties. In order to determine whether this initiative is worthwhile and to provide information for the Board to make a decision, both John Scott and Robert Boulogne would like to calculate the customer lifetime value (CLTV) as a part of the information to provide for the Board of Directors’ meeting. Furthermore, at an estimated operations investment of $1 million per year, not only does this decision carry large monetary considerations, it would also be a complete change in direction for the company in terms of its marketing strategy. John Scott was elected by the Board to the CEO position to take Rosewood into a new direction. Rosewood was suffering from low brand recognition from their guests and oftentimes, some guests were not aware that they were staying a Rosewood hotel. Although some properties experienced 40% of returning guests, only 5% stayed at another Rosewood property, compared to corporately branded hotels this was slightly low since corporately branded hotels experienced 10-15% return guests across the brand. Scott hoped to emulate...
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...grand for €330 million ($406 million). Acquisition • Announced the acquisition of Kimpton hotels & restaurants for $430 million – a fully asset-light business. This acquisition completed in January 2015. (IHG, Annual Report, 2014) IHG’s Financial Position - Strong yearly RevPAR execution with worldwide similar RevPAR up 6.1% was drove by 7.4% development in the Americas in 2014. Q4 worldwide practically identical RevPAR development was 5.1%, from which 7.0% development was seen in America. - Total $23bn gross income from hotels in IHG's structure was up by 6% year than previous year. - Underlying fee income up by 7% and operating income up by 10% determined by solid exchanging and improved productivity. Reported operating profit decrease by 3% reflecting owned hotels were transferred and 2013 exchanged damages. - Group charge based margin up by 1.5%pts to 44.7%, proved beneficial from solid development in our scale markets. They have decided to keep contributing for long term development in developing and expanding markets in 2015. - Year-end net obligation of $1,533m (counting $218m fund rent on InterContinental Boston) is up from $380m on 2013 because of the arrival of trusts to shareholders, partial offsets by continues from resource disposals. - - Year-end borrowings position speaks to a net obligation/ EBITDA degree of 2.1x, 2.6x on a proforma premise including the $430m procurement of Kimpton in January 2015. (Investigate, 2015) Stock market performance comparison Whitbread...
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...Group Research Paper Amenities for Generation Y December 1, 2015 Andrew Walls HTM 561 Hotel Operations Management Group #1 Kenneth Choi 911754238 Gayle Lachica 915008047 Jazmin Martinez 913612640 Jillian Sobol 913786307 Jenny Wang 911562020 Introduction: During the past decade the hospitality industry has grown drastically. People are traveling and spending more than ever. Specifically, Generation Y, also known as the Millennial Generation, has started to surpass the Baby Boomer generation in size. This year, in 2015, it is projected that the Millennials (ages 18-34) will surpass the Baby Boomers (ages 51-69) with a staggering 75.3 million compared to 74.9 million (Fry, 2015). The Millennial Generation have one distinct characteristic that differentiates them from the rest of the generations and that is growing with the technological advancements as fast as they are being developed. Millennials by far have the highest percentage of smartphone usage than any other generation. As a result, Millennials are rated at the top of social media use. This is another aspect previous generations have never had before and that is social media presence instant gratification. Websites such as Yelp, TripAdvisor, AirBnb, and more offer a preview of a service or product. As well offer a reviewing system in which they are able to read the experience of other people. This design highly influences the decisions...
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...Since 1788. New York, New York: Springer Science Business Media, LLC, 2011. 1-405. Department of the Enviornment. "Heritage." Australian Database. September 13, 20133. Accessed March 6, 2015. http://www.environment.gov.au/cgi-bin/ahdb/search.pl?mode=place_detail;place_id=106209. Australian Government. Australian Convict Sites: World Heritage Nomination. Canberra: Dept. of the Environment, Water, Heritage and the Arts, 2008. 5-247. http://www.environment.gov.au/system/files/resources/c7cc80e5-1eb8-4cd0-9e50-dd13799b9c65/files/convict-sites.pdf Oxley, Deborah. 1991. Convict maids. Ph.D. diss., ProQuest, UMI Dissertations Publishing. Smith, Babette. A Cargo of Women: The Novel. 2nd ed. Sydney: Pan Macmillan, 2008. 1-316. Yule, Peter, and Will Kimpton. "Shy Historian and Benefactor of the Highest Order." The Sydney Morning Herald. May 15, 2012. Accessed March 6, 2015. http://www.smh.com.au/comment/obituaries/shy-historian-and-benefactor-of-the-highest-order-20120514-1yn2m.html. (For Information on Shaw). Hughes, Robert. The Fatal Shore. New York, New York: Knopf ;, 1987. Crowley, F. K. Colonial Australia, 1788-1840. West Melbourne: Nelson, 1980. Bowes, A. "Historical Records of New South Wales." Historical Records 2 (1788): 1. Clark, R. "Life At Port Jackson." Safe 1/27, 1788, 5-6. O.P.Q. "Punishment and Profit." New South Wales Magazine, August 1, 1833, 16-20. Johnson, R. "Historical Records of New South Wales." The Second Fleet Arrives 1 (1790): 387-9. Harris, A. "Recollection of...
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...Brad Sears Christy Mallory OCTOBER 2011 Economic Motives for Adopting LGBT-Related Workplace Policies Introduction This study evaluates the economic impact of corporate non-discrimination and benefits policies by analyzing the extent to which economic reasons motivate corporations to adopt such policies. The past decade has seen a large increase in the number of corporations adopting LGBT-related workplace policies. In 1999, 72% of Fortune 500 companies included sexual orientation in their non-discrimination policies, and only a handful included gender identity.1 By 2009, 87% of such companies included sexual orientation and 41% included gender identity in their non-discrimination policies.2 Over the same time period, the percentage of Fortune 500 companies offering domestic partner benefits increased from 14% to 59%.3 This study reviews statements issued when adopting such policies by the top 50 Fortune 500 companies and the top 50 federal government contractors. Since companies began to adopt these policies, and state and local governments began to amend their laws to prohibit sexual orientation and gender identity discrimination, arguments have been made that the requirements are costly and burdensome for private businesses. As recently as May 2011, the Tennessee legislature repealed an ordinance passed by the city of Nashville requiring city contractors to include sexual orientation and gender identity in their non-discrimination policies.4 The Tennessee Chamber of...
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...John Wiley & Sons, Inc. David L. Kurtz University of Arkansas Louis E. Boone University of South Alabama BUSINESS 14TH EDITION Contemporary . . . at the speed of business “The 14th edition of Contemporary Business is dedicated to Joseph S. Heider, who brought me to John Wiley & Sons. Thank you, Joe.” —Dave Vice President & Executive Publisher Acquisitions Editor Assistant Editor Production Manager Senior Production Editor Marketing Manager Creative Director Senior Designer Text Designer Cover Designer Production Management Services Senior Illustration Editor Photo Editor Photo Researcher Senior Editorial Assistant Executive Media Editor Media Editor George Hoffman Franny Kelly Maria Guarascio Dorothy Sinclair Valerie A. Vargas Karolina Zarychta Harry Nolan Madelyn Lesure 4 Design Group Wendy Lai Elm Street Publishing Services Anna Melhorn Hilary Newman Teri Stratford Emily McGee Allison Morris Elena Santa Maria This book was set in Janson TextLTStd-Roman 10/13 by MPS Limited, a Macmillan Company, Chennai, India and printed and bound by R. R. Donnelley & Sons. The cover was printed by R. R. Donnelley & Sons. This book is printed on acid free paper. ∞ Founded in 1807, John Wiley & Sons, Inc. has been a valued source of knowledge and understanding for more than 200 years, helping people around the world meet their needs and fulfill their aspirations. Our company is built on a foundation of principles that include responsibility to the communities we serve and where we live...
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...2011 LGBT Community Survey U.S. Overview Report v2 8.25.2011 5th Annual Edition En3re contents © Community Marke3ng, Inc. CMI’s 5th Annual LGBT Community Survey Thanks to our 2011 Sponsors CMI’s 5th Annual LGBT Community Survey U.S. Overview Report 5th Annual Edition Gay men and lesbians own more homes and cars, travel more, spend more on electronics, and have the largest amount of disposable income per capita of any “niche” market. And it’s a sizeable segment: LGBT consumers make up 5% to 10% of the U.S. consumer market. U3lizing quan3ta3ve and qualita3ve market research methodologies, Community Marke3ng helps companies beQer understand and more effec3vely reach the LGBT community. Our consumer panel provides insights through online surveys, focus groups, intercepts and more. Thomas Roth, President Community Marke3ng, Inc. www.CommunityMarke3ngInc.com 2011 LGBT Community Survey US Overview Report ...
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