The state of sustainability in the hospitality industry and what the future holds Akram Abubaker HADM 3310 Th 430 Over the past decade, the hotel industry is trying to find ways to become more socially and environmentally acceptable. Hotels alone take up about 5 billion square feet of space and with over 5 million guest rooms. Along with that, they accumulate about $5 billion in energy usage. With people using it for leisure or business trips, they can help contribute to the environment
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Conclusion PRÉSENTATION GÉNÉRALE DU GROUPE ACCOR Le groupe Accor est un groupe français, premier opérateur hôtelier mondial, devenu un leader incontestable en Europe et cela depuis sa présence dans les 92 pays dans le monde et avec près de 3 500 hôtels et 450 000 chambres. Avec plus de 160 000 collaborateurs sous son enseigne Accor et à travers le monde, le groupe met au service de ses clients et partenaires son savoir-faire et son expertise acquis depuis près de 45 ans. De 1967, date d’ouverture
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INDIAN HOTELS INDUSTRY Consumer confidence low; revival contingent on global environment QUARTERLY REVIEW March 2012 ICRA expects the Indian Hotels industry to finish 2011-12 on a weaker note with subdued pricing power eroding margins. Although some revival in operational metrics was witnessed during late 2010-11, the industry continued to lack the pricing power to drive out of its current stagnancy. Globally weak macroeconomic scenario, the European sovereign debt crisis, geo-political turmoil
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2087 JUNE 15, 2007 CHEKITAN S. DEV LAURE MOUGEOT STROOCK Rosewood Hotels & Resorts: Branding to Increase Customer Profitability and Lifetime Value Introduction For nearly 25 years, Rosewood Hotels & Resorts (Rosewood), a private hotel management company, sought to build a global reputation with iconic luxury hotels such as The Mansion on Turtle Creek in Dallas and The Carlyle in New York—trophy properties so distinctive, each could thrive on its own name, without any “corporate” identification
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Report of Hostmark Hospitality Group Hostmark Hospitality Group manages hotels and resorts in the United States and Egypt. The company also operates stand-alone concept restaurants and maintais a strong presence in this business segment. The Group is preferred as an award-winning hotel management company for Marriot, Hilton, Starwood, IHG, Wyndham and Choice. Hostmark Hospitality Group has consistently delivered superior results to institutional real estate owners, non-institutional ownership
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important issue that has been identified within the Hospitality Industry is the issue of Customer loyalty. This is because it’s a source of motivation to companies in order for them to generate revenue and remain competitive in the market. For instance, a Hotel would welcome customers to accommodate them and their needs but however, in any case if a
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Factors and Customers Satisfaction of Budget Hotel Customers in China Yang Yu http://eprints.utcc.ac.th/id/eprint/1337 © University of the Thai Chamber of Commerce EPrints UTCC http://eprints.utcc.ac.th/ FACTORS AND CUSTOMER SATISFACTION OF BUDGET HOTEL CUSTOMERS IN CHINA MS. YANG YU A Thesis Submitted in Partial Fulfillment of the Requirements For the Degree of Master of Business Administration Department of International Business International College
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QUARTERLY CLASSIC HOTEL RATE FENCES Discounting in the Hotel Industry A New Approach Here’s the case made ten years ago for an approach to discounting that provides a rational method of price segmentation. The hotel industry is just now getting it. BY RICHARD D. HANKS, ROBERT G. CROSS, AND R. PAUL NOLAND T hree busy executives approach a hotel’s front desk, check in, receive their room keys, and head for the elevator. On the way up to their rooms, the topic of room rates comes
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well-liked brand. The global financial crisis hit the hotel and lodging industry hard because of a sharp drop in business and leisure travel. Regardless of the steep drop in profitability over recent years, Marriott USA has plans to focus on driving incremental revenue by cutting costs at the property level. It also addresses opportunities Marriott USA has to further capitalize on their strengths by extending their expansion plans into the mid-level hotel segmenting the USA to take advantage of the industry’s
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A MODEL OF OPTIMAL INTERNATIONAL MARKET EXPANSION THE CASE OF US HOTEL CHAINS EXPANSION INTO CHINA E. Hachemi Aliouche, Ph.D. Associate Professor, Hospitality Management Whittemore School of Business and Economics UNIVERSITY OF NEW HAMPSHIRE, USA and Udo Schlentrich, Ph.D. Associate Professor, Hospitality Management Whittemore School of Business and Economics UNIVERSITY OF NEW HAMPSHIRE, USA ABSTRACT: Departing from the explanatory and descriptive approaches common in many of the academic studies
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