The main target of the hotel industry is attract international tourism which will host a variety of different properties. Hotel industry has a backbone of government and it is the government support helps to sustain in a competitive world. The government charges great amount of the tax on the luxury and star category of the hotels. Political changes have a direct impact because of the government, especially on the hotel industry. The state government has to take huge decision which will support the growth of the industry.
But with extreme wealth comes extreme responsibility. And the responsibility for me is to invest in creating new businesses, create jobs, employ people, and to put money aside to tackle issues where we can make a difference.” (Issues Quotes, 2015) Therefore, the issues that are going to be covered today will be the legal issues Airbnb encounters, safety and security issues for Airbnb host, impact of the surge in housing prices and rental rates, lastly, fierce competition within the lodging properties. Legal Issues Airbnb Encounters It is important for businesses to abide to policies and laws that are set up by the country. Any violation of such will result in dire consequences. Hence, in the case of Airbnb, there are rising issues that are emerging worldwide and most of it occurs due to inappropriate conduct, such as violation of country’s laws and
Lancaster : According to Justin, hospitality firms big and small are looking at ways to keep costs low and to become more efficient just to stay afloat in this very challenging economy. Cutting costs in labour has been a popular topic in all industries during times of economic downturn. This is a particularly slippery slope in the hospitality industry where service may be compromised through cutting costs. Quality service is scrutinized by the customer in hospitality more than ever due to the fact that customers are fewer and are spending less. In areas of resort saturation like Las Vegas, the customer has so many options; they simply will not tolerate poor service like they may have in the past.
Therefore, the development of tourism will be brought to a new level, the hotel industry as a major branch of the tourism industry will also get unprecedented development opportunities. But this also will cause some problems, such as whether the traditional hotel management mode applies to the new situation; the hotel how to deal with the growth spurt of traffic; increasing personnel costs as well as restaurants, hotels and facilities maintenance costs; and how to face consumption campaign after the downturn. Etc. These problems are waiting to solve. Similarly future economic trends outside of Malaysia, for the development of Malaysia 's hotel industry is equally important because it shows that the hotel industry in Malaysia is being or is about to bear pressure on the operation.
The purpose of Supply Chain Segmentation for a company is to use and develop different supply chain management to able fulfill different level need in more efficient and effective ways. Nowadays, more and more international business is apply Supply Chain Segmentation strategy to take competitive advantage in this competitive market and this is the unique and compulsory for them to fulfill their huge customers and distribution channels. So, the single supply chain will be often lost their competitive advantage and very hard to live long in this competitive market place. The most important is, what is the reason for a company to apply the Supply Chain Segmentation and apply the ways to Supply Chain Segmentation is the most important question and issues for a company to pay high attention. Moreover, the botto-line benefits is need to set up by a company and what actions, steps and technologies need to be apply and begin for a company?
• To check the physical resources and scope of technical alliances with arrival of VC. • To detect more financial, technical, and industrial expertise prior to applying VC. • To develop and implement accelerated market presence. To define the strategic capabilities of Premier Inn, it is worth to mention its dependence on the macro-environment. In fact, the hospitality sector is always affected by various economic tendencies, both negative and positive.
Human mobility is not only related to business activities but also recretional activities.To be sucessful in this industry we need a lot of and loyal customers. The loyal customers will keep coming back to the same place if they satisfied through the place they have visited. Customer loyalty give the most important impact towards hospitality and tourism industry. “Hospitality refers
In an industry that twists around customer management and satisfaction, hoteliers ought to dependably be aware of the changing attitudes and practices of their customers. Organization that spotlights on the most fundamental examples in the business better understand what their customers need or sit tight for and those hotels that meet and surpass the longings of their guests are constantly looked for. With everything taken into account, the hotels spend endless amounts of money to recognize the unmistakable examples that will have a foremost impact later on. Everything from internal environment and room rates to livelihoods and advantages of the hotels can make an impact on the customers for choose or not to choose it. In the hospitality business
Ritz‐Carlton International is the leading hospitality management company. Its political, financial, social and technological environment analysis are as follows: Ritz‐Carlton has perceived the value of laws and regulations of the individual country. The political situation in every nation is distinctive and must be addressed properly. Ritz‐Carlton has taken after convention composed by the individual country like; no smoking policy, non-fat food, low calorie diet and so on (Michelli, 2009). The rising economy of the Asia and other developing area is encouraging Ritz‐Carlton to invest more in these regions.
Cultural diversity means that the differences between people in gender, traditions, language, etc. Nowadays, workforce in hospitality becomes diverse because employees come from many countries. For instance, an organization can include employees come from America, France or Vietnam… Then creates a challenging issue for managers is how to manage well a diverse workforce. There are many researches were conducted in order to help managers to find out solutions for managing cultural diversity in workforce in hospitality industry successfully. Current situation of Cultural Diversity in the workplace in Hospitality Industry Because of globalization, organizations in hospitality field not only compete with domestic market but also foreign market.