Rakesh Kumar Sarna was working as Chief Executive Officer and managing director of The Indian Hotels Company from September 1, 2014 to September 30, 2017. HE was also a Group President of Americas and Executive Vice President at Hyatt Hotels Corporation since October 2012 and left from there on June 5, 2014. He made Indian hotel overseeing in the United States, Canada, the Caribbean and Central and South America. He also worked as the Chief Operating Officer of International Operations at Hyatt Hotels Corporation since August 2007 and as its Executive Officer until August 31, 2014. In this position, he managed various hotels outside united states.
Analysis of the problem Since inception in 1994, Banyan Tree Group grew to become a leader in the hospitality industry with rapid expansion in the Asia Pacific market. With two successful brands under the group umbrella, Banyan Tree and Angsana the group turnover in 2006 was USD 335 million with a profit amounting to USD 111 million. Launching in undiscovered destinations, Banyan Tree set up operations as part of the global expansion strategy of the company by offering ecological and cultural experiences to cater to their global clientele. Understanding that for most of their global clientele discovery, adventure, relaxation, romance and culture were the motivating factors to choosing a destination, the company chose unique locations offering
Manager has to set effective policies and formulate strategies to improve firm's overall performance and effectiveness. This is best portrayed by Christopher J. Nassetta who is the President and Chief Executive Officer for Hilton. He joined the company in 2007. (Hilton annual report, 2016) Under Christopher J. Nassetta’s leadership, Hilton continues their rapid expansion. Hotel owners continue to invest in their growth at a fast rate, committing more than $50 billion to a record pipeline of nearly 310,000 rooms, enabling them to remain the fastest-growing global hospitality company.
1Introduction This research focuses on Corporate Social Responsibility and brand positioning, specifically the role CSR plays within positive positioning in a Business to business market. In order to observe this a case study will be performed with Electrolux Ljungby. For each day the marketplace increases in competitiveness (Ref). This presents difficulties for firms to increase in marketshare. There are numerous ways for companies to increase firm performance, but positioning their brand would create competitive advantage (Ref).
The main objective of the paper is to explain a fair level of critical analysis and evaluation. The paper will also explain the good understanding of quality management approaches that includes original thinking with extensive academic underpinning. The hospitality industry has to be taken in the assignment and for that reason; Holiday Inn has been taken for analysis of this paper, which is a part of InterContinental Hotels Group (IHG). Discussion Holiday Inn is basically an American brand for hotels that is the main part of InterContinental Hotels Group (IHG). Holiday Inn is amongst the world’s largest hotel chains that is hosting around 100 million guest nights every year.
Also, the company will be able to strengthen its presence in the incredibly profitable vacation rental market and gain competitive advantage against apartment-sharing start-up, Airbnb. Airbnb, in general, provides short-term rentals while HomeAway caters to travelers looking for one-week or longer stays. Therefore, the acquisition will give Expedia the opportunity to expand its options for consumers beyond hotels, boosting its efforts to build a place in the fast emerging alternative accommodations space, a market that Expedia values at around $100 billion. I favored this acquisition because: 1) a deal offers a "compelling" opportunity to increase take rates, 2) the price tag (14x 2017 EBITDA) does not reflect the potential "wild success" of the new fee model, 3) Expedia gains "strategic insulation" from the Airbnb risk. HomeAway is the leading online website for vacation rentals.
Ascot Park Hotel Management Review Executive Summary The aim of this study is to conduct an analytical review of management practice at Ascot Park Hotel in Invercargill. Ascot Park Hotel is one of the iconic hotels in Invercargill. Ascot park hotel comes under Invercargill licensing Trust. Ascot Park has 92 rooms, 24 motel units, and 8 conference rooms. Ascot park hotel also offers pool and spa facilities, fully licensed bar and restaurant including to their customers (Ascot Park Hotel History , n.d.).
In the world of hoteliers, tourism and leisure, money has always been the constant driver and measurement of success. However, within the last several years the tables have started to turn and investors as well as the corporate world has started to put more emphasis on sustainability. Sustainability is defined as “the quality of not being harmful to the environment or depleting natural resources, and thereby supporting long-term ecological balance” (Webster Dictotionary). Sustainability, especially in regards to natural resources has steadily risen on the awareness scales of many fortune 500 companies and beyond. From a financial standpoint it is wise to invest in sustainable measures for hotels.
Analyse the current scale, scope and diversity In the hospitality industry Hospitality and tourism is a standout amongst the most significant marvel and the largest business in the world with its yearly 5% growth and one billion explorers margarin a great impact on the culture and environment of the distant countries. The business is developing continuously especially in Africa, The pacific, Asia and Eastern Europe where the biggest growth happen.There are additionally occasions affecting negatively the future scale and improvement of the tourism, such
There is no doubt that the world is changing from a social, economic and environmental point of view. For these reasons, modifying our habits is no longer an option, but a must; if we continue to consume at this speed we would need the resources of three Planet’s Earths in order to survive. Companies, such as the hospitality industry, have a key-role to play in the developing world because of their economic significance and their environmental impact (Chung and Parker, 2010). Luckily, in recent years, this industry is promoting sustainable alternatives to apply in their hotels and resorts around the world. A perfect example is the AccorHotels Company, which has developed a sustainable strategy called PLANET 21.