Economic Analysis of the United States Hotel Industry Background Information Our team chose the hotel industry in the United States for our economic analysis. The hotel business has existed since the earliest times‚ and has influenced the development of the economy since the founding of this country. According to the American Hotel and Lodging Association‚ in the year 1900‚ there were fewer than 10‚000 hotels in the US which provided 750‚000 to 850‚000 rooms. The 2004 figures show that
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distribution channel and value-based pricing. SITUATION ANALYSIS INDUSTRY ANALYSIS Burger Machine possesses good information about the market and knows what the market needs and wants. They were the first one to establish a 24/7 burger machine and was nicknamed as “the burger that never sleeps”. Even with the marketing strategy of the competitors like “buy one take one” they didn’t get into it because they believe that quality is what the market wants. SALES ANALYSIS Burger Machine currently ranks 4th
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Amazon.com Situation Analysis Jeffrey Bezos started Amazon.com in 1994‚ after recognizing that Internet usage was growing at a rate of 2‚300 percent a year. Operating from a 400-square foot office in Seattle‚ Jeffrey launched Amazon.com on the Internet in July 1995. Amazon.com mission is to use the Internet to transform book buying into the fastest‚ easiest‚ and most enjoyable shopping experience possible. By the end of 1996‚ his firm was one of the most successful Web retailers‚ with revenues
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Rosewood Hotels Case Analysis A private hotel management company‚ Rosewood Hotels Resorts with iconic luxury hotels such as The Mansion on Turtle Creek in Dallas and The Carlyle in New York was a muted brand‚ not into advertising and known mainly to hotel professionals. John Scott‚ the company’s new president and CEO‚ & Robert Boulogne‚ vice-president of sales and marketing were considering a new brand strategy in order to establish ‘Rosewood’ as a true brand and to encourage guests who stayed
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Regal Carnation Hotel (Guam) Case Analysis Case Introduction The island of Guam is an unincorporated territory of the United States located in the Philippine Sea. Ruled by the Spanish until 1898‚ Guam was ceded to the United States and briefly occupied by Japan between 1941 and 1944. Of strategic significance during the Second World War‚ more than 18‚000 Japanese and 1‚800 U.S. marines died in the U.S. retaking of the island. Following the war‚ the Guam Organic Act of 1950 provided for
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The Soda Situation Adolescence‚ a time characterized by euphoria‚ independence‚ and a desire for instant gratification‚ can often be fueled by poor-decision making and a lack of proper judgement. In these habit-forming years‚ the simplest of choices‚ such as selecting a beverage‚ can have a life-long impact. Constantly driven by their appetite for instant pleasure‚ along with the widespread accessibility to sodas and sugary beverages‚ teenagers are using faulty judgement and selecting the unhealthy
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Situation analysis Overview of the organisation Ranbuild is a prominent steel building company in Australia and has expanded‚ making inroads into diverse overseas destinations for more than 60 years. Ranbuild has grown quickly and led the steel shed building business in Australia; starting the business in Newcastle in 1949 (Ranbuild‚ n.d.). Kerry Packer later bought the company and took it public in the early 1970’s. Starting as R&N steel buildings‚ the company has expanded business with guard
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INDUSTRY ANALYSIS: A CASE STUDY OF THE UK HOTEL INDUSTRY INTRODUCTION The hotel industry‚ (despite its importance to the UK economy) has not received the attention that it deserves from the central government at Downing Street. A report by the British Hospitality Association in 2010 showed that it has grown over the years to contribute 45 billion pounds to the UK economy. The hotel industry also employs about 3.64 million people both directly and indirectly making it the fifth largest industry in
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touching on one of the major themes of their field of study - social economy (SE). Such an exploration is necessary as we are dealing with a case – The Guldsmeden Hotel – whose commercial activities are interlaced with several social activities and as such showing signs quite typical to that of social economy organizations. For instance‚ aside operating as a commercial hotel‚ the hotel persists on the need for a balanced sustainability angle to its operations. Further‚ the management of the Hotel on annual
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Market Summary Our primary target market will be young professionals aged 21-35 who prefer premium and super premium beer. Secondary market are professionals that drink ultra premium beer. This mix does not need to be defined by the typical “strong” taste associated with microbrews. Our variety of beer is broad enough to include more a-typical beer drinkers as well as the higher end microbrew consumer. Liquor stores in our area are stocking larger selections of microbrews‚ this complements
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