2.1.1 POLITICAL The hotel industry had evolved very rapidly since the opening policy in 1978‚ after that the economy has gradually transformed to a market-oriented one. The reform has created a much better business environment for the hotel industry development (Hornsby‚ 1990). According to Kotler (1996)‚ The political environment is strongly affect hospitality industry‚ political environment is made up of laws‚ government agencies and pressure groups influence and limit the activities of various
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types of hospitality products 2.1 Seasonality 4 - 5 2.2 Price 6 - 7 2.3 Location 8 - 9 2.4 Contemporary issue 10 - 11 Section 3 - Conclusion 12 Section 4 - References 13 - 14 Appendix 1 & 2 15 SECTION 1 - INTRODUCTION In the highly changeable hospitality world‚ there are different types of hospitality products which are based on different consumer needs and demands. Besides‚ any hospitality company must
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in China. When we are surprised in the expending speed of budget hotels in China‚ they recruit too many employees without considering the high labor cost and management issue‚ which finally lead to a high employee turnover rate in the budget hotel industry. In the year of 2009‚ the average employee turnover rate in budget hotels even increased to 34.5%. So these budget hotels with high employee turnover are having an even more difficult time filling their open positions with qualified candidates who
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Introduction The hospitality industry constitutes an economic sector with the fastest growth worldwide. At present‚ the industry continues to receive recognition as a profitable and progressive industry. The hospitality industry offers diverse opportunities for employees and varied services and features to customers. This means that overall industry actual and potential provisions are unlimited‚ which accounts for continuous shifts or adjustments contributing to industry viability. Diversity
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Hotel and Restaurant Management is the one of the growing sector in terms of hospitality. Today’s world is the booming of technological industry. Hospitality management is an important pillar in almost every country’s economy. The emergence of the word ‘hospitality’ is to describe hotel and catering activities. Hospitality creates an impression of hosting and hospitableness‚ which prioritizes guest experiences. Hospitality also suggests a commitment to meeting guests’ needs as the key focus in these
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Proposed Dissertation Topics 1. Local food and cuisine of different Hungarian tourism regions. 2. The impact of gastronomic events on the development of catering industry. 3. Analysis of catering developments in Hungary after 1990. 4. Foreign interests in the hospitality market. Motivations‚ targeted areas‚ concentration of capital and globalisation ambitions. 5. Wine tourism in Europe and in Hungary. 6. Gastronomic tourism in Europe and in
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can help you to make the best possible decisions. What kind of information is available and how do we sort through it and use this information? In the hospitality industry the amount of information received everyday is overwhelming‚ and it isn’t possible for staff to be able to sort through it and organize it properly. In the hospitality industry the information technologies are the tools that the staff uses to sort and manage the information and the balanced score card is just one such tool. The
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Reflective Learning Journal for Industry Practicum Student Details Full Name: Kan Yin‚ Ken Student No: 13601156S Employment Details Company Name: The Hong Kong Jockey Club General background of the company: The Hong Kong Jockey Club (HKJC) is a non-profit organization. The net-income of HKJC donates for charity work. For the operation‚ it provides horse racing‚ sporting and gambling entertainment in Hong Kong. There are two horse races at Sha Tin and Happy
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as a quiet month for the hotel industry and by implementing yield management strategies such as decreasing prices during this time‚ this has increased overall occupancy. Knowles (1998) believes that the three main sources
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References: [1] "Chief Executive Officer (CEO) Salary " Pay Scale.com. 2 Apr.2012. http://www.payscale.com/research/US/Job=Chief_Executive_Officer_(CEO)/Salary [2] “Information of Hainan Hospitality Recruitment” jiudian.01hr.com. 2 Apr.2012. http://jiudian.01hr.com/c-hainan [3] “HR: Marriott employee training and development program” HMA Administrator.08 Jun. 2010. <http://hma.hotelworldasia.com/content/hr-marriott-employee-training-and-development-program>
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