"Impact of recession on hotel industry" Essays and Research Papers

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    • Capacity control. Refers to who will control the sale of inventories of hotel rooms‚ airline seats‚ auto rentals‚ and tickets to attractions. Presently‚ owners of these assets are in control of their sale and distribution‚ but increasingly control is falling into the hands of those who own and manage global reservation systems and/or negotiate for large buying groups. Factors involved in the outcome will be telecommunications‚ software‚ available satellite capacity‚ governmental regulations‚ limited

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    Hotel Sales Revenue

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    The main sources of revenue in a hotel are through sales in rooms‚ restaurants and bars. Identify and evaluate other possible sources of revenue. ‘One of the fundamental business concepts is that a company is in business to make money’ (Hales‚ 15:2005). Revenue is the monetary amount that customers pay to receive a product or service and is the first aspect considered when conducting financial analysis as it starts the cash flow process of a company (Hales and Van Hoof‚ 2010). Moyer et al (1995)

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    1.1      g- Hotel is a bold ‚ beautiful creation in homage to modern ‚ contemporary design and G Hotel fuses cool modernity with stylish and comfort . The stunning atrium lobby‚ awashed in sumptuous lighting is accented with an imaginative and carefully selected collection of designer furniture. With 304 rooms‚ accommodative can choose to wake up to a breathtaking coastal view or just revel in pure comfort in our spacious and well-

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    Hotel management

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    August 5‚ 2013 Expires June 30‚ 2014]  Phone (63 47) 611-0130  Contact Edna Villanueva  Email globalservice_08@yahoo.com  Island Resort Club Tour Services‚ Inc.  Location Subic Bay Freeport  Address 110-112 Alpha Bldg.‚ Subic International Hotel‚ Subic Bay Freeport Zone  Description: Travel and tours  Accreditation TRAVEL AND TOUR AGENCY [Acc. No. TOP-RO3-00001102-2013 dated September 30‚ 2013 Expires June 30‚ 2014]  Phone (63 47) 252-3241/3242 (Subic)  Phone (63 2) 400-2222 (Manila) 

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    report on hotel

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    Executive summary People form an integral part of the organization. The efficiency and quality of its people determines the fate of organization. Hence‚ choice of right people and placing them at right place becomes essential. Hiring comes at this point of time in the picture. Hiring is a strategic functions for HR department. The project report is about recruitment and selection process that is an important part of the organization which is considered as a necessary asset of a company. In fact

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    Oberoi Group of Hotels

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    people worldwide and owns and manages about thirty hotels and five luxury cruisers as of 2012. The company was incorporated in the year 1949 by Rai Bahadur M.S. Oberoi to run "Oberoi Group of hotels". The group of companies‚ affiliated through common ownership interest‚ has to offer first class luxury hotels‚ airline catering‚ airport bars and restaurants‚ corporate air charters‚ travel consultancy‚ limousine services and project management. With hotels being spread out in Mumbai‚ Delhi‚ Calcutta‚ Chennai

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    Over-leveraging‚ credit default swaps and collateralized debt obligations as causes Another probable cause of the crisis -- and a factor that unquestionably amplified its magnitude -- was widespread miscalculation by banks and investors of the level of risk inherent in the unregulated Collateralized debt obligation and Credit Default Swap markets. Under this theory‚ banks and investors systematized the risk by taking advantage of low interest rates to borrow tremendous sums of money that they could

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    Hotel Report

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    A Business Plan On Lemonade Restaurant (It’s more than just a food) Project Concept A Brief Description about the Hotel Our project concept was started with an idea on how if we provide healthy and organic food to the customers for whom we thought of utilizing our own placed farm in the Gujarat itself. As Agriculture is growing in our part of Gujarat we noticed high enrichment on the growing vegetables and spices from our field of farm. Our vision is to provide a healthy and organic food

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    document is to investigate the impact of climate change on the Information Technology (IT) industry in South Africa. Initial investigation will be into what is happening to the global and South African climate based on recent studies and academic papers. By then examining the impact of climate change on each sector‚ and by examining the percentage of IT spend per sector‚ the impact on IT during our lifetimes can be extrapolated. 2. Global Climate Change; South African Impact 2.1. The average global

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    Ethic Accor hotel

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    by public sector that is responsible for following the corporate performances. Accor Group is one of the multinational companies which focus on the ethical practices in operating business. Accor Group is the world’s giant hotel operator in 92 countries with 3‚500 leading hotels such as Sofitel‚ Novotel‚ Mercure and etc. Accor Group provides a wide range of services from luxury to budget for global clients. According to the business operation‚ Accor Group hires 160‚000 employees worldwide. In order

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