The years 2007-08 and 2008-09 were boom for the hotel industry in national capital region of Delhi. The sector began the year 2008 on a strong note. Rising tourist inflow‚ higher occupancy and room rates continued to benefit the hotel players. In the first four months of the year‚ the tourist arrivals were higher by 11.7% YoY. Existing hotel companies‚ new foreign players and real estate players continued with their expansion plans. Prospects were looking good‚ until the sector faced terror attack
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hospitality industry‚ there are several we need to keep an eye on but three we need to focus on. Either by collaboration or by competition we must be willing to change and adapt while still maintaining a focus on excellent customer service and staff retention. This is not as easy as it sounds‚ as it is a delicate balance‚ but VITAL if you are in the hospitality industry to stay. When looking at the future and what key findings we should analyze when concerning the hospitality industry‚ there are
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GROWTH OF HOTEL INDUSTRIES IN INDIA Over the last decade and half the mad rush to India for business opportunities has intensified and elevated room rates and occupancy levels in India. Even budget hotels are charging USD 250 per day. The successful growth story of ’Hotel Industry in India’ seconds only to China in Asia Pacific. ’Hotels in India’ have supply of 110‚000 rooms. According to the tourism ministry‚ 4.4 million tourists visited India last year and at current trend‚ demand will soar
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a Medium-sized Electronics Company’ suggests that the TDABC model derived from the traditional ABC model is useful for effectively analysing an organisation’s costs and profitability. The TDABC model would be an effective decision making tool for Hotel Babylon. Article Content This article examines the feasibility of TDABC in small to medium-sized organizations using a pilot implementation of this system in a company called XYZ. TDABC requires two steps of calculation: first‚ the capacity cost
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EVOLUTION OF HOTEL INDUSTRY: Overall Growth in 2005 -2006 OVERALLGROWTH IN 2005 - 06 OCCUPANCY RATE : 2.6% AVERAGE RATE : 23.7% REVP : 26.9% (IN IMR AND 28.1% IN USD) HOTEL: Hotel or Inn may be defined as an establish‚ment whose primary business is providing paid lodging facilities for the general public‚m and which furnishesone or more of the services like - Food & Beverages Services‚ Concierge‚ Bell or Door Attendants Service‚ laundry or Dry Cleaning‚ and use of furniture and
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Critical Analysis of Recruitment and Selection (R&S) Activities 3 Identification of Drawbacks of R&S Activities in Specific Scenarios 3 To Explore the HR Practices in Various Companies in UK 4 Providing Recommendation to Reduce the Impact of Disadvantages 4 Limitations of the Study 4 Literature Review 5 Recruitment 5 Strategic Determinants of Recruitment 5 Sources of Recruitment 6 External Recruitment 6 Internal Recruitment 7 Selection 7 Steps in Scientific Selection Process 8 Hypothesis
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The Implications of the Regularity Framework for the Process of Recruitment and Selection Business recruitment and selection has a set of legislation that businesses need to meet in terms with‚ as recruiting is an essential part of any organisation. There are legal and ethical frameworks; ensuring the process of job vacancies is fair and that everyone has the equal chance to be employed. National Minimum Wage The National Minimum wage is the minimum amount per hour set by the government that most
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Team Recruitment and Selection Reflections Student(s) Name Date HRM531 Instructor Name Implementing an effective recruiting and selection strategy plays a key role in organizations obtaining employees with the knowledge‚ skills‚ and abilities needed to meet their organizational goals and to succeed in the future. As consultants with Atwood and Allen‚ we were tasked this week with developing recruitment and selection strategies for our selected clients. While we have adapted and made recommendations
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the long run. The objectives of Human Resource Department are Human Resource Planning‚ Recruitment and Selection‚ Training and Development‚ Career planning‚ Transfer and Promotion‚ Risk Management‚ Performance Appraisal and so on. Each objective needs special attention and proper planning and implementation. For every organization it is important to have a right person on a right job. Recruitment and Selection plays a vital role in this situation. Shortage of skills and the use of new technology
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Study on the Recruitment and Selection Process of Prime Bank Limited Submitted by WWW.ASSIGNMENTPOINT.COM The recruitment and selection processes of an organization are two of its most important HR planning activities. The basic purpose of recruiting is to ensure a sufficient pool of applicants from which the most qualified individuals may be selected. Effective recruiting is important because sufficient number of qualified applicants is needed to ensure that selection can be successfully
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