RevPar in the Hotel Industry RevPAR RevPAR‚ or revenue per available room‚ is a performance metric in the hotel industry‚ which is calculated by multiplying a hotel ’saverage daily room rate (ADR) by its occupancy rate. It may also be calculated by dividing a hotel ’s total guestroom revenue by the room count and the number of days in the period being measured.[1] Since it is only a measurement for a point in time (say a day‚ or month or year) it is most often compared to the same time frame.
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Recruitment and Selection Strategies Recommendations HRM/531 November 13‚ 2014 Recruitment and Selection Strategies Recommendations With the expansion of Clapton Commercial Construction on the horizon‚ Atwood and Allen Consulting have created these recommendations for recruitment and selection. Clapton Commercial Construction will be expanding by twenty percent into Arizona‚ which is a new market for them. In this proposal we will discuss the need to recruit/select for the expansion project‚ the
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June 27‚ 2014 HRM531 Landslide Limousine has given us the opportunity to help them develop their recruitment and selection strategies. Recruiting and selecting the right candidate can be a very overwhelming process. In this document I have put together a series of recommendation that I believe will help the process become a lot less stressful. My recommendation will cover the following areas • Organizational goals • Forecasted demographic changes • Workforce diversity objectives • Organizational
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A COMPARATIVE STUDY: RECRUITMENT PROCESS OUTSOURCING AND IN-HOUSE RECRUITMENT Recruitment is an important part of an organization’s human resource planning and their competitive strength. Competent human resources at the right positions in the organization are a vital resource and can be a core competency or a strategic advantage for it. The objective of the recruitment process is to obtain the number and quality of employees in order to help the organization to achieve its goals and objectives
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INFORMATION SYTEMS AND RECRUITMENT Among the many definitions of Human Resource Management (HRM)‚ this paper will approach it from a sistemic perspective. That is to say‚ HRM comprises the whole range of activities from the need to fill a free post to the time when an employee leaves the firm. The first one is the recruitment process‚ which is divided into three stages: Application‚ selection and socialization. This paper will leave out the latter‚ focusing in the use of HRIS (Human Resources
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+ Letter of Transmittal 15th March 2012 Dr. Faruq Ahmed Professor Dept. of Management Studies University of Dhaka. Subject: Submission of Internship Report. Sir‚ With due respect‚ I would like to inform you that‚ I am a student of Dept. of Management Studies‚ University of Dhaka. It is an absolute pleasure for me to submit the internship report titled ‘Human Resource Management Practices in Dhaka Bank Limited’ as a significant part of my B.B.A Program. I have tried my level best to make
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An Integrated Research Review of Ethics Articles in Hospitality Journals 1990 to 2000 Christine Jaszay‚ Ph.D. Associate Professor Director of the Marion W. Isbell Endowment for Hospitality Ethics Northern Arizona University May 20‚200l Purpose The purpose of this paper is to review and assess the hospitality literature on ethics to result in a synthesis of the material. At the onset‚ it was assumed that there were many articles on the topic of ethics in the various hospitality journals
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CHAPTER :1 INDIAN HOTEL INDUSTRY OVERVIEW 1.1 INTRODUCTION Since the opening of the market and the rapid economic development‚ the travel and tourism industry has blossomed. The hotel industry’s fortunes are closely linked to this sector of the economy. But the availability of hotel rooms has not kept pace with the increasing demand. Moreover‚ as India accounts for only 0.5% of the global tourist trade‚ there is immense scope for growth. The World Tourism Organization (WTO) expects the Indian
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The hotel industry in India is going through an interesting phase. One of the major reasons for the increase in demand for hotel rooms in the country is the boom in the overall Economy and high growth in sectors like information technology‚ telecom‚ retail and real estate. Rising stock market and new business opportunities are also attracting hordes of foreign investors and international corporate travellers to look for business opportunities in the country. Hotel industry is also inextricably
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Sustainability in the Hospitality Industry and What the Future Holds In the 1970’s‚ most hoteliers weren’t concerned with environmental conservation or social enhancement programs. The catalyst for change in these attitudes began with a major energy crisis in the United States during the 1970’s which drove up energy prices and limited the spending capabilities of consumers and business owners alike. Due in large part to the limited supply of energy‚ the hotel industry began employing programs and techniques
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