By Franko Ference Hotel ratings are often used to classify hotels according to their quality. The development of the concept of hotel rating and its associated definitions display strong parallels. From the initial purpose of informing travellers on basic facilities that can be expected‚ the objectives of hotel rating has expanded into a focus on the hotel experience as a whole. Today the terms ’grading’‚ ’rating’‚ and ’classification’ are used to generally refer to the same concept‚ that is to
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Mini Case 1: Hotel Continental By Rodriguez & Echanis Fundamentals of Management‚ Text & Philippine cases (6th Ed) Quezon City‚ Philippines: Diwata Publishing‚ Inc.‚ pp. 69 – 74 I. Personal Perspective To venture to another business as an answer to a growing demand could be an opportunity to grow and expand ones capability in handling business. There are so many nature of businesses and each requires keen knowledge if not thorough for
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is more than just “telling and selling.” Marketing is managing profitable customer relationships. The twofold goal of marketing is to attract new customers by promising superior value and to keep and grow current customers by delivering satisfaction. Hence‚ marketing is defined as the process by which companies create value for customers and build strong customer relationships in order to capture value from customers in return. Today‚ marketing must be understood not in the old sense of making
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Adrien May 1‚ 2013 Period 8 Fontainebleau Hotel Around this part of the state‚ there are several buildings with different forms of South Florida architecture. This is especially so in the areas of Miami-Dade county and Broward county. I am really fascinated however with the style of the Miami Midcentury Modern style. One such building that I have taken pleasure in that incorporates this style would be the Fountainebleau Hotel. The Fountainebleau Hotel also known as Fontainebleau Miami Beach is
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Hotel Security HTT/ 200 September 19‚ 2010 Patti Thomas Hotel Security When the physical safeties of hotel guest are concerned‚ the areas that come to mind are the indicial rooms‚ parking garages and elevators. Since the events of 911‚ the industry has elevated its goal for safety. There are other security issues important in a hotel‚ with regard to protecting a guest‚ maybe surveillance and security staff. Having trained individuals to be on high alert at all times while guests
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Customer equity is a result of customer relationship management. Customer equity is the total of discounted lifetime values of all of the firms customers. In layman terms‚ the more loyal a customer‚ the more is the customer equity. Firms like McDonalds‚ Apple and Facebook have very high customer equity and that is why they have an amazing and sustainable competitive advantage. Customer Equity is made up of three components. Value Equity‚ Brand Equity and Relationship Equity. Value Equity
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Hotel Rwanda is a movie based on true history in 2004 historical drama‚ about the hotelier named Paul Rusesabagina played by a man named Don Cheadle. This took place during the Rwandan Genocide of 1994. The film was called an African Schindler’s List. Directed by Terry George‚ the film was co-produced by US‚ British‚ Italian‚ and South African companies to help wit the ideas and the budgets. The filming done on location in Johannesburg‚ South Africa and Kigali‚ Rwanda to help the plot of the story
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DUBAI DREAM PALACE Introduction: The process of building a hotel is never easy. Building a hotel like the Burj Al Arab would seem an almost impossible task given the fact that the man behind the whole idea wanted a building that would cross all boundaries be it in terms of luxury‚ size and other factors to become the world’s first 7 star hotel. So what were some of the principles applied when building this magnificent building? Vision Definition - Unusual competence in discernment or perception;
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Customer Satisfaction Satisfaction is a person’s feeling of pleasure or disappointment resulting from comparing a product’s perceived performance in relation to his/her expectations. Short of expectation = Unsatisfied customer Matches expectation = Highly satisfied customer A short of expectation means an unsatisfied customer while a matched expectation means a highly satisfied customer. Customer satisfaction is the relationship of perceived performance to expectation. It is a form of expectation
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Using value-chain analysis to discover customers’ strategic needs David W. Crain and Stan Abraham David Crain‚ a marketing and strategy consultant‚ is visiting professor of marketing at Whittier College‚ CA‚ and former Director of Marketing at Fluor Corporation (davidwcrain@aol.com). Stan Abraham is professor of strategy and entrepreneurship at Cal Poly Pomona (scabraham@ csupomona.edu) and author of Strategic Planning: A Practical Guide for Competitive Success (Thomson South-Western‚ 2006).
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