premium segment of the hotel industry. We have carried out Porter’s Five Forces Model analysis of the premium segment of the hotel industry and compared it with some industries like IT‚ Cement and Textiles which have shown growth potential in recent times. This has been carried out to give an idea of the forces relative to other industries for an investor. Next‚ we identified some of the dimensions of strategy for the industry and analyzed the major players in the industry based on these dimensions
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Hotel Industry/Marriott Analysis Analysis of the Hotel Industry Industry Profile The need for lodging for individuals after traveling a great distance from home has been around since mankind began living inside of dwellings. To serve this need‚ hotels‚ or as they were more commonly referred to‚ inns‚ were created as a means to accommodate these travelers. In fact‚ the first recorded inn in America opened in 1607. Since their introduction they have grown in complexity‚ amenities‚ price‚ and
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Economic Analysis of the United States Hotel Industry Background Information Our team chose the hotel industry in the United States for our economic analysis. The hotel business has existed since the earliest times‚ and has influenced the development of the economy since the founding of this country. According to the American Hotel and Lodging Association‚ in the year 1900‚ there were fewer than 10‚000 hotels in the US which provided 750‚000 to 850‚000 rooms. The 2004 figures show that
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SWOT analysis of Sheraton Hong Kong Hotel. Strengths of Sheraton Hong Kong Hotel 1. Best Location and Seaview Hotel located at Tsim Sha Tsui‚ it is center of Hong Kong‚ many shopping complexes and near Hong Kong Space Museum‚ Cultural Center‚ and major corporate offices. MTR‚ Star Ferry and Bus Terminus are nearby. 2. Famous Brand 3. It also has a Grand Ballroom and 14 function rooms to host business meetings‚ large conference or celebration. Hotel offers meeting and business services including
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1.0 Introduction and Scenario Banyan tree hotel group was established in1994 with one single resort in Phuket‚ and in recent years ‚ it has own more than 20 resorts and hotels‚ 60 spas‚ 70 retail galleries and 3 golf courses(Banyan tree hotel group‚ 2012).As the leading of international boutique hotels‚ Banyan tree hotel group are providing the unique service combined with green conscience . In the next five years‚ Banyan tree hotel is panning to extend their business into Middle East ‚ Central
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Analysis of Strength‚ Weakness‚ Opportunities and Threats (SWOT) And Revenue Projections for Hotel Orbit‚ Bagdogra Strengths 1. Locational advantage- Proximity to the Airport‚ Army and Air Force Base; 2. Huge Demand for rooms in Bagdora in the absence of any good hotels except Marina’s Motel in Bagdogra. Marina’s Motel has 24 rooms. Marina has ARR of more than Rs 2000 with an average occupancy of 70% plus. 3. Hotel Orbit in Siliguri is an established and strong brand.The
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Introduction In the Introduction I have researched a given division of the Hotel area In Kolkata i.e. extravagance storing up of Hotels. The paper settled on the present Macro Business in India and its connection to the friendliness business. The focuses are as runs with:- Macro Environment may be depicted as the major outside and uncontrollable segments that impacts a conglomeration’s choice settling on and effects its choice making and approach. (PESTEL) Political‚ Social‚ Economical
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The Travel and Tourism Industry in Perspective NAME: DATE: 1. Which of the following would be internal (“push”) factors in terms of influencing people’s decisions to travel? a. climate and collectibles b. health needs c. geography and wildlife d. entertainment and cuisine 2. People traveling to India to visit the country’s cultural and historical centers are likely to be attracted by __________ factors affecting their decisions to travel. a. push b. pull c. give d. take
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Indian Software Industry In 1998-99‚ the software industry in India was worth Rs. 158.9 billion (US$ 3.9 billion). If the value of in-house development‚ which is taking place at many large corporates‚ is added then the figure would touch around Rs. 190 billion (US$ 4.6 billion). This phenomenal growth has not been achieved overnight. The C.A.G.R (Compounded Annual Growth Rate) for the Indian software industry revenues in the last five years has been 56.3 percent. Here the C.A.G.R. for the software
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International tourism to reach one billion in 2012 PR No.: PR12002 Madrid 16 Jan 12 International tourist arrivals grew by over 4% in 2011 to 980 million‚ according to the latest UNWTO World Tourism Barometer. With growth expected to continue in 2012‚ at a somewhat slower rate‚ international tourist arrivals are on track to reach the milestone one billion mark later this year. International tourist arrivals grew by 4.4% in 2011 to a total 980 million‚ up from 939 million in 2010‚ in a year
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