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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The Hotel Industry Overview The hospitality industry covers a diverse range of establishments providing hospitality services in the form of accommodation‚ meals and drinks. A large proportion of people working in the hospitality industry are employed part-time and this is an increasing trend. It is estimated that by the year 2007 about 55% of the people employed in the hospitality industry could be working full-time and 55% part-time. This reflects the realities of the industry‚ where there is
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Resource Practices In Hotel Industry INTRODUCTION TO HOTEL INDUSTRY One of the fastest growing sectors of the economy of our time is the hotelindustry. The hotel industry alone is a multi-billion dollar and growingenterprise. It is exciting‚ never boring and offer unlimited opportunities. Thehotel industry is diverse enough for people to work in different areas of interestand still be employed within the hotel industry. This trend is not just in India‚ but also globally. Modern hotels provide refined
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Sustainable Development in Hotel Industry by Chandershekher Joshi “Customers’ green attitudes are‚ in general‚ significantly associated with their expressed intentions to visit a green hotel‚ to spread word-of-mouth about a green hotel‚ and to pay more for it.” -- International Journal of Hospitality Management “Eco-friendly hotels get higher consumer reviews than their non-green counterparts.” -- Travelocity Executive Overview Today‚ ‘Green’ or ‘Sustainable’ hotel becomes a buzz world
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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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Keywords: cloud computing‚ Quality of Service‚ hotel industry Abstract. This research focuses on the major issues that weigh upon a hotel company’s decision to implement cloud computing. In this study there was a random selection done for 15 hotels (5 hotels five stars chains‚ 5 franchised hotels 3 and 4 stars and 5 local hotels). The aim of this paper revolves to (I) Study and analyze the major issues have an impact on hotel company’s decision to move to cloud computing. (II) Test the current
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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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Strengths Global presence Starbucks has a widespread global presence. The company operates about 13‚168 retail store locations. The company ’s widespread presence provides it with widespread brand recognition and a strong customer base. A disciplined innovator Starbucks is a disciplined innovator. The company effectively manages its innovation time line generating consistency in same store sales. Starbucks ’ ability to roll out new products relatively quickly is a considerable competitive
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