Global Hotels and Motels

Everybody can travel around the world because of transportation, such as planes, ships, buses, and trains, and lots of accommodation, such as hotels, resorts, motels, and casino hotels. However, the importance of the casino hotels is growing because tourists can enjoy most activities in the casino hotels. The casino hotel which offers almost everything is the Cosmopolitan of Las Vegas. Many tourists who love gambling and shopping usually visit Las Vegas, so the market place and the economic impact of Las Vegas’ hotels on hospitality industry in the U.S. is significant. “The U.S. can expect 6-8 percent average annual growth in tourism over the next five

Hotels- the most important accommodation subsector which provide the greatest total employment within the tourism industry at the global

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.

Hilton Hotels is one of the biggest players in the US lodging industry. It contributes to about 9% of the total rooms in US lodging market. It has presence in over 78 countries with more than 2500 hotels. Lodging industry is highly capital intensive industry, so to reduce capital expenditure Hilton Hotels opted for self-owned Hotels as well as franchising model with the real estate owners. One of the key features of lodging industry is low switching costs for customers. There is very little margin to differentiate from the major competitors in the industry which include Marriott international, IHG, Accor etc.

In the case of Astor Lodges, the company has not been making a profit for five consecutive years and a marketing strategy needs to be put in place. The hotel industry saw $16.7 billion pre-tax profit in 2004 along with 4.4 million hotel room available in the country. The competition of 213 affiliated hotels with a brand company is going to be a challenge but attainable. From 2004, objectives are completed but still turning over unprofitable years with marketing plans put in place.

Despite Amber Inn & Suites lodging revenue growth, they are not profitable due to year-on-year increased advertising media budget, and the “free-night-stay” promotion. Simply put, they must harness their variable cost in order to achieve the profitability goals of the corporation. Amber Inn & Suites revenue per available room is approximately $5 less than the national average (Kerin and Peterson, 2007). VP of Lodging and CFO cherish the business traveler market, and are obstructive when presented with expanding their

There are 12 leading hotel chains which have various branches within those chains. Each accommodate different numbers of guests and different types of guests. Before 2008 there had been massive expansion in preparation for a large upturn in the industry however when the expansions were finished the market was in withdrawal leading to the largest downturn in the lodging industry. The major economic characteristics influencing the lodging industry have to do with business meetings and conference related travel taking 40% of the business in the whole industry of 2010. The hotel industry is dominated

Corporate Social Responsibility (CSR) is about delivering sustainable value to society, as well as to owners and shareholders, for the long-term benefit of both. A number of hotel chains have long since recognized that having sound social policies makes good business sense and has its own inherent paybacks. Good CSR policies are evident within the large hotel chains, particular those with a strong brands and a good reputation to maintain. Furthermore, the value of a skilled and happy workforce – their most important asset – is recognized and promoted. However, the sector may be perceived to be remarkably modest in publicizing the way which it engages with and supports its employees, and therefore a significant number of positive CSR initiatives remain uncelebrated.

Since 2003, there has been an improvement in the performance of the average daily rate, occupancy and revenue per room for all hotel segments. However, these improvements came after substantial declines on all these measures in 2001 and 2002 after a peak year in 2000. In 2004, the “average occupancy across all hotel segments was 61.3%, the average daily rate was $86, and the revenue per available room was 453”. Even after looking at these results, the 5 major hotel segments still varied significantly on these performance measures.

The following report was derived from the primary use of secondary sources, in addition to telephone contact with hotel representatives. Secondary sources included research from the Internet, industry books, company marketing communications, trade and general business newspapers and magazines, among others. Through all the sources, relevant data and information was extracted into the report's appendices. After individual analysis and group discussion, the following report was devised. The mandate of this report is to provide a macro examination of the luxury hotel industry and specifically the future outlook of Four Seasons Hotel and Resorts, Inc.

The Ritz-Carlton Hotel Company operates within the upscale & luxury hotel industry. While it could be argued that Ritz-Carlton operates in the more broad and inclusive lodging industry, they offer a highly differentiated product and service and therefore find themselves operating in an exclusive industry alongside very few direct competitors, such as Four Seasons Hotels, HongKong and Shanghai Hotels, and Starwood Hotels & Resorts. Therefore when analyzing this industry I will not be including cheap hotels, motels, lodges, or inns, unless to offer potential substitutes to luxury hotels. In order to assess the attractiveness of the upscale & luxury hotel industry, an analysis of the general environment surrounding the industry must be

Another benefit is that these chains have a particular expertise that these smaller hotel owners may not possess; it could inspire the other hoteliers to become more creative in order to compete against the high fliers. These big companies also could specialise in certain target markets, for example a hotel in Cornwall targeting young couples looking for a weekend away. This creates a broader range of hotels under the boutique spectrum, again creating a larger customer base.

In 2016, the United States hotels & motels industry is forecast to have a value of $179.5 billion, an increase of 30.6% since 2011.

Marriott has been in the lodging hospitality business for 85 years. (Marriott.com) Marriott’s mission statement helps define the company’s values and goals. The goal of Marriott is to become the number one lodging company in the world. This goal can be an ongoing challenge with the lodging industry being one of the most competitive industries. Hyatt Hotel Corporation is one of many Marriott competitors. Just like Marriott; the Hyatt Corporation has a mission statement and core value statement. There are several similarities and differences between the two organizations values’ and mission statements.

The hotel industry is one of the most prolific industries in Australia due to its presence in society and, the impact it has on the nation’s economy. Advances in technology since the end of the 20th Century have allowed the service market of a hotel to develop rapidly (Hilton Melbourne South Wharf