Table of Contents Introduction 5 External Environment Analysis 7 Internal Environment Analysis 10 Porter’s Five Forces 13 Tows Matrix 15 Overview of Financial Performance 16 Boston Consulting Group (BCG) Matrix 17 Competitive Profile Matrix 18 Strategy Formulation & Methods of Development 19 Conclusion 20 Recommendations 21 Evaluation of Learning 22 Bibliography 23 Table of Figures Figure 1: Economic Survey-----------------------------------------------7 Figure 2: Visitor Arrivals-----------------------------------------------------8 Figure 3: Top 15 Markets----------------------------------------------------8 Figure 4: Porter’s five Forces-----------------------------------------------13 Figure 5: TOWS …show more content…
Singapore is an extremely safe place by any standard(Jennifer, 2009), because the government carried out strict punishment for those who violates laws. It’s a efficient way to reduce the rate of crime. Since 1970, Hilton Singapore was supported by government to serve for their customer. Economic analysis The Singapore economy has experienced one of the highest rates of growth in the world over the past three decades(Ramkishen S. Rajan, 2009). The figure below indicates the national income like GDP and labour market during 2006 to 2009. Figure 1: Economic Survey [pic][pic] (Source: Ministry of Trade and Industry, Annual Statistics, 2006-2009) Compareing with 2008, the unemployment rate increased by 3% in 2009 and the Gross Domestic Products (GDP) of Singapore declined about S$8,500 million from 2008 to 2009(Ministry of Trade and Industry, 2009). At the end of 2009, although GDP is less than that in 2008, it can be found the labour force and employed persons these two sector becomes a grow trend. The average rate of unemployment rate shows the economy still not revived. It illustrates the number of changes in employment slumped about 75%. Social analysis Except for a small number of indigenous Malays and Orang Laut, the population of Singapore which grew under British rule were immigrants from the immediate region, and
The Overlook Hotel is shown through extreme long shots throughout the movie. This is done to establish the setting surrounding the hotel and make the viewer feel a sense of isolation. This adds to the overall tone of the movie, as when things start to take a turn, the viewer feels a sense of helplessness. At the beginning of the film, the hotel is introduced after a montage is shown of a car driving down a long, windy road, surrounded by miles of trees, bodies of water, and mountains. While these nature shots are being shown, unsettling music plays in the background. This montage establishes a sense of isolation and makes the viewer feel how far and out of the way one must travel in order to get to the hotel. Once inside the hotel, there are many high angle shots and large rooms shown. However, as the film progresses and things take a turn for the worse, the shots are eventually more confined, creating the sense of being trapped and isolated.
In the novel The Hotel New Hampshire, John Irving sets the beginning of the story in 1955 where women are portrayed as innocent, vulnerable individuals suit for cleaning. As the Berry family is discussing how Mr. and Mrs. Berry met each other, John Berry, the narrator informs the audience of what his mother did as a job while working at a hotel, he states, “My mother was a chambermaid, although she dressed in her own clothes for serving dinner, and she helped serve cocktails under the tents to the lawn parties” (Irving, 5). It was common for women during the 1950s to be the one’s who clean wash clothes, and prepare dinner. Earlier, John mentions how education was also different for his mother, “My mother, who (being a girl) could never go to Dairy School, attended the private female seminary also in town” (6). Girls were not admitted into the school which John’s mother attended. The Dairy School, which is across from the family hotel had not yet accepted girls into the school, the time setting in the novel was now early nineteen fifties. While Chipper Dove is walking and steps in a pile of poop, he turns to another football player and demands that he cleans his shoe for him. The football player that was instructed to clean Dove’s shoe, Poindexter, shows resistant. Dove then rudely states to Poindexter,“‘They don’t have girls here yet, Poindexter,’ said the running back from Boston, ‘so there’s nobody but you to clean the shit off my shoes’” (51). It is clear to see that Dove’s words portray him as a person that believes girls are the one’s who are responsible for all of the dirty work, and the cleaning - of his nasty shoe.
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.
Hilton Hotel is founded by Conrad Hilton, they started their operation since 1919 and since then, they become one of the well-respected premier hospitality organizations with diverse employees worldwide. Currently, they have more than 4,600 owned and franchised hotels and resort chain in 100 countries. It has more than 200,000 rooms to accommodate guests from different parts of the world. It has more than 400,000 employees and team members to answers the needs of their guests (Hiltonhotelworldwide.com, 2016). In most of their branches their organizational structure is simple, with managers and supervisors from a different department, including admin, marketing, finance, human resource, concierge, food and beverages, housekeeping and etc.
It is also easy for many other companies to set up headquarter in Singapore as their starting point in Asia to make it possible to reach to its market point. In addition, Singapore is unique in different lifestyles and culture. It is also known for its capability of attracting sizable foreign investment, pro-business environment and entrepreneurs. Singapore focuses more on a knowledge based economy which can be seen in its education sysem. Furthermore, Singapore is located in the heart of Asia and it plays an important role in international
Jack Torrance is very unsettled, unhappy and lies in his desire. He has a potential to be a good father, a good husband and a good writer. However, his temper, his alcoholism and the memory of his abusive acholic father had made him a monster. Losing his goodness after alcoholism took over him, he has becoming weak. The evil of Overlook Hotel expanded the demon in Jack and took over him through time. Some of the way the hotel locked down Jack as part of the evil inside it is by the scrapbook. Jack found the scrapbook while snooping around in the boiler room. For Jack, the scrapbook is an idea for his novel he wants to write. His wishes of wring this novel keeps Jake wanting to stay at the Overlook. This scrapbook made him extremely powerless and hooked in knowing more about the secret of Overlook Hotel. So, jack being able to find the scrapbook easily inform that the hotel left if for Jack to find it easily. According to John Connolly, on “The Irish Times: You Are What You Read” he said, “The evil in The Shining is ingrained in the wood and stone of the Overlook Hotel, but it’s also a little worm in the booze-soaked soul of the frustrated writer Jack Torrance”. Overlook Hotel can decimate once ability and it knows who to take in and make part of the hotel. Jack was one of them because of his weakness and desperation to write the novel. It wants Danny, because of his special ability which is shining and his shin is powerful; but whether it gets him or not is down to Jack
There were two major happenings that temporarily effected Singapore’s economy between 2001 and 2003—the worldwide electronics slump and the outbreak of Severe Acute Respiratory Syndrome (SARS). Both times, growth bounced back, by world demand for electronics, pharmaceuticals, other manufactured goods, and financial services. The return was mostly contributed to by the economies of its major trading partners—the United States, the European Union, Japan, and China, as well as expanding emerging markets such as India (Bureau of East Asian and Pacific Affairs, 2010). The next
In 2008, the economy is expected to weaken slightly. As the US is coping with its economic problems, with the possibility of oil prices increasing, if the US goes into a serious recession, this will definitely affect the Asian region and Singapore will be greatly affected. If the US was to suffer a serious recession in its economy, it will most likely drag “Singapore’s GDP growth in the upper half if the 4.5-6.5 per cent forecast range” This situation will be clearer in the first quarter of 2008.
Singapore has a highly developed market which has historically revolved around extensive exports trade, in other words an export driven economy hugely dependant on export of goods to other countries.
With foreign manufacturing industry entering Singapore market the manufacturing sector and its share in GDP grew from 16.6% in 1965 to nearly 30 % in 1980 and in 1993 manufacturing contributed to about 28 % of the total GDP and accounted for nearly 28% of employment. Singapore’s GDP raise to 13 times between 1960 and 1999. The nation has shown greatly decrease of figure of poverty. (United Nations 2000)
Singapore has a racially diverse and multi-cultural society, being a multi-ethnic country means that Singapore relies on social cohesion as well as communal harmony to function. It is necessary for Singaporeans to be able to accept, trust and work with each other in order to maintain peace and stability in the country.
Hotel Chain as showing to us practice is the most effective way of integration to hospitality business. The main advantage of such integration it is immediately creating customer base and bigger potential market of customers, cost reduction due to general management, logistics, marketing; common quality standards; centralized training and, as a consequence of all
Singapore is an island that lies just off the southern tip of the Malay Peninsula between the South China Sea and the Indian Ocean. Its strategic location on major sea lanes has provided the country with an economic importance in Southeast Asia. Singapore is often considered as a base for global enterprises looking to expand into Asia and Asian enterprises looking for global connectivity. Located at the heart of Asia, Singapore is sitting at the centre of business opportunities. Having the four key attributes - Trust, Knowledge, Connected and Life, Singapore is being positioned as an ideal city to Work, Live and Play. Singapore was ranked first in Mercer’s Quality of Living Survey 2009.
The Singapore economy had proved its resilience during the worst post-war recession and experience exceptionally high economic growth during the 42 years since its independence. For the period 1966-1973, the economy expanded consistently at a double-digit growth rate in real terms (Kum Poh, 1982, p.1). Gross Domestic Product (GDP) at constant prices continues to rise at an annual rate of 8 percent till 2005. With population growth at 2.1 percent, per capita GDP increased by 5.8 percent on average each year (Gesquiere, 2007, p. 12).