Starwood Hotels And Leisure Industry

1755 Words Apr 15th, 2016 8 Pages
Starwood Hotels & Resorts is a Fortune 500 company specializing in the hotel and leisure industry. As noted by their website and Hoovers.com, it currently operates close to 1,300 properties across 100 countries while employing about 188,000 employees. The company was founded back in 1969 by Barry S. Sternlicht, and is headquartered in Stamford, Connecticut. The company, is comprised of nine brands of which own and lease hotels and resorts. Starwood currently operates under two segments, hotel business and residential business/ vacation ownership. Each segment is then also broken down into three segments. They are the Asia Pacific, EAME, and the Americas respectively. Now that we have a general overview of the company, let us now focus our attention to how the organization operates in terms of organizational behavior. For instance, what is the work environment like, how are employees rewarded/punished, are employees satisfied, etc. Specifically, we will address three main topics. They are leadership, work environment, and financial. Much of our discussion will be in the work environment section. We will address employee satisfaction, rewards and punishment, and layoffs/turnover. We will also briefly mention the financial aspect of Starwood. Upon examining each, we will provide possible recommendations that Starwood should undertake. The purpose of these recommendations will be to address and improve the company as a whole.
Leadership
Starwood Hotels & Resorts…
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