The Advantages Of Relative Influence On Hotel Management

The technology enhancement improves the efficiency of the supply chain, safeguard customer information and boost infrastructure associated with the target web portal for supporting online and mobile community an offensive complementary strategic option. The internal information

Application development: Having a real-time electronic interface with wholesalers created competitive advantages such as reducing cost.

Implementation: The costs of the recent changes have been internalized but additional cost in financing might be needed to stay with the current business configuration. Also, opportunity costs of funds taken away to build up inventory levels might accumulate in the future and opportunity costs

As we can see, both alternatives imply as well opportunities and risks. If I were the decision maker in this case I would surely choose the alternative to implement the new technology that will allow the company to create innovative products.

Barriers to get into the hotel industry are huge, which make the hotel industry not look appealing to new entrants.

In this case, Elite Hotel is planning to employs a total of 300 full-time staff across 7 departments for locals are cheaper than their foreign counterparts. It is good news to the hotel owners and also forces hotel management companies to think carefully when staffing a hotel. As Tim Williams (2013) addressed, "Do not hire expats as Resident Manager, Rooms or F&B Director unless you think they have the potential to push through to GM."

(a) make sure that the way he manages the hotel is appropriate to the way it competes for business;

This segment strategy is based on the idea that brand name is part of process of giving tangibility to what is essentially in tang legible. In this regard the brands values is based on potential guests awareness of the brand, there perception of its quality and over all customers satisfaction.

Organisations are now faced with new and improved ways to provide basic services to customers and a major challenge for managers is to locate the most appropriate technology innovations for their business.

O 'Neill & Mattila (2010) in their published article makes the following assumptions regarding the hotel industry.

“The capital of the world is in 23 different places”- this was the tagline used by the General Electric Company when it expanded its business in 1995. It is very valid for India as well. India is emerging as one of the leading economies of the world and the rate of growth in every sector of the economy is immense. The hotel industry is very sensitive to economic cycles and is therefore intrinsically linked to the state of the economy. At present, there are over 462 hotels in the country and the total number of rooms is around 58612. Hotel room supply has increased in 2010-11 by 15% while the nationwide occupancy has increased by 1.7%. Although the growth in supply is a double digit figure but the growth in occupancy signals the fact there

"A customer is the most important visitor to our premises. He is not dependent on us. We are dependent on him. He is not an interruption to our work; He is the purpose of it. He is not an outsider to our business; He is part of it. We are not doing him a favour by serving him; He is doing us a favour by giving us the opportunity to do so."

Every organisation has a reason or purpose to exist. Its purpose forms the basis for the organisation’s mission. An organisation’s mission can be expressed in a mission statement. A mission statement defines the unique purpose that sets one hotel or hotel company apart from others. It expresses the underlying philosophy that gives meaning and direction to hotel policies. Hotel employees may derive a sense of purpose from a well-conceived mission statement. For example, a hotel 's mission may be to provide the finest facilities and services in the market while providing a good place to work for its employees and a reasonable return on investment to the owners.

1.)I have been working since I was about 17, and as of now I have held multiple different positions, in various institutions. Each of these positions required a different set of skills and attributes, nevertheless they all required the same dedication and focus. I have always been one to show up and complete with my daily tasks, however there is a specific situation that I recall that required me to step up and do more than I was required to.

Businesses will also have to procure information technology assistance for the advanced technology to be readily available for all employees. This service can prove to be worthwhile to the organization in order to maintain their new technology. This, of course, is usually an added cost since it is service-oriented unless it is included in the cost of the technology as a whole.