Renaissance Bangkok

Topics: Marriott International, Hotel chains, Ritz-Carlton Hotel Company Pages: 16 (4250 words) Published: December 20, 2012
InterInternship Report Renaissance Bangkok Ratchaprasong Hotel

By Mr.Satawat Suwannatrai 53011015040 Hotel Inter “A part of requirements for Internship” Semester 3, Academic year 2011 Mahasarakham University


This report is a part of 2nd year internship at Renaissance Bangkok Ratchaprasong hotel, which are includes the information of the internship host, scope of duties and responsibilities of student, objective of internship, benefit from the internship, problem solution and recommendation and attitude toward hospitality career after the internship. This report has been written after I spent 2 months internship in the position of Purchasing Trainee in the financial department at Renaissance Bangkok Ratchaprasong Hotel. This report is a part of requirements for an internship, semester 3, academic year 2011.


Table of content
History of Marriott About Renaissance Bangkok Ratchaprasong Hotel Renaissance Bangkok Ratchaprasong Hotel Bangkok Organization Chart Business strategy Management within the department Processes about purchasing Benefits from the internship Benefits from the experience in term of practical Benefits from the experience in term of personal growth Problem solution and recommendation Recommendations Map & Transportation Appendix Reference 4 6 17 18 21 31 32 32 33 33 34 35 36 42


History of Marriott
Over 80 years after that first business venture, we’re still going strong with continued plans to grow and innovate worldwide. Explore our exciting history and the key milestones we’ve celebrated each decade since our founding. Marriott was founded by J. Willard Marriott in 1927 when he and his wife opened a root beer stand in Washington D.C.. As a Mormon missionary in the sweltering, humid summers in Washington D.C, Marriott was convinced that what the city needed was such a place to get a cool drink. They later expanded their enterprises into a chain of restaurants and hotels. The Key Bridge Marriott in Arlington, Virginia is Marriott International’s longest operating hotel, and celebrated its 50th anniversary in 2009. Their son and current Chairman and Chief Executive Officer, J.W. (Bill) Marriott, Jr. has led the company to spectacular worldwide growth. Today, Marriott International has about 3,400 lodging properties located in the United States and 67 other countries and territories. Edwin D. Fuller is the current President and Managing Director of International Lodging for Marriott International. Marriott International was formed in 1992 when Marriott Corporation split into two companies, Marriott International and Host Marriott Corporation. In 2002 Marriott International began a major restructuring by spinning off many Senior Living Services Communities (which is now part of Sunrise Senior Living) and Marriott Distribution Services, so that it could focus on hotel ownership and management. The changes were completed in 2003. In April 1995, Marriott International acquired a 49% interest in the Ritz-Carlton Hotel Company LLC. Marriott International believed that it could increase sales and profit margins at the Ritz, a troubled chain with a significant number of properties either losing money or barely breaking even. The cost of Marriott's initial investment was estimated to be about $200 million in cash and assumed debt. The next year, Marriott spent $331 million to take over the Ritz-Carlton Atlanta and buy a majority interest in two properties owned by William Johnson, a real estate developer who had purchased the Ritz-Carlton Boston in 1983 and expanded his Ritz holdings over the next twenty years. The Ritz began expansion into the lucrative timeshare market among other new initiatives made financially possible by the deep pockets of Marriott, which also lent its own in-house expertise in certain areas. There were other benefits for Ritz-Carlton flowing from its relationship with Marriott, such as being able to take advantage of the parent company's reservation system...
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