of the scope of the study are also explained. 1.1 Background of study. Hotel industry is all forms of business relating to provision of accommodation in the lodging‚ food and drinks and various types of other services that are interconnected and form intended for the public services‚ both of which use the lodging facilities or who simply use the services or the production of certain services of the Hotel. As such Hotel mean commercial establishment providing lodging to travelers‚ tourist and sometimes
Premium Hotel chains Hotel Competition
HOSPITALITY INDUSTRY Hospitality is considered as a service industry‚ serving the guests with "feel-good-effect". "Athithi devo bhavha" (Guest is God) has been one of the major trends followed in Indian culture since decades. In India‚ the guest is treated with utmost warmth‚ full respect and providing the best services. The industry trend shows‚ that Hospitality is one of the fastest growing sectors in India. It is expected to grow at the rate of 8% between 2007 and 2016. Many international hotels including
Premium Hotel Tourism Hotel chains
Explain the theoretical rationale for the NPV approach to investment appraisal and compare the strengths and weaknesses of the NPV approach to two other commonly used approaches. One of the key areas of long-term decision-making that firms must tackle is that of investment - the need to commit funds by purchasing land‚ buildings‚ machinery‚ etc.‚ in anticipation of being able to earn an income greater than the funds committed. In order to handle these decisions‚ firms have to make an assessment
Premium Net present value
An Explanation of The Increase of Divorce Rate in Recent Years Đoàn Thị Hồng Nhung Ho Chi Minh City of University of Foreign Language and Information Technology KS0904 Lecturer: Vũ Thị Lan November 2012 “Marriage halves our griefs‚ doubles our joys‚ and quadruples our expenses” says a well-known proverb. A married life provides emotional support and intimacy each other. You have someone to share life ’s challenges‚ rewards and sorrows with‚ a person who
Free Divorce Marriage
Appraisal & Performance Management Words of Wisdom ‘A managerial witch-hunt and a general gripe and groan session about what I had or hadn’t done over the last year.’ ‘Performance appraisal is‚ in practice‚ more of an organizational curse than a panacea.’ ‘Assessment of performance has become a pervasive feature of modern life.’ Appraisal & Performance Management Appraisal is a process that provides an analysis of a person’s overall capabilities and potential‚ allowing informed decisions to
Premium Performance management Management
CHALLENGES FACING HOTEL INDUSTRY IN PAKISTAN ABSTRACT: Hotel industry in Pakistan makes a considerable part of the service sector. Globally the hotel industry has focused on training and human resource development to compete in the current business environment. The research was conducted to explore and find out how corporate mission and strategic goals can be achieved through corporate trainings in the hotel industry of Pakistan. Data from the targeted hotel industry were obtained through survey
Premium Hotel Hotels Sustainable development
consumer markets in the hotel industry. For a staff orientation‚ how can you analyze customer orientation: internal and external? Use appropriate cases for elaboration. Hospitality Marketing is a social and managerial process by which individuals and groups obtain what they need and want through creating and exchanging products and value with others. Marketing is becoming more important in the hotel industry. Corporate giants have entered the hospitality market. The hotel industry will consolidate like
Premium Hotel Hotels Hospitality industry
performance appraisal form template Part A Appraisee to complete before the interview and return to the appraiser by (date) A2 Pontos de discussão: Part B To be completed during the appraisal by the appraiser - where appropriate and safe to do so‚ certain items can completed by the appraiser before the appraisal‚ and then discussed and validated or amended in discussion with the appraisee during the appraisal.
Premium Personal development Competence Human resource management
Technology In The Hotel Industry The hotel industry is a multi-billion dollar business that is ever changing with society. Because of this fast-paced trend‚ hotels are changing the way they operate to better serve the guest. An establishment will do everything in its power to obtain and keep the guest clientele. Technology plays a major role in helping build‚ open‚ and operate these new beautiful and elegant hotels. How does technology play such a major role in the hotel industry? With the use
Premium Hotel Hotels Motel
Socially tourism has a great influence on the people whether the tourists or the domestic population. The hotel industry like one of the most significant parts in the tourism is one centre of attraction and interaction between people from different countries and religion in order to communicate and discover the rest of the world. Therefore the people from the both sides will be able to learn and develop their personal comprehension about the other’s culture and tradition. As a result of the increased
Premium Tourism Destination hotel