the chain has introduced a strategy to “promote the chain’s drive for ‘greater and greener customer comfort’”. (Mintel 2009) The Company The chain is owned by the French firm ‘Accor’‚ a global corporation operating in the travel and tourism industry. Accor leads a number of brands‚ with Ibis falling under its ‘Accor Hospitality’ sector. As a two star hotel‚ Ibis is part of Accor’s ‘economy brands’‚ sharing the stage with 2-3 star ‘All Seasons’. Ibis hotels provide simple accommodation features
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The Top 10 Hotel Groups in the World IHG Retains Top Spot Surpassing the 600‚000 Room Mark Due to pre-planned projects‚ most leading hotel groups posted positive supply growths / MKG Hospitality’s world ranking 2009. WORLD‚ 26 May 2009: UK-based InterContinental Hotel Group (IHG) retains its number one position in the world‚ surpassing the 600‚000 room mark. Meanwhile‚ Hilton Hotels recorded the largest growth among the top 10 at 9.3%‚ bringing their global room count to over half-a-million
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Introduction With tourism stakeholders becoming more aware of their impact on the environment‚ culture of the hosting destination and difficulty of ensuring viable long term economic operations and profitability‚ sustainable tourism practices has become the pillar of many business strategies. The aim of this assignment is to learn how to phrase a question in the field of hospitality management and corporate social responsibility‚ how to look into this question and eventually how to report about
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Organization Background Accor first opened its Novotel in 1967 in Lille Lesquin. Through decades of operating and developing‚ Accor now acquire a large brand portfolio vary from luxury to economic around the world. Accor‚ today‚ presents in 92 countries with more than 3‚500 hotels and 440‚000 rooms. Accor’s ambition is to provide innovative and high quality product for the industry. In 2009‚ Accor have seen a big pressure on their capital in balance sheet. Moreover‚ their net profit decreases
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No less than 25 years ago‚ Harold Schultz joined a small American chain of coffee shops in Seattle as the director of retail and operations (Starbucks). Since then‚ Schultz ’s vision has transformed Starbucks into a transnational giant on a scale similar to the international growth experienced by McDonalds. By the end of 2006 the firm had a total 12‚400 stores across 37 different countries (Starbucks 2006). In this essay I will explore the academic literature on international business and apply it
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2012 was an intense‚ eventful year in which we defined the major milestones that will enable us to reach our ambitious objective of becoming the global benchmark in hospitality. With the Executive Committee‚ I am pleased to present our results‚ review our accomplishments and share our road map for the four years to come. In many ways‚ 2012 will remain a watershed year for our Company‚ which stepped up its transformation into a more asset-light model‚ while delivering robust financial results in
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GIORDANO Our Vision: To be the best and the biggest world brand in apparel retailing Our Mission: To make people "feel good" & "look great" A Brief History Giordano was founded in Hong Kong in 1980 by Jimmy Lai. In 1981 it opened its first retail store in Hong Kong and also began to expand its market by distributing Giordano merchandise in Taiwan through a joint venture. In 1985‚ it opened its first retail outlet in Singapore. Until 1987‚ it sold exclusively men’s casual apparel. When
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insignificant share in overseas markets. That scenario has evolved dramatically. Today‚ Internationalisation proves to be one of the most significant trends within retailing and although it is not a new concept altogether‚ it is a concept that has accelerated tremendously within the last two decades (Hanf and Pall. 2009: 2) The following paper aims to provide an insightful discussion on the concept of Retail Internationalisation and the factors that retailers need to be wary of when considering global expansion
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1. INTRODUCTION Toyota is Japan’s biggest car company and the second largest in the world after General Motors. It produces around eight million vehicles per year‚ about a million fewer than the number produced by General Motors. Toyota markets vehicles in over 160 countries. The company dominates the market in Japan‚ with about 45% of all new cars registered in 2004 being Toyotas. Toyota also has entered in the uropean and North American market . It has significant market shares in several fast-growing
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corporate performances. Accor Group is one of the multinational companies which focus on the ethical practices in operating business. Accor Group is the world’s giant hotel operator in 92 countries with 3‚500 leading hotels such as Sofitel‚ Novotel‚ Mercure and etc. Accor Group provides a wide range of services from luxury to budget for global clients. According to the business operation‚ Accor Group hires 160‚000 employees worldwide. In order to achieve corporate policy‚ Accor Group implements the
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