BELMONTE‚ ARBI ARJONA‚ JOANNE CECILIA MANCENIDO‚ IANNE MENDOZA TALAMPAS‚ JOE CASE: SWOT ANALYSIS FOR STARWOOD HOTELS & RESORTS WORLDSIDE INC. DATE OF SUBMISSION: May 17‚ 2014 (SATURDAY) SUMAMRY: Starwood Hotels & Resorts Worldwide‚ Inc. (Starwood Hotels) is one of the largest hotel and leisure companies in the world. Starwood Hotels‚ along with its subsidiaries‚ owns‚ operates and franchises hotels and resorts. As of June 30 2010‚ the company operated 1‚011 hotels
Premium Hotel Middle East
Starwood Hotels is one the largest hotel companies in the world. At the end or 2010‚ their chain comprised 1‚027 hotels with approximately 302‚000 rooms in nearly 100 countries. The hotels were either owned or leased (62 properties)‚ managed on a hotel management contract (463) or franchised hotels (502 properties). Over half their hotels are in North America and the Caribbean and one quarter in Europe‚ Middle East and Africa (EMEA). Most of their brands are in the upper end of the market‚ and
Premium Hotel Six Sigma Motorola
following you will find a brief discussion on Starwood Hotel and Resorts Worldwide’s mission and vision statement and a brief profile on the company. Mission Statement Starwood’s mission is to consistently exceed our guests’ expectations in terms of the products and services we provide to our business and leisure travelers. We strive to create an experience that is responsive to our guests’ needs by using the information you entrust us with responsibly. Starwood is committed to respecting your privacy
Premium Hotel
Starwood Hotels & Resorts Worldwide‚ Inc. is one of the largest hotel ownership and management companies in the world. Starwood‚ headquartered in White Plains‚ New York‚ owns‚ operates‚ franchises and manages hotels‚ resorts‚ spas‚ residences‚ and vacation ownership properties under its nine owned brands. Currently‚ Starwood owned‚ managed‚ or franchised over 1000 properties in over 100 countries and employees 145‚000 people at its’ owned and managed properties. Starwood Hotels is a fully integrated
Premium Hotel
Starwood: Operations as a Competitive Weapon Before 2002‚ meeting and event planning among Starwood properties lacked consistency (Krajewski‚ Ritzman‚ & Malhotra‚ 2010). Each individual property had its own unique approach to event planning‚ paperwork requirements‚ and available technology and resources (Krajewski‚ Ritzman‚ & Malhotra‚ 2010). Starwood realized that meetings and events were critical for the continued success and growth of the brand‚ as a large volume of the hotels’ business
Premium Management Strategic management Marketing
Identification of Case problem Since India has a growing hospitality market they don’t have as many resources available which poses many problems for entrants into the market. Starwood plans to introduce the aloft brand into the untapped Indian hospitality market which creates a huge question mark as to whether or not there is a market in India for the economy brands. The skilled labour market is very slim in India‚ making it difficult to hire the right type of service oriented employees. The cultural
Premium Investment American Express Open Travel Alliance
Starwood Hotels Mission and Current Performance A) A vision statement needs to include what the company wants to become. In Starwood’s vision statement the vision is vague. They are not in the Life Style business‚ nor strongly in the Consumer Products business. Their business is the hospitality business and it is not emphasized properly. Starwood lacks a mission statement. As so they do not address the nine components of the mission statement that describes what the business is. There is a
Premium Hotel Revenue Hotel chains
Starwood Hotels & Resorts Competitor Analysis Market Performance: Starwood’s market share should either stay the same or grow in the future. With plans to continue expanding into emerging markets like China and continuing to get out from under their real estate ownership and move toward a more management/franchise focus their revenues should continue to increase over the next few years. Starwood competes by focusing on their brand name. They want the name to evoke thoughts of comfort‚ style
Premium Financial ratios Profit Hotel
ALLAMA IQBAL OPEN UNIVERSITY‚ ISLAMABAD (Department of Business Administration) PROJECT MANAGEMENT (5539) CHECKLIST SEMESTER: SPRING‚ 2011 This packet comprises the following material: 1. Text Books (Two) 2. Course Outlines 3. Assignment No. 1‚ 2 4. Assignment Forms ( 2 sets ) In this packet‚ if you find anything missing out of the above mentioned material‚ please contact at the address given below: Mailing Officer Services Block No
Premium Project management Management
Projects and Project ManagementOrganizational leaders are facing complex challenges through a rapid rate of change in both the technology and government which has then created pressure in new and existing organizations. As a result‚ the traditional structure for managing is giving way to a new form of management (Kerzner‚ 2003). This form is project management. How can this be? Projects have been around since the building of the pyramids (Dobson‚ 2003). In 2650 B.C.‚ the step pyramid was built
Premium Project management