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Describe the particular business and its operations, as well as industry challenges and opportunities it faces - Essay Example

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Describe the particular business and its operations, as well as industry challenges and opportunities it faces Introduction Company overview and position of its sector in hospitality or tourism industry Global hospitality and tourism industry is becoming highly competitive due to increasing market demand and presence of several leading global organizations…

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Describe the particular business and its operations, as well as industry challenges and opportunities it faces

It is one of the largest luxury hotel chain headquartered in Maryland. Hospitality industry is one of the emerging industries around the globe. The hospitality & tourism sector is one of the major global economic growth drivers (Papatheodorou 2006). Company’s product, services and facilities Marriott International has nearly 3,800 properties around the globe. The organization has employed almost 144,000 employees globally. Marriott International is considered as one of the most ethical companies. The organization is recognized as a US based MNC. The organization manages and franchises an extensive portfolio of hotels, resorts and lodging facilities. The organization operates its business practices in more than 74 countries around the globe. Marriott Hotels & Resorts, JW Marriott Hotels & Resorts, Renaissance Hotels and Gaylord Hotels are the successful and popular properties of Marriott International. All the properties and extended brands provide simple, elegance and inviting atmosphere to its guests. As these are luxurious hotels they provide several premium services to its guests including fine dining, signature service amenities, twice-daily housekeeping, 24-hour room service, business & fitness centers, concierge services and deluxe & suit level of comfort-personal services. ...
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