strategic hospitality management - Literature review Example

Only on StudentShare

Extract of sample
strategic hospitality management

In discussing about the hospitality brands, that are owned, managed or franchised by the group, it can be said that the brands has a presence in almost every category like luxury, full service, select service, extended stay suites as well as timeshare. The Hilton Worldwide in the year 2011 was credited as the fastest growing major hotel company. As of the year 2011, the hospitality chain accumulated around 30 million HHonors members out of which 3.5 million members joined in the year 2011 itself. The hotel brand has presence in various continents around the world like the Americas, Europe, Middle East, Africa as well as Asia. Vital information about the company is given below in a summarised format: In 2011, the hotel company had an inventory of over 630,000 rooms all over the globe. The company is the owner of multiple popular brands which are present in around 90 countries. In the year 2006, the annual revenue of the hospitality company was around 7.44 billion USD. ...
Download paper

Summary

Hilton Worldwide Table of Contents Business Bit 3 Journalistic Article 4 Overview of the global hospitality industry 4 Growth of the company in the recent times 6 Growth prospect of the company in markets around the world 6 Brief Conclusion 8 Reference 9 Business Bit Hilton Worldwide is a global hospitality chain based in America and is owned by the private equity firm Blackstone Group…
Author : kokon

Related Essays

Cultural diversity in human resource management within hospitality industries
The literature published on the particular issue is explored. It seems that the forms of cultural diversity as part of the HRM in hospitality industry can be differentiated across firms in accordance with the local social and cultural principles; the ethics of each organization in regard to this issue have also an important role in choosing the HRM strategies of firms operating in the hospitality industry. The aspects of HRM in three major organizations in the hospitality industry, Hyatt, Hilton and Marriott are presented in order to show the common forms and effects of cultural diversity for...
11 pages (2761 words) Essay
Strategic Human Resource Management
The coverage of HRM also extends to a comprehensive approach to the workplace environment and culture, towards enabling the staff of the organization – participate actively and productively, in the overall direction of the organisation and the pursuit towards its goals and objectives. HRM has been shifting from the traditional administrative, personnel and transactional roles, which are often outsourced. The real purpose of HRM in today’s business world is to add value to strategic utilization of staffs, and that staff programs impact on the outcomes of the organization in measurable ways...
12 pages (3012 words) Assignment
Hospitality and Tourism Strategic Planning
The rooms of this hotel had the facility of running water, though cold, and the air condition luxury in its public rooms. It was in the year 1947 when a hotel named Roosevelt Hilton was launched at New York City. This hotel pioneered in providing its guest rooms with televisions. By the year 1948, the Hilton Hotel was identified as the first hotel company to come up with the new system of multi–hotel reservation. This gave birth to the modern reservation system that is used today (Hilton Worldwide, 2012). As years passed, the company paced up its innovations and came up with new concepts and...
14 pages (3514 words) Essay
International Hospitality Management
However, Boonghee at el ( 2011,P.194) argues that a organization should not set its strategies based only on the national culture especially for product that are designed for individual users since individuals may show different cultural behaviors from the behavior perceived at national point. This is more common in countries that have population that has different cultural practices and backgrounds. National culture concept is more applicable in societies and nations studies but in business perspective individual consumer culture very important and company’s strategies can be valuable if...
12 pages (3012 words) Essay
Dynamics of Hospitality Industry Management report
The industry has had major the negative impact on environment. The impacts have revolved around the usage of water, electricity, non-renewable energy and food wastage. Some hotels have been accused of spilling industrial refuse into rivers affecting the aquatic ecosystems. The hotel industry is embarking on training and equipment to ensure that employees make conscious decisions that encourage sustainability. This includes formulation institutional policies that enhance sustainability. The hotel industry hopes to reduce the waste output, energy consumption, water consumption and carbon dioxide...
6 pages (1506 words) Assignment
International Hospitality Management
The information that is provided online is important to stimulate the researcher or the would-be consumer of the hospitality product and services to have good memories of the travel. To reach the consumer, the operators can make use of digital marketing (Wind and Vijay, 2001) through search engines, mobile phone applications or location based marketing. It is important to make the product appealing and have the best prices for the content placed in the internet. Having the requisite infrastructure to respond or meet the needs of the consumer is important for hospitality industry operators in...
11 pages (2761 words) Essay
strategic human resource management in tourism and hospitality
The SHRM approach focuses on long-term HR issues and macro-concerns such as organizational culture, values, commitment, and structure, among other things. In this view, Strategic HRM guides organizational decisions concerning personnel recruitment, training, development, performance management, and appraisal; personnel relations strategies, policies, and practices are also a key concern to SHRM. Unlike the traditional HRM, SHRM is an integrated approach in that its HRM strategies are integrated both with the business strategy and with one another. Strategic HRM plays a very crucial role in the...
17 pages (4267 words) Essay
Got a tricky question? Receive an answer from students like you! Try us!