Ritesh Agarwal- The man who succeeded in getting what he dreamed of
You might have heard about many personalities and their success stories or about their struggling life, but the personality which I am going to talk about in later para is far away from them. What I mean is that the person is totally different from them and he marked a spot among the existing business tycoons and left a question behind them that whether a guy who is just 17 years of age can climb the stairs of success so quickly or not. Well, he is at the zenith of his career and he thought of expanding his business which he previously thought not to abjure at the mid way if any pitfall comes in between. You are getting baffled whom I am talking about, right. Well, he is none other than the founder of OYO
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The idea is new and he transformed his Oravel Stays in to OYO Rooms which he re-launched it in 2013.
Still, you might have thoughts in your mind what exactly OYO Rooms is all about, right. It is a simple online portal which helps to get a hotel room in any location of India under the budget easily. As time passes, OYO rooms got its position among the existing businesses and by the end of 2013 it enhanced its connections over many parts of the country by connecting with the major hotels of India.
In 2014, OYO Rooms raised a funding of 4 crore from DSG Consumer Partners & Lightspeed Venture Partners. Since then, OYO has become the biggest technology giant and widespread its connection over 20 cities with a huge database of 350+ hotels and around 4000 rooms across the country. At present, if you want to access OYO Rooms you can download its mobile application and can book your budget hotel easily and conveniently. The larger your dreams the more you have to work hard for getting it. Ritesh Agarwal did the same and he got what he dreamed
For example, Bill Gates, the world’s richest man, earned a scholarship to Harvard University, and took his time and spent it all on the school's computer and he knew he had potential. So he dropped out of college his sophomore year, and started a company: Microsoft. This man is what is known a as a pure risk taker. Gladwell states, “Bill gates got to do-real-time programming as an eighth grader” (12). He then evolved his company and he launched it on April 4th, 1975. He knows how to sell his products to needing customers. He interprets how to communicate with customers to attract them to his product that he wants to sell. He excelled at monopolizing his company. In all, he went way beyond just ten years. He knew that in all these events that led to his goal, he was exceedingly lucky. This does not mean he wasn't a brilliant man or that he just relied on luck. He just had excellent communication skills and knows how to sell and induce customers to buy his product, and this led him to achieve a great
Today, in the business world, there are many influential and successful men and women; however, one particular man has influenced my life, as a role model and inspiration. Matthew Menner is the senior vice president of strategy for Transplace, Inc. He works for a leading third-party logistics and technology solutions provider, focusing on transportation management business processes outsourcing. Throughout his life he has held many jobs, but they all have one thing in common: each job he has received is from his network. Though his jobs are respectable, it is not just those that have inspired me; it is how he got there and the process of becoming a successful business leader that motivate me. Matthew Menner graduated from Green Mountain College, where he received his associates degree in liberal arts. From there, he followed his dream of working on the railroad and went to college at Syracuse University and completed a bachelor’s degree in business administration-marketing management, and masters in transportation and distribution-marketing management (Green Mountain College). After meeting Menner during a presentation at Castleton State College, I realized he reminded me of myself. His inspiring story encouraged me to believe I can and will achieve my goals because of the determination and drive he has shown me I possess. I know I can accomplish the unimaginable, because of Menner’s success.
In Edgar Allan Poe's short story, "The Masque of the Red Death", Poe use many symbols
E.M. Forster 's A Room with a View tells the story of Lucy Honeychurch 's excursion to Italy with her older, unmarried, less wealthy cousin, Charlotte Bartlett. Lucy’s time in Italy proved the notion that Italy can have great affects on anyone. While in Italy, Lucy met a distinctive group of people who were also residing at the Pension Bertolini. The group included clergy members, a writer, and some who just loved to travel the world. They were of various social statuses, temperament and political views. Most of the members of the group were older than Lucy and offered worldly, insightful, wisdom. The pension guests opened Lucy’s eyes, heart and mind to diversity in people, perspectives and opinions. Lucy 's exposure to thoughts and
The Orange Room is creative consulting, an idea for group problem solving to implement finding the problem the emphases begins with observations following up with Brain Storming, then implementing the problem. My interview with Jeanette sparked in her a memory of a sweet time in her life as she recalled the working through the process of the Orange Room with her co-worker, Dan. The Orange Room was created in the mid 1990’s out of the desire to coach others to creatively connect during the process of problem solving.
Company. Rosewood is a 25 years old luxury private hotel management company having 12 hotels in different countries. The company is known by unique, “one-of-a-kind properties” with very luxury style. The total rooms capacity worldwide is 1513 rooms. The company has only 5% of cross-selling rates, which is one of the lowest in the industry compare with corporate branded hotels (10%-15%) and individually branded hotels (5%-10%).
Mandarin Oriental Hotel Group is a luxury hotel line which owns and manages hotels and residences (linkedin.com, n.d.). They currently have 45 hotels and 15 residences and are steadily continuing to grow (Mandarinoriental.com, n.d.).
One of the biggest losses was in 2010 when Hilton’s debt restructuring had created a lose of $180 Millions for the Federal Reserve Bank ( Guerrera). Three years later, in 2013, Hilton was faced with a different financial problem which was the bond debt of $2.5 Million that made Hilton used their reverse funds and occupancy tax to pay off the interest (Reutter). And then the next year, In 2014, Hilton lost $5.6 Million instead of the plan of making $7 Million in profit ( Broadwater). Despite those problems in the last five years, Hilton revenue still increased steadily throughout the years. Hilton is using different POS systems to control and manage their business depending on the brands. They mostly use Agilysys POS system for their luxury brands such as Waldorf Astoria Hotel and resort and Curio resorts. They also use Micros POS systems from Oracle company for a lot of their other hotels such as Embassy Suites, etc. Having popular and good POS systems, they can control their businesses in any hotels easier and faster. In the financial report of 2016, they said that they want to focus more on management, franchise and timeshare. By the end of 2016, Hilton had been franchising 4,175 hotels with 573,404 rooms. By doing franchising, they can collect the fee from their franchisees which include application fee, royalty fee, monthly program fee and quality assurance program cost which brought them a lot of profits and also helped expanding their brands. Beside franchising, they also focused on hotel and timeshare management, which they also collected a certain fee: a base management fee, incentive and monthly fee. For hotel and timeshare management, Hilton has more benefits since the owners pay for all the other necessary fees and charges which including operation fee and other
Mission Statement The company Mandarin Oriental Hotel Group is a leader in the hotel industry. owning and operating some of the world’s finest de luxe and first. class hotels. The mission Their mission is to completely delight and satisfy our guests.
Amenities, location, packages, rates, special offers - just a few of the many factors that are considered when choosing the functions of a hotel. I was very curious to see how different types of hotels differ in what they offer, how they offer it, and where they offer it. These services are extremely significant because they are what define a hotel. They define what type of guests they are targeting, what type of hotel they want to be perceived as, and what level of service they want to deliver to their guests. The impression of the hotel left on the guest is essential for the success of the hotel. The idea of adding amenities to keep up with competition or getting creative with services offered is not new. The Journal of Retail & Leisure Property mentioned that starting in the 1970’s, “hotels and resorts tried to gain market share from their competitors by increasing amenities in the guest rooms.” The services and amenities have always been a factor when deciding what approach to take when trying to find the most success. By comparing an average 2-3 star hotel with a 5-star hotel, I was able to gain a better understanding of the different services offered in hotels and the different expectations that certain guests have in their stay.
The hotel industry is one of the fastest growing industries in India. The total market size of Indian tourism and hospitality sector stood at US$ 117.7 billion and is expected to touch US$ 418.9 billion by 2022. The foreign direct investment (FDI) inflows in hotel and tourism sector during April 2000 to July 2013
Some of it depicts business visionaries as verging on legendary characters who acquire their abilities from an exceptional hereditary mix. In any case, examination lets us know that entrepreneurship can be learned. The information in this article gives a few attributes and aptitudes you
It is true that most entrepreneurs typically have a flair for the creative and a lot of energy. They are born with it. But having these characteris...
This company provides accommodation facilities with hospitality for people who come from other areas but this is not a hotel service. This is called first unhotel hospitality product which enable guest to live like locally by experiencing luxury facilities. This concept has gone beyond the hotel service and it is called as vacation home. This great business concept was created in 2009 on the mind of Grey Marsh who is the CEO of this company. They are keeping their relationships with two parties to be success in their business and to make high profit in the market place. In here, they provide their service to typical high market home owners by giving the opportunity to let them out their home for people while the home is
The path to achieving great success is not easy. Whereas there are many shortcuts, the long and patient walk is what takes a person many miles ahead. This concept applies to any individual who aims at becoming a successful businessman. The process of becoming a successful businessman requires a person to attain several accomplishment levels. Each of the level takes energy and time, as well as the ability to recognize the things that make a person truly successful in the business world and life. Becoming a successful businessman requires measurements that take into account not only the monetary and material gains but also the greater scheme of things. Therefore, true success measure achieves in light of creating wealth and value. These factors are vital in the lifetime of success as they present an intangible worth and measurable profit. This essay discusses the way a person can become successful as a businessman.