Wait a second!
More handpicked essays just for you.
More handpicked essays just for you.
Economic analysis of hotel
Don’t take our word for it - see why 10 million students trust us with their essay needs.
Recommended: Economic analysis of hotel
The hotel industry is considered extremely labour-intensive and exploitative in nature. Hotels are said to have adopted autocratic style of managing its employees, thereby, not being in favour of taking in inputs from the employees over the work processes and towards the betterment of work environment. Employee development is hotel industry is not considered a main issue, rather a side issue. The main focus of hotels is, in fact, providing job enlargement to its employees so that they can flatten and rationalize the management structure in order to reduce the headcount level. There is a lack of innovation in the industry and the industry still works within the traditional boundaries of employment practices and methods of working …show more content…
Proper work force planning would lead to a healthy “employee-job role fit” and thus, it would reduce work dissatisfaction and other factors which could cause discomfort such as unavailability of suitable alternatives for the employees to carry out their tasks completely and correctly. Service quality is also sometimes at a disadvantage for smaller hotels. It has been suggested that the only ways to differentiate hospitality services among different hotels is either price competition or providing additional services connected with a particular service, that is, complimentary services to give the employee an extra-level of satisfaction and a different experience altogether. (Yang and Fu, 2009). The workforce is considered as the most important asset for the hotel industry. However, to achieve results to the full potential, it is necessary that they are carefully and aptly chosen, and then optimized. There are certain performance gaps that are not manifested and remain latent, until workforce planning is done and these gaps impede the execution of some business-level …show more content…
First method is Internal Supply Analysis which states that the organization has to evaluate supply internally in order to meet the demand. On a quantitative basis, the hotel business will have to look at the capability-performance match even within jobs that are fully staffed in order to reduce the level of attrition, turnover, retirement and mobility of workforce of specific individuals. Demand planning also has to be technologically-driven to bring out accurate results (Peter Louch and Vemo,
Many nursing experts believe that evaluation is the most crucial part of employee development. Debate the pros and cons of this statement and decide whether the statement is true. If it is not true, then what constitutes the most important part of employee development?
The competition in the hospitality industry is increasing. Hilton and Intercontinental Hotels are of same class, offering same quality services; this is making each hotel to face very high threats of substitute products. For model, in the absents of Hilton, Intercontinental will satisfy the customers’ needs perfectively and the same time, if Intercontinental is absent, Hilton will satisfy the needs of the customers perfectly.
Kusluvan, S., Kusluvan, Z., Ilhan, I., & Buyruk, L. (2010). The Human Dimension A Review of Human Resources Management Issues in the Tourism and Hospitality Industry. Cornell Hospitality Quarterly, 51(2), 171-214.
The sample represents all U.S. regions and several different hotel location types, including city (47.7%), suburb (15.2%), airport (15.2%), and resort (21.9%). The total data presented here are from hotel managers (N = 98) and hourly employees (N=66) who completed a baseline survey followed by daily diary telephone interviews for eight consecutive days.
Accor Hotels is a multinational hotel group which owns, operates and franchises over 3700 in 92 countries representing several different brand names. The brands they represent range from budget, economy to five star accommodation. This hotel group is classed as a large organisation, they call their Human Resource department Talent and Culture this department consists of managers and staff who 's main focus is the Human Resource Management roles and responsibility. The Human Resource role and responsibility within the Accor company is the human resource manager as it a large business, this department supports business and running of the business. The human resource manager is responsible for employee engagement, employee relations, recruitment and selection, health and safety and legislation.
...xcellent work will motivate. Behavioural control should be another aspect used at Junction Hotel. This should be emphasised during training of the staff, which I would recommend for the hotel to repeat as they are currently lacking consistency in the hotel training. Workers should be taught how to greet guests and behave infront of customers. Some features of McDonaldization could be used here, with always greeting guests with a smile and a welcoming statement (“Hello, how can I help you today?”). However, it is important that unlinke McDonalds workers who are very mechanical and robotic, the workers at the hotel engage in friendly convocation with the guests to make them feel welcome. Furthermore, it is important that the staff recruited identify with the corporate objective of Junction Hotel and thrive to turn the business into a profitable enterprise once again.
The hotel industry performs within a saturated market, driven by customer loyalty and competitive pricing to stand-out. This competitive nature makes it extremely important to capitalise on strengths while improving on
Simon, E. (2003). Successful hotels use hands-on hiring, retention practices. Hotel & Motel Management, 218(11), 54.
As international business and trade expand, there is no doubt that international connections will become more and more significant for the hotel industry. According to Zhang Zhen (2005), in the late decades, many hotels have received foreign customers one day or another. However, since the sector evolved, and with the advancement of technology and transportation systems, the industry’s structure has become more and more complicated in regards to management, dependency and ownership. Zhen further states that there are two main reasons why hotel chains started to look for occasions to ent...
Due to mad rat race competition in organizations, they are inventing and enforcing new strategies in the market as well as within the company too. Hospitality industry faces several critical business challenges which in turn require organizations to build new capabilities in order to achieve targets. Some of main challenges are profitability through growth, Technology, skilled workers and employee’s motivation. Interestingly, Human resource department is playing a vital role in order to make these strategies effective and efficient. Before implementing the process, they need the important component which is analyzing the workflow and job desi...
The Hotel industry has become very important in the past years due to immense traveling and growth of international business. Hotel industry not only plays an important role in the life of people but as well as the economy of the country. Development and advancement in the Hotel industry have rapidly been taking place and especially since the rapid change in technology, it is very important for hotels to be promptly keeping up to date. When the hotel industry is spoken of, there are many famous hotels but one hotel company that has been outstanding in growth and other aspects of business, like in Leadership, Teamwork (Employee turnover), Motivation (Customer retention and satisfaction, Goals and objectives, (changing the way hotel business has worked), and Change within the company; structurally inside and physically outside, adding elements, like entertainment, gaming, and outdoor activities, is the Hilton Hotel Company.
b) Managers – that they have very little to no control over their property or employees. It seems like many important decisions have been taken away from managers, and they can not react in the best interest for the hotel chain because what’s in the customer’s best interest is usually not the same as the company’s best interest.
Hotel industry is a branch of industry that provides all kinds of hotel and business services related to the provision of accommodation, food and beverages and also in a variety of other services. As we know the main purpose of it is to provide accommodation to travellers who offers the basic things usually commercial granted in the household, it also has many other functions such as provide services that serve as business exchange centres, sociability whether casino or a social gathering, they also become places of public assembly and debate, in addition to being a place to stay permanently. (Dictionary of American History, 2003)
“The objective of this phase is to identify events and or future trends that will affect the hotel industry over the next five years. Also, the impact that those events and trends will have on your business in terms of cost and revenue changes and the timing of the impact.” (Fedele, 2010) For each of the external environment, it is also to identify what will affect the performance of the business.
They seek for fresh talent rather than lateral hires. The reason behind their seeking for fresh talent lies with the fact that though experienced person can tackle the problems more efficiently but it is the young blood who can treat it innovatively, also its easy to shape a raw diamond rather than shaping a polished one. Also they hire give opportunity to the ones from small towns and sub-urbs. As the staffs are considered to be the backbone of hotel industry, A sound recruitment process ensures that right skilled and able people are employed. Recruitment followed by a good induction and training is like polishing the raw diamond which makes an employee more efficient with a high potential. Many a times Taj provides its employees with an 18 months training programme as compare to a standard of 12 months training programme. It is through recruitment and selection that the management to determine the behavioural characteristics and competence of the employees and gradually modifying them if needed. At Taj the employees are treated as a family member and the differences occurring if any are resolved in the most peaceful way where no employee feels biased and being ruled over by the powerful one. Also they arrange for the recreational activities of the employees during off season to rejuvenate them and motivating them to work with new zeal and enthusiasm. One of the best thing about Taj is the persons are treated equally