Economics Of Hotel And Hospitality Management

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Economics of Hotel and Hospitality Management

Author : D. K. Singh,D.K
Publisher : Unknown
Page : 294 pages
File Size : 45,9 Mb
Release : 2007
Category : Hospitality industry
ISBN : 8182040418

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Economics of Hotel and Hospitality Management by D. K. Singh,D.K Pdf

Economic Principles for the Hospitality Industry

Author : Ricardo C.S. Siu
Publisher : Routledge
Page : 203 pages
File Size : 49,9 Mb
Release : 2019-06-27
Category : Business & Economics
ISBN : 9781351610308

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Economic Principles for the Hospitality Industry by Ricardo C.S. Siu Pdf

Economic Principles for the Hospitality Industry is the ideal introduction to the fundamentals of economics in this dynamic and highly competitive sector. Applying economic theory to a range of diverse and global hospitality industry settings, this book gives the theory real-world context. Looking at critical issues around sustainable economic development in the hospitality industry such as diversification, technology, determinants of demand, and pricing, it enables students to effectively conduct business analyses, evaluate business performance and conduct effective improvements over time. Written in an engaging style, this book assumes no prior knowledge of economics and contains a range of features, including international case studies and discussion questions, to aid beginners in the subject. This will be an essential introductory yet comprehensive resource on economics for all hospitality students.

Economics of Hotel Management

Author : A. M. Sheela
Publisher : bohem press
Page : 234 pages
File Size : 46,5 Mb
Release : 2007-12
Category : Business & Economics
ISBN : 8122414192

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Economics of Hotel Management by A. M. Sheela Pdf

Explains the basic principles of economics and highlights the application of these principles to hotel management. This title emphasises on the efficacy of economic principles at both the micro and macro levels in the hotel industry.

Economics for Hospitality Management

Author : Peter Cullen
Publisher : Unknown
Page : 0 pages
File Size : 50,6 Mb
Release : 1997
Category : Hospitality industry
ISBN : 1861521790

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Economics for Hospitality Management by Peter Cullen Pdf

Cullen introduces the applications of economic concepts in hospitality management and within hospitality organisations, showing the development of policy through identification, evaluation, planning, implementation and outcome appraisal.

Economics for Hospitality Management

Author : P. Cullen
Publisher : Arden Shakespeare
Page : 224 pages
File Size : 48,8 Mb
Release : 1996-08-01
Category : Hospitality industry
ISBN : 0412605406

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Economics for Hospitality Management by P. Cullen Pdf

Economics of Tourism and Hospitality

Author : Yong Chen
Publisher : Routledge
Page : 415 pages
File Size : 48,6 Mb
Release : 2021-05-13
Category : Business & Economics
ISBN : 9781000372380

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Economics of Tourism and Hospitality by Yong Chen Pdf

This book offers students an accessible and applied introduction to microeconomics in tourism and hospitality through a comprehensive analysis of the market mechanism, demand and supply, firm behavior and strategy, and transaction and institution. This book not only helps students to master core microeconomic theories that are essential for understanding the tourism and hospitality industry, but, more importantly, it guides students to analyze consumer behavior and firm strategy specific to the industry. Throughout the book, readers are guided to develop the economic analysis of tourism and hospitality that progresses from economic intuition to graphical representation and to mathematical quantification. Carefully corralled case studies showcase the applications of key microeconomic theories in solving a wide range of real-world problems, including Uber’s surge pricing, Airbnb’s supply adjustment, and McDonald’s and Burger King vying for prime locations. This book is written in an accessible style, illustrated with exquisite diagrams, and enriched with a range of other features, such as chapter summaries, review questions, and further readings to aid readers’ further understanding. By reading this book, students will be able to develop an economist’s way of thinking, which will enable them to analyze tourism and hospitality businesses in a rigorous and critical manner. This book is essential reading for all tourism and hospitality students and teachers.

The Routledge Handbook of Hotel Chain Management

Author : Maya Ivanova,Stanislav Ivanov,Vincent P. Magnini
Publisher : Routledge
Page : 567 pages
File Size : 45,7 Mb
Release : 2016-05-05
Category : Business & Economics
ISBN : 9781317618447

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The Routledge Handbook of Hotel Chain Management by Maya Ivanova,Stanislav Ivanov,Vincent P. Magnini Pdf

Understanding the global hotel business is not possible without paying specific attention to hotel chain management and dynamics. Chains are big business, approximately 80 percent of hotels currently being constructed around the world are chain affiliated and, in 2014, the five largest brands held over a one million rooms. The high economic importance of the hotel chains and their global presence justifies the academic research in the field however, despite this, there is no uniform coverage in the current body of literature. This Handbook aids in filling the gap by exploring and critically evaluates the debates, issues and controversies of all aspects of hotel chains from their nature, fundamentals of existence and operation, expansion, strategic and operational aspects of their activities and geographical presence. It brings together leading specialists from range of disciplinary backgrounds and regions to provide state-of-the-art theoretical reflection and empirical research on current issues and future debates. Each of the five inter-related section explores and evaluates issues that are of extreme importance to hotel chain management, focusing on theoretical issues, the expansion of hotel chains, strategic and operational issues, the view point of the individual affiliated hotel and finally the current and future debates in the theory and practice of hotel chain management arising from globalisation, demographic trends, sustainability, and new technology development. It provides an invaluable resource for all those with an interest in hotel management, hospitality, tourism and business encouraging dialogue across disciplinary boundaries and areas of study. This is essential reading for students, researchers and academics of Hospitality as well as those of Tourism, Marketing, Business and Events Management.

Impact of Globalization on Hospitality

Author : Anderson Brians
Publisher : GRIN Verlag
Page : 15 pages
File Size : 51,5 Mb
Release : 2013-04-10
Category : Business & Economics
ISBN : 9783656404873

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Impact of Globalization on Hospitality by Anderson Brians Pdf

Seminar paper from the year 2011 in the subject Business economics - Miscellaneous, grade: B, University of Cambridge, language: English, abstract: The rapid development of international economic integration and globalization has led to significant changes in hospitality industry. Therefore, it is necessary to dwell on various aspects of globalization as the process influencing the current and future developments in hospitality industry. This research will be based on the assumption of a generally beneficial impact of globalization on the industry’s development, and the analysis presented here will seek to substantiate this claim. For the purposes of this discussion, globalization shall be defined as the “ever-tightening network of connections which cut across national boundaries, integrating communities in new space-time combinations” (Hall 1992, p.299). While this definition may seem excessively broad, it is likely to better encapsulate the essence of globalization than the explicitly economy-oriented ones. This paper shall deal with the various expressions of globalization influences in modern hospitality industry. Given the extremely important role of the multinational corporations (MNCs) in contemporary tourism and hotel sectors, a case study of Hilton Hotels Corp. as the paragon of the globalized hotel chain will be integrated in this research. Further, a Business Performance Management (BPM) theoretical model shall be employed to evaluate the comparative performance of the prominent global hotel chains. Proceeding from the latter, a preliminary conclusion on the present state of the market may be formulated. Similarly, the problems of labour market and technological innovations shall be integrated into the study’s research framework. Finally, the issue of business strategies shall be raised, with several examples thereof being subjected to comparative analysis.

Strategic Management for Hospitality and Tourism

Author : Fevzi Okumus,Levent Altinay,Prakash Chathoth,Mehmet Ali Koseoglu
Publisher : Routledge
Page : 375 pages
File Size : 45,5 Mb
Release : 2019-10-30
Category : Business & Economics
ISBN : 9781351188494

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Strategic Management for Hospitality and Tourism by Fevzi Okumus,Levent Altinay,Prakash Chathoth,Mehmet Ali Koseoglu Pdf

Strategic Management for Hospitality and Tourism is an essential text for both intermediate and advanced learners aspiring to build their knowledge related to the theories and perspectives on the topic. The book provides critical and analytical insights on contemporary theoretical models and management practices while enhancing the learning process through worked examples and cases applied to the hospitality and tourism setting. This new edition highlights the rapidly changing socio-economic and political global landscape and addresses the cultural and socio-economic complexities of hospitality and tourism organizations in the new era. It has been fully updated to include: A new chapter on finance, business ethics, corporate social responsibility, and leadership as well as new content on globalisation, experience economy, crisis management, consumer power, developing service quality, innovation and implementation of principles. New features to aid understanding of the application of theory, and spur critical thinking and decision making. New international case studies with reflective questions throughout the book from both SME’s and large-scale businesses. Updated online resources including PowerPoint presentations, additional case studies and exercises, and web links to aid both teaching and learning. Highly illustrated and in full colour design, this book is essential reading for all future hospitality and tourism managers.

The Economic Ascent of the Hotel Business

Author : Paul Slattery
Publisher : Goodfellow Pub Limited
Page : 284 pages
File Size : 40,8 Mb
Release : 2012
Category : Business & Economics
ISBN : 1906884676

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The Economic Ascent of the Hotel Business by Paul Slattery Pdf

The Economic Ascent of the Hotel Business is about the hotel business and the economic contexts in which it has evolved. Now in its second edition, it is fully updated and includes a new chapter which examines the options for the world economies, their implications for the hotel business and their impact on hotel chains in the decade to 2020.

Hotel Revenue Management: From Theory to Practice

Author : Stanislav Ivanov
Publisher : Zangador
Page : 205 pages
File Size : 46,9 Mb
Release : 2014-03-15
Category : Travel
ISBN : 9789549278637

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Hotel Revenue Management: From Theory to Practice by Stanislav Ivanov Pdf

This research monograph aims at developing an integrative framework of hotel revenue management. It elaborates the fundamental theoretical concepts in the field of hotel revenue management like the revenue management system, process, metrics, analysis, forecasting, segmentation and profiling, and ethical issues. Special attention is paid on the pricing and non-pricing revenue management tools used by hoteliers to maximise their revenues and gross operating profit. The monograph investigates the revenue management practices of accommodation establishments in Bulgaria and provides recommendations for their improvement. The book is suitable for undergraduate and graduate students in tourism, hospitality, hotel management, services studies programmes, and researchers interested in revenue/yield management. The book may also be used by hotel general managers, marketing managers, revenue managers and other practitioners looking for ways to improve their knowledge in the field.

Hospitality Management

Author : Eli Sampson
Publisher : Scientific e-Resources
Page : 344 pages
File Size : 48,9 Mb
Release : 2018-10-15
Category : Electronic
ISBN : 9781839472817

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Hospitality Management by Eli Sampson Pdf

Hospitality management is the study of the hospitality industry. The hospitality industry is vast and very diverse. Any time people travel, stay in a hotel, eat out, go to the movies, and engage in similar activities, they are patronizing establishments in the hospitality industry. The management of such establishments is very challenging, as managers need to be flexible enough to anticipate and meet a wide variety of needs. Hotel Management, as the term suggests, is focused on managing all aspects related to the functioning of a hotel. From the time a guest arrives at a hotel to the time he checks out, the responsibility of all activities during the guest's stay in the hotel forms part of Hotel Management. Hospitality management graduates are highly employable, applying their skills to careers in events, hotel and conference management, sales and business development and forestry and fishing management. Hospitality management means 'managing' an event, or when referring to managing a hotel, it would mean managing all the different departments and members of staff so that the paying guests feel welcomed and enjoy their stay. It is important that these people know that you are warm and friendly, so that they would probably return to the venue again in the future. This book has been developed as an attempt to provide some literature on vast growing hotel industry. This text will help immensely those who are desirous of joining the industry to equip themselves with a career in front office, housekeeping, food production, food and beverage service and tourism.

Hospitality Business Development

Author : Ahmed Hassanien,Crispin Dale
Publisher : Routledge
Page : 287 pages
File Size : 54,9 Mb
Release : 2019-11-06
Category : Business & Economics
ISBN : 9781351033688

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Hospitality Business Development by Ahmed Hassanien,Crispin Dale Pdf

Hospitality Business Development analyses and evaluates the different aspects of business growth routes and development processes in the international hospitality industry. It considers the essential features of the strategic business context, in which any hospitality organisation operates. Since the first edition, the hospitality industry has evolved significantly with the emergence of new entrants, new technologies and evolved global market structures. This new edition has been updated to reflect these developments in the field and includes the following: New contemporary topics such as social enterprises, business models, social capital, value proposition, co-creation and the sharing economy. Examples and case studies on hospitality organisations from across the world to demonstrate the globalisation of the hospitality business. A new up-to-date standard for explaining the hospitality business development concept, scope and process. This book equips students and aspiring hospitality managers with the necessary knowledge, expertise and skills in business development. It is a must-read for anyone studying or working in the hospitality industry.

THE HOSPITALITY INDUSTRY

Author : Vesselin Blagoev,Elena Yuryevna Nikolskaya,Leonid Alekseevich Popov
Publisher : Varna University of Management
Page : 104 pages
File Size : 49,6 Mb
Release : 2019-06-01
Category : Business & Economics
ISBN : 9789546350299

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THE HOSPITALITY INDUSTRY by Vesselin Blagoev,Elena Yuryevna Nikolskaya,Leonid Alekseevich Popov Pdf

This book is designed to assist the university students, hotel managers and employees in the hospitality industry, especially in the hotel business. It covers the development and the current status of the hospitality industry, concentrating on the hotels and other means of accomodation. Special attention is paid to the hotel classification and management of personnel.