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Title: Hotel Business Management
Description: Assignment for Hotel business management
Description: Assignment for Hotel business management
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Running head: Hotel Business Management
Q
...
To run a successful
business some issues must be sorted beforehand
...
If I consider myself a hotel owner here and focus on the problems that I might face while
thinking about expanding my business
...
Property security issues
2
...
Operational costs and implementations
4
...
Dealing with other competitors
6
...
Property security issues: The hospitality industry has been on a buying spree to ensure various
electronic gadgets such as Fire Alarm System, Access Control, CCTV Surveillance, Intrusion
Alarm, Attendance Management, and so on, but all the traditional point solutions, which are
installed to solve major threat and productivity issues, are difficult to deploy, manage, and
update, increasing operational complexities and overhead costs
...
Running head: Hotel Business Management
2
2
...
One concern is that, in response to rising inflation, the Fed may raise interest rates too
quickly, derailing the economic recovery
...
Customers seek low price and great quality;
however, this is a big challenge for us being in the industry
...
Operational costs and implementations: Operational cost may burn the pocket if not
implemented efficiently
...
Using energy-saving light bulbs such as compact fluorescent or LED
Instructing employees to switch off lights, televisions, and heating or cooling in rooms that are
not in use
...
)
4
...
If you have best customer service, then you don’t have to attract
your guests with any kind of offers
...
Before, during, and after an employee's first day, consider utilizing checklists to keep
onboarding on track
...
Use a template to standardize the email but remember
to customize it with the new hire's name
...
Provide the employee with policies, processes, and acronyms or hotel language to
maintain on file
...
5
...
Offering
more inexpensive price is one of the simplest methods to outperform your competitors
...
Investigate which of your rivals provides the best value
...
Lowering your rates isn't always the greatest pricing approach
...
6
...
On the other hand, if you do not provide your clients the opportunity to
cancel their appointments, you will be inundated with bookings and will almost certainly begin
getting spam
...
As a result, identifying the bottlenecks that eventually lead to an
impediment for the online booking system has always been difficult
...
Running head: Hotel Business Management
4
REFERENCES
https://www
...
com/
https://hotelpropeller
Title: Hotel Business Management
Description: Assignment for Hotel business management
Description: Assignment for Hotel business management