Here, Hilton's locations not just in mainland China but in various locations throughout the globe have joined forces in creating a distinctly Chinese hospitality experience for visitors. Accordingly, the Hilton Huanying program is designed to demonstrate Hilton's recognition of Chinese cultural predilections when traveling at home or abroad. The program promotes "a tailored experience for Chinese travelers to welcome them to Hilton orldwide properties, and expanded the program to over 60 properties in 16 countries." (Radelet, p. 1)
The Emergent Chinese Market:
Evidence emergent from this program suggests the tactic has been successful thus far in promoting the goal of achieving greater cultural compatibility with this important emergent marketplace. According to Radelet, the program's first five months produced a single year spike of 30% bookings in its Chinese locations. This is paired with efforts to promote its embrace of the Chinese market throughout the global franchise. Prominent evidence of this is…...
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Works Cited:
Ales, J.F. (2012). Hilton Hotels & Resorts Rolls Out Welcome for Year of the Dragon. Market Watch.
Radelet, a. (2012). Hilton Worldwide Becomes Fastest Growing Major Hotel Company. Market Watch.
One final possible advantage offered by Chile would be another new development in the travel industry, which is community-service oriented travel. The Hilton Corporation could work with the Chilean government to create programs whereby travelers could help provide assistance to certain needy populations and areas of the region, possibly even in areas not traditionally known of by tourists. This would satisfy a potential desire for adventure in the hearts of many tourists, but combine it with a spirit of learning and community service.
Conclusion
Given the Chilean government's new desire to address historical inequities in the nation, and its relatively strong economy and currency which would mitigate some of the risks in embarking upon these new ventures, Chile offers itself as a nation not simply of scenic beauty, but of attractive investment opportunities. The nation and the region are changing, and so is the hospitality industry. Because of its varied nature, offering…...
However, the foreign investment climate has improved significantly in recent years, especially with respect to hotel development, including in Phnom Penh. A new system for lease registration has been developed that effectively allows for registering land titles, allowing foreign entities to take out 99-year leases on property, which otherwise would be subject to foreign ownership restrictions. Those restrictions on foreign ownership of land have stifled foreign direct investment in the past. As these rules change, Hilton's ability to build out a strong Cambodian asset base will improve. It is recommended that in order to obtain early mover advantages that Hilton get in front of this curve by taking out 99-year leases on properties, something other hoteliers have done already.
The hotel business in Phnom Penh is currently underdeveloped. There are few international players; most hotels are small operations owned by domestic firms either wholly or in partnership with firms from other…...
Westward Hilton
The previous managers of the Westward Hilton modeled their belief statement after the credo of another hotel, the itz-Carlton. Unfortunately, that credo did not work well for the Westward Hilton, and was not a good fit. One company is not the same as another, even though they may provide the same basic services (Belch & Belch, 2006). The itz-Carlton has brand name recognition, for example, where the Westward Hilton did not have the popularity and reputation. Because of that, the Westward Hilton struggled to portray itself in the same way that the itz-Carlton portrays itself, and that portrayal fell flat. It was also believed by Green that the credo that was adopted by the Westward Hilton was unoriginal and that it lacked a sense of genuineness that would have been seen had the hotel come up with its own credo. Of course, at that time the hotel has been…...
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References
Allison, M. & Kaye, J. 2005. Strategic Planning for Nonprofit Organizations. 2nd ed. New York: John Wiley and Sons.
Belch, M.A. & Belch, G.E. 2006. Advertising and Promotion: An Integrated Marketing Communications Perspective, 7th ed. New York: McGraw-Hill/Irwin
The contortions she was seen performing were not those of the newest fitness trends in hot yoga, but with a hot physique of a different kind.
To pick at Hilton's unfortunate sexual performance as seen online by so many pimply-faced web surfers barely out of middle school may seem cruel. Yes, one could say, no one forced her to make it -- make the film that brought her such ill fame, that is. But few of us, public figures or not, would look particularly admirable if our intimate life was displayed for all to see across the Internet. This was, after all, not the public face Hilton wished to show to the world, but a supposedly private moment that got out into the world's eye, unbeknownst to her, in the worst possible fashion and through the worst, most easily disseminated popular media. She was taken advantage of the celebrity seeking…...
Together, these two hotels would highlight a shift that was occurring, as an increasing number of people began to travel more, for a variety of reasons.
What accounting firm audited its financial statements?
oth companies are currently using KPMG to audit their financial statements. ("Sonic, Hilton Hotels and Sbarro ax Anderson Firm," 2002) This is important, because it shows how both organizations are trying to provide as much transparency as possible, by having an accounting firm that can respond to their needs. In many ways, the selection of them as their auditor is a testament to this commitment. Evidence of this can be seen back in 2002, when Host Marriot hired KPMG as their auditor. At the time they were using Arthur Anderson. Given the transparency issues of the accounting firm, meant that the company would have to find one that could provide increased transparency. This is significant, because the selection…...
This seems quite vague, as it could be up to each person to define how to protect and ensure the assets are used efficiently. It seems as if the company is simply attempting to protect itself legally in some areas of this Code, and that the Code is deliberately vague to help cover employees who might abuse the Code.
In everyday life, many of these codes just seem to be common sense. It is a given that most people will act with honesty and integrity in their everyday lives in most areas, and that they will put their own interests first, and use their assets efficiently. So, much of the Code apply to everyday life, any rely on common sense to create and define them. There will always be dishonesty in the workplace and in everyday life, but for most people these types of codes simply define ideas they already…...
Policies and procedures for the Hilton include corporate responsibility, community involvement, support of the arts, and a variety of public service policies that enhance the company's public persona. The company mission stresses accountability, profitability, and corporate responsibility.
The 2005 Annual eport indicates profitability at 7% from last year, with Net Income up 93%. It was one of the best years for Hilton in quite a while, and the company continues to look quite successful and profitable.
I hope to work for the Hilton Hotels Corporation because they are a respected and long-term name in the hospitality industry, they are successful, and my educational goals have been geared toward a successful hospitality purveyor such as the Hilton. I respect their brands, including the Waldorf-Astoria, feel I would be a good fit because of my hospitality experience, education, and desire to do well with the company.
There are some cases where there can be a guest service agent who might be handling japans guests but may not understand what the guest exactly needs and hence will need to ask for help and may lead to a long period of waiting. This leads to decrease in the efficiency of the services the resort offers since there can be a time when there is no one available for translating and the guest has to wait until someone is available this leads to the guests getting impatient and hence it was discourage the guest from visiting the resort some other time. This is an eventual decline in international guests since there is no efficiency in handling them. The communication barrier between the staff and guests is something very bad and if not taken care of well can lead to serious negative implication to both the image of which…...
ITT Acquisition
The stand-alone value of ITT is $1,878 (6,000+877-999-4,000). The relevancy of the break-even point is that if stock is performing less than the stockholders' full value, they may call for the company to split apart, with proceeds returned to investors in cash, stock in spun off companies, or a combination of both. It is a possible entry point for a prospective buyer. The stand-alone value is subjective and includes expected rates of return where the historical value is objective and includes actual rates of return. ITT's value to Hilton was: 1) it was cheaper to acquire than to build, 2) acquiring ITT would make Hilton the sixth largest lodging and gaming corporation in the world, being twice as large as any lodging competitor and four times as large as any gaming competitor, and 3) the acquisition tied into Hilton's strategic plan for global expansion.
These two techniques of reflexive and logic-reasoning are very effective in creating consensus and insight form multiple decision makers over time (Muller, Turner, 2010). In the long-term, this technique of decision making and the involvement of the leaders on Kava can potentially reduce their resistance to the development as well.
After Nik and his team have defined their common vision, mission and objectives, they need to also define the strategies and alternatives to attain them. The strategies must be done at as little cost and risk as possible as Mr. Morales' comments in the case study indicate only a small budget is available. The team also needs to concentrate on the socially responsible nature of the decisions as well, as Mr. Morales has stated that he wants any project done on Kava to be consistent with show great respect for the citizens of the island nation, be highly ethical, and…...
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References
Alstyne, Marshall van, Erik Brynjolfsson, and Stuart Madnick (1997). "The Matrix of Change: A Tool for Business Process Reengineering." MIT Sloan School http://ccs.mit.edu/papers/CCSWP189/ccswp189.html
Muller, R., & Turner, R.. (2010). Leadership competency profiles of successful project managers. International Journal of Project Management, 28(5), 437.
Pandelica, I., Pandelica, a., & Dabu, B.. (2010). The Response of Organizations in Crisis Conditions. Journal of American Academy of Business, Cambridge, 15(2), 151-160.
Paul, R. And Elder, L. (2001) - Critical Thinking-Tools for Taking Charge of Your
Exposure to Sex in Commercials
The adage, "sex sells," is nothing new, in fact, more than a century ago advertisers were using women in advertising campaigns for tobacco and soaps (Erotic pp). During the 1940's, George Petty became famous with his Petty girls, who were so popular in advertising for bathing attire and cigarettes that students at Princeton University selected Petty as their favorite artist in 1947, while Rembrandt came in second (Erotic pp). The sexual revolution of the 1960's became a catalyst for the use of sexual and erotic ads for just about anything and everything (Erotic pp). In 1966, Swedish model and former Miss Sweden, Gunilla Knutson, appearing in a television commercial for shaving cream encouraged men to "take it all off" to the tune of David Rose's popular hit "The Stripper" (Erotic pp). This ad created enormous attention and heralded in a new era for sex in…...
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Work Cited
Erotic advertising. Retrieved June 17, 2005 from Fanny Hill Web site:
34 billion = 1.02). The ratio for 2009 was calculated by: dividing $2.851 billion into $1.142 billion ($2.851 billion / $1.142 billion = 2.09). ("Marriot 2009 Annual Report," 2010) The lackstone Group has a debt ratio for: 2008 of 2.81 and 2009 of 1.50. The number for 2008 was calculated by dividing $9.489 billion into $3.37 billion ($9.489 billion / $3.37 billion = 2.81). The ratio for 2009 was determined by dividing $9.049 billion into $6.017 billion ($9.049 billion / $6.017 billion = 1.50. ("The lackstone Group 2009 Annual Report," 2010)
When you compare the debt ratio of Marriot with that of the lackstone Group, they both have a debt ratio above 1.0, indicating that they have more assets than debt. With Marriot this number increased between 2008 and 2009, highlighting that the company has been taking aggressive steps to reduce the underlying amounts of debt. Evidence of this can be…...
J. Heinz Company
Strengths: it is short and concise; it is constructed in a formal means which also uses specialized language to promote the company's commitment to customers and employees.
Shortcomings: it lacks an introduction and it does not mention the well-being of other categories of stakeholders aside customers and employees
(5) Chevron
Strengths: offers detailed input on the company's visionary goals; includes several categories of stakeholders
Shortcomings: it is rather long and too detailer, creating as such the possibility for the reader to lose interest and not remember what he read; seems explicative and responsive to the criticism of environmental threats to which the company has been subjected.
ank of vision statements from best to worst: I (4); II (1); III (2); IV (5); V (3)
eferences:
ed Hat 2009 Annual eport, http://files.shareholder.com/downloads/HAT/763006950x0x304106/3145E646-AE56-4FE1-9C59-B79F4491C4C5/FY09_Annual_eport_on_Form_10-K.pdf last accessed on November 2, 2009
families are living in poverty. Many of these families are living in such extreme conditions that they cannot afford even such basic needs as food for every meal. Living and growing up in such conditions affects every area of life and ultimately the country as a whole. The escalation of poverty among families create tremendous challenges for children. It can negatively impact a growing child's mental and physical health, for example. Such conditions also affect education. A child suffering from chronic mental or physical conditions related to poverty cannot receive optimal educational opportunities. Ultimately, such a child will not be able to contribute to the economy of the country or arrange his or her own well-being in the world. This, in turn, creates further burdens for the country's welfare system. For this reason, it is important to study the contributing factors to poverty in the country in order to…...
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References
Aratani, Y. (2009, Sep.) Homeless Children and Youth: Causes and Consequences. National Center for Children in Poverty. Retrieved from: http://nccp.org/publications/pub_888.html
Ascend (2011, March 29). Two Generations, One Future: A Roundtable. Aspen Institute. Retrieved from: http://ascend.aspeninstitute.org
David, DH, Gelberg, L. And Suchman, N.E. (2012, Jan-Feb). Implications of Homelessness for Parenting Young Children: A Preliminary Review from a Developmental Attachment Perspective. Infant Mental Health Journal 33(1). Retrieved from: http://www.ncbi.nlm.nih.gov/pmc/articles/PMC3370681/
Michael Schumacher: An Unparalleled Legacy in Formula 1 In the annals of Formula 1, the name Michael Schumacher stands apart as the undisputed king of the sport. The German driver holds the record for the most World Championship titles, with an astonishing seven crowns to his name. Schumacher's remarkable career spanned two decades and left an enduring legacy that continues to inspire aspiring racers. A Meteoric Rise to Fame Michael Schumacher was born on January 3, 1969, in Hürth-Hermülheim, Germany. His passion for racing ignited at an early age, and by the late 1980s, he had established himself as a rising star. In....
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