Accounting,Starwood,Marriott,여행상품패키지,여행패키지,영문마케팅,여행영문판,여행상품영어,영어마케팅
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추천 연관자료
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1. Introduction
Purposes of analyzing Starwood & Marriott
This paper analyses and compares two major global hotel chains, Marriott International, Inc. and Starwood Hotels & Resorts Worldwide, Inc. Both chains have extensive investments in and outside the US. They have very strong brand names and are quite competitive. However they differ in their strategies, like the market segment each one targets, the role of technology in the business, the financial efficiency of their systems etc. The paper also analyses the benefits and demerits each chain faces as a result of the individual strategy they had adopted. They also analyzed the effect the recent financial recession had on each of the groups and how well or not they were placed to deal with it.
2. General background and current trends of hotel industry
Characteristic of hotel industry
The hospitality industry consists of companies within the food services, accommodations, recreation, and entertainment sectors.
The hospitality industry is a several billion dollar industry that mostly depends on the availability of leisure time and disposable income. A hospitality unit such as a restaurant, hotel, or even an amusement park consists of multiple groups such as facility maintenance, direct operations (servers, housekeepers, porters, kitchen workers, bartenders, etc.), management, marketing, and human resources.
Usage rate is an important variable for the hospitality industry. Just as a factory owner would wish to have his or her productive asset in use as much as possible (as opposed to having to pay fixed costs while the factory isn't producing), so do restaurants, hotels, and theme parks seek to maximize the number of customers they "process".
- 참고문헌
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http://uniteconomics.com/files/Starwood_Hotels_Initiation.pdf
http://www.marketwatch.com/story/starwood-reports-first-quarter-2012-results-2012-04-26
Starwood Hotels & Resorts Worldwide, 2007 Annual Report, pgs. 64-70 (1-6 of the incorporated 10-K SEC filing),
http://library.corporate-ir.net/library/78/786/78669/items/285038/HOT2007AR.pdf.
Business Travel News Online, PKF Reduces Hotel Growth Forecast, March 11, 2008,
http://www.btnmag.com/businesstravelnews/headlines/hotel_display.jsp?vnu_content_id=1003722614.
St. Louis Federal Reserve Bank, 3-Mnth Treasury Bill: Secondary Market Rate, DTB3, H.15, 5/16/2008,
http://research.stlouisfed.org/fred2/data/DTB3.txt.
Standard & Poor’s 500, S&P 500, accessed on 5/17/08,
http://www2.standardandpoors.com/portal/site/sp/en/us/page.topic/indices_500/2,3,2,2,0,0,0,0,0,5,12,0,0,0,0,0.html.
Yahoo Finance, Key Statistics, Starwood Hotels and Resorts International, accessed on 5/17/08,
http://finance.yahoo.com/q/ks?s=HOT.
http://www.ilr.cornell.edu/globalunionsconference/research/reports/starwood.pdf
http://www.accounting4management.com/vertical_analysis_full.htm
STARWOOD HOTELS&RESORTS WRLDWIDE (NYSE:HOT )
http://finapps.forbes.com/finapps/jsp/finance/compinfo/Ratios.jsp?tkr=HOT
http://www.scribd.com/huizhongbei/d/37689137-Starwood-Hotels
http://www.zacks.com/stock/news/68971/starwood-continues-to-shine
http://www.businessweek.com/magazine/content/09_36/b4145056702173.htm
http://www.hotel-online.com/News/PR2012_1st/Feb12_HOT.html
http://investing.businessweek.com/research/stocks/financials/financials.asp?ticker=HOT:US
http://news.marriott.com/2010/10/marriott-owners-and-franchisees-recognized-for-hospitality-excellence-.html
http://acfnfranchise.blogspot.kr/2009/11/marriott-launches-upscale-franchise.html
http://www.forbes.com/sites/heatherstruck/2011/03/28/marriott-forecasts-weak-revenue-hotel-stocks-take-beating/
http://investor.shareholder.com/MAR/marriottAR11/financials/notes_01.html
http://acfnfranchise.blogspot.kr/2009/11/marriott-launches-upscale-franchise.html
http://www.blog.execustay.com/
http://www.news.marriott.com/page/2/
http://news.marriott.com/2010/02/marriott-international-reports-fourth-quarter-results.html
http://news.marriott.com/.services/blog/6a0128763ee05d970c0120a73c0246970b/search?filter.q=operating+2011
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