Hotel Management

1.0 Introduction The tourism sector has performed well over the past few years. According to World Tourism Organization, in 2007, Asian Pacific recorded the second largest ingathering (10%), after Middle eastside (13%), serving about 185 million visitor arrivals to the region. By 2015, it is communicate that global outbound travel will grow annually at 4.2% while Asia Pacific will have an counterbalance faster growth array of 6.8%. In particular, Singapores tourism sector has developed impressively. Since March 2004, it has had 48 ensuant months of growth in visitor arrivals. Compared to 2004 figures, its visitor arrivals have self-aggrandizing by 25% to 10.3 million visitors, while tourism return adjoind by 45% to S$ 13.8 billion in the year 2007. In the hospitality sector, the average occupancy rate reached 87% in 2007, a growth of 1.7 percentage orientate over 2006 while the average room rate reached a new high at S$202 or an increase of 23%. Total room tax income also ruddiness 23% over 2006 to reach S$1.8 billion and revenue per available room grew by 26% to reach S$176 (The Hotel GM forum). Under the effect of world economic recession, the growth of Singapore tourism sector will be decrease in the year 2008.

However, with many exciting development much(prenominal) as recent opening of Singapore Flyer, the hosting of the inaugural formula 1â„¢ SingTel Singapore Grand Prix , the development of the two incorporate resorts- The Marina Bay Sands and Resorts World at Sentosa- in 2009 and 2010 respectively, and the hosting of the jejuneness Olympic Games in 2010, there are much of opportunities for breathing hotels in hospitality sector to exploit and gain profit. The settle of this paper is to looking at impact of the opportunities and threats of the hotel industry to the raffle Hotel, a luxurious hotel in Singapore, and how the hotel change her operation in the next 12 months based on the internal strengths and weaknesses. 2.0 present Hotel Profile Located in the heart of Singapores task and... If you want to get a full essay, order it on our website: Orderessay

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