In the present context supply chain management is the constant search for improving the way you get the materials that the hotels need to generate the product/ service. It touches upon planning for managing the resources which result in giving service to your customer. This is so because according to the basic requirements of SCM the hotel may spend up to 55% of their costs on material procurem... Read Full Article
Airbnb itself was founded in August 2008 and defines itself as "a social website that connects people who have space to share with those who are looking for a place to stay", and exemplifies a community marketplace. Airbnb hosts list their spare rooms or apartments, establish their own nightly, weekly or monthly price, and offer accommodation to Airbnb guests.... Read Full Article
A month ago, a $12.2 billion merger deal between Marriott & Starwood was announced, making Marriott the largest hotel chain in the world.
The transaction combines Starwood’s leading lifestyle brands and international footprint with Marriott’s strong presence in the luxury and select-service tiers, as well as the convention and resort segment, creating a more compr... Read Full Article