Ethics in Hotels Related to Revenue Management - Term Paper Example

Everyone related to business tries to make an effort at gaining possible new markets internationally but at a risk worth taking.... Globalization is a term identical to big companies, multinationals and NGOs, as well as a host of other industries, one such of them keeping pace with time is the hotel management business.... Such is the related state of affairs that it is taught as a separate discipline in different curriculums of the world.... The future of the hotel industry or we might want to rephrase it as the hotel development regime is one that will continue to prosper no matter how trying the circumstances are or how cutthroat the competition is, within the realms of comprehension related with care and commitment brought together at the same level....

The hotel was financed and is owned by the Abu Dhabi government and is under the management of the Kempinski Group.... The hotel has also been able to hold its own financially generating an impressive revenue of over 50 million U.... The building was designed by an architect named John Elliot who was a Senior Vice President at an international firm whose main specialty was in the designing of luxury hotels called Wimberly, Allison, Tong and Goo....

The three of Porter's five forces are related to the external sources that affect the business strategy and also results in either success or failure of the business strategies.... this company started to implement a new aggressive strategy of acquiring hotels and companies across the globe in different parts of different countries....

Developing business ethics is one of the key issues for an organization and implant of such issues is extremely vital.... According to Lozano and Arenas (2009), core objective of corporate social responsibility is to make sure that a company's overall business performance… Corporate social responsibility guides the company regarding the fulfillment of its social responsibility, which is to ensure safety of the ronment and surrounding in which it operates its business operations and also to continue to retain its customers by ensuring them that the company is effectively fulfilling its corporate social responsibility....

As a result, it prompts the use of enterprise resource planning software that can aid in the management.... The software records data that enables consumers to have access to the hotels website thus making planning easier.... It is the case that has been used by the Fairmont Hamilton hotels to spur its growth within the tourism and hospitality sector.... It is one of the most performing hotels of Bermuda situated in the city of Hamilton....

The migrant workers are a vital source of government revenue.... The author of the essay examines the role of migrant workers in the hotel industry in London.... The author states that the migrant workers are perceived to be an advantage for the hotel industry based on the skills and contribution they make to hoteliers… There is an unmistakable north-south separation in the labor force contributions of migrant workers to the Hotel Industry, with those from developing countries working at the lower aptitude end of the workforce range and those of the developed nations taking senior administrative positions in every institution  Concerning the United Kingdom, the immense contribution of migrants has facilitated the performance of the hotel industry in London because they demand low wages, salary packages and fewer facilities than the native born-born workers....

Before this time, he was focused on natural concepts that were related to the environment as well as how individuals could protect and change the environment according to different uses of resources.... The hotel is now regarded as one of the most eco-friendly hotels in the USA and provides some of the greenest amenities in the area (Habitat Suites, 2010).... The concepts and ideas that have been initiated in this business have then presented a different set of concepts that can be used by other hotels....

Besides, the hotel management strives to build competencies of its employees through regular training called Learn process, this program has been instrumental in enhancing quality customer service and ethics among employees.... Notably, the hotel management offers negotiation platforms with customers through online marketing and inquiries....