Statistics Book 2007.pdf - Kerala Tourism
Statistics Book 2007.pdf - Kerala Tourism
Statistics Book 2007.pdf - Kerala Tourism
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26. European and Japanese new-built hotels will be obliged to design larger guest rooms closer to<br />
North American standards.<br />
27. Center-city urban resorts will challenge sun, sand & sea vacation villages in the leisure market.<br />
28. Credit card check-in/check-out, F&B vending machines, self-cleaning bathrooms and self-serve<br />
laundries will eliminate most human contact in budget hotels.<br />
Investment & Finance<br />
29. Intense competition for hotel operating contracts will push management fees as low as 1% of<br />
gross, 5% of IF and $4 per reservation.<br />
30. Airlines will continue to rack up significant losses as they struggle to deal with high fuel costs,<br />
new security requirements, and an onslaught of no-frills carriers and brutal competition from<br />
‘open skies’ agreements.<br />
31. By the end of the decade, a score of management companies will control the world inventory of<br />
branded hotel rooms.<br />
32. Hotel operating companies will sell their remaining equity in real estate to free up capital for<br />
expansion of management contracts.<br />
33. Perroom, hotel acquisitions in Europe will reach stratospheric new records<br />
34. Franchising will experience explosive growth as Hotel Companies strategically reposition to get<br />
out of the hotel business and into the business of hotels<br />
Human Resources<br />
35. Critical shortages of skilled staff will encourage hospitality corporations to develop or outsource<br />
proprietary training centers.<br />
36. The introduction of new technologies in the upscale tourism industry will not replace the human<br />
element in service delivery - on the contrary, it will gain importance.<br />
37. Unionized hotel and restaurant workforces will trade scheduling and task flexibility for job security<br />
and quality-of-life benefits.<br />
38. <strong>Tourism</strong> and hotel management schools will move out of the classroom and out of the library,<br />
onto the web and into the field.<br />
39. Powerful unions, a shorter workweek and reluctance to taper social benefits will maintain Europe’s<br />
standing as the world’s most expensive tourism destination.<br />
40. Middle Eastern countries enforcing employment quotas for nationals will experience reduced<br />
productivity and higher labor costs.<br />
Marketing<br />
41. The Internet will become the dominant distribution channel for all travel and tourism products<br />
eliminating most intermediaries.<br />
42. Understanding customers as people - their likes, dislikes, habits, interests and hobbies - will<br />
become critical to establishing competitive advantage in hospitality marketing.<br />
43. Customer retention will replace customer acquisition as travel agencies’ strategic objective.<br />
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