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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 />

136

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