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Marriott Hotels Worldwide
Marriott hotels operate in 138 countries around the world.
Bay Marriott is more than 8,500 square feet.
A. Marriott has 31 brands.
d. Marriott has more than 1.5 million hotel rooms.
to. Approximately 50% of Marriott properties are franchised.
ft was built. The two major international competitors of Marriott are Hilto
n and InterContinental Hotels Group. These companies are Marriott's m
ain competitors, as they have similar products, brands, and hotel rooms.
They also compete with Marriott in all major markets worldwide.
2. Why do multinational companies enter the international market?
Multinational hotel businesses are entering the world market for many re
asons. These reasons are:
Expanding reach and market share.
Multinational hotel companies can reach a wider pool of potential guests
by expanding into new countries. This can increase revenue and profit.
Take advantage of growth opportunities in emerging markets. Many
emerging markets are experiencing rapid economic growth, which has
led to increased demand for hotels. Multinational hotel companies are
taking advantage of this growth by expanding into these markets.
Achieve economies of scale. Through international hotel operations,
multinational hotel companies can achieve economies of scale in areas
such as purchasing, marketing and distribution. This reduces costs and
increases profits.
3. Advantages and disadvantages of being a franchisee
Cons:
b. How should they be prepared if there is an epidemic in the
future?
Hotel owners can prepare for other outbreaks by:
By developing contingency plans. The plan should explain how the hotel
will operate in the event of an epidemic.
It should include how to screen guests, change cleaning procedures,
and protect employees.
Create a savings account. Hotel owners must build up cash reserves to
fend off the storm from the outbreak. This will allow them to work at the
hotel and pay staff even if there are no guests.