Eenobe01
Essay by people • September 13, 2011 • Essay • 273 Words (2 Pages) • 1,183 Views
none In Kava the hospitality industry has many challenges to face and ethical issues seem to be a core foundation to all of the challenges that abound both for the business itself and the community at large. The emergence of tourism in Kava has contributed significantly to more effective operations, the efficient utilization of resources and the growing globalization of the economy. Therefore, industry consolidation seems to be an inevitable trend. Kava's business environment requires organizations with adequate resources, in particular management requires organization with adequate resources, in particular management talent and financing, to tackle the most complicated tasks that are out of reach of smaller tourism enterprises. The hospitality industry in general in Kava and hotels specifically seem to be behind most businesses when it comes toethics in concern to hotel relationships and environmental concerns.
The hotel industry in Kava has experienced rapid growth in the past two decades. As the industry matures, it faces new challenges for sustained development and growth. Critical issues include consolidation and brand development by the emergence of large management contract companies, globalization strategy by international hotel companies, and hotel financial performance. The consolidation trend began in the 1990s and it has now gathered great momentum in Kava with the establishment of several large professional management companies. The growth of these companies demonstrates that these Kava hotel management companies have capitalized on the market opportunity of consolidation to rapidly develop their business. Market demand for professional management and brand enhancement will continue to stimulate future growth and more establishments of large hotel organizations in Kava.
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