slide1
Download
Skip this Video
Download Presentation
Learning Objectives

Loading in 2 Seconds...

play fullscreen
1 / 9

Learning Objectives - PowerPoint PPT Presentation


  • 60 Views
  • Uploaded on

Learning Objectives. Study the lodging industry Appreciate the immensity of the restaurant-food service industry Learn the current trends in resorts and timesharing mode of operation Discover why meetings and conventions as well as meeting planners are so important to tourism.

loader
I am the owner, or an agent authorized to act on behalf of the owner, of the copyrighted work described.
capcha
Download Presentation

PowerPoint Slideshow about 'Learning Objectives' - vian


An Image/Link below is provided (as is) to download presentation

Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author.While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server.


- - - - - - - - - - - - - - - - - - - - - - - - - - E N D - - - - - - - - - - - - - - - - - - - - - - - - - -
Presentation Transcript
slide1

Learning Objectives

  • Study the lodging industry
  • Appreciate the immensity of the restaurant-food service industry
  • Learn the current trends in resorts and timesharing mode of operation
  • Discover why meetings and conventions as well as meeting planners are so important to tourism
slide3

Accommodations Structure

Accommodations

Non-Commercial

Commercial

Private

Non-Profit

Motels

Institutional

Time Share

Facilities

Hotels

(Chains/Independent)

Bed &

Breakfast

College/University

Hostels

Private

Homes

Resort

Hotels

Upscale

Upscale

Mid Range

Economy

Spas and Health Care

Facilities

Suite Hotels

Spa

Home

Exchange

Shelters

Mid Range

Meetings &

Convention

Hotels

Casino

Deluxe

Budget

Extended Stay

Budget

YM / YWCA

Airport

Hotels

Luxury

slide4

The Lodging Industry

  • World hotel room inventory grows about 2.5% a year
  • Occupancy rates average about 65% overall
  • 72% of the world’s hotel rooms are located in Europe and North America. Europe has 45% of the rooms
  • In 2006, the U.S. lodging industry generated $133.4 billion in sales, numbered 47,135 properties, 4.4 millions rooms, and recorded profits of $26.6 billion
slide5

Top 25 Hotel Chains (2006)

Rank Corporate Chain Rooms Hotels

1 InterContinental Hotels Group 556,246 3,741

2 Wyndham Hotel Group 543,234 6,473

3 Marriott International 513,832 2,832

4 Hilton Hotels Corp. 501,478 2,935

5 Accor 486,512 4,121

6 ChoiceHotels International 435,000 5,376

7 Best Western International 315,401 4,164

8 Starwood Hotels & Resorts Worldwide 265,600 871

9 Carlson Hospitality Worldwide 145,331 945

10 Global Hyatt Corp. 140,416 749

11 TUI AG/TUI Hotels & Resorts 82,111 279

12 Sol Meliá SA 80,856 407

13 Extended Stay Hotels 75,860 681

14 LQ Management LLC (was La Quinta Corp.) 64,856 582

15 Westmount Hospitality Group 63,380 384

16 Société du Louvre 59,616 840

17 Jin Jiang International Hotels 53,552 277

18 Golden Tulip Hospitality/THL 51,182 512

19 Interstate Hotels & Resorts 50,199 223

20 NH Hoteles SA 47,799 330

21 Vantage Hospitality Group (American Best Value Inns) 46,910 699

22 Rezidor Hotel Group 45,463 225

23 Fairmont Raffles Holdings International 44,149 123

24 MGM Mirage 43,785 18

25 Walt Disney World Co. 40,399 47

*Rankings are based on total rooms

Source: Hotels, July 2007. Hotels magazine, a Cahners Publication, 2000 Clearwater Drive, Oak Brook, IL, U.S.A. 60523.

slide6

Resorts and Timesharing

  • 41% of the world’s timeshare units are located in the U.S.
  • There are 4.4 million U.S. timeshare owners
  • Timeshare resorts are located in 95 countries
  • Timeshare owners reside in more than 174 nations
  • Major companies such as Disney, Hilton, Marriott, and Hyatt have become involved in timeshare
food services structure
Food Services Structure

Food Services

Cafeterias

Traditional

Restaurants

Fast Food

Restaurants

Independent

Chain

In-Hotel

Independent

Minimal Service

Ethnic

Specialty

Specialty

Local

Full Service

Local

Ethnic

Broad Menu

slide8

Food Service Industry (2007)

  • U.S. sales total estimated $537 billion – 5.0% over 2006
  • Employs more than 12.8 million people
    • Restaurant industry provides work for more than 9% of those employed in the United States
    • Industry employees more minority managers than any other retail industry
  • 935,000 locations
  • Travelers contribute about $130 billionto sales each year
slide9

Meetings and Conventions

  • Industry worth $122.3 billion
  • Average convention attendee spends $290 per day in the city, stays 3.5 days and spends $1,036 per event
  • Convention centers are expanding

© John Wiley & Sons, Inc, 2009

ad