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The Hospitality Industry, like many industries, is a dynamic one and has so proved it especially in the last couple of years. As the term hospitality is a broad one, I will focus on the Hotel aspect of the industry. ...
It was discovered in the 80’s by the Harvard Business School that the biggest three competitors in every industry make virtually all the money, “no exceptions. ... This has been proved in all industries not just in hospitality. ...
Characteristics of the Industry:
The three above mentioned companies have characteristics which are safe to say are some general characteristics of the Hotel part of this industry. ...
Another major player in this industry is Six Continents PLC. ...
The competition in the Hotel industry is overwhelmingly strong.
Approximate Word count = 1061 Approximate Pages = 4.2 (250 words per page double spaced)
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