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A critical evaluation of one aspect of contemporary hospitality management - Essay Example

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Increased market share comes at a rival’s expense. Industry-wide, largely growth takes place in the global, rather than domestic arena (Irs, 2014). During 1980’s…
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nstances, ordering, deliverance, imbursement, and stocking are commenced and completed by information which is captured by examining equipment with little involvement of human resources. Some hotel chains used to sell their ownership to the foreign investors though still keeping control. This provides them with the capital which was required for further growth. The classifications of regular American Hotel are: commercial hotels, conference centres, airport hotels, economy hotels, residential hotels, suite hotels, casino hotels, and resort hotels (Irs, 2014).

The hotel industry varies from privately owned businesses to major global groups with more than six lakh room (Irs, 2014). The international hospitality industry involves the organizations or companies which provide accommodation and food to the individuals. It covers broad range of locations, jobs, activities, as well as economic brackets. The hospitality industry involves four sectors which are beverage and food, recreation, lodging, and tourism and travel. The travel industry moves people to different places while tourism industry offers with services which promote vacations and travel (Teare and Olsen, 1992).

The Gaviota Tourism Group (Group de Turismo Gaviota) is founded in 1988 having situated in Cuba. It is the company with the dynamic expansion in the monarchy of the tourism industry in Cuba; present in major travel destinations and is also working progressively for the growth of the country. As of today, the Gaviota Tourism Group runs total 52 facilities amongst villas and hotels, with 19,214 rooms in function, with more than 650 million of yearly sales and also an average annually development of the hotel portfolio of 12.4%. The growth rate of this hotel industry will stay at a point of 20.

3% yearly, ending with more than 4,000 rooms every year, therefore doubling the figure of guestrooms which is estimated to reach 46,000 by 2017 (Gaviota, 2014). For more than 26 years of the hotel excellence as

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