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Managing Accommodation Services (Part-1)

   

Added on  2023-02-02

17 Pages1786 Words62 Views
Managing Accommodation
Services (Part-1)

Introduction
Accommodation services refers for providing facilities of housing on temporary
basis along with it's services like hotels, schools, banking, medical practices and
other.
Marriott is chosen organisation in the present report which is an American
multinational diversified hospitality company that manages and franchises a broad
portfolio of hotels and related lodging facilities

The scale and size of the accommodation services
UK Hotels CAGR
2012 2013 2014 201
5
2016
Occupancy 74.4 76.5 77.6 78.4 77.8
Year-on-year growth (%) 2.80% 1.40% 1.00
%
-0.80% 1.1
AARR 89.22 88.8 91.55 95.8 97.28
Year-on-year growth (%) -0.50% 3.10% 4.60
%
1.50% 2.2
Rooms Yield 66.4 67.96 71.03 75.0
8
75.64

Continue...
In 2016, the output of daily rooms of UK
raised by 0.8% to £75.64. The marginal
growth of the hotel in the UK decreases by
0.8% to 77.8% and AARR has been
increased by 5% to £97.28.

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