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Managing Accommodation Services (Part-1)

   

Added on  2023-02-02

21 Pages2012 Words65 ViewsType: 65
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Managing
Accommodation Services (Part-1)
Managing Accommodation Services (Part-1)_1

Cover Content
Introduction
Scale and Size of accommodation service
Different form of ownership available to accommodation service
Role of different systems when guest look for accommodation service
Organization of front office with accommodation services
Role of front office department
Conclusion
References
Managing Accommodation Services (Part-1)_2

Introduction
Accommodation is procedure for selecting appropriate building at good location,
establishment of various departments and sections and arranging resources in effective
way. These are one of the most important part in hospitality sector, as they provide
services which increases the convenience and comfort of the customer. The present
report is about Hyatt Hotels, which is American hospitality organization founded in 1957
that manages and franchises resorts, vacation properties and luxury hotels. The report
covers various size and scope of sector along with various kinds of ownership.
Managing Accommodation Services (Part-1)_3

Scale and size of the accommodation services within
hospitality industry
The UK has named as one of the best countries for investment in the hotel industry, and
helps to provide good services to consumers (UK Hotel Market Statistics, 2018). In
UK, hotel organisations which gives more occupation to people, make improvement in
living of standard.
Managing Accommodation Services (Part-1)_4

Hotels classified based on ratings:
There are about 649 hotels in UK, and they are continuously growing and
developing in seventh consecutive year.
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
Year-on-year growth (%) 2.30% 4.50% 5.70
%
0.70% 3.3
Managing Accommodation Services (Part-1)_5

Summary performance of
London Hotels for the year 2012-
2016.London Hotels CAGR %(2012-
2016)
2012 2013 2014 2015 2016
Occupancy 81.4 82.8 82.6 82.8 81.6 0.1
Year-on-year growth (%) 1.80% -0.20% 0.20% -1.40%
AARR 89.22 88.8 91.55 149.7 151.45 0.5
Year-on-year growth (%) -0.80% 0.90% 0.90% 1.10%
Rooms Yield 120.65 121.75 122.61 124 123.58
Year-on-year growth (%) 0.90% 0.70% 1.10% -0.30%
Managing Accommodation Services (Part-1)_6

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