Strategies adopted by Marriott Hotel to overcome challenges related to COVID-19 outbreak
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Added on 2023/06/11
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This report discusses the impact of COVID-19 on the hospitality industry, specifically Marriott Hotel, and the strategies adopted by them to overcome the challenges related to the outbreak. The report includes a literature review, research rationale, aim and objectives, intended methodology, and an action plan.
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Table of Contents INTRODUCTION...........................................................................................................................3 Background of the project......................................................................................................3 Research rationale..................................................................................................................3 Research justification.............................................................................................................4 Research aim and objectives..................................................................................................4 LITERATURE REVIEW................................................................................................................5 Explain the concept about the outbreak of global pandemic COVID-19?.............................5 What are the challenges faced by Marriott Hotel during global pandemic COVID-19?.......5 What are the strategies adopted by Marriott Hotel for overcoming the challenges related to outbreak of COVID-19?.........................................................................................................6 INTENDED METHODOLOGY.....................................................................................................8 ACTION PLAN...............................................................................................................................9 REFERENCES..............................................................................................................................10
INTRODUCTION Background of the project The outbreak of COVID-19 has created huge disturbance on the business activities around the world. This has created situation of fear among people and different businesses as well. Due to the outbreak of COVID-19 the government has taken different measures in order to minimise negative impact of COVID-19. These measures are lock down, shutting of businesses and many more (Sigala, 2020) These restrictions have created issues for the hospitality industry as their business is wholly dependent on their customers and visitors. So the current report is managed in such a way that impact of global pandemic on hospitality businesses and various strategies of overcoming with the same. Using secondary source of data collection literature review is conducted so that information related with the strategies that can be taken out by hospitality industry to minimise negative impact can be analysed. The current investigation includes different information related with global pandemic of COVID-19 and its impact over the business functions of hospitality industry. The organisation selected in order to carry out the report is Marriott which is an American multinational company having operations in global level. Research rationale The major purpose of managing this research is to gaining in-depth information in terms of COVID-19 on the industry of hospitality industry. This research is going to highlight challenges which are being faced by hospitality industry due to implication of COVID-19. This is examinedthat due to the outbreak and this manner mind set of the businesses are also faced negativity (Prideaux, Thompson and Pabel, 2020). The research is related with dual status such as personal and profession status. In the terms of professional status this research will assist the researcher in managing future researches in appropriate manner. On the other hand, in terms of personal status the research will increase different skills of researcher such as communication skills, research skills and many others. By executing the current research I am able to develop my creativity which is going to assist me in my future. I have learnt regarding different strategies which are used by the organisation in order to overcome with such situations of pandemic so that this would help me in my professional career.
Research justification The current research topic is chosen for the major objective of analysing the situation of COVID-19 and its impact over the industry of hospitality (Grima, Dalli Gonzi and Thalassinos, 2020). This is analysed that the hospitality industry have seen the highest negative time due to the implication of COVID-19 as the industry is directly linked with its customers and due to pandemic the industry has been devastated. The research is going to provide significant information related with various strategies adopted by hospitality industry in order to deal with pandemic situation of COVID-19 so that businesses within hospitality industry may include such measures and regain their market position. The research is essential for the aspect of including such strategies that can be used by the hospitality industry so that to manage their business operations. Research aim and objectives Research Aim: To identify the strategies adopted by UK hospitality industry to overcome the challenges relatedtooutbreakofCOVID-19.AstudyonMarriott Hotel Research Objectives: To understand the concept about the outbreak of global pandemic COVID-19 To determine the challenges faced by Marriott Hotel during global pandemic COVID-19 To evaluate the strategies adopted by Marriott Hotel for overcoming the challenges related to outbreak of COVID-19 Research Questions: Explain the concept about the outbreak of global pandemic COVID-19? What are the challenges faced by Marriott Hotel during global pandemic COVID-19? What are the strategies adopted by Marriott Hotel for overcoming the challenges related to outbreak of COVID-19?
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LITERATURE REVIEW It is the chapter that mainly focuses on accumulating second-hand information from the sources such as books, articles, newspapers, journals etc. The present literature review has covered information about the outbreak of global pandemic COVID-19 along with challenges faced by hospitality due to same. Explain the concept about the outbreak of global pandemic COVID-19? According toHao, Xiao and Chon (2020), COVID-19 is the situation that has created fear among people. It is the situation that has created devastation in the whole world. This crises situation has also forced hospitality organisations to change their every strategy of operations. This event has created high level of uncertainties and needed quick responses to face its negative effects. It is being determined that due to COVID-19 people were unable to move out from their house and Government has put restriction on travelling of people. With the outbreak of global pandemic, people have also created mind-set that they need to save more for facing such uncertainty situations. It is identified that with the emergence of global pandemic COVID-19, occupancy levels and room rates have dropped, high disruption of normal work and operations, drop in average daily rates and revenue per room, decrease in number of foreign tourists, job cuts, international travel cancellations, postponed future investment plans, fear among employees regarding their health and safety, increase in fixed and variable cost, losses in visitors & revenue, losses in leisure & business travellers and many more (Sanabria-Díaz, Aguiar-Quintana and Araujo-Cabrera, 2021). In simpler words, COVID-19 has created negative impact over business operations of the hospitality industry because this industry is largely dependent over visitors and with the occurrence of global pandemic COVID-19 people were not allowed to travel from one place to another. What are the challenges faced by Marriott Hotel during global pandemic COVID-19? According to Madeira, Palrão and Mendes, (2020), there are various challenges which are being faced by the hospitality industry due to the implication of global pandemic COVID-19 and these has created different issues within survival and business operations. The industry is wholly dependent on their customers but at the same time due to COVID-19 global lock-down was imposed so that people were not able to enjoy hospitality services and at the same time the industry has faced irreplaceable losses. The major challenges within hospitality industry is
related with declined sales, employee turnover, minimum occupancies, not meeting break even point and many other. The COVID-19 has lead to shut down various businesses and due to which different strategies were required to be framed by the organisation.This is determined that due to pandemic people were not able to move out of their home due to the reason of restrictionsimposedbythegovernmentandthishasleadtheorganisationtofacelow occupancies in the hotel. On the other hand, the lock-down in the nations were not planned, it was spontaneous so that the customers who has pre-booked their trip after the lock-down they demanded refund from the organisation. This was the major challenge within the organisation managing their business in hospitality industry as due to refunds they faced higher losses and they couldn't pay their expenses (Alkasasbeh, 2020). This is the issue which has negatively impacted over profitability of hospitality industry and due to which overall cost for the organisation has increased. Another challenge is related with not paying of employee salary as due to high losses employee had to compromise on their salaries. Besides this, various safety and hygiene measures were added into the business which has increased the overall cost but at the same time hospitality industry is always having fear of not getting required number of customers. What are the strategies adopted by Marriott Hotel for overcoming the challenges related to outbreak of COVID-19? According toLi, Yao and Chen (2021), due to global pandemic COVID-19, travel was one of the things which was stopped and this had negatively impacted whole hospitality industry. With the emergence of pandemic behaviour of people has changed drastically and this will continue to impact the path hotels use for acquisition strategies. Managing and handling this radical shift in the market need great efforts and time. Hospitality industry has focused on listening and staying close to the needs and requirements of customers so that hotels can adapts these changes and offer them accordingly. Hotels have focused on placing sustainability and contributed to the local economy. In simpler words, hotels have focused on achieving deep understanding of their guests and this has assisted them to recover from the negative impacts of global pandemic COVID-19. The other strategy adopted by hospitality industry during global pandemic COVID-19 is adopting digital methods (Khan and et. al., 2021). Hotels have continued to do its marketing on different social media channels, optimised its web design, invested good social media and content production management, worked on SEO and many more. The other best strategy adopted by hospitality industry is that they have invested on advance technologies
so that operations can be done with less human resources. This has also assisted in preventing and mitigating fear of the pandemic from the mind of people. Hospitality industry has also used social media for updating information about the strategies adopted by them to prevent the spread of COVID-19.
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INTENDED METHODOLOGY Research Philosophy:It is categorised into two significant forms which are: positivism and interpretivism philosophy. Researcher will choose positivism philosophy so that statistical data can be evaluated and examined in a systematic manner (Rutberg and Bouikidis, 2018). The main benefit of using the positivism philosophy is that it carries out relevancy of statistical figures by analysing it properly. Research Strategy:The strategy is the method which helps in collecting appropriate information so that defined objectives can be attained in a significant way (Basias and Pollalis, 2018). This has different forms which are: action research, case study, survey, interview, systematic literature review etc. Investigator will choose survey as the strategy so that numerical information can be taken out and generated outcomes could be easily evaluated and measured. The main advantage of survey is that it helps in accumulating quantitative piece of information. On the other hand, systematic literature review is the other strategy that helps in assembling published data. Sources of data:Researcher will develop questionnaire for collecting first-hand information directly from the source of data. 30 managers will be chosen from Marriott Hotel so that they can offer great piece of information (Ryder and et. al., 2020). The secondary sources will be chosen such as books, journals, newspapers, publications etc. so that second-hand information can be accumulated and assembled. Data Collection: It is the research method that assists in collecting information with the assistance of two methods which are: primary and secondary data collection method. Research will use both the methods of data collection so that detailed information can be assembled and objectives could be achieved (Smith, Date and Taylor, 2020). Primary method will help in collecting raw information in relation to the selected topic. On the other hand, secondary method will assist in assembling published information. Data analysis technique:Frequency distribution analysis will be considered by researcher for analysing numerical piece of information (Ragab and Arisha, 2018). This method will help in generating outcomes in numerical manner. Ethical Consideration: The present investigation will follow certain ethical principles so that it can be conducted in ethical manner (Bauer and Scheim, 2019). Researcher will not harm
any respondent while collecting data, maintain confidentiality, take informed consent and many more. ACTION PLAN The current investigation will require appropriate time period for carrying out relevant and accurate piece of information. It will use secondary sources as well as primary source to collect information so that pre-defined objectives can be achieved. This will also require £70 for carrying out activities which include travel cost, stationary cost and many more. Gantt chart will be used by investigator for scheduling every activity of the research in a systematic way (Dźwigoł, 2018). This divides chart into two sections in which one highlights the activities need to be undertaken and the other one shows time interval.
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REFERENCES Books and journals Alkasasbeh,F.,2020.TheeffectsofCOVID-19onrestaurantindustry:Aperspective article.Journal of Innovations in Digital Marketing,1(1), pp.16-21. Basias, N. and Pollalis, Y., 2018. Quantitative and qualitative research in business & technology: Justifyingasuitableresearchmethodology.ReviewofIntegrativeBusinessand Economics Research,7, pp.91-105. Bauer, G.R. and Scheim, A.I., 2019. Methods for analytic intercategorical intersectionality in quantitative research: discrimination as a mediator of health inequalities.Social Science & Medicine,226, pp.236-245. Dźwigoł,H.,2018.Scientificresearchmethodologyinmanagementsciences.Фінансово- кредитна діяльність: проблеми теорії та практики, (2), pp.424-437. Grima, S., Dalli Gonzi, R. and Thalassinos, E., 2020. The impact of COVID-19 on Malta and it’s economy and sustainable strategies. Hao, F., Xiao, Q. and Chon, K., 2020. COVID-19 and China’s hotel industry: Impacts, a disaster management framework, and post-pandemic agenda.International journal of hospitality management,90, p.102636. Khan and et. al., 2021. The effect of COVID-19 on the hospitality industry: The implication for openinnovation.JournalofOpenInnovation:Technology,Market,and Complexity,7(1), p.30. Li, Y., Yao, J. and Chen, J., 2021. The negative effect of scarcity cues on consumer purchase decisions in the hospitality industry during the COVID-19 pandemic.International Journal of Hospitality Management,94, p.102815. Madeira, A., Palrão, T. and Mendes, A.S., 2020. The impact of pandemic crisis on the restaurant business.Sustainability,13(1), p.40. Prideaux, B., Thompson, M. and Pabel, A., 2020. Lessons from COVID-19 can prepare global tourism for the economic transformation needed to combat climate change.Tourism Geographies,22(3), pp.667-678. Ragab,M.A.andArisha,A.,2018.Researchmethodologyinbusiness:Astarter’s guide.Management and organizational studies,5(1), pp.1-14. Rutberg,S.andBouikidis,C.D.,2018.Focusingonthefundamentals:Asimplistic differentiationbetweenqualitativeandquantitativeresearch.NephrologyNursing Journal,45(2), pp.209-213. Ryderandet.al.,2020.Indigenousresearchmethodology–weavingaresearch interface.International Journal of Social Research Methodology,23(3), pp.255-267. Sanabria-Díaz, J.M., Aguiar-Quintana, T. and Araujo-Cabrera, Y., 2021. Public strategies to rescue the hospitality industry following the impact of COVID-19: A case study of the European Union.International Journal of Hospitality Management,97, p.102988. Sigala, M., 2020. Tourism and COVID-19: Impacts and implications for advancing and resetting Smith, J., Date, P., Spencer, W., de Tonnerre, E. and Taylor, D.M., 2020. Evolution of methodology and reporting of emergency medicine quantitative research over a 20-year period.Emergency Medicine Journal,37(6), pp.324-329. industry and research.Journal of business research,117, pp.312-321