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Strategic Management of Hyatt Regency

   

Added on  2021-04-17

9 Pages1764 Words334 Views
Running head: STRATEGIC MANAGEMENTStrategic management of Hyatt Regency, DubaiName of the student:Name of the university:Author note:

1STRATEGIC MANAGEMENTTable of contentsInsight into the Hyatt Regency........................................................................................................2Mission and vision statement...........................................................................................................2Internal and External environment..................................................................................................3SWOT..........................................................................................................................................3PESTLE.......................................................................................................................................4Sectorial influence on competitiveness within the industry........................................................4Strategies for organizational excellence..........................................................................................5Steps taken to discourage unethical behavior..................................................................................5Recommendations for organizational change..................................................................................6References and bibliography...........................................................................................................7

2STRATEGIC MANAGEMENTInsight into the Hyatt RegencyHyatt Group operates under hospitality industry, catering to the entertainment needs ofthe customers. As a matter of specification, the Group is the parent company for hotels andresorts. One of these is Hyatt Regency in Dubai. The hotel was launched in 1980 and since then,it is a 5 star hotel, located in Deira district of Dubai (Hyatt.com, 2018). The guests can easilyreach the hotel from metro station or airport. The elegant guestrooms and suits possess flexibilityto lure the guests from foreign countries. The provision of sightseeing makes the guestsacquainted with the spectacular cultural heritage, of which Dubai takes pride. The cuisineoffering fusion foods gains prominence. Along with this, there is extensive presence ofrecreational facilities- fitness centre, swimming pool, games section among others. Apart fromthis, the hotel hosts business meetings and weddings in 4000 square metre of halls. Hyatt HotelsCorporation is entrusted with the responsibility of looking into the efficient execution of thebusiness activities (Hyatt.com, 2018). Mission and vision statementThe mission statement of Hyatt is to deliver quality services to the guests. A caringapproach to the guests helps the hotel personnel in making the mission successful. This caringand understanding approach reflects the vision statement of the hotel, that is, the creation of aworld of care, compassion and understanding. Exposure of teamwork by the skilled andefficient workers makes the mission statement a realistic one. Researching and developmentinnovative means of carrying out the business activities reflects the measurability of the missionstatement proposed by the personnel of Hyatt Regency (Hyatt.com, 2018). Consciousness

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