Strategic Management in Tourism: Four Seasons Hotel Case Study
VerifiedAdded on 2023/04/20
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Case Study
AI Summary
This case study examines the strategic management challenges faced by the Four Seasons Hotel, specifically focusing on the issues of obsolete technology and increasing competition within the hospitality industry. The analysis highlights the need for the hotel to adopt innovative technological solutions, such as robotic technology and automated check-in/check-out services, to enhance service delivery, reduce operational costs, and improve customer satisfaction. Furthermore, the study emphasizes the importance of adapting to the changing business environment and the need for strategic investments, including exploring opportunities with investors like Bill Gates, to facilitate growth and maintain a competitive edge. The report concludes that embracing technological advancements is vital for the hotel's survival and success in the dynamic hospitality market, ensuring competitiveness and customer loyalty. This includes the development of automated check-in and check-out services, and the adoption of robotic technology to improve the quality of services and reduce operational costs. The case also emphasizes the importance of strategic partnerships and market analysis to identify growth opportunities and maintain a competitive edge.
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