Chapter 1 Introduction: managing hotel accommodation: an overview

Roy C. Wood

Useful videos

IHG boss Hotel group is asset light but brand heavy

HICA Break Away Session 5: Asset Light or Asset Right – Understanding Management Contracts

Further discussion questions

  1. Research official definitions of the word ‘hotel’. Should the term be legally restricted to describing a particular kind of business? If so, on what criteria?
  2. Why do many international hotel companies continue their global expansion when it seems inevitable that greater supply will eventually lead to fewer financial returns?
  3. Identify and produce a scale of risks, and types of risk, that any new hotel should consider before investing. Do you think hotels, considered as business entities, to be high, low or medium risk?
  4. What do you consider to be the most important challenges facing the corporate hotel sector in the next ten years?