SHERATON HOTEL SUCCESS FACTORS, AND CHALLENGES AT GLOBAL OPERATION AND FUTURE PLANS (Coursework Sample)
THE TASK IS ABOUT THE SHERATON HOTEL SUCCESS FACTORS, AND CHALLENGES AT GLOBAL OPERATION AND FUTURE PLANS. THE SAMPLE FOCUSES ON THE HOTEL INDUSTRY WITH A CASE STUDY OF SHERATON, UNDERSTANDING ITS SUCCESS IN CHALLENGING BUSINESS ENVIRONMENT AND GAINING INSIGHT IN ITS FUTURE BUSINESS PLANS.
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SHERATON HOTEL SUCCESS FACTORS, AND CHALLENGES AT GLOBAL OPERATION AND FUTURE PLANS
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Introduction
The hotel and restaurant industry presents several challenges that match the number of opportunities to exploit. As a result, strategic hotel and restaurant businesses with vision can convert the opportunities into a success story as illuminated in the history of the Sheraton Hotel which has recorded remarkable success rates in the competitive industry. The strategy used by successful hotels and restaurants has its roots from the foundation. Focusing on the Sheraton Hotel, the business was founded by Ernest Henderson and Robert Moore who were leading entrepreneurs from the East Coast. The journey of Sheraton begun with the step taken by the two entrepreneurs buying Stonehaven Hotel in Springfield, Massachusetts. The leaders had the main goal of creating a network of hotels where customers could have a consistent experience as well as standard service from all the Sheraton Hotels globally. Accordingly, this became the mission of the Sheraton Hotel to-date CITATION Ray17 \l 1033 (Raymond, 2017).
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