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1_LodgingIndustry.ppt - The Hotel Industry Overview The...

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The Hotel IndustryThe Hotel IndustryOverviewOverviewThe Pullman Central Park – Jakarta IndonesiaThe Pullman Central Park – Jakarta IndonesiaFormerHome of Arditiya Chandra Putra –FormerHome of Arditiya Chandra Putra –2012 WCC Graduate2012 WCC Graduate
Lodging SegmentsLodging SegmentsRange of Lodging Property AlternativesSleeping RoomsNo services, just a bed.Often a shared bathroom.Limited-Service HotelsProvide only the room.No/limited F&B, maybe a poolFull-Service HotelsIn addition to a room offer Full service F&B, Room Service,banquet and meeting facilities, business center, spaDestination ResortsTypically in an exotic location with recreational activities,F&B, and multiple amenities
Types and Locations of HotelsTypes and Locations of HotelsCity centerDesigned for the traveling public for business or leisureResortInclusive and diversified in accommodationsAirportAccommodates business, group, and leisure travelersgenerally in the 200- to 600-room size and are full-serviceFreeway hotel and motelconvenient, reasonably priced, few frillsCasinoComing into the financial mainstreammakes more money from the gaming than from the roomsConventionMeet the needs of groups attending and holding meetings andconventions
Types and Locations of HotelsTypes and Locations of HotelsFull-ServiceFull range of facilities, services, and amenitiesEconomy/BudgetReasonably sized and furnished rooms without the frillsBoutiqueUnique architecture, style, decor, and smaller in sizeExtended-StayMost guests are long termAll-Suite Extended-StayTypically includes living space andkitchenetteCondotelsCombination of hotel and condominiumMixed-UseHotel that may also have residences -linkBed & BreakfastTypically owner lives on the premises or nearbyAttractive, unique accommodation and breakfast
Typical Lodging GuestsTypical Lodging Guests48%traveled for pleasure52%traveled for business
Hotel Industry “Snap Shot”Hotel Industry “Snap Shot”U.S. lodging industry consists of approx. 53,432properties15 rooms or moreA total of approx. 4.98 million roomsGross revenue of approx. $176 billion$74.12 Revenue per Available Room64.4% Average Occupancy$115.02 Average Room Rate$98.07 in 2009/ $82.68 in 20032015 Statistics fromAH&LAAH&LA Lodging Industry – Economic Powerhouse!

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Term
Summer
Professor
N/A
Tags
general manager, hotel industry, Hotel Organizational Structures

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