Research Project Paper Example | Topics and Well Written Essays - 1000 words

Project - Research Paper Example Through the course of its contents this research project highlights areas in the hotel that need improvement and based on research, proposes solutions to said problem areas. Methodology This research project provides analysis of research material pertaining to the effective, strategic and efficient management of a hotel and includes a detailed stakeholder analysis by drawing on that research. Limits of Research The methodologies and strategies mentioned in this research project are generally applicable to any enterprise in the hospitality industry; however, some limitations may arise in very specific cases where a more customized approach may be necessary. Critical Analysis and Recommendations Hospitality and tourism are two of the world’s industries that are experiencing the most dynamic and rising growth levels. Combining the two industries are entrepreneurial ventures regarding hotels which become a bridge between the hospitality and tourism industries. Slattery (2002) talk s about how in this modern day and age the element of ‘hospitality’ has been lost from the hospitality industry due a more industrialized approach towards hospitality ventures. According to this paper, this element has been impaired by the industrialized commercial vision and to restore it we need to understand hospitality as a â€Å"social phenomenon involving relationships between people† and thus incorporate the â€Å"social factor† in the provision of services in any hospitality business. This research further goes on to say that to better understand hospitality we need to understand how it works in private settings, for example that of a nuclear family. Insight from this setting will make hospitality ventures better able to provide food, accommodation and other services. However, focus shouldn’t be limited to private settings for hospitality enterprises are after all business ventures and requires a very important commercial market interaction. The venture can be successful only if adequate attention is paid to all three domains. (Slattery, 1998). Further, the nature of hospitality is of crucial importance for hotels and their effective management. However, this aspect is mostly overlooked. To be more effective, management needs to factor in aspects of human behavior to better understand how to serve their clients in a more superior manner. (Brotherton and Wood, 2007). A feasibility study is also important and may take the developers months to collect the data that provides enough favorable economic argument to build a hotel. (Rutherford and O’Fallen, 2007). This is a very important step and must not be missed because future operational success builds on it. Another major concern in the modern world of globalization, expansion and technological progress is that businesses should be more concerned about ‘going green’ and not waste the earth’s resources that are available for their consumption, bu t devise ways through which these resources can be conserved. Hotels are a business in which the energy and resource consumption levels are high because they entertain a lot of people at one time. However due to their extensive consumption patterns they also have a higher responsibility to conserve resources and energy. Hotels, like other hospitality businesses are supposed to factor in sustainability and work to reduce their environmental footprint. Hotels that are conscious of this and appropriately address issues of