Globalization of the Hospitality Industry
Locate an article from the US concerning the globalization of the hospitality industry.
Analyze the influence of globalization on the hospitality industry based on your selected article. Also discuss the challenges faced by hospitality organizations expanding beyond their domestic markets.
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Article: Hospitality Adjusts To Globalization
By Roger S. Cline
The influences and challenges of globalization on the hospitality industry:
The hospitality industry has been greatly affected by globalization. This industry involves the most cross-border flows of people and capital, with the largest traders of foreign currency, and the center of transfer of ideas and cross. It is indeed, an important tool in physically bringing people together in a community. It is at the core of globalization of international business and organizations have to consider the implications and be prepared to handle the trends driven by the global marketplace. Managers of the hospitality industry meet people from all walks of life and from different cultures thereby increasing their ...
The influence and challenges of globalization in the hospitality industry. References are included.