Sunday, May 17, 2020

The Hotel Industry And The Sports World - 1820 Words

The hotel industry and the sports world have always had interactions between each other some way or the other. Teams and athletes travel for many different reasons other than competing in games, for instance camps, retreats, tournaments, clinics and prospect scouting. These are all opportunities for hotels to increase their income, because there are thousands, if not millions of athletes in every sport. Two professors from the Chinese University of Hong Kong named Eliza Ching-Yick Tse and Suk-Ching Ho wrote in their article â€Å"Targeting Sports Teams† that the â€Å"Sports travel in the United States has become a $27-billion business. More than 75 million American adults reported traveling to attend a sporting event as either a spectator or as a participant in the past five years†(Tse, and Ho 49). Furthermore, by specializing in this specific sector and offering complete training facilities, the intended customers will be more attracted since the hotel will satisfy directly the customer s needs. Creating a hotel that focuses only on the sports market can make for a constant relationship throughout the year, since teams travel during the off season as well. Therefore the hospitality industry could benefit enormously from solely targeting the sports market in all its faces. Hotel owners and potential future investors will be interested in seeing there is an actual market opportunity if the only targets are sports organizations and occasionally fans. For every business the constantShow MoreRelatedEngland s Culture Contains Unique Elements That Defines Its Country Today1464 Words   |  6 Pagesmy traditions come from China and a mix of Malaysia. England’s culture has been around for many years. 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The retro trend in clothing, the SUV trend in the car industry, but nowhere else are trends more important than in the hospitality industry. But what exactly is a trend? A trend describes usually the time measurable course of a development into a certain quantitative and/or qualitative direction. In economics, trends are changes of the behavior of the society. In marketingRead MoreEssay on Trends in the Hospitality Indus1441 Words   |  6 PagesTrends in the Hospitality Industry Nowadays trends are everywhere. You can find them in every industry and they play a huge role. The retro trend in clothing, the SUV trend in the car industry, but nowhere else are trends more important than in the hospitality industry. But what exactly is a trend? A trend describes usually the time measurable course of a development into a certain quantitative and/or qualitative direction. In economics, trends are changes of the behavior of the society. In marketingRead MoreTokyo Olympics : An International Sport Event Essay1594 Words   |  7 PagesIntroduction Olympic is an international sport event which held each four year. Last Olympic was Rio Olympic in Brazil in 2016. The event has lots of effects on countries involved the event. Japan is one of those countries. Tokyo, Japan was chosen as next host of summer Olympic games in 2020. Tokyo Olympic definitely has impacts on Japanese economy. For instance, it will affect businesses in the Japanese tourism industry. Many Japanese businesses in Japanese tourism industry will be related to Tokyo OlympicRead MoreDescribe Different Events And Their Characteristics Of The Hospitality Industry1711 Words   |  7 PagesUnit 22: Describe different events and their characteristics in the hospitality industry The Events industry opens a great employment opportunity for hospitality work. Due to the recent growth in events the standards for what can be called a great event has been raised. Expectations from people attending events such as weddings have been risen therefore the quality of the events has become more elaborate and expensive. As shown in the â€Å"annual income from events† table below; corporate events likeRead MorePeople Love Sports All Around the World1145 Words   |  5 PagesFIFA Sports. A simple six letter word that has plenty of meaning to different people. It doesn’t matter what sport you like or which team you represent because now sports is a language that can be spoken all around the world just like money. Every sport has a major event that speaks for them selves, some of them are competitions that take place every four years, every two years, and some of them are yearly, like the super bowl. But despite of all of this great sport events theirs one that occurs

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