EconPapers    
Economics at your fingertips  
 

CONCEPT FOR A SUCCESSFUL HOTEL BUSINESS

Tanya Parusheva
Additional contact information
Tanya Parusheva: UNIVERSITY OF NATIONAL AND WORLD ECONOMY, SOFIA

Economics and Management, 2009, vol. 5, issue 4, 70-76

Abstract: The hospitality concept is essential for the successful development of each hotel. It comprises five closely related factors (location, facilities, services, image, price) and can be subdivided depending on the client needs and the facilities necessary to meet them. It’s important that the hospitality concept should be based on the customer’s idea of the hotel. That way it focuses on satisfying the client’s needs. However, it’s difficult to achieve this nowadays because of the demographic, social and technological changes that are constantly affecting the customer’s profile as well as the market. Thus also changing how hotels conduct their business and expand their activities.

Keywords: hospitality concept; tourist demand; hotel market; sector policy; hotel product. (search for similar items in EconPapers)
Date: 2009
References: Add references at CitEc
Citations Track citations by RSS feed

Downloads: (external link)
http://em.swu.bg/images/SpisanieIkonomikaupload/Sp ... HOTEL%20BUSINESS.pdf (application/pdf)
http://em.swu.bg/index.php?option=com_content&view ... d=22:2009&Itemid=116 (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:neo:journl:v:5:y:2009:i:4:p:70-76

Access Statistics for this article

More articles in Economics and Management from Faculty of Economics, SOUTH-WEST UNIVERSITY "NEOFIT RILSKI", BLAGOEVGRAD Contact information at EDIRC.
Series data maintained by Vladislav Krustev ().

 
Page updated 2017-09-29
Handle: RePEc:neo:journl:v:5:y:2009:i:4:p:70-76