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"This book evaluates how and why vertical disintegration has occurred in the global corporate hotel industry, as it undergoes a structural transformation. It provides a unique insight into the new competitive landscape. Underpinned by academic literature, it includes first-hand accounts from the most eminent senior executives of firms in and around the industry. It provides an in-depth perspective of a modern industrial phenomenon and makes observations as to the profitable way forward for the industry.This text is an important read for those working, advising and investing in the sector as well as for students, graduates and researchers."--Provided by publisher.
Hospitality industry --- Management. --- Subcontracting. --- Vertical integration.
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Globalization is a major trend for today's organizations. The services sector is also undoubtedly becoming increasingly international in scope. Accelerated by a desire for growth and profit, incentives provided by the host governments, and a freer flow of capital throughout the world, service firms have discovered that their future survival and growth depend upon extending their services around the world. Globalization has also considerably affected the production, ownership and trade of service activities. This e-book was designed to incorporate both conceptual and empirical research into the internationalization of firms in the service sector and to contribute further to the body of knowledge about internationalization issues in service industries.
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