MANAGEMENT
The Impacts Of
Globalisation In Hotel
Industry
And Its Negative Effects
, Introduction
In the 21st century, with the increasing levels of
globalization in hotel industry, hotel companies will need to
learn different management approaches to survive and
develop in environmental circumstances with high levels of
uncertainty as well as understand the implication of future
impacts, both positive and negative, of the changing
environment in which they operate. As international trade
and business expand, there is no question that international
linkage will become more important for the hotel industry.
The increasing levels of globalization, in this particular
industry may affect the internal operating environment (e.g.
organizational culture, structure, management styles etc.) of
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hotel companies.
,3
, INTRODUCTION
Globalization has become part of everyday vocabulary.
Every day we hear the term globalization on the news, read it in the
papers, and overhear people talking about it
.
What is globalization?
Globalization refers to the shift toward a more integrated and
interdependent world economy
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