Friday, October 18, 2019
Summarize Research Article Essay Example | Topics and Well Written Essays - 500 words
Summarize Research Article - Essay Example laims that most hospitals within the United States do to employ effective decontamination measures thereby resulting the infection of myriad practitioners annually. The researcher therefore seeks to investigate the measures employed in health facilities within the country. The researcher identifies several health facilities within the state. Sampling is the process of identifying the hospitals to investigate. The researchers employ random sampling technique in the selection of both the hospitals and the specific health practitioners to investigate in the study. With the selection of a particular number of subjects, they begin the investigation. The process involves extensive data collection through interviews and observations of the practices in the health facilities. They record the subsequent contaminations and the actions the facilities employ after the contaminations. In the end, the researchers document their findings thereby drawing a conclusion, which qualifies their earlier hypothesis. In the end, the researchers prove that several health facilities across the country employ various safety precautions. However, some lack such fundamental security features thereby presenting substantial health risk to their employees. The researchers compare th e number of the contaminated health practitioners against the number of the uncontaminated in order to draw such damning conclusions. The validity of the conclusion relies on the number of the variables they use and the frequency of either contamination or effective decontamination in order to prove the hypothesis. Just as with quantitative research, qualitative researches also operate with effectively constructed hypothesis, which they either approve or disapprove in the end. However, qualitative researches investigate values hat result in particular behaviors. Such researches investigate the why, when, how and why intricate of a phenomenon. The researches therefore do not rely on numerical findings but on the
Thursday, October 17, 2019
Article Review Essay Example | Topics and Well Written Essays - 500 words - 30
Article Review - Essay Example The six styles of leadership have a quantitative effect on every climatic aspect. In a nutshell, the coercive leaders tends to demand immediate compliance, authoritative leaders mobilizes the workers towards the companyââ¬â¢s objective, affiliative leaders creates that harmony and comes up with an emotional bond, democratic leaders comes up with consensus through the art of participation, pacesetting leaders sets high level of performance, while the coaching leaders develops the employee for the future. Therefore, from the article, the more styles a leader implements the better the performance of an organization; leading with more than four leadership styles have the best business and climate performance. Some of the six effective leadership styles that should be employed by leaders at the place of work include; authoritative leaders who are able to mobilize individuals towards a vision, coercive leaders who demand immediate compliance, democratic leaders who build consensus, affiliative leaders who creates harmony and emotional bonds, coaching leaders who develop people for the future as well as Pacesetting leaders who expect self-direction and excellence. The listed six leadership styles are often driven by emotional intelligence capabilities such as social skills, social awareness, self-management and self-awareness (Goleman, 2). Executives who failed to utilize emotional intelligence registered less performance and were rarely rated as outstanding. Effective leadership and emotional intelligence are intertwined. Leaders tend to influence the organizational environment in various ways. There are six factors that affect the working environment of the organization. The factors inclu de; sense of responsibility, the level of standards, the clarity of the people, level of commitment, aptness of rewards and its flexibility. For effective
Business senerio Assignment Example | Topics and Well Written Essays - 500 words
Business senerio - Assignment Example The managerial staff at the firm must find alternative solutions to the problem as soon as possible. The morale problems the company faces have escalated into other human resource issues including a lack of communication, interpersonal conflicts, and physical confrontations. The situation has gotten so bad that the employees have stopped caring about their duties and their actions have reached external stakeholders. Recently an employee acted improperly dealing with a customer by yelling at the customer and acting unprofessionally. We have received several complaints from vendors of the company that have not received important paperwork concerning incoming shipments. The company is not suffering from any cash flow problems, but for some odd reason the finance department never pays the bills on time. The quality of the food at the cafeteria has reached an all time low. It seems as if the company is in the middle of chaos. Due to the negative impact that the morale problem is having on the entire organization the company has to take immediate steps to remedy the situation. The first step towards finding a solution is recognizing the existence of the problem to then take corrective actions. As managers we are responsible for the job performance of our subordinates. This matter cannot be delayed any longer because the low morale at the company is spreading like a virus. The majority of the departments at the firm are underperforming and the firm has become an unpleasant place to work. It is important for the company to take this matter seriously because low employee morale usually results in poor productivity and production. The firm has done a poor job at dealing with the situation so far and has let a simple issue turned into a problematic situation. The objective of the meeting is to allow the entire managerial staff to participate in the process of finding a solution to the morale problem. By the end of this meeting
Wednesday, October 16, 2019
Article Review Essay Example | Topics and Well Written Essays - 500 words - 30
Article Review - Essay Example The six styles of leadership have a quantitative effect on every climatic aspect. In a nutshell, the coercive leaders tends to demand immediate compliance, authoritative leaders mobilizes the workers towards the companyââ¬â¢s objective, affiliative leaders creates that harmony and comes up with an emotional bond, democratic leaders comes up with consensus through the art of participation, pacesetting leaders sets high level of performance, while the coaching leaders develops the employee for the future. Therefore, from the article, the more styles a leader implements the better the performance of an organization; leading with more than four leadership styles have the best business and climate performance. Some of the six effective leadership styles that should be employed by leaders at the place of work include; authoritative leaders who are able to mobilize individuals towards a vision, coercive leaders who demand immediate compliance, democratic leaders who build consensus, affiliative leaders who creates harmony and emotional bonds, coaching leaders who develop people for the future as well as Pacesetting leaders who expect self-direction and excellence. The listed six leadership styles are often driven by emotional intelligence capabilities such as social skills, social awareness, self-management and self-awareness (Goleman, 2). Executives who failed to utilize emotional intelligence registered less performance and were rarely rated as outstanding. Effective leadership and emotional intelligence are intertwined. Leaders tend to influence the organizational environment in various ways. There are six factors that affect the working environment of the organization. The factors inclu de; sense of responsibility, the level of standards, the clarity of the people, level of commitment, aptness of rewards and its flexibility. For effective
Tuesday, October 15, 2019
Why should we stay in Afghanistan Thesis Example | Topics and Well Written Essays - 500 words
Why should we stay in Afghanistan - Thesis Example orted the Taliban against Soviet Union to make this world uni-polar and now with China threatening to become a super power, staying back would mean US will have more control over the region. Furthermore, Pakistan blames US involvement for the unrest in its country and China supports Pakistanââ¬â¢s claims and wants US to go. Whereas, India pressures NATO forces to remain in Afghanistan, to keep Pakistan engaged at the western border leaving its side to lesser happenings (Bosco, 2012). Considering Osama Bin Ladin was present in Pakistan, and was killed by American Marines in a covert operation in Abbotabad raises questions on its ââ¬Å"allyâ⬠status with US against the war on terrorism, as it failed to provide the intel on bin Ladin. Furthermore, President Karzaiââ¬â¢s government is incompetent and very corrupt, with an inefficient army that is unable to preserve a secure Afghanistan (Bosco, 2012). If America leaves Afghanistan in this state, there will be political unrest in the country, giving rise to a Taliban insurgency once again. This will bring back same political and security conditions before US hit Afghanistan, and will fail to accomplish what they had aimed, a safer world free of Al-Qaeda. Then there is a threat that if US were to leave Afghanistan abruptly, the resulting Taliban government will commence a mass murder, like the withdrawal of US troops from Vietnam (Woodward, 2011). It is feared that the number of civilians slaughtered by the Talibans would exceed the ââ¬Å"killings of 2 million Cambodian civilians by Cambodiaââ¬â¢s uncontrolled communist potentate, Pol Potâ⬠(Austin Bay, Express-News columnist, 2012). The primary argument in favour of leaving Afghanistan is that the US got involved with Afghanistan for two purposes. Drive Taliban out of Afghanistan and end the imposing threat to world peace; secondly, dissipate Al-Qaeda networks and end terrorist threats and attacks on America. They have succeeded in achieving both (Bandow, 2012). Secondly, the
Expansionary Economic Policy Essay Example for Free
Expansionary Economic Policy Essay In economic terms, a recession is defined as a general slowdown in economic activity. In an effort to move the economy out of a recession, the government would implement expansionary economic policies. One action the government would take would include conducting expansionary fiscal policy. The other action taken would be conducting expansionary monetary policy. Both of these actions would have an effect on such things as money supply, interest rates, spending, aggregate demand, GDP, and employment. Expansionary fiscal policy consists of change in government expenditures, or taxes, in order in influence the level of economic activity, inflation, and economic growth (Amacher Pate, 2012). Expansionary fiscal policy is when taxes are cut and government spending is increased. Lower taxes will increase disposable income. The increase in disposable income will lead to higher levels of consumer spending. In theory the more money that consumers spend, the higher the chance for economic growth. Tax cuts will also lead to an increase in aggregate demand. Aggregate demand is the total demand for goods and services is the economy. As stated earlier, a tax cut will increase peopleââ¬â¢s disposable income therefore increasing the amount of money available for consumption. The increase in consumption would increase the demand for goods and services. This in turn increases GDP (gross domestic product). GDP is the value of the total output that the economy produces in a given time period (Amacher Pate, 2012). The higher the demand that there is for goods and services, the need for employees to produces these goods and services are needed. This increases employment. Lower tax cuts will also increase peopleââ¬â¢s incentive to work. With lower taxes comes more money to spend from their paychecks. There are arguments, from economists and politicians, regarding the effect tax cuts in fiscal policy will have on the economy. Some economists argue that the effect of future tax cuts will lead consumers to change their saving (David, 2008). Some economists feel that people will save the value of the tax cut that they receive today in order to pay those future taxes (David, 2008). Some politicians feel that tax cuts will have no effect because changes in private saving will offset changes in government saving. Tax cuts allow the government to increase spending on special programs and health care. The increased revenue allows a government to borrow less money or lower government debt. This will result in lower interest rates which are beneficial to everyone involved. What is important to look at though is what the increased spending by the government is going towards. Those against increased government spending say that the government spends foolishly. In order to stimulate the economy, the increased government spending needs to go towards those things that are beneficial to its citizens. An example of this would be if the unemployment rate is high and the government spends on hiring workers to fix the roads, this would help to decrease the high unemployment rate. According to a global poll taken in 2009, an average of three in five citizens (60%) supports the increased spending by the government to help stimulate the economy (Global Poll Shows Support for Increased Government Spending and Regulation, 2009). Strongest support is for investments such as renewable energy, green technology, and giving financial support for troubled industries and companies. Expansionary monetary policy is when a central bank, for example the Federal Reserve Bank (the Fed), uses its tools to stimulate the economy. Often times this means lowering the Fed funds rate in order to increase the money supply. What this does is it increases liquidity which gives the banks more money to lend. The result of this would be lower interest rates. The Fedââ¬â¢s use three tools when conducting monetary policy; open market operations, the discount rate, and reserve requirements (How the Fed Guides Monetary Policy, 2011). The most common tool used is the open market operations tool. This is used to buy or sell government bonds on the open market. It is used to manipulate the short term interest rate and the supply of base money in an economy. The discount rate is the interest rate a Reserve Bank charges eligible financial institutions to borrow funds on a short term basis (How the Fed Guides Monetary Policy, 2011). A higher discount rate can indicate a more restrictive policy, while a lower rate can be used to signal a more expansive policy (How the Fed Guides Monetary Policy, 2011). All financial institutions, whether or not they are members of the Federal Reserve System, must set aside a percentage of their deposits as reserves to be held either as cash or as reserve account balances. The Federal Reserve sets these requirements for all commercial banks, savings banks, savings and loans, credit unions, and U. S. branches and agencies of foreign banks (How the Fed Guides Monetary Policy, 2011). This tool is the least common used of the three. There are two kinds of assets that banks can count toward meeting the required reserve. The first is valued cash such as currency and coins. The second, and largest, consists of funds the bank has on deposit with its direct Reserve Bank (Amacher Pate, 2012). A change in the reserve ratio is rarely made and when a change is made it usually is in small amounts. A reduction in the ratio usually has a double impact on the money supply. First, it converts some required reserves into excess reserves. Second, it increases the size of the deposit multiplier (Amacher Pate, 2012). An increase in the reserve ratio works in the opposite way. The interest rate the Fed charges a bank is the discount rate (Amacher Pate, 2012). The higher the rate, the less likely banks are to borrow. The discount rate acts more as a function than a tool in monetary policy. An increase in the discount rate indicates to banks that the Fed wants cool down the economy by reducing bank lending. An increase indicates the Fedââ¬â¢s desire to stimulate the economy. The Fed most likely would increase the discount rate when conducting monetary policy because by doing so, it would keep banks from using this source before turning to other less expensive alternatives. Whether or not the Fed wants to buy or sell government securities depends on this; whether or not they want the funds rate to rise or fall. If the fed wants the funds rate to fall, it will buy government securities from a bank. What happens is that the Fed then pays for securities by increasing the bankââ¬â¢s reserves (frbsf. org, 2011). The banks will then have more reserves than it wants. Then the Fed can lend these unwanted reserves to another bank. If the Fed wants the funds rate to rise, then the opposite will happen. It will sell the government securities. The fed receives payment in reserves from the banks, which will lower the supply of reserves in the banking system (frbsf. org, 2011). To tighten money and credit in the economy, the Federal Open market Committee (FOMC), directs the New York trading desk to sell government securities, collecting payments from banks by reducing their reserve accounts. With less money in these reserve accounts, banks will have less money to lend, interest rates will increase and consumer spending will decrease. This will have a negative effect on the economy. Some may argue that there can be too much expansionary monetary policy. If the Fed stimulates the economy too much, that could trigger inflation. Inflation is when prices rise above the 2 inflation target that the Fed has set. What happens is that consumers will start buying immediately in order to avoid higher prices in the future. This raises the demand which will cause businesses to have to hire more workers to produce the product. The additional income will allow consumers to spend more which in turn will stimulate more demand. This will cause businesses to start raising prices because they know that they will not be able to produce enough. They will also raise prices because they know that their costs will rise as well. This is what will cause an increase in inflation. During a recession, the government will implement expansionary economic policies. One type of policy conducted is fiscal policy. This policy consists of changes in taxes and government spending in order to stimulate the economy. The other is monetary policy, which is when a central bank, such as the Fed, uses tools to stimulate the economy. Both of these policies have been and will be used in the future to stabilize the economy.
Sunday, October 13, 2019
Analysis of the Hotel industry in UAE
Analysis of the Hotel industry in UAE Introduction The service sector to be precise is bound to expand further from the current standing due to huge global economic growth in the areas of travelling, hospitality, hotels and recreational services that defines the hotel industry. It is being observed that economic activities within the realms of the hotel industry also and the investment made in that regard is huge and booming. These factors foster the growth element of the hospitality industry. Above all, the increasing numbers of global travelers in the backdrop of tourism and its booming growth poised the way for the hospitality industry to benefit tremendously. The economic aspects and its consideration in that regard as far as activities encompassing the hospitality industry thus are flawless and immeasurable as far and growth factor is concerned and the economic aspects in that regard. But often we wonder as to what defines the hotel industry or let say, hospitality industry for that matter? In general hotel industry is a broad c ategory and includes the service industry at large covering the category of lodging, restaurant, recreation and many more. The hospitality industry on a global scale is a huge. There is high instance of economic activities going on within the global hospitality industry. Due to the growth in tourism, recreational services and lodging as well as food chains and increasing number of restaurants, the global domain of hospitality industry present a huge economic avenue for all kinds of opportunities, be it investment, financing or the factor which also drives the construction sector in the economy of the world. Above all, employment opportunities also are huge in the hotel industry on a global scale. (Economy-Watch) There is no doubt in that regard, since the hotel industry encompasses all features of the service sector. Summing it all up and when we focus our attention to the hotel/hospitality industry in UAE also we feel that there are many interesting details to research about, especially the growth component of UAE hospitality industry in the current schemes of things. Literature Review First and foremost it should be understood that the very idea of hotel industry in general is a playground of huge economic activities. As we can observe, international industry presents a refined form of globalization and its influence in almost all sector and industries. The significant part is that globalization has opened up an avenue and numerous opportunities for hotel industry to reap the benefit from. Global Hospitality Industry Hospitality to be correct is much broader in scope. Some people do have a misplaced understanding as to what is hospitality industry.Ãâà The general perception of hospitality means the realms of hotel and restaurant. This is not wrong or incorrect to be precise, however, hospitality industry and its scope is broader and includes all features of entertainment and other aspects that amount towards serving guest and reception of visitors with liberty and good will. (Clayton W. Barrows, 2008 , p. 4) According to scholars and observers, they are of the opinion that the global hospitality industry is bound for a major boom and growth, due to increase internationalization of businesses and the worldwide presence of variety of services in the backdrop of globalization and its impact. An economic aspect that covers the range of activities within the hotel industry also is garnering steam. (Yu, 1999 , p. 3) In the current scheme of things it is said by experts that the global hospitality industry is on a growth path. Demands in the industry as far as service components encompassing hotel industry also is huge, which further boost the growth element to the point that meeting the demand seems to pose many issue when viewed from a business perspective and as far as operation goes. (ErnstYoung, 2011) Nonetheless, it also should be understood that ââ¬Ëhospitality is the very important component of the service industry in any of the country national economy.â⬠(Yu, 1999 , p. 4) Speaking of the hotel industry, it should also be understood that the components which feature the hotel industry can be classified and divided into two main segments, namely (i) Entertainment area (ii) Accommodation and Lodging. (Economy-Watch) Entertainment Areas: in the Entertainment Area, the hospitality services includes, clubs, bars, restaurants, casinos, and other forms of entertainment such as event planning and the likes, which are some example mentioned herein. (Economy-Watch) Accommodation and Lodging: On a larger note though, Accommodation and Lodging area of the hotel industry includes houses for rent, hotel accommodation, resorts, serviced apartments and also extend its range to motels, which are a factor of attraction for traveler due to the cost factor and comfy accommodation on a first come, first serve basis. (Economy-Watch) Apart from these and within the components of the hotel industry in the global scale, the very object of tourism also finds a pale of consideration. The structure of tourism and its components to a great extent defines the very object of hospitality industry. What is all about tourism and is feature can be measured within the realms of its components that includes providing tourist with comfy accommodation when it comes to their stay be it hotel, motel, lodges, guest houses furnished apartments or any other hospitality services. (Andrews, 2007 , p. 30) For this very reason we see as to why the tourism sector at most instance are in tie up with major hotels and accommodation providers and also with tour and traveler providers and thus boosting the growth of global tourism. Above all, it should not be forgotten that the hospitality industry is a huge employer, when compared and contrasted in context of the industry at large. Employment opportunities in the backdrop of booming global to urism and increasing and mushrooming international business provide a huge avenue for fresh graduate and those who are specially trained in the hospitality management aspects. Hospitality Industry in UAE According to reports, it states that the hotel industry in UAE and in particular to its Trucial state Dubai is very competitive. Dubai and UAE in particular defines the landmark for all kinds of luxuries. Hence, when it comes to hotel industry, it is not surprising to see that UAE in that regard boast of a huge avenue and booming scenario of Hotel industry. One example of it can be looked in respect of the Dubai Marina Hotel and Resorts that are a delight global travelers and frequent traveler who is in search of luxury. (Boermeester, p. 52) To understand the very component encompassing the hospitality industry in UAE and in particular in Dubai, we feel that observing the development projects in the tourism industry and increasing construction for tourism attraction in recent time can be effective. One example to list in that regard can be looked in respect of the Palm Spring Island, and the Burj Al Arab Hotel that was opened and operated since 2009, and boast itself with a seven star class, and which we proclaims to one amongst the luxurious hotel on the global scale. (Ahmed Hassanien, 2010 , p. 14) Objectives, Scope and coverage This report and its study overall is focused and limited to the ââ¬Ëhotel industry in general and the discussion in that regard which also covers the hotel industry in UAE in the last 2 years, starting from 2009 to present. We feel that it is also prudent to define the component of this report overall, that is to say the scope and its coverage. The overall discussion relates: To define, extrapolate and examine the features of what defines the hotel industry on a global scale. An extension to list all the viable and recent data related the growth and booming of the hotel industry in UAE, with its concentration in Dubai and Abu Dhabi, which is central to the discussion of this work. In order to reach to this conclusion and the analysis required herein for the basis of this report and the subject matter requirement, we feel that reliable source and data retrieved from the hotel industry would be viable enough, besides other available literature and information that can be retrieved online. Besides information related to the industry in general and that which is related to the hotel industry in UAE also would be helpful enough to assist the completion of this work and the attempt made in that regard. The main aim and objective of this work is to reflect its discussion and analysis on the hotel industry from an economic perspective. Thus, it is only natural that information to be used herein is directly linked to the hotel industry in general and that which gives us an informative points about the hotel industry in UAE in the current scheme of things. For that reason a brief economic analysis as to the growth factor of the hotel industry in UAE and its comparison with the global hotel industry is also a necessity we felt, which will be covered in this report through a literature review and successive, discussion and analysis, which defines the overall objective of this work in order to reach a conclusive conclusion.Ãâà Hypothesis/Assumption of the Report We assume that identifying the main issues to be discussed related to the subject matter ââ¬Ëhotel industry in UAE is also helpful, which the following paragraph relates to. What defines the ââ¬ËHotel Industry in general? Besides, what defines the components of hotel industry? It is assumed that the hotel industry is one of the fastest growing industries, How far this statement stands true? If, so what are the scopes for its growth for the present and future segment of the industry in general, given the current booming of hotel industry on the global scale? What are the attractive features of UAE hotel industry? How far UAE hotel industry has contributed to the growth element of global hospitality industry at large? What employment opportunities do the hotel industry offers, given that service sector is assumed to be the factor that drive the hospitality industry? Considering these assumptions identified above, it should be further clarified that this work and the overall attempts in parts and full thereof is to trace and examine the features of global hotel industry, with its concentration in UAE hotel industry. Methodology and Data For the purpose of this work, the methodology used herein is divided into the primary and secondary resources. Primary Resources: to be correct, there have been very least instance where the primary resources are used in this report. It wont be wrong to say that the primary resource in all aspects is focused within the data, or economic indicator to the growth element of UAE hotel industry that classifies between Abu Dhabi and Dubai which were accessed online and a helpful companion to trace the real economic indicator. Secondary Resources: Inclusive in this report, is the secondary resource being used, namely news and economic reports that is specifically related to UAE and its hotel industry covering a period of 2 years from 2009 till date. Besides, available literature that is related to the hotel industry and its discussion also have been used extensively in order to structure the report and its discussion overall. The combination of the primary and secondary methodology employed herein has been helpful enough for this work and the attempt made in that regard. However, primary resources and its availability posed many limitations. Yet, the economic report has been feasible to close that gap, which helped in completing the report successfully. Data Tabulation: The Economic Aspects of Hotel Industry in UAE From an economic point of identifying the discussion of the hospitality industry and that which is related to UAE, we see that its growth is booming. There are all kinds of hospitality services in UAE, ranging from budget hotels, 2, 3, 5 and 7 Stars hotel. The latest report available with AmeInfo.com, an online news portal, it highlights that increase of revenue from the hotel industry touched the 10% mark till date counting from the start for the financial year 2011. This research was carried out by Deloitte Touch, a global firm with its specialization in global economic research and risk management. (AmeInfo, 2011) This is one of the latest reports. Despite the gloom and decline in hotel industry revenue in the early part of 2009, UAE today is subject to benefit hugely from the rise in global travelling and tourism attraction in the country. News report available with UAE-Interact also states that Abu Dhabi alone have achieved of hotel guest in the first quarter of 2011 to the tun e of 10%, a huge jump from the global slump in 2009-2010. (UAE-Interact, 2011) The following data analysis would be helpful to understand the Hotel Industry in UAE, which is classified between Abu Dhabi, and Dubai growth projection for the financial year 2011. Data Analysis: Abu Dhabi Hotel The number of guest and visitors who lodge in at most of the hotels in Abu Dhabi and its figures is as follows. Number of Guest and Visitor in Abu Dhabi Hotels 510,114 Year/Quarterly Projection Jan-March 2011 Estimates Rise in Percentage 9% for March 2011 Number of Check-In (Emirate Hotels Combined) 180,931 Number of Guest Nights 1.56 million SOURCE:(UAEInteract.com) Data Analysis: Dubai Hotel When it comes to Dubai hotel though, the following is the data. Dubai Hotel growth Projector 7.9% Hotel rooms/Occupancy growth 76.6% for JanÃâà 2011 RevPar(Revenue per available room for 2011) $102.32 Revenue Increase for 2011 2.6% SOURCE: (UAEInteract.com) In Dubai, there are all kinds of flagship hotels, starting with 2, 3, 5 and 7 starts hotel and resorts. The rise in percentage of room occupancy and revenue by a tune of 2.6% for the financial years 2011 is a positive thing we feel. Such increase says analyst is subject to the rise in global travelers and also the tourism boom just after the global economic downturn. (UAEInteract, 2011) Analysis of Results From the above data tabulation and when considering the hotel Industry alone, we feel that the slump from 2009 global down turn is far behind. Hotels industry in Abu Dhabi and in Dubai is projected for huge increase in revenue; check-in. the increase in that regard also shows a positive development scope. If the indication of the report is anything to go by, we feel that growth projection in the hotel industry in UAE is tremendously huge. The AHIC (Arabian Hotel Investment Conference) 2011 that was held recently also take a stock of the matter of the economic aspects of the hotel industry in UAE. As per the said news reports, it states that the main ingredient for hotel industry in UAE is set to follow within the path of asset management and diversification of product, asÃâà a means and measure to meet the global demand of the hotel industry in UAE. Starting from the year from January 2001 till date, occupancy rate have jumped to 24.1%. This is one of the dramatic developments in the hotel industry in UAE.Ãâà In addition, the RevPer (revenue as per available room) for UAE hotel industry also has increased from a mere US$92.46 in 2010 to US$102.32 in 2011. (TTG-Mena, 2011) Rounding our analysis to the above tabular data and in particular to the new report, we feel that UAE hotel industry is heading for a smooth and dramatic recover from the slump it suffered in 2009 global economic downturn. It is not surprising to see the growth, since UAE is known to attract global travelers and businesses for the sheer element attached to its hotel industry. For that matter, UAE today is seen as global destination for all kinds of global events, be it business conference and the likes. Moreover, huge capital investment in UAE in the realms of transportation and infrastructural development of hotels presents an interesting side of the overall story as far as Hotel industry in UAE in concerned. Conclusion From our brief fragmented analysis, we can round up that Hotel industry in UAE is not a mere object to think about. Since the 2009 global economic downturn, UAE have recovered dramatically in all sector of the economy. It is also being observed that hotel industry dont lack far behind in recovery. The UAE government and its initiative to increase and create awareness about various programs, and back-to-back conference that are held in the country as well as tourism development programs and its development have been specific to contribute towards the growth of Hotel/Hospitality industry in UAE. The above analysis which we have defined the very basis of revenue earning for hotels and number of guest and nights stays are some examples of the economic aspects that is generated from visitors who often prefer coming to UAE for all the luxury treatment and preference of 5 and 7 star accommodation. UAE we can conclude presents ââ¬Ëonce in a lifetime opportunity for global globe trotters and business men, who are often seen heading to UAE for all kinds of conferences. To top it all, UAE also boast of major hotels. There are also major tourist attractions in the UAE such as the palm island. Increased infrastructural development and investment made in that regard is positive step taken by UAE government, a actor which also have boost its hotel industry and the national economy besides contributing directly and indirectly to the global economy and hotel industry.
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