Channels of Distribution Official Website One of the most effective online distribution avenue for hotels is their own websites. Even though the original development fees of the websites are high, the costs related to maintaining the websites are low. A website provides a hotel with an ideal platform to provide its customers with adequate information regarding their brands in addition to appealing to its target audience. A website can make a hotel generate high and direct sales without paying any commission to another party. The focus of many hotels is generating many bookings using their websites, which is the major reason why they offer incentives to customers who prefer direct booking(Dholakia1, Zhao and Dholakia, 2009). Currently, many customers who want to access information regarding the hotels that they want to visit use tablets and mobile devices. According to the TravelClick, the bookings of hotels using mobile devices increased by 42% between 2013 and 2015. This implies that hotels should ensure that their websites are optimized. Online Travel Agents This is a vital strategy that positively impacts on revenue management of…

Investments and Derivatives Executive Summary Problem All workers face a risk of insufficient real returns on their retirement savings as a result of inflation risk. Therefore, our team has been appointed by the Dubai International Financial Centre to recommend an optimal investment portfolio for expatriate workers in the UAE for their Gratuity Fund. Solution To reduce the inflation risk, our team will use the Life Stage Model (LSM) as it gives younger members exposure to classes of assets that have a higher probability of generating high real returns in the long term. For older members, their contributions are invested in asset classes that offer high levels of protection for their capital. Table 1 shows how the contributions of individual workers will be allocated to different portfolios founded upon the various life stages of the members. Individuals in the diverse portfolio stages will be transferred to the subsequent portfolio in four quarterly groups a year prior to the next life stage to ensure that they are not discriminated against by the constant fluctuations in the investment sector. Moreover, we will use…

An Ideal Work Environment A work environment has an essential influence on employee morale, job fulfillment, and team drive. Employees should be treated like shareholders in a company or organization because they play a significant role in development and success. The outcome of the employees depends on how they are treated in an organization. An ideal work environment irrespective of the size of an organization should be one that encourages teamwork, enhances productivity using technology, offers employees a chance to challenge themselves professionally, has a positive culture, and promotes equity. There are various factors that can be considered in perfect work surroundings. According to the Maslow hierarchy of needs, self-esteem, and self- actualization are factors that significantly contribute to the performance of employees (Cherry 1). When organizations concentrate on the two elements, then employees’ motivation and productivity is likely to increase. An organization that offers a perfect work environment should have a strong vision and mission statement. Workers are motivated when they know the short and long term goals and strategies since they have an idea of what is expected…

Transmittal email. This paper aims at having a general analysis of a professional Journal article. I have achieved the needs of the paper by analyzing the content and style of the article. I have also been able to analyze the article using Michael Markel’s measure of excellence. Therefore by receiving this mail, you will receive a comprehensive analysis of a professional article. The analyzed article is a review of the capabilities of the modern virtual Reality Technology of low cost and how this technology has the potential to enhance the process of designing VR applications. You do not have to be a professional VR to understand the article as it is written in simple language for the broader community of consumers. The article’s analysis provides knowledge on the content and the style used to develop the article. The article is interesting as it provides comprehensive knowledge of virtual reality application and how the field is changing from an engineering perspective. The analyzed article is a review of the capabilities of the modern virtual Reality Technology of low cost and how…

Negotiation Plan   Regardless of the significant strides that the economic world makes in terms of better services and increased profits, business interactions are still not at par. Every organization has a task to create proper strategies that benefit all parties involved. Therefore, a negotiator plays a major role in business undertakings as he or she balances the odds of winning or losing among parties. This essay focuses on the negotiation process between a Human Resource Management Software (HRMS) company (Zoho Recruit), and a negotiator. It evaluates all the necessary steps a negotiator plays in ensuring a successful negotiation process in a business setting. HRMS are processes that liaison information technology services with human resource management to obtain effective organizational staff. Zoho Recruit is a HRMS tracking organization that provides diverse hiring solutions for corporate human resources, temporary workers, and staffing agencies (Zoho Recruit, 2020). Amidst a rapidly globalized economic industry, all organizations ought to have a software or technology that makes their hiring process easier and faster. Moreover, Zoho Recruit, and other companies alike provide services that help businesses…