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Situation Turned bad , business is going down , economics are getting worse. What would be your decisions as a hotel manager to keep it going ?

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Question added by Sayed Fathy , Manager , 1 and 1 Travel
Date Posted: 2016/06/19
Emmanuel Wamweta
by Emmanuel Wamweta , production supervisor , Tembo Steel Rolling

There can be two options either shutting down the business or continuing with the business. You can decide to close down the business & save your money into your account or invest it in another profitabale venture. You can also choose to continue with business BUT effectively & efficiently review your recruitment activities, performance appraisal, policies & procedures, goals & objectives, business definition and business environment in order to come up with better strategic decisions & choices regarding your business future.

Thanx for the invitation

Eugene De Villiers
by Eugene De Villiers , Executive Lodge Manager , Kabul Lodge

As Manager with approval of owners will introduce special rates and packages to entice clients to keep on supporting ! We all know that overheads for any business can kill it and therefor a balance need to be kept with such decisions, in order not to perform below  cost, ! Sometimes staff reductions is needed but should be last resort. 

Ahmed Mohamed Ayesh Sarkhi
by Ahmed Mohamed Ayesh Sarkhi , Shared Services Supervisor , Saudi Musheera Co. Ltd.

Agree with expert ansewrs above

 

we need to change the strategy of our firm to get the goal, need to coordinate with superior staffs and change the way of presenting. it must be considered by customers, it must be different from others and make it practical..

ghazi Almahadeen
by ghazi Almahadeen , Project Facilitator , Jordan River Foundation

Thanks for the invite .................... downloads and discounts and advertisements

Vaiyapuri Gopalakrishnan
by Vaiyapuri Gopalakrishnan , Manager - After Sales , M/s Saud Bahwan Automotive llc

No point in doing business. If continuously trying to run the business. Loss will be increased. Better to shutdown the operation to minimize the loss.

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