Loading...

Messages

Proposals

Stuck in your homework and missing deadline? Get urgent help in $10/Page with 24 hours deadline

Get Urgent Writing Help In Your Essays, Assignments, Homeworks, Dissertation, Thesis Or Coursework & Achieve A+ Grades.

Privacy Guaranteed - 100% Plagiarism Free Writing - Free Turnitin Report - Professional And Experienced Writers - 24/7 Online Support

Four seasons organizational chart

05/01/2021 Client: saad24vbs Deadline: 12 Hours

Executive Summary


Strategy


Four Seasons generally operates as a hotel management company, although it includes fractional ownership in its Residence Clubs and earns most its income through its management operations as of 2005 (Four Seasons, 2005). The Four Seasons’ mission statement reflects its core values as offering exceptional experience as a “premier luxury hospitality company” while implementing strong financial planning and ethical treatment of their guests, customers, employees, and other stakeholders (Four Seasons Holding Inc, n.d.). While the company maintains properties in both urban and rural locales, the Langkawi, Malaysia resort is located on a picturesque archipelago surrounded by numerous historical, cultural, and natural attractions while providing seclusion for its guests. From 2000 to 2003, there was a global depression in tourism due to world health and political instability across the globe (Four Seasons, 2005). The company also had acquired long-standing management contracts with the Regent hotels and was managing its Kuala Lumpur property in 2005 (Four Seasons, 2005). When the resort opened in 2005, it was still publicly traded, although both Bill Gates and Prince Walid bin Talal’s Kingdom Holding Company were major shareholders at the time (Segal, 2009).


The company’s overall entry strategy includes accepting capital investments only to retrieve “long-term management contracts in key destinations” (Four Seasons, 2005, p. 15). As stated by the company, “Owners of properties that we manage are contractually responsible for funding the capital requirements of the properties, including guest room and common area renovations, and for maintaining capital reserves to fund ongoing annual maintenance capital expenditures required by the management agreements” (Four Seasons, 2005, p. 16). The company initially entered Malaysia with its contract with the Regent hotel in Kuala Lumpur. While this hotel is no longer listed on its website, it served as its initial entry to the country. Overall, its entry strategy and continued business in the country is both in keeping with its typical practices and delivers the advantages of a non-equity strategic allowance that allowed the company to gain experience in managing properties within the country.


Four Seasons does face steep competition for luxury hotels based in exotic locations in Malaysia. The Datai Langkawi is offered in the same area, with similar options (The Datai Langkawi, n.d.). There is also the Guyana Eco Resort in Borneo that offers picturesque packages to explore marine life and surrounding landscape (Guyana Eco Resort, n.d.). These options may not carry the name recognition of the Four Seasons brand, but both offer attractive packages at a fraction of the cost when searching booking websites.


Structure


Four Seasons Hotels Ltd. Organizational Chart


Four Seasons Hotels utilizes a relatively flat organizational structure for its management team. The advantages of this system for this multinational hotel giant are that it allows them to strategically manage each of the sectors of their operations with a direct president of vice president, based on geographical region or by overall function. Each region: Americas, Europe/Africa/Middle East, and Asia Pacific has different challenges whether politically or economically, so by having a head of every area in which the company operates, it allows them autonomy to operate as a “mini-CEO” in some regards. There are fewer lines of management that can clutter the message or delay construction of properties and relationships with their partners. Four Seasons is also able to have one dedicated expert, the respective Presidents of Continental Hotel Operations, who is responsible for their own team of financial analysts, marketing staff, and hospitality consultants. As the company grows its property portfolio in each region they can also expand their staff under each of the regional presidents. Four Seasons Hotels has a long-term strategic focus on promoting their senior managers from within the ranks of the company and fostering growth internally (Four Seasons Press Room, 2016). Compared to other organizational structures, the flat organizational chart allows for greater adaptability and efficiency, eliminating “two manager” scenarios and also encouraging independence of managers. This structure helps prepare the future leaders of the company, as their policy is to promote from within, rather than seek external senior leadership, whenever possible.


Management


Four Seasons Hotels Ltd. is a Canadian-based international hotel chain with over 101 Four Seasons properties along around the world, with revenues upwards of $4 billion annually. The company has had some management issues in the past, particularly during the economic downturn that began in 2008, which led to them to sell majority of their ownership to ????. The founder, Isadore Sharpe, opened his first hotel in 1961 (Executive Leadership, 2013). One issue to mull for the Four Seasons brand is that while the company has a large international presence, they are not a publicly owned entity and are privately held; this may restrict their financing options. “The company is in a disadvantageous position as compared to publicly-held companies in terms of raising capital. Publicly-held corporations have a greater financial flexibility in funding organic and inorganic initiatives” (Four Seasons Hotels Inc. SWOT Analysis, 2015). The company also has several threats in the form of other major hotel players (Hilton, Marriot, Starwood, etc.) who are also operating in dozens of countries and tourist destinations such as Malaysia. “Although Four Seasons is a broadly recognized status symbol within the hotel community, other hotels may hold even higher status for niche segments” (Catrett and Lynn, p. 6, 1999). The company does retain control of its brand and does not license or franchise their name out to other builders interested, so in that capacity the management of any new properties is tightly controlled, as well as the hiring and control over who works and leads the property ( Eng, 2016). However, the company’s typical deal structure with builders and developers is such that Four Seasons does not actually own the building, “[Four Seasons] operates them on behalf of real estate owners and developers… Four Seasons participates in the design of the property and runs it, with nearly total control over every aspect of the operation, from the number of bell staff to the thread count of the sheets” (Segal, para. 5, 2009). While the company does not have the size or scale of its chief competitors, it is able to take between 3-5% of all profits from its nearly 100 properties. Additionally, the principal owners of each property are responsible for the upkeep and must fund reserves to cover emergency expenses. The company maintains strict control over operations, and the brand has enough leverage to dictate processes and ensure there is consistency across all of their buildings, as one real estate developer stated: “They train your employees, book your bookings, they do everything. They make it clear that it is in your best interest to not oppose their plans” (Segal, para. 13, 2009). Four Seasons does not have subsidiaries or mid-level hotel brands under their umbrella; however they exercise precise control to create the best experience for their guests, no matter which property they inhabit.

Homework is Completed By:

Writer Writer Name Amount Client Comments & Rating
Instant Homework Helper

ONLINE

Instant Homework Helper

$36

She helped me in last minute in a very reasonable price. She is a lifesaver, I got A+ grade in my homework, I will surely hire her again for my next assignments, Thumbs Up!

Order & Get This Solution Within 3 Hours in $25/Page

Custom Original Solution And Get A+ Grades

  • 100% Plagiarism Free
  • Proper APA/MLA/Harvard Referencing
  • Delivery in 3 Hours After Placing Order
  • Free Turnitin Report
  • Unlimited Revisions
  • Privacy Guaranteed

Order & Get This Solution Within 6 Hours in $20/Page

Custom Original Solution And Get A+ Grades

  • 100% Plagiarism Free
  • Proper APA/MLA/Harvard Referencing
  • Delivery in 6 Hours After Placing Order
  • Free Turnitin Report
  • Unlimited Revisions
  • Privacy Guaranteed

Order & Get This Solution Within 12 Hours in $15/Page

Custom Original Solution And Get A+ Grades

  • 100% Plagiarism Free
  • Proper APA/MLA/Harvard Referencing
  • Delivery in 12 Hours After Placing Order
  • Free Turnitin Report
  • Unlimited Revisions
  • Privacy Guaranteed

6 writers have sent their proposals to do this homework:

University Coursework Help
Top Essay Tutor
Helping Hand
Writer Writer Name Offer Chat
University Coursework Help

ONLINE

University Coursework Help

Hi dear, I am ready to do your homework in a reasonable price.

$77 Chat With Writer
Top Essay Tutor

ONLINE

Top Essay Tutor

I have more than 12 years of experience in managing online classes, exams, and quizzes on different websites like; Connect, McGraw-Hill, and Blackboard. I always provide a guarantee to my clients for their grades.

$80 Chat With Writer
Helping Hand

ONLINE

Helping Hand

I am an Academic writer with 10 years of experience. As an Academic writer, my aim is to generate unique content without Plagiarism as per the client’s requirements.

$75 Chat With Writer

Let our expert academic writers to help you in achieving a+ grades in your homework, assignment, quiz or exam.

Similar Homework Questions

Utech electrical engineering requirements - Eleco ltd slot machine manual - Staircase equipment company uses a job order cost system - Underarm sweat pads priceline - Angelo tsarouchas evil eye - Triangle median altitude perpendicular bisector - Why vampires never die essay - Practical Connection - Love and respect couple - QUALITATIVE Journal peer-reviewed, Topic - BUSINESS - A description of the health policy you selected and a brief background for the problem or issue being addressed. Explain whether you believe there is an evidence base to support the proposed policy and explain why. Be specific and provide examples. - Bermondsey st mary magdalen - Ted talk rhetorical analysis - Biomes of north america worksheet - Venturi meter experiment readings - Children's product certificate template - Strategic discipleship - Bird aviary plans pdf - 33 of 34 567 - Starry night edvard munch analysis - Plastic parts produced by an injection molding operation are checked - Schizophrenia soap note - Rogers products uses a periodic inventory system - Victorian cross curriculum priorities - Atkins physical chemistry 10th edition solution - What is 4dx methodology - Australian unity mortgage fund - Van der waals equation of state calculator - Develop a network drawing for hill construction - What is psychosocial integrity - Analaysis - Lexisnexis paralegal certificate of mastery - Cvt pulley pressure control valve - Servant leadership ethics and entrepreneurism - American history connecting with the past mcgraw hill - Specific excess power equation - I NEED HELP ON QUALITY CONTROL PROJECT! - Benchmark:Leveraging Human Capital - Business and society ethics and stakeholder management 15th edition - Enter a formula that references the value in cell f10 - Oswego case study answers - How to prepare a statement of retained earnings - Exp 105 week 3 discussion 1 - One page assignment - Is dream an abstract noun - What is first angle projection in engineering drawing - Thesis statement for the great gatsby american dream - Can movies teach history by harvey h jackson - Week 5 Assignment: Essay 5 Organizational Behavior - Dyes and dyeing organic chemistry lab report - Eric foner give me liberty volume 2 pdf - Discussion 5 - Kfc strengths and weaknesses 2018 - Inflectional and derivational morphemes exercises - MOS 5101 Case Study Due today by 1000pm CST plagiarism free - Tesla motors internal analysis - Evidence for evolution includes all of the following except - Testout security pro certification exam answers - Theme 3 lesson 9 banking basics exercise 9.1 answers - Human Resource - Exploring creation with physical science module 3 study guide answers - Preparing for value based payment five essential skills for success - Gelds 48-60 - Review Case Study and Create an accurate list of diagnosis related to the pathophysiology signs and symptoms of the patient. - Jeff daniels the newsroom america is not the greatest - The vehicle electrical system consists primarily of - Bosch fr 7 dc+ - Oz talk home bundle add-on - Hotel management system project documentation doc - Financial accounting chapter 10 quiz - Mha/ 516 DQ - Who can complete this by 8 tonight - Ikea challenges in india - A manager of an investment center can improve roi by - Basic electrical knowledge test - Post 1 - Alison barr greenwich ct - University of guelph library study rooms - Carbonic acid and potassium hydroxide net ionic equation - Uj kingsway campus map - Microeconomics true or false questions - Market Plan - From fly girls to bitches and hos - Two paths diverged from the main road answers com - In formulating hypotheses for a statistical - Byron bay chilli sauce coles - Civil constitution of the clergy - How is recidivism measured - Which describes harmony in renaissance music? - Iwasaki yataro letter to mitsubishi employees - Meta commentary phrases - Password Polices and Authentication Methods - Bus 499 business administration capstone exam - Chlorination of alkanes can produce a multitude - 10 to the power of 4 - A global organization with a multinational - 2-3 Page paper / all questions must be answered! - Tree of life interview questions - Types of ratios with formulas - Sample informative speech outline