International terrorism, fluctuations in exchange rates, changing visa situations and global warming among other things have changed the face of global tourism and affected international hospitality...

Assignment 34907
Contents
1.0 Introduction    2
1.1 Background of Company    2
2.0 Cause of Problem    3
2.1 Internal factors    3
2.2 External factors    3
3.0 Change process for Manager & Employee    4
3.1 Recommendation for managers & employees    5
3.2 Recommendation for similar companies    5
4.0 References    6
1.0 Introduction
I have chosen one of the most poignant problem that is faced by of tourism and hospitality industry all across the world. Terrorism is no more a national concern rather it’s a global problem. Terrorism generates fear in the people such that they avoid places that are most susceptible to danger of terrorism. Taking reference from “The Impact of Terrorist Bombings on the Market Values of Hospitality and Tourism Enterprises: GLOBAL Evidence from Turkey, Spain and Indonesia”, (Francis A., 2010) looking back at the incidents that have occurred in last two decades where terrorists have unleashed terror on people. International attacks in countries like Egypt, London, India, Australia and USA have tremendously affected tourism industry that have resulted in loss of million dollars in the revenue to the global tourism and hospitality industry. By the virtue of this assignment, I have done an extensive research and analysis how terrorism impacts the hospitality and tourism industry. Furthermore, aftermath of this problem on the travel and tourism industry can be enormous. Not only problem of terrorism impacts the economy can lead to unemployment, render homelessness, also bring deflation but also brings out colossal damage to other social ills. There is no denying to fact that endowments of tourism are huge on hospitality and tourism sector. Taking reference from “Economic consequences of terrorism” (Lenain, P., Bonturi, M., & Koen, V., 2002) the repercussions of terrorism on the such industry are devastating that negatively impact not only internal but also external tourism and hospitality sectors. There are many ways of classifying events of terrorism that are fundamental based on location with respect of geographic, type of target and nature of attack.
1.1 Background of Company
Taking reference from “Tourism, Crime and National Security Issues”, (Pizam, A., & Mansfield, Y (eds.)., 1996) one of the most prestigious and premium luxury hotels in the heart of country India is Taj Mahal Palace. Located in Colaba present in Mumbai adjacent to the Gateway of India. This entire luxury hotel is considered as the flagship of combination of rooms and suites, 560 rooms to be precise and 44 suites. The entire resort is assisted approximately 1600 staff that includes butlers. It has been a long time since ten young fellows raged into the money related capital of the nation with the sole point of destroying it profoundly — for three back to back days, the city of Mumbai was enveloped by the hold of fear; a long time since Mumbai was pushed down to the brink of collapse. Taking reference from “Bombay terror attacks: Why the Taj Mahal Hotel”, (Foster, P., Nov, 2008) was chosen Up until November 2008, dread was related with the dread that vexed the life of the regular man or those disastrous, possessing the questioned fringes of the nation. Out of the blue, the rise of solace that shielded the propertied and tip top in India was broken. It was additionally the first run through when outsiders in the nation were the objective of an assault, changing a household disaster into one that wound up having noteworthy global repercussions. In any case, the biggest criticalness of 26/11 lay in the effect that it had on open feeling. At no other time had a fear monger assault offered ascend to open discussion of the...