Strategic Management In The Hospitality Industry(3rd Edition)
Authors:
Michael D Olsen, Joseph J West


Cover Type: Hardcover
Condition: Used/New
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Book details
ISBN: 129202741X, 978-1292027418
Book publisher: Pearson
Book Price $0 : ‘Strategic Management in the Hospitality Industry’ by Michael D. Olsen and Joseph J. West is an essential resource for understanding the intricate processes of strategic management tailored to the unique characteristics of the hospitality industry. This third edition explores a range of critical concepts, including competitive advantage, strategic formulation, and the application of SWOT analysis specifically within hospitality contexts. The book highlights the importance of understanding both macroeconomic elements and customer-focused strategies, offering a comprehensive table of contents that guides learners across diverse strategic areas. It discusses real-world examples to elucidate strategic management frameworks, aligning industry best practices with case studies. The book provides a 'solution manual' as a practical resource, allowing students to apply theoretical knowledge through exercises designed to provide an 'answer key' to real-world challenges. Key themes include the analysis of the external environment, strategic choices, and performance analysis in hospitality, providing a robust platform for professionals to enhance decision-making skills and achieve competitive positioning. This edition has been praised for its accessible writing and practical applications, making it a valuable asset for both educators and industry practitioners. Concurrently, it places a strong emphasis on the role of innovation and sustainable practices as dynamic elements of contemporary hospitality strategy. Providing a cheap yet effective way to boost understanding, this book is great for student success.
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Jessica Ramirez
June 15, 2023
( 5 )
Outstanding book for hospitality professionals
"This book is a gem for anyone in the hospitality management field. The author does an excellent job of blending theory with real-world applications, which makes the content very relatable. The case studies included are particularly informative and help illustrate key concepts effectively. It arrived quickly and was well-packaged. Highly recommended for both students and seasoned professionals!"
Mark Thompson
September 1, 2023
( 5 )
Highly recommended for strategic insights
"Strategic Management In The Hospitality Industry offers an in-depth look into the world of hotel management with practical examples. The third edition seems to be updated with the most recent trends and practices. Plus, it was a great deal too as I got an extra discount thanks to my membership. Delivered swiftly and no complaints here! A top-notch resource for everyone aiming to excel in hospitality."
Laura Chen
July 22, 2023
( 4 )
Good balance of theory and practice
"Overall, this text offers a solid foundation in strategic management tailored for the hospitality sector. The theories are well explained and the practical applications provided throughout the chapters bridge the gap between academics and industry quite nicely. It might not cover everything in immense depth, but it gets the essentials right. The delivery was prompt and the book was in perfect condition upon arrival."
Robert Lewis
August 10, 2023
( 4 )
Very helpful guide with clear explanations
"I find this book to be very informative with lucid explanations of strategic management principles as applied to hospitality. Some sections could be a bit more detailed, but for those starting out or seeking to brush up on the basics, it is quite good. My package came just in time and with my loyalty program, I saved a few bucks. Overall, it’s a valuable addition to my bookshelf."
Amelia Peterson
October 5, 2023
( 3 )
Decent introduction, room for more depth
"The book is a decent overview but could benefit from more detailed case studies. Arrived faster than expected."