Majestica Hotel in Shanghai? Majestica Hotel in Shanghai?

Majestica Hotel in Shanghai‪?‬

9B05M035

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Publisher Description

Majestica Hotels Inc., a leading European operator of luxury hotels, was trying to reach an agreement with Commercial Properties of Shanghai regarding the management contract for a new hotel in Shanghai. A series of issues require resolution for the deal to proceed, including length of contract term, name, staffing and many other control issues. Majestica was reluctant to make further concessions for fear that doing so might jeopardize its service culture, arguably the key success factor in this industry. At issue was whether Majestica should adopt a contingency approach and relax its operating philosophy, or stick to its principles, even if it meant not entering a lucrative market.

GENRE
Business & Personal Finance
RELEASED
2005
April 11
LANGUAGE
EN
English
LENGTH
14
Pages
PUBLISHER
Richard Ivey School of Business Foundation
SELLER
Ivey Business School Foundation
SIZE
1.1
MB
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