European and Polish hospitality in the times of economic crisis Cover Image

Europejskie i polskie hotelarstwo w dobie kryzysu europejskiego
European and Polish hospitality in the times of economic crisis

Author(s): Katarzyna Szydłowska
Subject(s): Economy
Published by: Wydawnictwo Uniwersytetu Ekonomicznego we Wrocławiu
Keywords: hospitality; recession; crisis; co-branding; personalization

Summary/Abstract: The paper tries to assess the actions of European and Polish hospitality business in the times of economic slowdown. The article bases on the discussion referrig to the economic conditions of hospitality business during the recession caused by the crisis on the American subprime market and European debt crisis. The aim of the work is to show tactics, methods and ways which managers of hotels used to counteract the results of economic slowdown influencing clients’ expenses and their financial decisions. Apart from discussing these techniques (co-branding, personalization, loyalty programs) the author also discussed the actions which in retrospect turned out to be wrong decisions of managers (for example lowering the prices at the expense of retrenchment on guests’ satisfaction or branding). The conclusions are an attempt of assessment of actions of European and Polish hoteliers taken at the time of recession.

  • Issue Year: 2013
  • Issue No: 16
  • Page Range: 119-132
  • Page Count: 14
  • Language: Polish