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Executive Summary Fairmont hotels.

Extracts from this document...

Introduction

Executive Summary Fairmont hotels are a Toronto-Ontario based operator of luxury hotels and resorts.i It was founded in 1907 in the city of San Francisco by Tessie and Virginia fair; it has grown into one of the world's largest hotel chain.ii Fairmont hotels currently has hotels in fifteen countries including Canada, the United States, Mexico, Bermuda, Barbados, United Kingdom, Monaco, Germany, Switzerland, Egypt, Kenya, Tanzania, South Africa, the United Arab Emirates and Singapore.iii The current hotel market in Canada is very competitive with a variety of hotel chains including Hilton hotels, Ramada hotel, and Marriott hotel all competing for the tourist attention. There is no need to expand Fairmont hotels into Canada since all major cities including Vancouver, Montreal and Toronto. Fairmont hotels have chosen the United Arab Emirates to expand its hotel chain. The United Arab Emirates is a federation of seven states situated in the southeast of the Arabian Peninsula in Southwest Asia on the Persian Gulf, bordering Oman and Saudi Arabia. It has a warm and dry climate with a population of 5,432,746 as of 2008. It has a Gross Domestic Product of 170.280 billion. The United Arab Emirates is a very technologically advanced country with an advanced and top rated telecommunication system used throughout the whole country. Tourism in the United Arab Emirates is an essential industry that helps the country stay economically strong. The largest city in the United Arab Emirates is Dubai and is currently one of the world's top tourist attractions. There are many places visitors to either the capital Abu Dhabi or the popular Dubai can go to. These include the Mall of Emirates, the Dubai museum and the Palm Islands. The hotel industry in the United Arab Emirates is experiencing dynamic growth as large international chains establish luxurious hotels that are attracting more and more tourists from around the world.iv Innovative hotel designs and spectacular views are being created, attracting diverse architects and talents. ...read more.

Middle

Currently, there are nearly 150 5- and 4-star hotels located across the territory. Government and political factors to consider The Presidency and Premiership of the United Arab Emirates is de facto hereditary to the Al Nahyan clan of Abu Dhabi and the Al Maktoum clan of Dubai. The Supreme Council, consisting of the rulers of the seven emirates, also elects the Council of Ministers, while an appointed forty-member Federal National Council, drawn from all the emirates, reviews proposed laws. Legal Factors to Consider The United Arab Emirates Legal system is based on Sharia Law. is the body of Islamic religious law. The term means "way" or "path to the water source"; it is the legal framework within which the public and private aspects of life are regulated for those living in a legal system based on Islamic principles of jurisprudence and for Muslims living outside the domain. Sharia deals with many aspects of day-to-day life, including politics, economics, banking, business, contracts, family, sexuality, hygiene, and social issues. Except for Dubai and Ras Al Khaima who maintain their own judicial systems, the other Emirates have joined the Federal system. The Federal UAE courts, similar to the courts in most of the countries in the Area, are organised to form two main divisions civil and criminal and are also generally divided to three stages of litigation namely courts of First Instance, Appeal and the Federal Supreme Court (colloquially referred to as Court of Cassation). The jurisdiction of the third division, namely the Shariah courts, which initially was to review matters of personal status, was expanded in certain Emirates such as Abu Dhabi to include serious criminal cases, labour and other commercial matters. Important cases with a security aspect are referred to special courts. Economic Factors to Consider The United Arab Emirates has one of the fastest growing economies in the world. The United Arab Emirates (UAE) ...read more.

Conclusion

17 Dec. 2008 <http://www.euromonitor.com/Booming_hotel_industry_in_the_UAE vi "Booming hotel industry in the UAE > Euromonitor archive." Euromonitor International: Global market research on industries, countries and consumers. 17 Dec. 2008 <http://www.euromonitor.com/Booming_hotel_industry_in_the_UAE vii "Fairmont Hotels and Resorts - Wikipedia, the free encyclopedia." Wikipedia, the free encyclopedia. 17 Dec. 2008 <http://en.wikipedia.org/wiki/Fairmont_Hotels_and_Resorts>. viii "Fairmont Hotels and Resorts - Wikipedia, the free encyclopedia." Wikipedia, the free encyclopedia. 17 Dec. 2008 <http://en.wikipedia.org/wiki/Fairmont_Hotels_and_Resorts>. ix "NEB - News Releases 2008 - National Energy Board named one of Canada's Top 100 Employers." National Energy Board Site | Site de l'Office national de l'´┐Żnergie. 17 Dec. 2008 <http://www.neb.gc.ca/clf-nsi/rthnb/nwsrls/2008/nwsrls33-eng.html>. x "Global Hospitality Newsletter Archives | ehotelier.com." Global Hotelier's Community | Hospitality Industry News | ehotelier.com. 17 Dec. 2008 <http://ehotelier.com/browse/news_month.php?id=A20051111>. xi "Global Hospitality Newsletter Archives | ehotelier.com." Global Hotelier's Community | Hospitality Industry News | ehotelier.com. 17 Dec. 2008 <http://ehotelier.com/browse/news_month.php?id=A20051111>. xii "Global Hospitality Newsletter Archives | ehotelier.com." Global Hotelier's Community | Hospitality Industry News | ehotelier.com. 17 Dec. 2008 <http://ehotelier.com/browse/news_month.php?id=A20051111>. xiii "Global Hospitality Newsletter Archives | ehotelier.com." Global Hotelier's Community | Hospitality Industry News | ehotelier.com. 17 Dec. 2008 <http://ehotelier.com/browse/news_month.php?id=A20051111>. xiv "Economy of the United Arab Emirates - Wikipedia, the free encyclopedia." Wikipedia, the free encyclopedia. 17 Dec. 2008 <http://en.wikipedia.org/wiki/Economy_of_the_United_Arab_E xv "UAE Transportation." UAE Links, United Arab Emirates, Dubai, Abu Dhabi. 17 Dec. 2008 <http://www.uaelinks.com/dir/uae-transportation>. xvi "UAE Transportation." UAE Links, United Arab Emirates, Dubai, Abu Dhabi. 17 Dec. 2008 <http://www.uaelinks.com/dir/uae-transportation>. xvii "UAE Transportation." UAE Links, United Arab Emirates, Dubai, Abu Dhabi. 17 Dec. 2008 <http://www.uaelinks.com/dir/uae-transportation>. xviii "UAE Transportation." UAE Links, United Arab Emirates, Dubai, Abu Dhabi. 17 Dec. 2008 <http://www.uaelinks.com/dir/uae-transportation>. xix "UAE Transportation." UAE Links, United Arab Emirates, Dubai, Abu Dhabi. 17 Dec. 2008 <http://www.uaelinks.com/dir/uae-transportation>. xx "UAE Transportation." UAE Links, United Arab Emirates, Dubai, Abu Dhabi. 17 Dec. 2008 <http://www.uaelinks.com/dir/uae-transportation>. xxi Chon, Kaye Sung, and Lawrence Yu. The International Hospitality Business: Management and Operations. New York: Routledge, 1999. xxii Chon, Kaye Sung, and Lawrence Yu. The International Hospitality Business: Management and Operations. New York: Routledge, 1999. xxiii "Booming hotel industry in the UAE > Euromonitor archive." Euromonitor International: Global market research on industries, countries and consumers. 17 Dec. 2008 <http://www.euromonitor.com/Booming_hotel_industry_in_the_UAE>. ?? ?? ?? ?? ...read more.

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