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Case Study Of Intercontinental Hong Kong

Decent Essays

Resources:
Resources refer to the assets of a company and it can be separate as tangible, intangible resources and human resources.

Tangible resources:
Tangible resources can be defined as land, buildings, inventory, financial and information system.

Land and building:
The land of Intercontinental Hong Kong was bought by IHG form New World Development Company Limited (NWD) at 2001 (Sito, 2015). The original name of Intercontinental Hong Kong was The Regent Hong Kong and the ownership was NWD. NWD sold the hotel and the land to IHG with HKD 2.34 billion. So, IHG owns the land and the building of Intercontinental Hong Kong. The renovation work had beed taken before pass ten years. Yet, some guests complain arise recently like the poor condition of the water drainage, air-conditioning system and room amenities. So, to solve these problems comprehensively, the new renovation work is implementing and the expected finishing date is at 2019.

Rooms inventory:
The most vital element of Intercontinental Hong Kong is the room inventory. Intercontinental Hong Kong has 503 guest rooms, which including 87 suites like Presidential Suite, CEO Suite, Terrace Suite and Deluxe Suites. Total two-third of rooms have panoramic …show more content…

Distinctive competencies refer the company may differentiate the products and achieve lower costs over the competitors by using the firm-specific strengths (Snow & Hrebiniak, 1980). In IHG annual report (2016), it stress that their ‘Winning Model” which is strengthening their differentiated brands and delivering revenue to hotels through the lowest cost and direct channels. ICHK may use of her own resources to satisfy the guests with the distribution channel and enjoying the economies of scale of IHG group to work more cost effectively. These distinctive competencies support ICHK works efficiently and support her business model

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