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 HONG KONG HOTELS  #1

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B P International Hong Kong
Located close to the airport, The B P International Hong Kong lies in the heart of Kowloon. A short distance to some of the city's most fascinating street markets and nightlife activities, the hotel is also close to the commercial offices and shopping centres. Guests can also stroll through the neighbouring Kowloon Park ...

Bishop Lei International House Hong Kong
The Bishop Lei International House is ideally located in the deluxe residential area in the Mid-Levels of the Hong Kong island. The Central District, where the commercial activities are located, is only a few minutes away by car. The area is also easily accessible via the Mid-Levels Escalator, one of the many ...

Booth Lodge Hong Kong
Booth Lodge is centrally located in the Kowloon Peninsula, famous for shopping, business and entertainment. It is also in easy reach of Hong Kong International Airport. Booth Lodge is well served by public transport: just a few minutes walk away is the MTR subway system, and The Kowloon Canton Railway ...

Central Park Hotel Hong Kong
Central Park Hotel is situated in the heart of the financial and commercial centre of Hong Kong. Discover the city easily, thanks to the efficient public transportation network nearby, including the MTR- Sheung Wan station, tram, ferry terminals or public bus. In the evenings, stroll along Hollywood Road ...

Charterhouse Hong Kong (The)
The Charterhouse Hotel is a beautiful boutique hotel conveniently located between Wan Chai and Causeway, Hong Kong's most dynamic business and entertainment areas. It is 5 minutes walking distance from The Times Square and MTR subway station. The Hong Kong Convention and Exhibition Centre is ...

Cheung Chau Warwick Hotel
Located on the Cheung Chau Island of Hong Kong, the Cheung Chau Warwick Hotel boasts breathtaking views of the dazzling beach and the serene nature. A five-minute walking distance from Cheung Chau ferry pier and 30 minutes ferry ride to central business district makes the Hotel a convenient location ...

City Garden Hotel Hong Kong
The City Garden Hotel is located at the edge of the Causeway Bay district called North Point. It is a vibrant area, one of Hong Kong's busiest shopping, entertainment and business areas. The hotel is only minutes away from various places of interest such as Victoria Park, Wan Chai and Causeway Bay are ...

Concourse Hotel Hong Kong
The Concourse Hotel is conveniently located in Mongkok, the city centre of Hong Kong. Ladies' Market and Fa Yuen Street as well as other tourist attractions such as the Aquarium Market, Bird Garden and Flower Market are within walking distance from the hotel. Access to most parts of the territory ...


Cosco Hotel Hong Kong
Cosco Hotel is located in the beautiful Hong Kong Island with a captivating sea view and picturesque mountains behind. It is an ideal place for both businessmen and tourists alike. The hotel is well connected by various modes of transport. Each of the rooms is well decorated with modern facilities ...

Cosmopolitan Hotel Hong Kong
The Cosmopolitan Hotel is endowed with a unique location amid the shopping and entertainment district of Causeway Bay and the commercial district of Wan Chai on Hong Kong Island. The hotel is easily accessible from all major landmarks and transports, with Times Square mega shopping mall and Causeway Bay Station ...

Dorsett Olympic Hotel Hong Kong
Dorsett Olympic Hotel is situated in one of Kowloon's new booming city, Tai Kok Tsui. The hotel is just a stroll away from the Hong Kong's bustling commercial, shopping and entertainment district, MongKok. Each of 141 guest rooms is tastefully designed and decorated with comfort and convenience ...

Dorsett Seaview Hotel Hong Kong
The Dorsett Seaview Hotel Hong Kong is situated next to Nathan Road, Hong Kong's bustling commercial, shopping and entertainment district. Being in the heart of the city, the hotel is just 15 minutes to the vibrant district of Tsim Sha Tsui and a step away from the Yaumatei Station of Mass Transit Railway ...

Eaton Hotel Hong Kong
Eaton Hotel Hong Kong is conveniently located on Nathan Road, in the heart of Kowloon, close to shopping centres and the comercial district. Public transport is right outside the door, with an MTR station nearby. The Hong Kong convention and Exhibition Centre Convention Centre is 8 km from the hotel ...

Empire Hotel Hong Kong (The)
The Empire Hotel is situated in the heart of business district in Wanchai as well as within walking distance from shopping area of Central, Admiralty and Causeway Bay. From comfortable furnishing to the latest in hi-tech facilities, no detail has been ...

Empire Hotel Kowloon Hong Kong (The)
The Empire Hotel Kowloon is known across the borders of Hong Kong as the most trendy and metropolitan style of hotel and restaurants in town. Situated in the heart of Tsim Sha Tsui, The Empire Hotel Kowloon is only five-minute walk away from MTR and KCR stations as well as the prime TST commercial ...

Evergreen Hotel Hong Kong
The Evergreen Hotel is situated in the heart of both the entertainment and commercial business district of Yaumatei, Kowloon. This superb location puts you at the nucleus of all public transportation - taxis, underground subways and buses. Night market and Jade market are within walking distance ...

Excelsior Hotel Hong Kong (The)
Located in Causeway Bay, directly across from the legendary Noon Day Gun, in the heart of Hong Kong's shopping, dining and entertainment district, The Excelsior is ideally situated for all of Hong Kong Island's tourist attractions, and only a few minutes from the central business district. The Excelsior ...

Gardenview International House (YWCA) Hong Kong
Sharing the greenery environment of Botanical Garden and a few steps down the road from Peak Tram Station, is the Garden View International House, a superior class hotel situated only minutes from Central, Hong Kong's financial and shopping district. The hotel features 133 guest rooms ...

Gold Coast Hotel Hong Kong
Gold Coast Hotel is luxurious paradise resort set in ten acres of beautifully landscaped gardens on the South China Sea. Extensive recreational facilities of the landscaped tropical garden can be enjoyed at the hotel. The hotel offers panoramic sea views from all of its 450 spacious guest rooms ...

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Ephesus Guide
Online Reservation for Ephesus tours and Ephesus Hotels. Ephesus / TURKEY

A travel agency that wants to survive the demands of the present and future business environment can no longer simply be an outlet for distribution, or a friendly neighborhood business. Agencies that are now looking toward the future with optimism are those that have structured a business rather than a distribution outlet. This article is intended to reach those agency owners and managers who have a fairly sizable volume, have established good business relationships with corporations, and are seriously concerned about their future well-being. I hope to touch on a few areas that are of concern, giving some insight into areas that you may or may not have already targeted as vital to survival. Remember, sometimes it is the obvious that escapes us, so don't believe that the simplicity of some of these areas is unintentional. The key to survival is overall profitability, but there are some subtle areas that affect whether or not you are profitable.

Profitability

A travel agency is a rather unique business when looked at from a profitability standpoint. It is perhaps the only retail industry that has a little or no control over its retail pricing structure. Although alternative pricing exists, it is not an effective means for the average agency to gain and/or maintain profitability. Thus, it is vital to make a careful analysis of your costs and your income.

Have you taken the time to analyze productivity; the average per transaction cost compared to the average per ticket/transaction fee revenues received? What about individual productivity? Do you have fair, firm, viable, and enforceable expectations of what your salaried employees must produce? Is your payroll in line with your business volume?

If you were asked to state by how much you wanted to increase your volume in 2012, you most probably would have a ready response. But, have you thought through what measures you will need to take to increase your volume? If you plan to increase your market share, you must keep a constantly growing and evolving prospect list and then follow-up with sales-related meetings and presentations. It will be necessary to generate new volume in order to increase profitability or in some cases just to maintain it. It is of utmost importance that your organization has a firm and tried sales and marketing strategy.

Set a goal, focus on it, and develop a plan. Measure yourself by setting 90-, 180-, 270-, and 360-day goals. Evaluate your progress along the way and give rewards to yourself and those who have helped you to reach those goals.

Another area that affects profitability is your overhead. Use the same common sense you do at home when it comes to improvement of your physical environment. There seems to be a tendency, lately, to go a bit overboard with these things, thus dramatically increasing capital costs, and depleting resources for potential investment in other areas.

Employees

Have you ever heard someone say that a company is only as "good" as its employees? The ability to attract and keep a good, solid, knowledgeable, mature staff is of great importance. State-of-the-art computerization in your office has little value without the people in place to make your operation profitable.

As the fierceness of competition in today's agency marketplace increases, it will become more and more difficult to locate and retain the top-of-the line employees. Look for employees with a good deal of experience, or lacking that, a drive for success that can be channeled under your good management and leadership. You must begin to look toward the future and develop an employee plan that will maintain the consistency that area of the industry has lacked for a long time. Consistency in your employee ranks will greatly favor your operation. Your clients will be able to have the same friendly voices to relate to, and will not question your stability because of heavy turnover (which is also extremely costly to your bottom line).

Find out how competitive your total compensation package is. Develop "real" incentives that have goals and measures by which an employee receives rewards. Make sure the rewards have substance to them. You may even wish to develop a plan by which your employees could develop equity in your firm.