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Topic: Business
Number of pages / Number of words: 9 / 2355
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Entry into the hotel industry is difficult because it is very expensive and competitive. There are no new threats to Hilton.

Bargaining Power of Buyers. Hilton caters to a wide variety of people. Their hotels range from top of the line luxury hotels to their more affordable Inns. Therefore, customers can choose from a wide variety of options...


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Summary. The profitability of the company within the industry depends on efficient operations and good marketing. Larger companies have economies of scales and strong name recognition. Smaller companies must rely on favorable locations and specialty services...


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