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George NtimPresident
First Hospitality Group
Presentation to
The Ghana International Tourism
Investment Forum 2010
Ministry of Tourism Ghana Investment Promotion Centre
Overview
Current Challenges New Ideas Future Direction for the Tourism Industry
Current Challenges
Growth of the Industry Encourage Investments Lack of Branded Hotels Too Many Defaulted Loans Lack of Training and Quality Services Negative Press
New Ideas to Attract Investors
Business Plan and Executive Summary Site and Market Analysis Determine Hotel Type Acquire Brand Name Management vs.
Independent Operator Public/Private Partnership Continuous Marketing Campaigns
Future Direction
Maximizing Profitability Revenue Management Cost Containment Improving GSS E-Commerce Procurement Services
Future Direction
3rd Party Management Contracts The 5 Ws 5 Basics of Hospitality
Questions
Thank You