The US Hotel and lodging industry, according to forecasts from Standard and Poor’s has been characterized by overcapacity with about 48 million rooms, approximately one room for every 64 US citizens. The macro environment has been understood to be characterized by a cyclical trend with ups and downs in the recent years. The financial crisis of 2007/2008 seems to have hit the industry very hard as all indications point at a downward trend in the forth coming years.
High levels of unemployment, fore closures and declined business and travel characterized this period, leading to the lowest occupancy levels since ...
ADR Case Studies Samples For Students
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Introduction
Litigation is a process of dispute resolution that is considered to be cumbersome and very expensive. It involves going through the courts and this process is usually tedious especially because courts have several pending cases to handle. In this regard, many institutions find it preferable to make use of other Alternative Dispute Resolution systems (ADRs) which tend to be less time consuming and even less tedious.
1 A. The systems of alternative dispute resolution other that can be used by the employer other than that of litigation are such as that of mediation, that of arbitration and minitrials. These ...
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