Describe the current situation of the case

Assignment Help Business Management
Reference no: EM132839445

Financial assistance urged for hotel workers MANILA, Philippines - The Hotel and Sales Marketing Association (HSMA) is urging the government to provide financial assistance to hotel workers on forced leave due to the implementation of community quarantine in Metro Manila amid the coronavirus disease 2019 or COVID-19 pandemic. In a text message to The STAR, HSMA president Christine Ibaretta said a financial assistance from the Department of Labor and Employment (DOLE) is among the measures that could help ease the impact of the community quarantine on the hotel market.

"Similar scheme when Boracay was closed for six months. DOLE gave P4,000 per month for six months," Ibaretta said. The labor department earlier provided financial assistance to 17,735 workers displaced by the Boracay closure in 2018 amounting to P4,205.50 per month, which is 50 percent of daily minimum wage in Western Visayas.

Metro Manila is under a month-long quarantine until April 14, which calls for the suspension of land, air and sea travel to and from Metro. As of this writing, there are 111 confirmed COVID-19 cases in the Philippines, according to the Department of Health (DOH). Ibaretta said hotel sales and marketing have already been affected by the COVID-19 pandemic, with hotel occupancy now at 36 to 49 percent from 75 to 98 percent in the past.

"Clients do not accept our sales calls," Ibaretta said adding that this has resulted in four-day workweeks, work from home schemes and the use of sick leaves and vacation leaves by employees. "Room rates of the properties were likewise as low as 75 percent off the rack," Ibaretta said.

The Department of Tourism (DOT), along with other tourism stakeholders, including hotels agreed earlier to offer discounted rates for hotels, airfare and tour packages to promote domestic tourism amid the COVID-19 outbreak. Apart from the financial assistance for workers, Ibaretta cited tax holidays, financial assistance to low income earners as well as an extension of flexibility on loan amortization for all by banks as among other measures that could help ease the impact of the Metro Manila quarantine on the hotel industry.

Tourism Congress of the Philippines (TCP) president Jose Clemente told The STAR earlier that they would ask for additional financial rescue packages from the government as the tourism industry is probably the hardest hit sector.

"We will collapse without that," he said. Clemente said this would be added to the group's initial wishlist to the government. The wishlist was presented during the meeting of the Tourism Coordinating Council (TCC).

The DOT earlier allocated P6 billion to help mitigate the economic impact of the COVID-19 pandemic. Of the fund, P725 million will be allocated for tactical programs, conducting and participation of international events and market development initiatives worldwide.

"For our direct support to the private sector, the DOT will waive the participation fees for international travel and trade fairs from Feb. 17 to June 30, amounting to P11.2 million," Tourism Secretary Bernadette Romulo-Puyat said earlier.

Introduction and Rationale of the Case

Description of the Status of the Case

a. Describe the current situation of the case

b. Describe the performance standards and measures (if any)

Assessment/Analysis of the Case

Describe the operational strength of the case

b. Describe the issues/problems/concerns within the case

Alternatives for improvement

Present alternatives to address the identified issues/problems/concerns

b. Assess the alternatives to determine the viable solutions

Recommended solutions/improvement

Reference no: EM132839445

Questions Cloud

MGT-655 OSCM Software Comparison Assignment : MGT-655 OSCM Software Comparison Assignment Help and Solution, Grand Canyon University - Assessment Writing Service
Difference between protecting the natural world : What is the difference between protecting the natural world because we humans are valuable and because animals are valuable?
Describe the statement of the problems : Now that you have completed the first six assignments, it is time to complete your research project for the course. Include the following sections in your.
Identify character from both a fiction and nonfiction piece : Identify a character from both a fiction (Chopin or Glaspell) and a nonfiction piece (Sedaris or Bornstein) that we have read this week.
Describe the current situation of the case : "We will collapse without that," he said. Clemente said this would be added to the group's initial wishlist to the government. The wishlist was presented during
What are the income tax consequences for darlene : When Denise died, her daughter Darlene received the policy proceeds from the insurance company. What are the income tax consequences for Darlene
Analyze asymmetric and symmetric encryption : You need to analyze asymmetric and symmetric encryption. Evaluate the differences between the two of them and which one that you would determine is the most.
Do you think shifting production to singapore is a good move : -Which trade theory or theories are being proven wrong in the case of Dyson? Why? -Do you think shifting production to Singapore is a good move? Why or Why not
Describe the variations of republican culture as developed : Describe the variations of Republican culture as it developed in the North and South - how was republicanism rationalized to defend slavery

Reviews

Write a Review

Business Management Questions & Answers

  Successfully challenge country b import

Construct your arguments and show if country A can successfully challenge country B's import ban under the WTO rules.

  How price regulation of a monopoly

Explain how price regulation of a monopoly can reduce the social cost (deadweight loss) of monopoly.

  Particular project has an expected completion time

Suppose a particular project has an expected completion time of 30 days; in other words, the critical path takes 30 days to finish.

  How does this alter hepatic glucose output

What happens to the glucagon/insulin ratio during the post-absorptive state? How does this alter hepatic glucose output?

  Work in a middle-management position

A company has just hired your foreign friend to work in a middle-management position. Since you have lived in the United States for many years

  Discuss two methods that can be used by risk managers

Discuss two methods that can be used by risk managers to forecast the average loss associated with a particular loss exposure.

  What is transformational leadership

What is transformational leadership; what are its characteristics and are there cautions that should be aware of?

  Ideal performance management system

In 8 pages, Create a presentation of an ideal performance management system (PMS) that you would implement as the human resources (HR) manager.

  Which model will be most appropriate for staffing each group

B6512.42- Which model will be most appropriate for staffing each group: ethnocentric model, polycentric model, or global model? Explain your reasoning for each case.

  How should knight lead and manage the change at kingston

How should Knight lead and manage the change at Kingston? Discus a set of actions that should have taken place and a second set that should now occur given the present situation. Use examples and insights from class lectures, experience, and readi..

  What is the regulatory agency or agencies

Is the industry currently regulated? What is the regulatory agency or agencies? What are the laws regulating the industry? Are there any pending laws (or pending overturning of laws) that will impact the industry

  Open an existing project

What steps must you take to open an existing project? Suppose your instructor gives three exams during the semester and you want to write a program that calculates your average exam score. Answer the following:

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd