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SBL题库_2019年acca考试SBL第一章模拟练习题(3)

2019-06-27 15:55:13  

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For immediate release

HiLite’s proposed acquisition of the Comfi Stay hotel chain, Veelandia

HiLite Hotels, Deeland’s most popular and largest budget hotel chain, has recently announced its intention to acquire the

family-run ‘Comfi Stay’ chain of hotels, located in Veelandia. Since the announcement, there have been some concerns raised

that the acquisition of the Comfi Stay hotel chain goes against the high principles and standards which HiLite strives to attain.

HiLite wishes to make clear the following points in response to these concerns:

1. Employees’ rights

Although the Comfi Stay hotel chain is located in a low wage economy, it would be HiLite’s intention to ensure that its staff located in Veelandia are not exploited in any way, and if it is found that child labour is being used or staff are working excessive hours, then this practice will immediately be ceased on acquisition. HiLite values its hotel staff highly and is committed to ensuring that it is a great place to work, and this commitment will also be given to its hotel staff in Veelandia.

It is not unethical for HiLite to pay staff in Veelandia below the rates which its staff in Deeland are paid, particularly if the wage rates are favourable when benchmarked within the local economy, for similar employees in the hotel sector. This is common business practice across many industries operating in multiple locations.

However, as stated above, it is not the intention of HiLite to exploit staff located in Veelandia. HiLite invests around $10 million annually in skills and development programmes for its staff in Deeland, and has implemented the new Deeland National Living Wage six months in advance of the government’s launch date. Therefore, rates of pay will be reviewed for all staff and will be commensurate with the role undertaken and the expected and fair wage rate in Veelandia. We will provide training opportunities for all staff and will also offer employment contracts which will give employees security of employment.

2. Employment opportunities

HiLite’s intention is to provide employment and development opportunities for the staff employed in all of its hotels. Over the next six years, HiLite intends to invest $10 million in training and staff development in Veelandia to ensure staff there are as highly skilled as those operating in Deeland.

In line with our diversity and equality policies, HiLite will immediately cease the policy of only employing male hotel managers and will implement a policy of selection for senior roles based upon experience and suitability for the role and not based upon gender, age or ethnicity. Obviously, HiLite will need to ensure cultural sensitivity in all of its employment activities but will ensure that its own employment policies, in terms of equality and diversity, are adhered to, wherever it is located throughout the world.

3. Environmental investment

In terms of the environmental impact of the decision to acquire the Comfi Stay hotel chain, HiLite intends to invest $6 million over the next six years in environmental investment in the Comfi Stay hotels. This should go some way towards prevention of further incidents of pollution which have recently occurred in some of its hotels.

In addition, a thorough investigation of environmental practices and policies of the whole business and at individual hotel sites would need to be carried out to assess any further investment, training or policies which need to be implemented throughout the Comfi Stay hotel chain. It will be expected that all of Comfi Stay hotels will operate to the same environmental and sustainable standards as all HiLite hotels, once the environmental investments are fully operational.

Targets will be set and monitored by HiLite for all of the Comfi Stay hotels in terms of recycling, CO 2 emissions and levels of wastage, in line with those operated throughout the rest of the business and training will be given to all staff in environmental management activities. These targets will need to be set to reflect the local resources available to each hotel to undertake environmental management activities such as the existence of local re-cycling depots.

4. Long-term approach

It would also be HiLite’s long-term intention to work with the government of Veelandia and the travel and tourism industry in the country to try to work together on improving the environmental awareness in the whole industry.

HiLite intends to take a pro-active approach to managing the social and environmental impact of its activities in Veelandia.

Experienced hotel managers from HiLite will be seconded to Comfi Stay hotels to ensure a smooth transition and to assist in the training of local staff to run and manage the operations effectively. Although the Comfi Stay hotels are located 5,000 miles away from the main operations of the business, they will be expected to adhere to the corporate guidelines and standards set by HiLite.

It is the intention of the management of HiLite to invest in re-vitalising the Comfi Stay hotel chain to develop long-term employment opportunities for staff and to provide a great location for international travellers to visit.

For any further information please contact our Sales and Marketing Department.

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