The Don Group : bitter end to suite dreams? (B) / Claire Beswick, Lwandile Ngendane, Thabang Mokoaleli-Mokoteli.

Format:

Book

Author/Creator:

Beswick, Claire, author.

Ngendane, Lwandile, author.

Mokoaleli-Mokoteli, Thabang, author.

Series:

SAGE Knowledge. Cases.

SAGE Knowledge. Cases

Language:

English

Subjects (All):

Don Group.

Hotels--South Africa.

Hotels.

Hotel management--South Africa.

Hotel management.

Business enterprises--Finance.

Business enterprises.

Business planning--South Africa.

Business planning.

South Africa.

Physical Description:

1 online resource.

Place of Publication:

London : SAGE Publications Ltd, 2017.

System Details:

text file

Summary:

By January 2011, Thabiso Tlelai, chief executive officer (CEO) of The Don Group, South Africa's largest all-suite hotel chain, knew he had to take drastic measures to save the company. With the 2008 economic recession impacting on tourist numbers to South Africa, and the 2010 FIFA World Cup increasing the number of well-funded competitors in the domestic hotel industry, The Don was struggling to register a profit and was getting deeper and deeper into debt. When Tlelai took over management of the group in 2001, he had dreamed of turning it into an international group of suite hotels. Now, he was on the verge of admitting that the dream was dead and was considering alternative strategies for the group that would still generate value for shareholders.

Notes:

Originally published in Beswick, C., Ngendane, L., & Mokoaleli-Mokoteli, T. (2014). The Don Group: Bitter end to suite dreams? (B). WBS-2014-4. Johannesburg: The Case Centre, Wits Business School.

No ILL or scholarly sharing allowed.

Description based on XML content.

ISBN:

9781526410542

OCLC:

1017727424

Access Restriction:

Restricted for use by site license.