Managing risks within international hotel construction projects

Fenech, N (2006) Managing risks within international hotel construction projects. PhD thesis, University College London, UK.

Abstract

The study highlights risk identification, mitigation, management and evaluation in relation to hotel construction, more specifically to the hotels built and owned by the 'Hotel Investments Company Limited', who construct and operate four and five star hotels globally. The Company constructed a hotel in Tripoli, Libya and was bound by certain economical and/or political constraints. The study outlines the benefits achieved in building the hotel and establishes the reason why the company chose to do so. Firstly it outlines, information regarding the Company, to better understand how the company functions and how management deals with situations they maybe faced with in relation to international hotel development. Secondly, an analysis on the hotel project in Tripoli, how the concept evolved, its viability, what risk procedures were adopted initially, what risks were identified during the process, reactions to such risks and the measures adopted to control them and how they saw the project through to its completion. During the course of this research it will be demonstrated that having prior knowledge in anticipating situations will be beneficial to making informed decisions and to a certain degree will prevent setbacks from occurring. All names and sources of information pertaining to this case study have been substituted.

Item Type: Thesis (Doctoral)
Index terms: risk identification, construction project, mitigation, Libya, case study, hotel
Subjects: financial risk, Geography, production management, construction type, data collection methods
Topics: Project Management, Geographical Context, Construction Technology, Cost Management, Research Practice
Descriptive scope: 2 PE

N.B. Descriptive scope is a count of how many of the five facets of empirical research are indicated by the words used in title, abstract and keywords. It is not intended as a judgement on the research; merely a count of the kind of word we would expect to indicate Phenomenon, Concepts, Theoretical framing, Empirical techniques, Analytical techniques. If all five are present, then a code of “5 PCTEA” will indicate this. If you feel the coding for this record is questionable, we welcome discussion around the terms we matched or the way we categorized them. The facet you would expect may not be coded, or a facet may be coded inappropriately. This can also bear on a larger question, of which facets should be treated as defining in construction management research. Please get in touch, and we will look at it. More details here