The hospitality industries is one of the largest employers and strongly
contributes to the local global economy. The principles of management are globally applicable regardless of changing conditions of the hospitality industries especially in the hotels business. Implementing principles of management in the organization brings about a change and improve the quality of business.
This 14 principles of management are mostly accepted and followed by
the modern methods relevant and treated valid even to this day. This is because it is practical in the nature and result oriented for the hotel industry. The hotel industry would work better with all of the 14 principles applied with the usage of modern method. It has shown how Fayols ninety-year-old theories are still relevant today. However not all of Fayols principles are applied in modern organisations and some principles are more useful in certain situations than others, so therefore these are more rigorously applied.
These 14 principles are useful for effective management of business
activities and can be used to manage organizations and are useful tools for forecasting, planning, process management, organization management, decision-making, coordination and control. Through this process the employees also develop communication skills, which is a major issue in the service industry. Management should make sure that the employees working for the organization expect and look for awards for their work. That makes them more hospitable towards the organization.