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Abstract
Peabody Hotel Group (PHG) and Belz Enterprises are proud of their outstanding organizations and their committed associates who make possible their continued growth and success. Every property has its own unique managing and property position that entitles them to maximize on profit and the market share in which their environment entails. PHG structured a regional corporate team that stays close to guests and staffs concerns, so that things can be handled in a timely matter and be given an effective and efficient response to the concerns that arises. This team also opens doors to staff members who are active at the properties to achieve the monetary goals. Successfully operating Peabody Hotel Groups and Belz Enterprises is due to the president being strategically positioned to exceed guests' expectations, thereby guaranteeing an impressive rate of repeat business for all our properties.







Organizing Function of Management
The organizing function of management focuses on the companies organizational resources and this happens in many different areas in a company. “Organizing is assembling and coordinating the human, financial, physical, informational, and other resources needed to achieve goals.” (Bateman & Snell). Peabody Hotel Group is the hotel division of the Belz organization. PHG has a number of hotels in Memphis, TN, Orlando, FL, Little Rock, AR, Somerville, MA, Randolph, MA, and Boston-Natick, MA. PHG continuously reviews hotel development and management opportunities and will continue to pursue those which fit the company’s long-range goals.
Physical assets
Peabody Hotel Group (PHG) has an unlimited amount of buying power. This allows them to buy in bulks for their properties, which also provides savings for each property. “PHG's purchasing subsidiary provides quality standards and specifications with computerized tracking capabilities, resulting in...