Risk management strategies for smart hotel supply chain

Mohammad Shahidul Islam, Md Shamimul Islam

Article ID: 2632
Vol 5, Issue 1, 2024
DOI: https://doi.org/10.54517/st.v5i1.2632
Received: 18 March 2024; Accepted: 2 April 2024; Available online: 25 April 2024; Issue release: 30 June 2024


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Abstract

In the dynamic and interconnected world of hospitality, smart hotel supply chains play a pivotal role in maintaining operational efficiency and service excellence. However, these supply chains are susceptible to many risks, including transportation disruptions, supplier insolvencies, and cybersecurity threats, which can severely impact business continuity and degrade service quality. This conceptual paper proposes a holistic framework for identifying, assessing, and mitigating supply chain risks within the context of smart hotels. By integrating advanced technologies and strategic management practices, this study aims to reinforce smart hotel supply chains against potential vulnerabilities, ensuring sustainable business operations and superior guest satisfaction. The paper explores various risk management measures and leverages supply chain management, hospitality, and cybersecurity insights to develop a robust risk management strategy tailored for smart hotels.


Keywords

smart hotels; supply chain management; risk management; cybersecurity; business continuity; hospitality management


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