Research On Moral Rask In Hotel Trainee Management

Hotel internship is a necessary way for higher vocational schools to train qualifiedhotel waiters and managers. Through the hotel internship, not only students couldimprove their practice ability, but also the hotel could save laber cost and develop itsempolee in advance. In the principal-agent between hotel and trainee, both of themwould have moral risk, which cost hotel trainee management inefficiently and hotelbrain drain.According this thesis, the following three factors cost moral risk in hotel traineemanagement. Firstly, for the trainee, the object of internship is study, but for the hotel,it is cost saving. Both of them want the best benefit, so the interest is differentbetween them; Secondly, because of the simple trainee interview and imperfectconnection channel, the information between the hotel and trainee is anisomerous;Thirdly, uncertain factors in the objective environment cost no perfect contractbetween the hotel and trainee.Based on the investigation and interview of the students majored in hotelmanagement in Qingdao Hotel Management College, this thesis makes an informationasymmetry analysis between the hotel and trainee. The conclusions are that the traineemoral risk is effected most by how many information the trainee can get from thehotel and the quantity of information the hotel want to deliver to trainee would effectthe trainee’s work willness in hotel in the future.In a word, hotel managers should change their attitude to take the trainee aspotential competitive power and build a better connection channel, so that theinformation asymmetry between hotel and trainee could be avoid. The wholehospitality shoud build a trainee market reputation system to avoid trainee moral risk.On behalf of the students, the college could sign a motivation contract with hotel toavoid hotel managers moral aisk.The innovation of this thesis is that the hotel internship management is studiedfrom business management angle, and moral risk theory is applied effectively. Thisthesis analyses the moral risk cost by information asymmetry from trainee and hotel,so that a new idea could be put forward for all of the hotel managers.