I. Executive Summary
The Hospitality industry is only one of several industries that together make up the travel and tourism industry. Types of hotel guests and the various types of hotels they patronize. You will know the emerging hotel concepts and some of the differences between chain and independent hotels.
It’s important to understand the ways in which hotels are categorized. Hotels can be categorized by location, ownership, price and other factors.
Norfolk Hotel is representative of the boutique business hotel. Originally established in 1992 as the first Australian owned hotel in Ho Chi Minh City (HCMC), Vietnam, the Norfolk Hotel ensures commitment to provide exemplary hospitality. Our guests enjoy endless amenities in a richly appointed
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5.4 Promotion
Promotion: primary focus will remain on mass communication via print ads in trade publications and on the Internet. Direct mail campaigns to existing and prospective clients will increase as a cost effective means of targeted campaigning.
Personal selling in the local market will remain an important element of the mix in order to continue to build long-term relationships within the local community and generate high levels of corporate activity.
Public relations activities will continue to play an important role in the marketing mix, presenting the hotel as a supportive member of the community and participating in significant local events.
VI. Marketing Program
Advertising Milestones
Milestones
Advertising Start Date End Date Budget Manager Department
Contract media space 1/1/2013 4/1/2013 $20,000 Anh Macom
Ad agency liaison print ad material 1/6/2013 14/8/2013 $11,000 Anh Macom
Dispatch/monitor campaign results 1/9/2013 10/9/2005 $2,000 Giang
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The new website will be ready to launch in April.
Website Milestones
Milestones
Web Development Start Date End Date Budget Manager Department
Homepage Re-design 15/1/2012 30/1/2012 $1,000 Anh Marcom
Online reservations 1/7/2012 30/7/2012 $15,000 Anh Marcom
Total Web Development Budget $16,000
Service
Our hotel provides guests with an alternative to the impersonal, large five star properties in the city. Strategically located, our property enables our guests to be at the heart of the business community and yet in an environment of calm and professionalism. We seek to differentiate our product and services in the following areas:
• Personal recognition of our frequent travelers who return time and again.
• Luxurious rooms that offer a sense of doing business from 'home.'
• Staff that have a strong customer-service ethic.
Business facilities second to none in town.
VIII. Implementation Plan
New marketing campaign efforts will be focused from January through April, aimed at the launch of the redesigned website in July. We will continue to track the results of this campaign for the remainder of the year.
Sales
A variety of new products emerged to entice people to buy more (Routledge 1-2)”. All of these examples conclude that the
111). The main reason why this is one of my favorite aspects of this book is that it encourages “reasonable down-selling” (Spoelestra, 1997, p. 112). I think that too often salespeople try to only upsell customers, and that can end in a bad experience for the customer, or not sale for the organization at all. I believe that if all salespeople abide by this rule, then organizations will be more successful, as customers will actually be purchasing something they actually want and will enjoy, which increases the chance that they will be a repeat
1 What is Outrigger Hotels and Resorts’ strategic position? What are the firm’s Critical Success Factors (CSF)? Outrigger Hotels and Resorts are currently using geographical and product diversification strategy. The firm expend their firm around Pacific Ocean and diversify its product portfolio by adding condominiums resorts and OHANA hotels.
Sales promotions are non-personal communication tools that will help simulate quicker and more frequent purchases of a company’s products. Vera Bradley uses this element to help produce a higher profit and get more consumers. For example, on time on the famous talk show, The Talk, every person in the audience received a free Vera Bradley gift cards. Other more common ways are promotional emails. A
Its aim is to delivering some value to the customers so they purchase or sell goods and/or services. Advertising, however is one of many tools used in marketing to reach and inform consumers. Of the four P’s in the marketing mix, advertising falls under ‘promotion’. Some other marketing tools are public relations, sales promotions, directing marketing and personal selling. There are various types of advertisements, among them political, public service, retail and directory.
KETING STRATEGY A marketing strategy is a process or model to allow a company or organization to focus limited resources on the best opportunities to increase sales and thereby achieve a sustainable competitive advantage. Or it is a process or model to allow a company to focus limited resources on the best opportunities to increase sales and there by achieve sustainable competitive advantages. The marketing strategies of Hilton Garden Inn are as follows. Philip Kotler defines marketing as a social process used by the people, individually or in a group to achieve what they want by the creation or exchanging their product details and their values with others.
Discussion: Sales are the most dominating factor for any organization. In any circumstances, sales will always
Holiday Inn is a world wide chain and its international functional strategies will always yield profitable returns. The potential customers are from all over the world. It has been noted that the holiday inn company has given the market such as Europe, Asia, America with regards to their social-cultural needs. Holiday Inn, like all other hotels has established a good system in determining the needs of the market. The company uses the concept of product, personality, behaviour of the customer and purchasing to its advantage.
When determining the type of market in which certain goods are sold, there are couple main points to think about: are there many competitors, are the goods homogeneous or heterogeneous and is there free entry and exit in the long run? In our case, there are a lot of sellers in the market, more than 200. Goods, even though can seem to be similar, are heterogeneous. Hotels can differ by location, room quality, size, skill of employees, entertainment, outdoor activities and so on. Also, there is free entry and exit to and out of the market.
Salespeople create value for their firms’ customers by advocating and communicating the customers’ needs, desires, concerns, and preferences back to the company and find solutions (Tanner and Raymond, 2010). Also, since the salespeople are experts in regards to their products, they can best advise the customer as to which product is the best fit for them or adapt offerings to fit. In this way, salespeople create value that would not have
It is finalised strategies to enhance business and product’s positions in selected markets. (N. Paley, 1999, p.9) 6.2.1 Location The location of our company is at Prima Setapak. This is because we see many opportunities at that area as there are many students and working adults living there. There was primary school and a secondary school near our shop.
Intercontinental Hotels is using the market differentiation strategy in segmenting its market into appropriate market divisions based on characteristics of the varying needs and characteristics of the target markets. The company has more than 3500 hotels in over 100 countries with around 535000 guest rooms. It has established a substantial customer base with over 120million customers whose preferences vary based on price and quality expectations. The Intercontinental group is made up of many brands such as the Intercontinental Hotels and Resorts, Holiday Inn Garden Court, Crown Plaza Hotels & Resorts, SunSpree, Holiday Inn, Staybridge Suites, Holiday Inn Family Suites Resort, Holiday Inn Express, Holiday Inn Select, Holiday Inn, and Candlewood
Salespeople are an effective link between the company and its customers to produce customer value and company profit by representing the company to customers, representing customers to the company, and working closely with marketing. Sales promotion refers to the short- term incentive to encourage purchases or sales of a product or services; customer promotions, trade promotions, and sales force promotion. the major sales promotion tools are samples, coupons, cash refund, price packs, premium, advertising specialist, patronage rewards, point-of-purchase displays, demonstrations, contests, sweepstakes, and games. Direct marketing is a marketing channel without intermediaries. It’s an element of the promotion mix and also the fastest growing form of marketing.
InterContinental Hotel Group (IHG) is among the largest hotel of the world and comprises of hotel seven hotel brands. Such as Holiday Inn, InterContinental, Hotel Indigo, Candlewood, Crowne Plaza, Staybridge Suites, and Holiday Inn Express. IHG also has to face the problem of credit crunch due to which their performance and growth has been impacted adversely. This hotel enjoys strong presence in the era of economic uncertainty such as credit crunch and fears of recession because of its famous brand Holiday Inn. However, in these years of crisis the share of the group dropped by about 50% because of presence of credit crunch.