New Service Analysis of Banyan Tree Luxury Boutique Hotel
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Read about the new service analysis of Banyan Tree Luxury Boutique Hotel for old age people or baby-boomers. Discover the importance, difference from other services, formulation, service lifecycle, government initiation, procedure of availing the service, extra facilities and better management qualities.
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Principle of marketing A NEW SERVICE ANALYSIS OF BANYAN TREE LUXURY BOUTIQUE HOTEL
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Introduction The principle of marketing suggests involvement in product transfer and maintain a good relationship with consumer and producer. Service development for any kind of hospitality sector will engagemorepeopleandaccesschangestodiscoverthe dream destination for the guests. Banyan Tree hotel delivers international hospitality branding inaccommodationandspainSingaporeandmany international areas (Banyantree.com, 2018). The pool villa concept, along with the garden spa provides extra facility to customers.
Background of the Hotel The hotel was founded by Ho Kwon Ping and Claire Chiang but the process of toxic support in vegetation stopped that process and some regeneration program has started. After tenlongyearsin1994,BanyanTreePhuketwasbuilt (Banyantree.com, 2018). In 2009, global foundation was created for Banyan Tree and corporate social responsibilities encourage the communities to build the process in an authentic way (Banyantree.com, 2018). Bringnaturetotheirrooms,alongwiththesenseof
Approach to the hotel The approach of the hotel is to discover a dream destination for guests. The full-service accommodation and development in thematic attraction is the key approach of the company to engage more people. Environment-friendly design highlights the global balance in natureandtheCSRdepartmentmaintaintheecological
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New service development Service for the old age people or baby-boomers is the new service that can be launched by the administration. The service will have all the innovative and modern amenities that people will need from a high-class hotel. The upper sleeted rooms are not accommodated due to their age problem (Kubacki et al., 2015). Ground floor rooms along with waterside relaxation and water spa facility will be there for them. Age is not an issue for that reason and all kind of operational amenities will find for them. Lounge with open fire, sightseeing, laundryanddrycleaning,allergy-friendlyrooms,ownparking spaces all these amenities will be there for old people.
Importance of the service Theserviceisimportantasnewcoupleaccommodationin form of old people will emerge a new dimension for hospitality industry. There are lots of other services like for proposal, anniversary, wedding,honeymoonbuttheserviceforoldpeopleisa differentwaytocelebratelife,andthehotelprovidesthat (Smith, 2012). The important of the service is to formulate better revenue generation of the hotel and maintain some good etiquettes to keep a better relationship with older people.
The difference from other services Formation Branding Equipment Facilities Re-live the moments in a different way Other services are delivering happiness at the initial stage of their new journey, however, this process changes the entire formation and delivers a better way of hospitality.
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Development of the service The business development in creating value for the hotel as the new segment delivers new revenue generation opportunity for the hotel. The environment policy will be maintained in that process.
Formulation of the service Government initiation is needed to formulate the process, and there is a linked up process to control the manner. The booking can be done by the government offices or websites. Extra care and outlook will be given in this process.
Service lifecycle
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Introduction to the service This is the first stage of life cycle and service cost is the primematterinthatcase.Therearesomeintroductory packagesforcustomersandaspecialdiscountforlucky winners as well. Introductory compliments are there for engaging customers and that will effect better for the enhancement for the hotel.
The growth of the service The growth rate will be measured by the effective revenue generation of the hotel. The growth will be measured by the spaces created by the old people and their active lifestyles in the hotel (Erragcha & Romdhane, 2014).
The maturity of the service Theprocesswillbematuredwhentheobjectiveofthe company set by the management will fulfil. To reach at the top of the hospitality industry with this concept ofspecialaccommodationforbaby-boomersisthebest approachinthatcase,andhotelwillreachatthestable situationaftergettingahighlyacclaimedreview(Russell- Bennett, Wood & Previte, 2013).
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Decline of service The service can be initiated by other hotels also at a better pricingstrategy.BanyanTreewillfacechallengesatthat moment. The process of declining situation will initiate a decrease in service level and design in a better way (Laczniak & Murphy,
Government initiation in this service A collaboration with the government, in that case, will help the process. Aged people can book their rooms and enjoy their leisure time through government websites. There are some advantages the Singapore government proposed for those aged people who booked their rooms through their portal.
The procedure of availing the service Websitebookinginonlineprocess,offlineregistration before three months, best-suited room selection, operational choice and activities all these can avail through the process. Atmosphericbeautyandrooms’sizearealsopreferred through the procedure.
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Extra facilities in this service Complimentary arrival and departure transfer Greeting with concierge aid Freshwater swimming pool Sun lounger Pool bar Collection of artworks in each room Sea view Floral request Free Wi-Fi access Free wine tasting and food tasting Yacht hiring
Recommended service process A complimentary dinner for the couple and a welcome drink can be served for the better engagement with the customer. Extrafacilityforthefirsttencoupleswillconsiderasa better promotional strategy as well.
Better management qualities Qualities like commitment and communication skill are important for employees to feel those aged people comfortable. Enthusiasm, interpersonal skill, leadership all these qualities highlight better management process.
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Conclusion Therefore it can be concluded that new service development of making a separate genre for aged people will find a space for extra revenue generation and provide a good opportunity as well. Someessentialqualitieswillenhanceservicequalityand maintain a good relationship with customers. Thisisthe newservice dimension aswell along with the anniversary, wedding and honeymoon and Banyan Tree will get good revenue opportunity through this.
References Banyantree.com(2018) DISCOVERYOURDREAMDESTINATIONretrievedfrom: https://www.banyantree.com/en[Accessed on 29th September, 2018] Erragcha, N., & Romdhane, R. (2014). New faces of marketing in the era of the web: from marketing 1.0 tomarketing 3.0. Journal of Research in Marketing, 2(2), 137-142. Kubacki,K.,Rundle-Thiele,S.,Lahtinen,V.,&Parkinson,J.(2015).Asystematicreview assessing the extent ofsocial marketing principle use in interventions targeting children (2000- 2014). Young Consumers, 16(2),141-158. Laczniak, G. R., & Murphy, P. E. (2012). Stakeholder theory and marketing: Moving from a firm- centric to a societalperspective. Journal of Public Policy & Marketing, 31(2), 284-292. Russell-Bennett, R., Wood, M., & Previte, J. (2013). Fresh ideas: services thinking for social marketing. Journal ofSocial Marketing, 3(3), 223-238. Smith, A. C. (2012). Introduction to sport marketing. Routledge.