Table of Contents INTRODUCTION...........................................................................................................................1 RECOMMENDATION...................................................................................................................3 CONCLUSION................................................................................................................................4
INTRODUCTION Hospitality as well as tourism sector both have high growth opportunity because they are interrelated with each others. In this report, Hilton hotel organisation are selected in order to run their business activities in hospitality industry. It was established in the year of 1919 and they are run business activities in global level. Around 570 plus hotel has operated by organisation with almost 85 countries and across six continents. It has a one of the oldest hotel brand in the world. SPT strategies: Management of Hilton hotels has analyse their potential customers and accordingly choose market segmentation. By knowing needs and want of clients Hilton hotels are targeting consumers as well as position their brand feature, benefits etc. in customer's mind effectively(Wu, 2011). Four P's of marketing: Product:They have diversified services portfolio which are includes various facilities like luxury destination, flights, foreign exchange facility, holidays deal, hotel, side tours as well as city escape, cruise, travel facilities, insurance and many more. Price:In the year of 2017, estimated revenue is 9.140 US dollar billion with net income of 1.372 US dollar billion. Place:Hilton hotel is a intentional organisation which are provide their services inEgypt,Greece,Caribbean,Corfu,Portugal,Unitedstate,Italy,United Kingdom, India, Peterborough, Spain etc. Promotion:Institution has develop marketing strategies in this they are sponsor Peterborough united football clubs as well as Manchester city. Firm has also take sponsorship of premier league season and many more. Brand awareness: Through various marketing strategies firm has able to build strong brand image in customer's mind and they are continuously touch with their potential clients for create brand awareness at market place. They are organising event at different location to make product recall, it help to save information in clients conscious mind. That help to gain long term memory related to firm services and when customer are demand product they have go for Hilton hotels hospitality services(Cuccia and Rizzo, 2011). 1
Current marketing material: Hilton hotel has used several marketing strategies in order to promote services like print media, T.V. Advertisement, billboards, hoarding, social media site and many more. SWOT ANALYSIS Strength:Hilton hotel is one of oldest and largest hotel organisation are providing various services to customers. Customers are affordable their prices and offers which make their holidays accessible. They cover widespread of locations by higher base of customers as they satisfy their buyers according to their needs and preferences. Weakness:Limited share of market because on having a intense competition as well as it makes more complex in sustaining within a competitive marketplace. Hilton hotel persisting long terms debts is a very difficult problem due to organisations are more vulnerable at a difficult time. Opportunities:Hilton hotel are having an opportunity of growing their hospitality at whole world as through that they get a better opportunities to the company to give their services at right places for covering most of market (Buckley, 2012). It is increasing globally within UKand Europe and having lots of available opportunities. Hilton hotel is having a higher improving scope in digital presence. It will aid in penetrating a market within whole world. Threats: These type of uncertainties always poses a threat within Hilton hotel to a multi border enterprise such as hospitality sector. Growth of competition for providing services are always threats for a enterprise within a travel sector of Hilton hotel. PESTEL ANALYSISPolitical factors:Hilton hotel should stable their political as well as importance within hospitality sector within a economy of country. Interferences as well as Bureaucracy within hotel sector by government.Economical factors:Hilton hotel provide the quality of infrastructure within hospitality sector. Organisation can use nations economic factor like as inflation, business economic indicators and growth rate within the sector of hospitality. 2
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Social factors:Sharing of attitudes as well as beliefs of a population which play a better role in analysing their consumers within a given marketplace. They design a message of marketing for attracting customers within a hospitality sector.Technological factors:It is a very vast disturbing different companies through changing technology. It influence their cost structure. They not only analysis technology with that they also accomplish their work within a given time by using technology within their hospitality sector (Roxas and Chadee, 2013).Environmental factors:Various markets are having different environmental norms which influence on companies profits within a markets. This factors impact through climates, weather, recycling, waste management within a customer service etc.Legal factors:Legal institutes as well as framework are not robust as it is not sufficient to protect the rights of intellectual property within the company. Various factors which influence hospitality sector are employment law, patents, copyright etc. Major challenges faced by Hilton hotel:Hilton hotel are facing various challenges of growth by acquisitions, they also facing issues their the internal and external factors, pressure within financial markets, their should be clear short term priorities within hospitality sectors, also facing problems of repositioning and restructuring. They are facing these various problems within the hospitality sector. Business management of travel and tourism sector:Hilton hotel manage their enterprise effectively and efficiently as they maintain the taste and preferences of their customers so that higher rate of buyers attract toward their organisation (Scott, Hall and Gössling, 2016).They manage by following all government policies and laws passed by them. It is one of biggest hospitality industry with that they also manage others sectors within their business. RECOMMENDATION Hilton hotel has face lot of competition in current market situation. Management of the company has develop differentiate product as compare to competitors at market place. Through this activities, firm are capable to achieve long term sustainability as well as profitability in same industry. Some another recommendation are explain as follows: Used latest technology to provide better services. Buildeffectiveaswellasstrongrelationshipwithvariousfirmorvendorslike accommodation provider, hospitality facilities, transportation availability etc. 3
Provide safe and secure environment to their buyers which help to increase satisfaction. CONCLUSION From the above report it is concluded that Hilton hotelshas sell several kind of services to their customers which help to attract large number of customer toward organisation. It is a one stop destination where all customers are solve their problem related to hospitality sector. Hilton hotel is a world largest hospitality provider in United Kingdom. 4
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