TABLE OF CONTENT Introduction Various factors influencing consumer behavior in hospitality industry Impact of consumer behavior in technology changes Conclusion References
INTRODUCTION Hospitality industry is the industry which provides their services to its customers and the customer are the main and essence in their hospitality industry. Travelodge is the second largest brand in hospitality industry in united kingdom. In this project main emphasis on the customer review, mapping process and buying behavior of the consumer in the hospitality industry
VARIOUS FACTORS INFLUENCING CONSUMER BEHAVIOR IN HOSPITALITY INDUSTRY Cultural factors- in this world there are different culture, beliefs and these beliefs and cultures is followed by different people all over the world(Clark and Wood, 1998). Consumer follow different types of ideology and different cultures which impacts on the consumers buying behavior. Cultural is a part of society and the want is the important factor for the consumer's behavior.
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IMPACT OF CONSUMER BEHAVIOR IN TECHNOLOGY CHANGES Digital technology Technology in these days most used in every sector of the business. Technology changes in hospitality industry has now improved the whole industry to grow more fast and rapid changes in the market has made, now the social media network are grown and make a mark in the market everywhere where this helps the customer as well through this digitization of booking provides customers a platform to book and see the clear picture of the hotel.
CONCLUSION We find that Travelodge has a large share in the market as in the hospitality industry from last 15 years. Travelodge was the first budget hotel who promotes itself on the T.V. And also get 75% more customers and also had large profit as surplus after promoting. This brand company has few disadvantages and drawbackswhich is now worked upon with effecting planning and consumer mapping.
REFERNCES De Mooij, M., 2019. Consumer behavior and culture: Consequences for global marketing and advertising. SAGE Publications Limited. Gupta, V., 2019. The influencing role of social media in the consumer’s hotel decision-making process.Worldwide Hospitality and Tourism Themes. Hofacker, C.F., Malthouse, E.C. and Sultan, F., 2016. Big data and consumer behavior: Imminent opportunities. Journal of Consumer Marketing.33(2). pp.89-97.
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