Table of Contents INTRODUCTION...........................................................................................................................1 TASK 1............................................................................................................................................1 An environmental analysis for Marriott Hotel digital presence, along with focusing on opportunities, challenges and likely impact digital environment for industry-..........................1 TASK 2............................................................................................................................................5 Critical assessment of Marriott Hotel business by comparing and contrasting its digital presence-.....................................................................................................................................5 TASK 3............................................................................................................................................7 Providing a plan for organizing digital marketing activities for supporting Marriott Hotel's initiatives of building multi-channel capabilities-.......................................................................7 TASK 4..........................................................................................................................................10 Key methods that can be used for evaluating, monitoring and measuring the effectiveness of digital marketing across the business-.......................................................................................10 CONCLUSION..............................................................................................................................13 REFERENCES..............................................................................................................................14
INTRODUCTION Hospitality digital marketing is very essential for these industries. They can enhance their revenues and profit by adopting several digital marketing tool. Marriott Hotel is third biggest chain of hotel across the world. Hotel is situated at 6,906 location across the world. The company is gaining revenue of $20.75 billion. There are more than176,000peoplewhoareemployedunderthecompany.Theabovereportincludes environmental analysis for Marriott hotel digital presence, focusing on opportunities, challenges and likely digital environment for industry. Report further carried forward with providing the critical assessment of Marriott Hotel business by contrasting and comparing its digital presence. Creating the marketing plan for organizing digital activities for supporting hotel's initiatives of building multi channel capabilities. Report ends with the providing key method for evaluating, measuring and monitoring digital marketing effectiveness. TASK 1 AnenvironmentalanalysisforMarriottHoteldigitalpresence,alongwithfocusingon opportunities, challenges and likely impact digital environment for industry- SWOT Analysis: SWOT Analysis is strategic planning tool that can be utilized for helping organization or person for identifying strength, weakness, opportunities and threats which are related to the business planning. It can be described below- Strength- Marriott Hotel had strong position across the market and also have expanded and diversified business all over world. It also has strong financial position due to wide range of debt. They are rendering huge range of product and services to their consumer and highly satisfying them, by this company had gain strong position regrading consumer as they had gain loyalty base among their consumer(Murphy, Chen and Shapiro, 2017). Hotel also have good employee retention they are employing over more than 150,000 workers. It has over 3700 hotel and resort within 70 nations. Company is moving toward technical and innovation so that they could improve consumer experience and upgrading their business process constantly. Weaknesses- As Hotel had extended business, they are becoming weak in the management system due to their pathetic business performance. They are experiencing backwardness in infrastructure 1
withinfieldofinformationandthetechnologymanagement.Marriotthotelcouldhave competition from long established hotel(Choi, 2017). As company is expanding itself globally along with huge number of hotels may lead to the brand dilution. They are also liable to pay a civil penalty to the one of their guest of $600,000 for blocking personal Wi-Fi. The company had also face up the bad publicity in market. Opportunities- There is an opportunity for Marriott hotel to emerge into the international market with high potential. The global hospitality sector is developing and growing very rapidly. They could also have technologies and innovation in their consumer service so that they can highly satisfy their consumer. Hotel can also move toward having a renovation and best interiors in their premises so that they could attract customer widely. There are large number of individual for pleasure and work both is rising immensely. This opportunity can be availed by hotel with their existing property and further building strategic alliance with another chain of hotel and airline. They also had an opportunity to develop more digital marketing techniques so that they can attract huge consumer and gain profit and revenue significantly. Threats- Hotel Marriott has the intense competition from the new entrants which are adopting various technologies and innovations in their services which are gaining huge consumer towards them. They also have a threat of getting the loyalty right. Company is also facing a major threat from the brand such as Hilton, Novotel etc., who are constantly working to become a market leader. The situation of global recession has adversely affected the hospitality business and thus many of the properties are being sold out in the market due to losses in business this had also affected Hotel Marriott(Bowie and et.al., 2016). They also have threats from the terrorist attacks as rated properties are largely targeted by terrorists. The biggestthreat is the military conflict or terrorist attack which can disrupt global air travel or frighten individual away from the travelling. PESTLE Analysis: It is the framework and tool that is utilized for monitoring and analyzing micro- environmental factor which could have profound impact on company's overall performance.This technique is helpful for company to start new business or further entering into the global market. The PESTLE Analysis of Marriott Hotel has bee described below- 2
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Political Factor- The main political factor which had affected Marriott hotel are international relation, terrorism and political climate of the popular destination where they are rendering their service to travellers. The travel ban, anti immigrant statement by government would directly affect the business of Marriott hotel along with expanded wall with the Mexican Border. They are facing huge issues by this political changes in the country. The uncertain major political issue in country is EU that had impacted the business of hotel significantly and had huge impact on their profit margin and revenue. Economic Factor- The fluctuation in currency had affected the all over business in whole UK. Due to situation of BREXIT there is huge recession in market where the purchasing power of consumer has been declined and thus the tourism sector has been widely affected(Bhargav, 2017). So the business of Marriott hotel has been significantly affected as consumers are now not spending on the travel and leisure. There is intense airline competition in market as well which had affected the company as well. In case of economic slow down hotel could face the reduction in their economy. Social Factor- There is increase in consumer spending on hotel is expected to enhance ate 5|%, and this has been enhancing in luxury segment. The spending of tourist in UK had hit $353 billion. Thus, more and more consumer are rather than spending on the other thing greatly spending on travel. The terrorist attacks had also slow down the travellers to visit affected places and thus the business of hotel should also be affected. The changing taste and preference of consumer also somehow become challenge for them to adopt but nowadays consumers are becoming more technological addict they need all things to be automatic or with one step. By keeping this in mind more and more technological inundation must be done by company in their services. As consumer spend their all over the time on internet then hotel can also promote their services & hotel effectively through digital marketing so that wide range of consumer can be attracted. They can also light up activities of their guest experience by which consumers are more attracted toward hotel and its services. The different region has various demand for the lodgings and experience which are enjoyed by the guest of the hotel who are travelling across several countries. 3
Technological Factor- The innovation could be adopted by hotel so that they could have a great services in their hotel to guest and thus they can easily get competitive advantage. They can also start their own application where the consumer can book their room and services effectively and could also pay for that on this application directly. They can also let their consumers to enjoy room services with the help of that application at one step. This is helpful for company to satisfy their consumers widely which encourage them to visit again(Leite and Azevedo, 2017). Thus, by adopting several innovations and digital technology they can gain huge success in marketplace. Marriott hotel can also use the digital marketing tool for promoting and advertising their business at great platform and wide rang of travellers and consumer are attracted to stay into hotel and enjoy the world-class services which are given by hotel. Legal Factor- In November 2018 Marriott Hotel has been faced up lawsuit. The private information of their 380 million visitors have been leaked up and thus ICO London had investigated all over hotel's privacy policy. This lead to have company to pay hefty penalties and fine for such data security incident in the premises. The reputation of company had also being reduced and the loyalty base of their consumer had also declined. So they had to install the various application and cyber security into their devices to safeguard the private data of hotel and individual. Marriott hotel is moving forward for adopting and achieving the standardization along with complying to law so that they could follow the law. By this can sustain in market for long term and gain huge revenue and profit further. Environmental Factor- Nowadays consumers are more preferring sustainable hospitality. So the Marriott hotel must also move towards adopting the several sustainable practices into their business operation so that they can gain huge consumer attraction towards their hotel. So they had decided to take main step towards eliminating usage of plastic straws in their all the hotel premises across the world. They had decided to decline the consumption of straw by 1 billion units. Hotel had also sensitize over more than 500000 if their workers regarding issue of the human trafficking by whichtheyhadmaintainedhugeemployeeretentionacrosscompany(Punchihewa, Gunawardena and Silva, 2017). They had also launched the “Serve 360: Doing Good in Every Direction” which mainly focus on various sustainability goals that can be declining carbon 4
footprints, human right, recycling the wastage etc., This all practices had a significant effect on their consumers. TASK 2 Critical assessment of Marriott Hotel business by comparing and contrasting its digital presence- There are various digital tool, channel and platforms that are used by some hospitality organization. These tools are helpful for them in promoting and advertising their hotels across the world to the wide range of peoples. By this they could gain huge competitive advantage among its rivals. Some digital tool that are used by Marriott hotel and other hospitality organization can be compared below- Marriott HotelHilton Hotel Social media marketing Socialmediamarketingisverypopular nowadaysandhelpfulinpromotingthe business. Social media site such as Facebook, Instagram for promoting and advertising their hotels and resorts effectively. Facebook:It is the most popular social media channel which is used by the wide range of consumers. Thus, the Marriott hotel uses the Facebookforpromotionsandadvertisement theyusedtopostphotos,video,blogsand content here so that individual can go through it andencourageoptingservicesinhotel (Hasenzahl, Kalbaska and Cantoni, 2019). They also provide various offers, packages, discount offers and specialized services in their content so that the customers can be attracted. Social media marketing The hospitality business are striving hard as they are heavily depended on the social media advertising and promotion. Hilton also uses various social channels for promoting their company that are Instagram, Facebook etc., YouTube: It is popularly used channel for marketingthroughvideos.Theyusedto upload videos of their hotel and resorts by seeing that consumer can easily attract to opt servicewithhotelandhaveanamazing experience with hotel. It is the visual content which is more attractive as compare to the factual content. Keyless entry- It provides their guest with the keyless entry to the room where guest can skip the queue for Digital key- They also render digital check into room to their customers. The guest can download the 5
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check-in-lineandcouldgostraighttotheir room, unlocking their rooms with Apple watch or iPhone. They provide 24 hours services to their guest which can be easily accessed by their application. This digital technology also attracts consumers to the hotel. application and easily check in and check out from the room. The guest could also use this application for various hotel services. This technologyallowshoteltosatisfytheir consumer and enhances them to enjoy the services of hotel. Search Engine Optimization- This is used by company effectively so that they can put them on the top of searching and thus consumer can easily attract towards the hotel and eagerly access to visit hotel and enjoy its services. It is the most commonly used tool to enhancesaleandattractwiderangeof consumer. Email Marketing- TheyuseEmailmarketingandprovide various discount offers and packages to their existing customer and attract them to visit the hotelandenjoyservicesofhotel (TsourgiannisandValsamidis,2019). Professional traveller are usually connected with the email and thus they will be opting the offers which are given by company. Content Marketing This is the most helpful tool for marketing, creating brand awareness, lead generation and attractingconsumers.Thevariouschannels which are used by company that can be- Blog post:They write and publish article on the hotel blog which is helpful for them to convert website visitors into their consumers. Ebookandwhitepapers:Whitepapersand Ebook are helpful in educating the visitors who are visiting company's website. It accesses to exchangethecontentforreader'scontact information, generates lead for the hotel further. Infographics It is used by hotel to attract wide range of consumer, they provide visual content on their website so that the visitors who are visiting there could go through the content and thus effective content will let the individual to visit and enjoy hotel services. 6
TASK 3 Providing a plan for organizing digital marketing activities for supporting Marriott Hotel's initiatives of building multi-channel capabilities- Marketing Plan Executive Summary: The digital marketing is helpful for hospitality organization to gain huge revenue and profits by attracting wide range of consumers to the company. By using the effective marketing plan the products and services can be marketed into the marketplace in such a way that it can be helpful for company to gain huge success and revenue further(Kiraidt and Novik, 2018). The marketing plan has been prepared for Marriott hotel which includes 5 star rated luxury services in it. Mission:To enhance lives of consumer by creating and enabling unsurpassed vacation and leisure experiencing. Vision:To be the World's Favourite Travel Company. Objective: To extend their luxury brand division by 20% in upcoming 6 months. To increase customer satisfaction by 5% in next 6 months. To enhance their initiatives of building multi channel capabilities by 30% in upcoming 2 years. To enhance revenue by 20% till 2021. SWOT Analysis: It is the study which is accessed by company for identifying their internal strength & weaknesses as well as their external opportunity and threats. This can be stated below- Strength- The major strength of Marriott hotel is that it had maintained its presence across 122 country globally and has 600 properties under their umbrella. Company is also majorly focusing on innovations and most of their system & procedure are integrated with technologies. So along with that company could adopt the digital marketing technologies across business for promoting and advertising their hotels and its services in such a way that the consumer attraction has been enhanced significantly(Redondo, de Avila and Palma, 2018). 7
Weaknesses- The Marriott Hotel has been struck into many of the negative publicity which had impacted the brand reputation of hotel in marketplace and among consumers. Further by adopting digital marketing they can effectively promote their hotels & resorts and their services to consumer so that they can be widely attracted and motivated to enjoy the services. The huge consumer loyalty base can be build by company with the help of digital marketing tools. Opportunities- There are several opportunities to the hotel in the marketplace but one of the major opportunity is to explore themselves at global platform(Patrutiu-Baltes, 2016). They could establish more of their hotels and resort across the world. Along with that they also had an opportunity to promote and advertise through digital marketing tool by which they can attract wide range of consumer to the hotel and thus hotel's profit and revenue will significantly enhance. They had a wide opportunity to grow in the market effectively with the help of digital marketing tools and generating commuters. Threats- The Marriott hotel had threat from new entrants along with that it also have threats from the existing competitors available in marketplace. So they can effectively compete with their rivals in market through adopting digital marketing technique. They can promote and advertise their hotel and its service to the customer in effective way that they can be attracted to opt service with the hotel. By adopting this tool they can build huge brand image among consumer and can be at the top among consumer with their effective promotional and marketing strategies. The threat of the company can be overcome and turned into an effective opportunity and growth for hotel. Marketing strategy: 4Ps- Marketing mix is also known as 4Ps of marketing. It is the set of tool which is used by company for pursuing their marketing objective in such a way that their overall traget can be accomplished. This can be described below- Product- The various products and services are refereed by hotel to their consumers. They offer wide range of offers, packages to their consumer. Marriott hotel also render the packages as per 8
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the need and requirement of their guest which is helpful to them to provide wide range of satisfaction to their guests. Luxurious services are given by hotel to their each and every guest and let them to have a memorable experience with them. This all product and services of the Marriott hotel can be promoted easily by digital marketing tool so that more and more consumers can be attracted. Price- The pricing of their services and products are as per the objects in its. But the pricing of their services are extremely high as it offers the luxurious services to their guest and avails them, to enjoy the awesome experience with hotel(Chaffey and Smith, 2017). They have a high pricing for their luxurious services and this can be more explored through digital marketing tool. Place- The hotel and resorts are situated at more than 6906 locations. Thus, it states that company has been globally expanded and having its business operation across the world.This had created a wide range of scope for company to grow and develop and attract consumer by adopting the digital marketing tool for attracting wide range of consumer to their hotel. They can easily reach to the consumers of each location and letting them to enjoy services offered by them. Promotion- For promoting this product and services to the market effectively they can use the various digital marketing tool which can be helpful for company to sustain in market and compete with rivals. They can use social media marketing tool for advertising their product and services to the marketplace. Financial Planning: Salary£20000 Rent£4000 Maintenance£30000 Total£54000 9
STP: The demographic segment has been focused by Marriott hotel and further the young generation and middle age people are targeted by company broadly. The positioning of the product and services can be effectively done by using the digital marketing tool effectively so that product and services attract huge consumers significantly(Chaffey and Ellis-Chadwick, 2019). This is helpful for them to target them effectively and gain huge success further and promote their product and service. Monitoring and Controlling: The key performance indicator will use by Marriott hotel to control and monitor that the company is performing well or not whether the strategies used by company are successful or not. Company could gain huge success if these strategies are helpful for company in gaining huge revenue ad profit and if they are not they can mould their strategies as per the market conditions. TASK 4 Key methods that can be used for evaluating, monitoring and measuring the effectiveness of digital marketing across the business- Digital Marketing which requires putting lot of money and efforts in it and so have been done by Marriott Hotel. All this investment of money and efforts requires that it is measured and monitored to ensure that all the efforts are going on the right way. Some methods that can be used by Marriott Hotel are as follows- Overall Website Traffic All the efforts that are made in digital marketing are aimed at driving traffic to the website of the Marriott. Individual and specific campaign of the company may focus on the list building or increasing traffic on social media of the Marriott Hotel but ultimately all the efforts are aimed at increasing traffic on the website of the Marriott (Murphy, Chen and Shapiro, 2017). The reason behind this is that website of the company serves as home of the company and face of the brand of the company. If traffic on the website of the company is high which means that all the efforts of the company are moving in right direction but if the traffic is lower than company needs to recheck its efforts. In relation with website some other measures are as follows- 10
Time Spent on the Website This refers to the time people spent on the website and blog, if the time spent on the website is more than the efforts are effective. Bounce Rates This refers to the back button people hit as soon as they open and visit website. High rate of bounce refers to need of improving the content. Impressions This method of measuring and monitoring digital marketing refers to larger and overall views received by the content and advertisement for the Marriott. This includes content on social media and pay per click ad may show individual person same advertisement multiple times but each time is counted as individual impression. In this form the number of reach will be less than impression because this metric only counts individual impression. Email Open Rate Email Advertisement are also a significant method of digital marketing and to measure and monitor this email open rate shows number of people who open the email company sent and compare this to overall number of people who were sent the email or who received the email. Digital Revenue Digital Revenue are considered as most important and biggest parameter to measure and monitor digital marketing success of Marriott Hotel. This is measured through the following formula- Digital Revenue = Traffic x Conversion Rate x Product Value Conversion rate in this refers to total conversions divided by total visitors. In case digital revenue is not enough and effective than Marriott needs to change all these three factors (Behera and et.al., 2019). In this content of Marriott should be qualitative to drive more traffic and better user experience on the website will increase conversion rate and then right 11
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customer should be targeted for right product to increase the sales of the product. This way Marriott can measure and monitor its digital marketing. CONCLUSION From the above study it has been concluded that digital marketing is the essential tool which should be undertaken by each and every organization in hospitality industry. Nowadays technologies are more upgrading and individuals are adopting more and more technologies in their daily life and hugely connected with them. So the companies under hospitality industry must also adopts the digital marketing tool for promoting and marketing their hotel & resorts across the wide range of customer. The more and more consumer can get through with the service and packages which are offered by companies to their guest. By so opting digital marketing technique they can enhance their brand reputation among the competitors and consumers easily. The number of visitors to the hotel can also be enhanced by using this tool. With increase in number of visitors company could easily enhance their sale and revenue effectively. They can also easily compete with their rivals which are present in marketplace along with the new entrants by building a strong online presence on several social media platform. Thus, it is very important tool for a hospitality companies for enhancing their revenue and profit further. 12
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