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Hospitality marketing essentials Marketing plan refers to the formal document that outlines all the activities of organisation related to marketingand promotion for upcoming year. It states activitiesthat are involvedinattainingspecificmarketingobjectivesor goalswithinasetperiodoftime.Travelodgeis introducingitspremiumeconomyrooms,namedas “Superrooms”forwhichabasicmarketingplanis developed by company. Visionofhotel:“Toofferhighqualityservicesto customers and provide them value for which they pay”. Mission statement ofhotel:“To create strong image of hotel in minds of customers by providing them excellent stay experience and become that leading hotel of UK”. Travelodge Hotels Limited is one of the well known hotel that operates in hospitality sector. It is a budget hotel that is headquartered in Thame, England, United Kingdom. It introducing its premium economy room which includes more modern residential décor along with various other features. Marketing planOverview of Hotel Vision and MissionGoals and objectives of hotel: Main objectives of Travelodge Hotels Limited are: To maximise the market share from 20% by year 2023. Tosatisfycustomersbyprovidingthemhighquality services. Tomaintainlargecustomerbasebysatisfyingmore number of customers. To increase sells and profit rations by 10% in next two years.
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