Learn about the essentials of hospitality marketing and how to create a successful marketing plan for a hotel or resort. Understand the importance of strategic planning, target audience, pricing, promotion, and customer satisfaction.
Contribute Materials
Your contribution can guide someone’s learning journey. Share your
documents today.
Hospitality Marketing Essentials
Secure Best Marks with AI Grader
Need help grading? Try our AI Grader for instant feedback on your assignments.
Introduction Marketing plan is the part of the overall business plan in a well written format and contains a lot of activities or actions without any kind of sound strategic foundation in order to plan and coordinate each and every activity in proper manner.In context of Hotel Orizont 4* they plan and coordinate each step before implement the new store in the market of Asia.
Information about organisation Hotel Orizont 4* is a well hotel chain that provides various services such as Food and beverages, accommodation and resorts to their consumers in order to remain always competitive in marketplace. Mission statement: “To give one of best services to consumers by identify their needs and wants of consumers in proper manner”
Cont... Objectives: Enhance the no. of consumers at world wide scale. Increase the no. of national and international collaborators. Goal of the marketing plan: The major goal of marketing plan is to accumulate all kind of necessary information before launching products and services into market.
Paraphrase This Document
Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
Situation Analysis Product –Hotel Orizont is aimed to be launched in the Asian market. Hence, the products of the hotel company will include setting up hotels and resorts offering regular affordable rooms to luxurious rooms with breathtaking views, a variety of cuisines on their menu, free Wi-fi for the guests, housekeeping, gym and an activities area along with a pool. Price –The hotel has kept an idea of having set up a competitive price after conducting surveys of the market and carefully examining the results and then setting up the price. The management of the hotel does not want to stand out with its pricing against the competitors since the hotel is a new entrant in the market. The price will be kept such to reach out to as much number of people as possible. Place –The hotels and the resorts will be set up at locations like countryside, having a beach view and far from the city so as to provide the guests a delightful experience and that they prefer visiting again. The places will be selected after carefully examining the locations chosen by the management. Promotion –The hotel has set up a strategy of advertising and promoting through various channels and at various levels. The channels will include promotions through social media, advertisements being printed on magazines, flashing advertisement on television and through bill boards. Influencers such as bloggers etc. can be hired to target as much audience as possible and catch their attention.
SWOT analysis Strengths–Hotel Orizont 4* offers a delightful customer experience with a breathtaking location yet competitive prices. The staff is highly skilled and welcoming with a Roman infrastructure and a new concept that appeals the customers. The hotel has a financial support from its customers and has seen constant growth over the last 5 years with best deals provided online. Weaknesses-The promotional activities and the branding used by the hotel is ineffective with no clear mission and vision which in turn makes the functioning of the staff not clear and thereby leading to a higher staff turnover. The hotel is weak at making sudden arrangements for customers there is no balance between quality and quantity of work. Opportunities–The hotel has opportunities of expansion with setting up of new hotel segments with distinct ideas and concepts. Hotel Orizont has a great potential to increase its market size and improving its image and creating awareness through celebrity endorsements. The new segment hotels can help create a new market if the management of growth is done appropriately. Threats–The hotel serving on a small scale faces competition from international brands such as Marriott International and Hilton to name a few. There is a threat of the business performing low against expectation. Competitors may arrive soon due to distinct features offered by Orizont in terms of facilities and infrastructure. There is a threat of changing customer attitudes towards the hotel if it does not pay attention on constantly improving the customer experience.
Action plan New consumers: Quality services by using standards Resorts and adventures Corporate events Wedding bells and events Online and offline booking of services Elimination of mediators.
Secure Best Marks with AI Grader
Need help grading? Try our AI Grader for instant feedback on your assignments.
Cont... New Collaborators: Promote international tourism Enhance participation in international fairs and various associations. Participationininternationalmeetingtoaccesstheirtasteand preferences.
Marketing Plan Marketing Plan: Hotel Orizont 4* AudienceStrategiesActivities Target PersonMarketing goalsMarketing channels The majorly target audience are people who loved ethnic food majorly and youngsters who loved fusion food in order to gain potential outcomes. Themajorstrategyisto enhanceno.ofeventsby attractingthelargeno.of consumerinordertogain potential outcomes. By taking participation in international events byreapimportant outcomes. By using channels of communicationto deliver one of fruitful information. Customer journeyKey strategiesTactics Business meetings – Visit- order- Pay- get together Enter- explore- order- enjoy food – pay. Discounts and plans to give advertisementthatattracts consumers. Fusion of ethnic and modern food. Bygivingoffersto individuals and groups andorganisevarious eventstogain popularity. Provideconsumer loyalty cards. Value propositionPricing and positioningMeasures of success Great décor, fusion of ethnic and modern decoration, exclusive furniture and Romanian recipes. The affix competitive pricing and positioned in market by maintainingqualityof productsandgaining popularity by CSR activities. By Sales and growth, no. of consumers visit, rewards and walk-in of foreign tourist.
CONCLUSION From the above PPT, it have been concluded that marketing plan plays very crucial role in the organisation in order to plan and execute each and every event in proper manner. By delivering and executing strategies after collecting necessary information in order to take crucial decisions in proper manner. With the help of strategic direction an organisation can plan and execute in proper manner.
Paraphrase This Document
Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
References Baker, M.A. and Magnini, V.P., 2016. The evolution of services marketing, hospitality marketing and building the constituency modelforhospitalitymarketing.InternationalJournalof Contemporary Hospitality Management,28(8), pp.1510-1534. Chandiok,S.andSharma,P., 2017.HospitalityMarketing: StrategicIssues.InStrategicMarketingManagementand Tactics in the Service Industry(pp. 213-242). IGI Global. Desai, S.S., 2013. An Analysis of the Competitive Marketing Strategies of the Hospitality Industry in UAE.IUP Journal of Management Research,12(1).