This report includes the whole marketing plan for Travelodge Hotel Company such as marketing SWOT for Travelodge and also the explanation of its marketing audits. It also highlights the three marketing objectives that Travelodge should set for enabling a leading brand.
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Table of Contents INTRODUCTION.......................................................................................................................................3 MAIN BODY..............................................................................................................................................3 1 Marketing SWOT for Travelodge.........................................................................................................3 2 marketing objectives.............................................................................................................................5 3 Examination of marketing mix plan......................................................................................................6 4 Travelodge can improve their level of customer service by considering various components..............8 CONCLUSION...........................................................................................................................................9 REFERENCES..........................................................................................................................................10
INTRODUCTION The Travelodge brand was established by the Scott King in 1939. It well-known itself as a affordable motel chain providing great accommodation at budget price than other lower chain by offering comfortable chain, carpeted floors, free room phones and TV, in-room pools and coffee pots. Travelodge is most recognized and fastest growing budget Hospitality Company in the UK. It is a private company working in the hospitality and hotel industry throughout the Ireland, United Kingdom and Spain. Travelodge is a biggest independent hotel brand and it has 570 hotels all over the UK. This hotel chain is employing approximate 6000 employees and more than 7 million visitors stayed there in 2010. It is a brand champion of consumers and its major focus on driving prices in the hospitality industry to inspire more people to use the hotels. This report will include the whole marketing plan for Travelodge Hotel Company such as marketing SWOT for Travelodge and also the explanation of its marketing audits. This report will also highlight the three marketing objectives that Travelodge should be set for the Enabling a leading brand. This report will also state about the marketing mix plan in order to achieve the objectives. This report will also highlight the how Travelodge can improve their level of client service as part of their Enabling a leading brand. MAIN BODY 1 Marketing SWOT for Travelodge Marketing SWOT include strength, weaknesses, opportunities and threats. Strength The strengths of Travelodge are their hotel room rates are affordable and it is very important factor in Travelodge. Its offers reasonable prices including prices for family with frequent social rate on special occasions. Travelodge runes many programs for premium customer such as Travelodge business account cared for all customer. This practice is also important in the hospitality industry and programs help for all customers to avail this facility. Travelodge includes many facilities more than 500 facilities in UK.It is main strength for Travelodge industry for United Kingdom (Kotler and et.al., 2018). Its many fascicules provided to customer and it making easy for loyal customer to find best place to stay anywhere in world. Travelodge is budgeting hotel foe all customer and promotion or deals are the best ways to attract all customers. Weaknesses Travelodge include wide range of services and products and its not provide all services such as room services, porter services to all customer. Travelodge its not provide customer with a many range of facilities and it is limited services provide to all customer to avail this facility. In hotel facility member is not avail more room and space so it is main weakness for Travelodge. As travelers place more value on experience and include various choices it is main issue of
Travelodge and this one main disadvantage for Travelodge hotel. Travelodge not fulfill all customer expectation and make feel unsatisfactory so it is main weakness for this organization. Industry to achieve this weakness and providing better swerves to all customers. This hotel discreetly implements on policy of overbooking and guest faces many risk of being turned law upon arrival after paying hotel deposit by customer in Travelodge. Much cause is affect on customer and among many customers is discomfort. Travelodge does not provide all facilities to all customer and customer services is limited in whole Ares of Travelodge. Opportunity Travelodge to expand their business abroad and being concentrated in many countries. Travelodge hotels are branded and have co-friendly relation among many customers. This organization includes many sustainable programs like Travelodge receive positive feedback from guest and maintain public image for this maintain programs. Travelodge is planing to go global to expand this market and gain more profits (Keegan., 2017). It reinforces and reputation plan to be organizes by Travelodge for all customers and achieve many advantages for all customer. This organization to plan globally expands the market. opportunity include many new participate with the new partnership band its increase the company reputation of the hotel industry as well as smart marketing motive to achieve for Travelodge organization. Threats Travelodge is very limited international presence in market. And is focus only on the United Kingdom and Ireland market. Hospitality is a very competitive sector in market and includes many participants with offering a large range of products from 1 star to 5 star hotels in countries. Economic growth is 2.2 percent and tourist might become vey less confident with the future income for organization. Most foreign tourist not now about Travelodge and it’s choosing a more familiar brand name in countries. It is established more reputation in home country so it is main threat of Travelodge (Deepak and Jeyakumar., 2019). Travelodge currently exist one in UK and Ireland and it is not show any feature to increase on inter4nationm shores in market. Travelodge is recent many terrorist attacks and more tension arose leading to security level across the United Kingdom and limiting people's movement and lower the demand for all services for Travelodge. Marketing audit of Travelodge Marketing audit is the analysis of various suppliers, customer, competitors, market intermediaries and publics and it is audit of all factors for Travelodge. Many market competitors for Travelodge hotel and it is international part of all hotel groups so it is essential for the requirement of audit in all places. Travelodge is also a globally expand the market and United Kingdom operation many hotels (Hollensen., 2019).The supplier is main role of Travelodge hotel and many advantages for independent hoteliers in budget hotel sectors for all customers and this mean rooms have ascertained homogeneity.The main supplier has provided 30000
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rooms and it is relation between many firms for Travelodge. Travelodge supplier is also contacted for holiday rooms and which show the difficulty it is diversify design so it is conducted audit according to the Travelodge. Marketing audit is essential part for all hotel industry and its achieve many objective for all customer demand for hotel facility. Market is becomingincreasinglyeasyforcustomerstocomparepricesandservicesbecausemare intermeddles in market. Market intermediaries are important in Travelodge and identified many deal with travel agency.Marketing plan is important for Travelodge and it is unidentified the customer needs according to the market situation. 2 marketing objectives Travelodge should have to set the effective marketing objectives for the Enabling a leading brand. The organization must focus on these marketing objectives such as profitability objective, promotional objective, growth objective and market share objective (Haider and et.al., 2017). The top three marketing objectives that Travelodge should be set for the Enabling a leading brand such as: Build brand awareness Launch new products or services Enhance Customer relationships Build brand awareness First of all, the organization must have to take necessary actions to develop brand awareness with the use of many sources. It is essential for any organization to promote their brand of great recognisition in whole market. It assists the Travelodge to recognize by many potential clients or customers and accurately associated with a specific service or product. Brand awareness plays a major to expand the organization’s business globally. It is significant when launchingnewservicebytheTravelodgeanditalsodrivescustomer’sdecisionswhen distinguishing between many competing organizations (Chernev., 2018). It inspires for repeat purchases and assists to an enhance in market share and increased sales and revenue. Enhance customer relationships TheTravelodgeshouldhavetogivetheirmajorconcernonenhancingcustomer relationships.Strongcustomerrelationshipsarenecessarytobusinesssuccess.Whenan organization creates powerful relationships with their clients, it can lead to potential and loyal customers and enhanced sales. It is very essential to become a leading organization. The strong relationships are developing to making the customer feel important. Customers are the main pillar of success of an organization. The best customer relationships help the Travelodge to improve their recognition in the entire market and also provide a great assistance to build their effective brand image. Travelodge should have to set up a best ways to communicate with their
clients and also serve additional perks for their most potential and loyal customers. To increase the powerful client relationships, they should have to take efficient actions to offer great customer services (Shaw., 2016). Launch new products or services The Travelodge should have to involve in their upcoming plan is to launch new products and services to improve the customer services. This marketing objective plays a crucial role in developing as the best leading brand in the hospitality sector. Implementing the unique and effective amenities increase the customer satisfaction and also promote organization’s brand image. 3 Examination of marketing mix plan Marketing plan is important for relation to Travelodge and developed is growing company United Kingdom. To achieve the marketing objectives of Travelodge, marketing mix plan plays a main role.For the successful marketing depend on number of key points and it includes 7Ps product, price, place, promotion, process, people and physical evidence. It is important for Travelodge. Product\ services Travelodge product defines the goods and services a business sell to its company potential customer. The product must be capable of fulfilling and resolving the all requirement of the whole customer in market. Products are dived into many levels such as facilitating, supporting and core products in market. Core product is bais form of a product and product are main reasons for all costumers purchasing from a business in Travelodge.Facilitating product includes many services that assist to customers in consumption product and it includes many facilitating product such s online reservation facilities and customer services.Supporting product include services and product that are offered in to obtain many advantages for the business of Travelodge.Produce service include many offered services room booking, Wi-Fi internet, restaurant and meeting and events organizes by Travelodge. Place The main aim of Travelodge is making available the services or product to consumer when, how and where they are prefer them and it is main part fro organization.Analyzing the world areas where the customers look the product and services. Travelodge operating many rooms in world areas and territories (Visconti, Peñaloza and Toulouse., 2020). Company serves effective platform for many hotel services distribution and with a wide range of features providing to customer such s booking, panning event, and schedule meeting. Place affect many factor such tourist place, strategic location are essential part for Travelodge. Price
This strategy is used by all business and it is main part fro Travelodge industry. It includes many pricing strategy such s economy, premium pricing strategies, penetration and skimming.Economypricingstrategyincludesmanysellingproductofmainfeaturesof providing to consumer with low budgets.Penetration pricing strategy involves offering high quality product and services in reasonable price. Skimming pricing strategy is opposite to penetration and it is higher prices levels than the competition in market. Premium pricing strategy includes high; price of services and product. Price is very changes vary from hotel to hotel. Price is essential factor for Travelodge and it include different price for hotel room according to the requirement of customers (Olson and et.al., 2018). Promotion The element of promotion in the marketing mixes the advertising and events to support the many products and survives in Travelodge. Many strategies to promote in the market and kit play a main role in organization. Promotion includes many factor media report, social media and travel assistants is main marketing mix of Travelodge. Promotion is main factor for marketing mix and includes many activities related to the promotion serves and product for hotel industry. Process The processismainpartfor Travelodgeand isanintegratedbuyingexposure. Travelodge process includes much service for the customer in hotel industry and it is delivered to the end customer. It includes many service such as consuming services, payment related services process for all customer, stay in hotel process and cheek out process in Travelodge. People People are main factor in hotel services and service delivery process is inseparable from the Travelodge person providing it.Customer service training for all staff has become a main priority for many organizations for today (Shiu., 2017). It is essential part for Travelodge industry.People are very important factor in the 7Ps and its services trend to consume and produced at the same time for all consumers in Travelodge.The behavior of people is essential in determining the experience of the all customer in market. People are essential part for Travelodge and it’s improving all services. It’s provided better services to all customers to avail many facilities for Travelodge organization. Physical evidence Travelodge before the services is experienced is first priority to be delivered. It’s the process of choosing to use many services might to be; perceived.It reduced in uncertainty in market so physical evidence such as used in Travelodge. The physical evidence by Travelodge organization should be able to confirm the assertions of the all customers in market. It not possible for the all customer to experience the hotel services before they have purchased, the all
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customer can talk to many other customer with great experience (Ellram and Murfield., 2019). 4 Travelodge can improve their level of customer service by considering various components Travelodge should improve many customer services and improve the quality of services. A successful hotel mangers need to be confident in any situation of hotel and to respond appropriately. Travelodge hotel to all customers is like a VIP and kit is essential factor for hotel industry (Quelch., 2017). Many training is provided got the staff according to the requirement of customer and not just a onetime event to be organized so it is improve customer services. Performance management system is to be improved by training provided to all staff in hotel. Performance management services are uses visual recognition technologies and to improve the customer services in Travelodge. Travelodge provide personalizes customer services and support many technologies that for just in time training can be used to provide personalized customer services at the best level.Travelodge use many modern technologies and it is helps for all customers to avail this facility. Customer issue addressed efficient and quickly and take many measureoftoimprovecustomerserviceperformance.Manymeasuresaretotakeby organization to improve the better services provided to the customer. Hotels' overall performance is improved by Travelodge and to take vacations of staff to provide better services to the all customer. Travelodge offer many self-service options through mobile app and it are improved customer services. The best hotel mobile apps include many options for guest to manage all booking online through mobile app so it is important customer services provided by the Travelodge (Gupta and Rajan., 2020). To utilize cashless payment systems in organization and to achieve guest experience for utilize these services. Cashless payment is more convenient for hotel and guests for providing customer services.Travelodge hotel providing innovative technology to upgrade meeting for all customer in hotel.Travelodge provide many customer services for the improvement of this facility. Travelodge’s pricing strategy is important factor for analysis it is establishes the law pricing strategy.The pricing should affect the peak and off-peak demand for Travelodge industry.Travelodge can improve many services provided to the customers and achieve many objectives for helpful for all customers.Travelodge is provide many services and product for demand of customer such as provide family room, double room and special guest room for handicapped people in Travelodge hotel. Many technologies are included by Travelodge for all customer services in hotel and this technology is helpful for all guests. Ethics and sustainability are major part of Travelodge industry and is define all factors for hotel. Ethical consideration includes many accommodation providers to customers and manger has provided better services to customer in Travelodge (Johnsen., 2018).Travelodge actively participate many practice and educate is employees about implication for improve customer services. Travelodge includes many factor is affect the improvement of product and services provided to all customers. Sustainability has major component of Travelodge and kits include many sustainable
manner for hotel industry. It is manger all facility according to the requirement of customers and providing a lending brand in the whole world in market. Ethic and sustainability has major part for organization and to conduct ethically manner so it is helpful fir Travelodge customer. Travelodge has inserted many new facility and product to avail customers and it is essential factor for organization.its improve many services such as create a positive start for new employee and provide personalized customer services so it is very important for all customer. Organization updates new technology for all se3rviecs. to improving service quality management for the establishment of encourage agent feedback and takea team approach to eliminate bias for all customer services is improvement under Travelodgetraveling customer service is main part because its increase customer loyalty and increase the amount of mainly spend with in business (Chonko and Hunt., 2018). Travelodge provides internet services enable the company to develop better relationship with all customers and increase the many services related to avail this facility for all customers.It is understand the customer care about storage and use of many services as part of continual program, of customer service improvement and enable lending brand in whole areas. .many online service provided to the Travelodge customer and it is helpful for achieve many services. It is improve the customer services to provide new technology in market and to enable the lending brand in whole world for Travelodge organization. Hotel avail many facility provide to the customer services and to improve the performance of all factor is included in Travelodge industry. CONCLUSION From the above report, it is concluded that for the development and growth of a hotel company, the effective marketing management plays an important role. Marketing management helps the company to identify their external and internal factors that can directly or indirectly affect the company’s operational activities and performances. It is very essential for a hotel industry to set best marketing objectives in their marketing plan. Marketing objectives provides suitable guidelines to achieve the business goals and objectives in a very great manner. It also assists the Travelodge to speedily establish itself as one of the leading brand in the all budget hotel companies and market. Marketing mix plan offers recognition regarding many factors such as hotel’s price, process, promotion, people, product or services etc. After identifying all these factors, hotel can take effective actions to set up and improve these factors. It is also summarized that Travelodge can improve their customer servicers by focusing on various elements such as updating technology toolbox, treat their visitors like a VIP, offer personalized customer service, take necessary measure of their client service performance. The other amenities like offer complimentary services and freebies, reward repeat guests, provide multiple communication channels to the guest such as texting, FB messenger, voice etc. also plays a huge role in rising the customer services. Customers are the main base of the success of any business. So that Travelodge should have to take necessary concern on the enhancing the customer satisfactions. All these factors grow the Travelodge as a leading brand in the hotel company.
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