Hotel and Hospitality Management Report 2022

Running head: HOTEL AND HOSPITALITY MANAGEMENT
Hotel and Hospitality Management

HOTEL AND HOSPITALITY MANAGEMENT 2
Business report
Identify the organization's competitors
There are two main competitors of Regent park resort such as hotel supreme Sylhet and hotel
holy gate. These competitors provide a differentiated experience to customers like providing
modern hotel experience in an urban atmosphere. In opposed to this, it is identified that Regent
park resort provides a historic development with nature and modern three-star resort services
(Fitzsimmons, Fitzsimmons, & Bordoloi, 2014).
Identify the organization's core competencies
It is addressed that suppliers available in dominant place can decline the margin hence regent
park resort can acquire the product at minimum costs from the organization. Along with this,
Regent resort always makes efforts for developing an effective market share for its own
(Bhavani, 2013).
Competitive service strategies
There are some competitive services strategies like differentiation, cost leadership, and focus.
Under cost leadership strategies, certain aspects are considered such as focusing on low-cost
consumers and standardized consumer services as well as, reducing networking expenses. Under
differentiation, some elements are focused on reducing personal component in service delivery
and reducing perceived uncertainties (Gürlek & Tuna, 2018).
Porter’s five forces analyses
Porter’s Five Forces Model relies on some factors such as the threat of substitutes, potential new
entrants, bargaining power of buyers and suppliers as well as, potential new entrants.
SWOT analyses