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Customer Retention Policy and Satisfaction Level - A Case Study of Hilton Park Lane London

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Added on  2023-01-19

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This research project focuses on studying the customer retention policy and satisfaction level in the hotel industry, with a case study of Hilton Park Lane London. It aims to identify factors that impact customer retention and satisfaction, examine the interrelations between retention and satisfaction, and develop strategies for an effective retention policy. The study includes a survey of 40 respondents and qualitative data analysis techniques.

Customer Retention Policy and Satisfaction Level - A Case Study of Hilton Park Lane London

   Added on 2023-01-19

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Submission Front Sheet
Unit Title and Number: Research Proje0ct (Unit-4)
1
Customer Retention Policy and Satisfaction Level - A Case Study of Hilton Park Lane London_1
TITLE: “To find out the customer retention
policy and satisfaction level. A case study of
Hilton Park Lane London.
Customer Retention Policy and Satisfaction Level - A Case Study of Hilton Park Lane London_2
ABSTRACT
Present research project is based to study the various policies that can be used by
organisations to retain the employees for long time period. Employees play a crucial
role in success of an organisation so it is essential for every enterprise to keep them
satisfy in order to sustain in market for long run. Further, satisfaction of customers is
another most important element for a business enterprise to achieve success. It is
essential for all organisations working in hospitality sector to offer better and quality
services to its clients to satisfy them. Present study has been focused on the objectives
like To identify factors that impact on customer retention and level of satisfaction within
hotel industry. To examine the interrelations between customer retention and customer
satisfaction in hotel industry. To develop strategies for effective customer retention
policy that can be adopted by Hilton Park Lane London. Also the study conducted
survey from 40 respondents which is helpful to get the productive outcomes and growth.
In order to analyse study study has been taken qualitative data analysis techniques. At
the end of the segment. The final report is been recommend that the Hilton Hotel will
focus more about employees well being in order to retained company profit.
3
Customer Retention Policy and Satisfaction Level - A Case Study of Hilton Park Lane London_3
Customer Retention Policy and Satisfaction Level - A Case Study of Hilton Park Lane London_4
Table of Contents
ABSTRACT....................................................................................................................................3
CHAPTER 1....................................................................................................................................5
Introduction ...........................................................................................................................5
Background of the organisation .............................................................................................5
Research aim..........................................................................................................................6
Research objectives................................................................................................................6
Rationale.................................................................................................................................6
CHAPTER 2....................................................................................................................................7
The literature review...............................................................................................................7
CHAPTER 3..................................................................................................................................10
Research Methodology..................................................................................................................10
Introduction..........................................................................................................................10
Data collection Procedures...................................................................................................10
Sampling ..............................................................................................................................11
TOPIC: Customer retention policy and customer satisfaction......................................................11
CHAPTER- 4.................................................................................................................................11
DATA ANALYSIS........................................................................................................................11
4.1 Thematic Interpretation..................................................................................................11
CHAPTER- 5 Recommendation & Conclusion ...........................................................................22
5.1 Conclusion......................................................................................................................22
5.2 Recommendation............................................................................................................24
REFERENCES..............................................................................................................................27
APPENDIX ...................................................................................................................................29
1. Time-frame.......................................................................................................................29
5
Customer Retention Policy and Satisfaction Level - A Case Study of Hilton Park Lane London_5
CHAPTER 1
Introduction
Today, competition has become intense both at domestic and international level,
where in order to gain competitive advantage every company seek to gain high
retention of customers for longer period of time (Bowie and et. al., 2016). This would
help in earning high profitability as well as getting a strong position at competitive
marketplace. The present research is going to analyse the customer retention policy for
hotel industry and the level of satisfaction organisations can gain via offering better
quality of products and services. For this purpose, case analysis is done on Hilton Park
Lane London, to identify how respective organisation works on enhancing its customer
satisfaction.
Background of the organisation
Hilton Park Lane London is one of the branch of Hilton Hotel which is situated on
Park Lane in London. It has established in 1963, having 28 storeys including more than
453 rooms. Under UK Business Traveller Magazine, it is known as one of the best hotel
in UK that offers best quality of services to customers (Nankervis and et. al., 2016). Due
to one of the incident which was happened in 2011, that is a fire broke out in the kitchen
of this hotel. According to BBC news, that time more than 1500 guests were evacuated,
Customer Retention Policy and Satisfaction Level - A Case Study of Hilton Park Lane London_6
but with the help of fire-brigade, the fire was controlled and there were no major injuries
happened (Fire at Hilton Hotel in Mayfair tackled by London crews. 2011). But it had
threatened many travellers and tourists due to which, this hotel failed to gain retention of
them for longer period.
Research aim
This paper main aim is “To analyse how customer retention policy helps in
exceeding the satisfaction level of customers. A case study of Hilton Park Lane
London.”
Research objectives
To identify factors that impact on customer retention and level of satisfaction
within hotel industry.
To examine the interrelations between customer retention and customer
satisfaction in hotel industry.
To develop strategies for effective customer retention policy that can be adopted
by Hilton Park Lane London.
Rationale
To increase research skills and enhance knowledge about policies made by hotel
industries to gain retention of their targeted audience, researchers have chosen the
present topic. For this purpose, they will use both primary and secondary research
techniques to gather relevant information on given topic. Furthermore, recommendation
for developing better policies to gain retention of customers will also be given to chosen
company.
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Customer Retention Policy and Satisfaction Level - A Case Study of Hilton Park Lane London_7
CHAPTER 2
The literature review
Factors impact on customer retention within hotel industry –
According to (Molly Galetto 2015), customer retention can be defined as a policy
or an action taken by a company to gain loyalty and retain its targeted audience for
longer period of time. In context with hotel industry, business of organisations dealing in
this sector are completely based on retention of their guests for longer period (What is
customer retention?, 2015). For this process, they generally take the concept of
customer loyalty and brand loyalty initiatives to influence guests towards services and
products. Traditionally, organisations in hotel sector focuses on expansion of business
only, but their concern is shifted towards customer retention which would help in earning
a number of benefits (Herjanto et. al., 2017). It includes engagement of customers with
business for long time, increase in productivity and performance of business for
enhancing their level of satisfaction, concern on development of skills and abilities of
staff members and associated people etc. All these process aid to increase reputation
and brand image of organisations.
As per the views of (Tag-Eldeen 2018), it has been analysed that there are
various factors that influence customer retention within hotel industry (Do you know the
factors that affect guest experience?, 2018). It includes cleanliness and hygiene, safety
and security measures, data protection, range of accommodation facilities, customer
services, relevant amenities, timely services and more.
Interrelationship between customer retention with customer satisfaction within
hotel industry -
Customer Retention Policy and Satisfaction Level - A Case Study of Hilton Park Lane London_8

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