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MARKETING PLAN FOR TRAVELODGE Executive summary The organization that has been discussedisthispresentreportis Travelodge.Thisisahospitality organization which is second largest in the budget hotel sector having more than 32,600 rooms across the world. The organization has already a strong holdonpresentmarketaswellas customersegment,throughthispan they will attempt to reach out to the fresh and relatively untapped segment in the world. Company overview It is a third largest hotel chain in the UK by the 32600 numberofbedrooms.It providesaccommodation, travelling, lodging and fooding facilities to the customers. SWOT analysis Strengths One of the major strengths of the Travelodge is presence in the right location. They have high synergies amongst stakeholders. Weaknesses Lack of training among employees Lack of mixing among market policy and organization policy Opportunities They can adopt an online service for delivery of products Go global Partnership with international firm Threats New entry in the market Lack of talented employees Lack of financial support. External analysis It includes those factors which can affectsthebusinessfromoutsidethe environment. The factors includes - Political Political stability and importance of Lodgingsectorinthecountry's economy Bureaucracyandinterferencein Lodging industry by government Economic Government intervention in the free market and related Services Inflation rates Social Demographics and skill level of the population Culture(genderroles,social conventions etc.) Technological Impact on cost structure in Lodging industry Impact on value chain structure in Segmentation Travelodge’ssegmentationtargetingand positioningreferstowaysinwhichthe organization chose to provide the services to and give position to the services to fulfil the needs and aspiration of these individuals in the best possible manners Targeting Targeting refers that which will be the target customers of the Travelodge. They have to find the most attractive area which helps them to maximize their profits. Positioning Positioningreferstotheplaceatwhich Travelodge will going to target the services from where they can reach the most valuable customer segment REFERENCES Ottman, J., 2017.The new rules of green marketing: Strategies, tools, and inspiration for sustainable branding. Routledge. Babin, B.J. and Zikmund, W.G., 2015.Exploring marketing research. Cengage Learning.