This presentation explores the influence of various factors on consumer behavior and attitude in the hospitality industry. It also discusses how consumer trends are changing due to the impact of digital technology. The presentation focuses on the Rosewood hotel in the United Kingdom, a 5-star luxury hotel in London.
Contribute Materials
Your contribution can guide someone’s learning journey. Share your
documents today.
Hospitality Consumer Behavior and Insight (LO1)
Secure Best Marks with AI Grader
Need help grading? Try our AI Grader for instant feedback on your assignments.
Content Introduction Influence of various factors on consumer behaviour and attitude How consumer trends are changing due to the impact of digital technology Conclusion References
The healthy relationship between host and guest is considered as hospitality, where host welcoming and receiving the guest with compassion and kindness. Its aims is to assist, entertain and protect visitors or guest while travelling. Consumer behaviour is defined as the process of studying behaviour and attitude of someone while selecting, buying, using and disposing of goods, ideas, products, services and experiences to fulfil needs and wants. Rosewood hotel is one of the grand and gracious hotel of United Kingdom. It is a 5 star hotel of London which provides luxuries accommodations. Introduction
Definition of Consumer Behaviour Consumerbehaviourconsistof consumer activitiesrelated with the buy, use and dispose of the goods andservices.Itreferstothe marketingdecisionsbasedonthe knowledgeandassumptionsof behavioursandattitudesof consumers.
Paraphrase This Document
Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
Various factors that influence consumer behaviour Social factors :-One of the major importantfactorthatinfluence consumerbehaviouris considered the size of the family, income level, status in society, friends,colloguesandco- workers.
Continue… Cultural :-Culture refers to the learned behaviours,values,customsand beliefsprovidestocontrolthe behaviours of individuals as a part of society.Thesebeliefsandvalues influenceconsumer'sbehaviour. Social class of a person also affects in purchasing decision-making.
Continue… Personalfactors:-Theunique characteristicsofsomeone's personalitycomesunderpersonal factors.Forinstanceconfidence, aggressivenessanddominance.It alsoaffectsthebehaviourofa person while selecting or using of a product or service.
Secure Best Marks with AI Grader
Need help grading? Try our AI Grader for instant feedback on your assignments.
Continue… Psychological:-Motivation, attitudes & beliefs, learning and perception are considered in psychological factors that affectsconsumerbehaviour in a significant way.
How consumer trends are changing due to the impact of digital technology Increasing use of social media :-Information or digital technology changes the habits of people. Today's consumer uses social media platformsforidentifyingandanalysingtheratings,services, offerings and customer feedbacks of a organisation. Thus, it is very important for hospitality organisations to market and promote its products and services effectively. Rosewood London uses social media for communicating and promoting of its luxury offerings and attractive services.
Conclusion It has been summarise from this PPT consumer's process of taking decisions gone through different stages and it affected by different factors like social, cultural, psychological and some more. It is important for respective organisation to better understand these factors for satisfying needs of consumers. Marketers of company shouldusepropermethodsofmarketresearchtoknowand understand customer's expectations and needs for satisfying them.
Paraphrase This Document
Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
References Gibson, A. and O’Rawe, M., 2018. Virtual reality as a travel promotional tool: Insights from a consumer travel fair. InAugmented reality and virtual reality(pp. 93-107). Springer, Cham. Jauhari, V. ed., 2017.Hospitality Marketing and Consumer Behavior: Creating Memorable Experiences. CRC Press.