Factors Influencing Consumer Behavior in Hospitality Sector
VerifiedAdded on 2023/01/06
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Report
AI Summary
This report delves into hospitality consumer behavior, examining the various factors that influence customer decisions, including social, personal, psychological, and cultural elements. It highlights the significant impact of digital technology on consumer trends, such as the increased use of social media, online bookings, and customer reviews. The analysis emphasizes how these digital changes affect customer expectations and preferences, with a specific focus on the Waldorf Hilton as a case study. The report underscores the importance of understanding and adapting to these changes to enhance customer satisfaction and improve a company's reputation. By considering customer needs and preferences, the hospitality sector can achieve maximum profitability and overcome challenges. The report concludes by emphasizing the use of research methods like questionnaires, feedback, and surveys to understand customer perspectives and map effective strategies for success.
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