Strategic Management Analysis: Hyatt Regency and Its Competitors

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This report provides a strategic analysis of Hyatt Regency, an international hospitality company. It begins with an overview of Hyatt, including its history, global presence, and key operational aspects. The report then conducts a competitive analysis, identifying key competitors such as Accor Hotels, Four Seasons, and Hilton Hotels, and compares their products and services using a positioning map to illustrate customer perceptions. The analysis further examines Hyatt's market position, business strategies, and growth within the international hotel market, including its mission, vision, and goals. The report also provides a detailed look at Hyatt's differentiating features and strategic management approach, supported by relevant references to industry research and reports. This analysis aims to provide a comprehensive understanding of Hyatt's strategic approach to the hospitality industry.
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Strategic
Management in
International
Hospitality
Hyatt Regency
Student Details:
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International hospitality company having 55+ year
history with a long-term strategic management focus
Having more than 587 properties worldwide
Having presence in 50 countries including various
key gateway cities
Franchisor, Owner and Manager
Having multiple earning tools and strong balance
sheets
Own 97,000+ associates with an experienced
management team (Hyatt, 2019)
Hyatt: an
Overview
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Hyatt’s three competitors are Accor Hotels,
Four Seasons and Hilton hotels (Nickson,
2013).
Competitive Analysis
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By using positioning map, evaluating the threats of above said
3 competitors we compared their products and services and
results are:
Competitive Analysis contd.
Compari
son
factor
Hyatt
Regen
cy
Accor
Hotels
Four
Season
s
Hilton
Hotels
Rooms best better good better
Service best best good best
Location best best best best
Atmosphe
re, layout
and décor
best best good good
Amenities best best better better
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By using positioning map identification of
relative positions of the Hyatt Regency among
its key competitors has been done (Bhavani,
2013).
The positioning map is the diagram drawn for
illustrating the customer ‘s perception of the
Hyatt Regency business' offering
Based on quality, price, or rest product
benefits positioning map has been created
(Buhalis & Crotts, 2013).
Positioning Map
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Positioning Map
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Positioning Map of Hyatt is the base of its competitors’ analysis.
The competitors chosen are:
Brand A: Accor Hotels; position- I quadrant of the map
Brand B: Hilton Hotels; position- I quadrant of the map
Brand C: Hyatt Regency; position- I quadrant of the map
Brand D: Four Seasons; position- IV quadrant of the map
Brand E: Starwoods; position- IV quadrant of the map (Woo Gyon
Kim & Hyun, 2008).
Positioning Map (PM)
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The supportive data for the created PM are shown below:
Hyatt is an international
hospitality platform which own:
High-quality hotels
Multi-located desirable markets
Great operating leverage
Experienced Management Team
Strategic hospitality management
(Morphew, 2009)
Positioning Map
contd.
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Hyatt Regency is leading the international hotels
market and growing their business exponentially.
Hyatt is considerably enhancing their presence within
attractive markets all across the globe (Hyatt, 2019).
Increasing no of hotels while concentrating on sites
Developing new hotels while converting existing ones
Focusing on franchises and offering lower prices
Acquiring other hotel brands for expanding own
presence worldwide
Business and Market
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Mission of Hyatt Regency: to offer an authentic
hospitality through providing a difference in
the daily lives of the people (Hyatt, 2019).
Goal is to become the most preferable hotel
brand internationally within every segment
Vision: proving a world of care and
understanding
Unique differentiating features: integrity,
respect, humility, empathy, creativity, and fun
while delivering best quality worldwide.
Mission, Vision and
Goals
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References
Bhavani, M. (2013). Customer’s expectations of hospitality servicesa study on five star hotels in
Hyderabad city.
Journal of Management and Science, 3(4), 16-22.
Bowie, D., Buttle, F., Brookes, M., & Mariussen, A. (2016).
Hospitality marketing. London: Routledge.
Buhalis, D., & Crotts, J. (2013).
Global alliances in tourism and hospitality management. LOndon :
Routledge.
Enz, C. (2009).
Hospitality strategic management: Concepts and cases. UK: John Wiley and Sons.
Hyatt. (2019).
OUR COMPANY. Retrieved from Hyatt: http://investors.hyatt.com/investor-
relations/our-company/default.aspx
Nickson, D. (2013).
Human resource management for hospitality, tourism and events. London:
Routledge.
Senior, M., & Morphew, R. (2009). Competitive strategies in the budget hotel sector.
international
journal of Contemporary Hospitality Managemnt, 2(3).
Woo Gon Kim, B., & Hyun, J. (2008). Multidimensional Customer-Based Brand Equity and Its
Consequences in Midpriced Hotels.
Journal of Hospitality & Tourism Research, 32(2), 235-
254.
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