The Victoria Hotel: Service Marketing and Strategy Report
VerifiedAdded on 2023/01/20
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Report
AI Summary
This report provides an analysis of service marketing strategies applicable to The Victoria Hotel, focusing on the implementation of Software as a Service (SaaS) to enhance various aspects of the hotel's operations. The report explores the importance of SaaS in reducing costs, improving data management, and streamlining reservation systems, ultimately aiming to improve customer service and operational efficiency. It discusses key elements of service marketing, including cost per acquisition, churn rate, and monthly recurring revenue, and then delves into the application of the 7 Ps of marketing (Product, Price, Place, Promotion, People, Process, and Physical Evidence) within the context of the hotel. The report also highlights the use of external, internal, and interactive marketing strategies and concludes by summarizing the key findings and recommendations for improving the hotel's marketing approach. References to relevant sources are also included to support the analysis. The report aims to provide insights into improving services and maintaining business success in the hospitality sector.
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