Concept explainers
Case summary: The hotels have proposed to target the Millennials with their new amenities. With a quick change in technology and innovations, the hotels have started to upgrade themselves by providing latest facilities to the customers in order to attract younger guests. The hotel chains have made all possible ways to attract the customers forgetting about their budget. Some facilities are plush furniture, stylish bars, and place for socializing.
They have additional added gyms, free wine and tea tastings, chick-in kiosks, high speed Wi-Fi access. Post the usage of social media sites such as Site T and Site F, there has been an increase in customer preferring travel and accommodation. The hotel business' push to attract a group whose travel spending has risen quickly. The business has made some amazing progress from putting chocolates on visitors' pillows around evening time.
Characters in the case: Hotel H, Hotel S, Hotel M, Hotel IC, Site F, Site T, Site G and Site Y.
To Discuss: The reasons on hotel chains see millennials as critical to their financial growth.
Introduction: Marketing is an activity, set of organizations and procedures for making, collaborating, conveying, and trading contributions that have value for clients, customers, accomplices, and society in general. Marketing strategy is a practice that is designed to enhance sales and achieves sustainable competitive advantage.
Want to see the full answer?
Check out a sample textbook solutionChapter 2 Solutions
Contemporary Marketing (MindTap Course List)
- How innovative concepts and approaches within hotel industry add valuearrow_forwardWhat is Nature of the Hotel Industryarrow_forwardCritically evaluate how external factors impact on current and potential trends and developments in the hotels using specific examples to demonstrate how the industry has developed in responsearrow_forward
- Why should the hotel industry be in operation 24/7and 365 daysarrow_forwardIn lodging industry, Describe three specific skills or resources you would use? How would you use them?arrow_forwardWhat are the challenges in the Lodging Industry, Hotel Industry of which affects the entire Tourism industry and the economy in general. Give concrete examples and discuss briefly.arrow_forward
- Assess different classical management theories and apply these in a hotel industry contextarrow_forwardWhat are the advantages and disadvantages of Rebecca Minkoff operating its own stores and e-commerce business as well as selling products wholesale to hundreds of other retailers?arrow_forwardLuxuries are non-essential pleasures. Without food, shelter, and water, most people die. Many Americans install indoor plumbing and electricity. Many people need internet access. Must it? What about non-internet users? How will the internet connection requirement affect online company growth?arrow_forward