Professional Documents
Culture Documents
Segmentation
• Based on benefits.
• Based on lifestyle
Targeting
• HIG customers(full nest 1 ,full nest2 and empty nest)
Positioning
• Special festive celebration(new year, Christmas)
• The afternoon tea(Plam Court)
• Rich, royal, grandeur
• Period- historic style of interiors.
• Louis xiv
SWOT ANALYSIS
STRENGTH
• Business alliances
• Lucrative location
• High quality services
• Innovative services
• Reputation
• Strong brand
• Equipment
CONT
WEAKNESS
• Not open to any offers provided by the
partner group
• Formal dress code
• Cancellation charge
• Limited space
• Not for all class of people
• Lack of international operations
• Lack of online presence
OPPORTUNITIES
• Entering new markets
• Expand customer base (Geographically or
through new products
• Gain online/e-commerce presence
THREATS
• Change in consumer lifestyles
• Exchange rate changes affecting
imports/exports
• New competitors entering the market
• Market slow growth or decline
PESTEL ANALYSIS
ISSUES
POLITICAL
The govt is very pro-tourism.
The government is providing training grants
for hotels to help upgrade its workforce
The government is also lobbying for business
to increase tourist arrivals actively overseas
“War On Terror” is a negative impact on
hotel industry.
ECONOMIC
Due to competition in the industry, many
players had to slash prices and had caused a
mini price war
It cannot generate profits during economic
slow down.
Service sector makes up to 73% to country's
gdp
SOCIO CULTURAL
ritz rely heavily on the local market for
their banquet and food and beverage
revenue to our advantage as we are
considered a prime location to dine and to
hold events
Weddings are a huge part of our revenue.
“Changes in social trends can impact on the
demand for a firm's services and the
availability and willingness of individuals to
work.”
CONT
TECHNOLOGICAL
Few suggestions…….