Stayok is a new hostel and dormitory in the city that aims to provide an enjoyable and memorable stay for travelers. It offers affordable accommodation with friendly staff and amenities like a library, common room, and WiFi. The hostel targets backpackers, foreign tourists, students, and young travelers seeking budget-friendly options to meet other travelers. It plans to convert existing rooms into mixed and female-only dorms with 4-8 beds each to accommodate around 25-30 guests initially. The hostel aims to differentiate itself through its outstanding low prices and unique amenities like free Internet, breakfast, and security.
Stayok is a new hostel and dormitory in the city that aims to provide an enjoyable and memorable stay for travelers. It offers affordable accommodation with friendly staff and amenities like a library, common room, and WiFi. The hostel targets backpackers, foreign tourists, students, and young travelers seeking budget-friendly options to meet other travelers. It plans to convert existing rooms into mixed and female-only dorms with 4-8 beds each to accommodate around 25-30 guests initially. The hostel aims to differentiate itself through its outstanding low prices and unique amenities like free Internet, breakfast, and security.
Stayok is a new hostel and dormitory in the city that aims to provide an enjoyable and memorable stay for travelers. It offers affordable accommodation with friendly staff and amenities like a library, common room, and WiFi. The hostel targets backpackers, foreign tourists, students, and young travelers seeking budget-friendly options to meet other travelers. It plans to convert existing rooms into mixed and female-only dorms with 4-8 beds each to accommodate around 25-30 guests initially. The hostel aims to differentiate itself through its outstanding low prices and unique amenities like free Internet, breakfast, and security.
Utkarsh jaiswal(25) Vishal anand das (26) Vividha (27) Welcome to Stayok, , the newest, brightest and charming hostel cum dorms in the city. Our friendly and knowledgeable staff are on hand to assist you in making your stay an enjoyable and memorable one, whether you are going out or staying in! You will never be bored at stayok!!, CONTENT OUR WEBSITE INTRODUCTION This business provide This business provide them residential facility to accommodation for one, students and backpackers, two or more days, as per who come across to travel and explore the beauty of requirement ofindividuals. nature at places . This business provides a service of room to stay, breakfast, free Wi-Fi access ,small library to do study, common room for chat, and hygienic washrooms MARKET FOR STAY OK TARGET CUSTOMERS: Low-cost leisure travelers Preference for budget accommodation Backpackers & An emphasis on meeting other travelers flashpakers An independently organized and flexible Foreign tourists travel schedule College and school The concept is pretty popular, students especially among young travelers, who move out of their native places to Bachelors employee explore the world. STRATEGIC CONCEPT We realized the potential in the hostel business noting the remarkable business success and the laid-back atmosphere a hostel has to offer. Hostels are essentially a cheaper form of a hotel, offering private rooms or the most common option: buying a bed in a dorm room. By renting a bed, the customer ultimately pays a lower cost while still having the ability to enjoy the benefits of a hostel. PLANNING We will convert the rooms into dorms and The hostel is equipped with a good range of each room will have 4 to 8 mixed dorms and facilities including a modern self-catering kitchen, female only dorms depending upon the size a TV / Film lounge, a laundry room and to list of rooms. many other facilities as follows:- In a first phase of launch we are planned to A comfortable stay have at least 25 to 30 beds In a property Safety what we planned for, But after operating 2 24 hour reception and staff year in a respective field we will shift to Free safes and luggage lockers in every room another similar destinations. Free linen and beds which are premade Hygienic washrooms Pick and drop facility on demand at nominal prices. Reading, conservatory and quiet rooms Washing and drying facilities available Souvenirs and toiletries sales at reception Female only dorms will also be available MARKET FEASIBILITY AND VIABILITY The plan is to convert an existing building into a hostel, which will keep building costs to a minimum. The hostel will feature private rooms as well as shared rooms. We will charge more for the private rooms than for the shared rooms A full kitchen will also be available to patrons, equipped with all of the essentials to make and serve a meal, such as pots, pans, dishes and basic spices. Initial capital needed to develop the hostel will be fairly high due to the fact that a building will have to be bought and renovated to fit the needs of the business, and supplies will have to be bought. WORK BREAK DOWN Target place STAY OK Popularly known as the Devbhumi Land of the Gods, Himachal Pradesh is a beautiful hill state in India, nestled in the north-west region of western Himalayas. The state is landlocked with the Tibetan plateau to the east, Jammu and Kashmir to the north, and the Punjab to the west. The state stands apart from its neighbours in terms of its sheer topographic diversity. From vast tracts of high-altitude Trans- Himalayan desert to dense green deodar forests, from apple orchards to cultivated terraces, from snow capped high Himalayan mountain ranges to snow fed lakes and gushing rivers, Himachal Pradesh offers breathtaking pristine beauty. Growth in total number of tourists visiting Himachal Pradesh The performance of Himachal Pradesh in attracting tourists has been better than the average growth in number of tourists across India. However, the current rank of 13 in terms of number of tourists visiting the state in 2010 indicates that there is further potential which may be leveraged by showcasing the state as an important tourist destination. Average bed nights spent in Himachal Pradesh by foreign tourists The average bed nights spent in Himachal Pradesh by a foreign tourist in 2011 is just 1.2 highlighting that the avenues of entertainment for these visitors need to be increased as well as communication program around them need to be reinforced to make tourists stay longer. Although foreign tourists comprise less than 3 percent of the total tourists in India, they constitute 17.8 percent of travel and tourism contribution to Indias GDP1 Seasonality in tourist inflow in Himachal Pradesh Tourist inflow at major destinations in Himachal Pradesh COMPETITIVE ANALYSIS DIFFERENTIATION STRATEGY When setting up our marketing plan for our hostel we have taken in some key elements that will help differentiate our hostel from other hostels among the shimla. One of our most important marketing plans is our outstanding low price. Many local hostels in the shimla have rates range from Rs 700 Rs 1000 a night. Stay ok will charge only Rs 400-Rs500 a night. We believe in keeping the low hostel price alive by choosing to provide our travelers with this great rate . Some unique features that help differentiate our hostel from our competitors as well as hotels is the: free Internet, WI-FI, coffee, tea, a book exchange, pancake breakfast and our front security gate. These things will help keep us competitive. S.W.O.T ANALYSI S STRENGTH WEAKNESS OPPORTUNITIES THREATS WORKING MODULE Handpicked Reliable Greeters and Experience Providers Each experience showcased on Stay Ok is facilitated by Greeters and Local Experts who have been selected and vetted through a stringent process, so you get to meet and interact with reliable local people.
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Once you've booked the experience, you will have access to expert inputs from local greeters to ensure you have everything you need. SURVEY CONDUCTE D MARKETING & PROMOTION We believe direct marketing to be a strong source of survival for us Another main and very important way we will reach our customers is through our hostels website and social media. Creating poster, business cards, and various other merchandise like key chains or a pen will also be great for our guests to take along with them on their journey. will have is sending our brochures to other hotels and various tourist spot along the city. TEAM STAY OK hostel will be formed into a partnership LLC, consisting of four owners. The reason for a partnership LLC is simple. With four owners for the hostel, risks and responsibilities will be smaller for each owner as opposed to one owner assuming all the responsibilities. THANKYOU BIBLIOGRAPHY http://www.kpmg.com/IN/en/IssuesAndInsights/ThoughtLeadership/ Tourism-in-himachal-pradesh.pdf https://www.wysetc.org/wp-content/uploads/2015/01/Industry- Review-No.-5-Executive-Summary.pdf www.hostelworld.com www.zostel.com