The document discusses using conjoint analysis to determine optimal hotel room configurations and their predicted impact on market share. It shows 5 optimal product configurations that were determined based on attributes like room type, amenities, leisure options, and delivery methods. A table then shows the predicted market share for existing hotels in the area both before and after introducing each optimal product, demonstrating that the optimal products would capture around 0.2-0.22% of the market share.
The document discusses using conjoint analysis to determine optimal hotel room configurations and their predicted impact on market share. It shows 5 optimal product configurations that were determined based on attributes like room type, amenities, leisure options, and delivery methods. A table then shows the predicted market share for existing hotels in the area both before and after introducing each optimal product, demonstrating that the optimal products would capture around 0.2-0.22% of the market share.
The document discusses using conjoint analysis to determine optimal hotel room configurations and their predicted impact on market share. It shows 5 optimal product configurations that were determined based on attributes like room type, amenities, leisure options, and delivery methods. A table then shows the predicted market share for existing hotels in the area both before and after introducing each optimal product, demonstrating that the optimal products would capture around 0.2-0.22% of the market share.
Conjoint Analysis Optimal products Rest Room Bus Amenities Leisure Extras Delivery Optimal product 1 Small Suite Internet access Pool Fruit and cheese Restaurant Optimal product 2 Small Suite Speaker phone Pool Fruit and cheese Restaurant Optimal product 3 Small Suite Internet access Exercise room + Pool Fruit and cheese Restaurant Optimal product 4 Room Office Internet access Pool Fruit and cheese Restaurant Optimal product 5 Small Suite Speaker phone Exercise room + Pool Fruit and cheese Restaurant
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