Project
Project
On
FUTURE AND MARKETING OF A FIVE STAR HOTEL
For
THE PARK
Submitted to
Amity University
In partial fulfillment of the
Master of Business Administration
Under the guidance of
Mrs. Anitha Ajith
By
CHANDAN GOVIND
Reg No: A31101910034
Batch: 2010-2012
CERTIFICATE
Date:
Mrs.
ANITHA
AJITH
(Internal guide)
CERTIFICATE
This is to certify that the project entitled FUTURE AND
MARKETING OF A FIVE STAR HOTEL has been successfully
carried out by Mr. CHANDAN GOVIND in partial fulfillment of
Master of Business Administration under my guidance during the
academic year 2010-2012.
Date:
DECLARATION
CHANDAN GOVIND
ACKNOWLEDGEMENT
CHANDAN GOVIND
CONTENTS
CHAPTER
NAME
PAGE
1.0
2.0
Research Methodology
3.0
Industry Profile
4.0
Company Profile
31
5.0
43
6.0
65
7.0
Conclusion
67
8.0
Bibliography
69
Executive summary
This project aims to find out the future and marketing of 5 star hotels. The
background talks about various factors that have led us to undertake this study and
how and to whom this report will benefit. Objectives talks of types of data the
research project will generate and how these data is relevant. A statement of value
of information is also included in this section. Research approach gives a non
technical description of the data collection method, measurement instrument,
sample and analytical techniques.
First ever-contemporary boutique hotel in India, The Park Bangalore exudes
luxury and sophistication. The stylishly designed hotel that made its way to the
Tatlers magazine list of best 101 hotels in the world, promises a rich experience to
any visitor and patron. Realizing the huge potential for hospitality industry have to
look back to their marketing strategies. The positive response of the customers
towards the hotel led The Park to new marketing strategies.
Chapter- 1
1.0 INTRODUCTION
The park is the first ever-contemporary boutique hotel in India. The hotel
draws on Indian sensations and environment to provide travelers an urban
retreat.
Under my project report, I have studied various trends that comes in the way
of Hospitality industry. I have tried to give a solution to Marketing
complexities. I also find out that what would be the future of Hospitality
industry. Regarding future, I have found out that hospitality industry is in a
booming stage. And I also tried to find out the challenges in the hotel industry.
Chapter-2
RESEARCH METHODOLOGY
provide precise tolls, specific procedures and technical information, rather than
philosophical means for getting and ordering the data prior to their logical analysis and
manipulation.
Collection Instruments
Questionnaire
Observation
Chapter-3
INDUSTRY PROFILE
Locations
Categorization according to plan
Categorization according to number of rooms.
Categorization by type of clientele.
Categorization by the length of stay of guests.
Categorization by the facilities that the hotel offers
The devaluation of the Asian currencies, the Kargil issue and the
parliamentary elections had affected growth in the tourism industry. The situation
is gradually moving back to normal with the tourist arrival figure marginally
increasing from 2.3mn in 1997 to 2.5mn in FYOO. The industry is growing at a
rate of 9%. With the political and economic stability being more clearly visible,
both tourists as well as business arrivals are likely to gather momentum in the
remaining part of the year.
The Indian hotel business focuses largely on foreign tourists with only 30%
of the business coming from the domestic business and the leisure travels. The
tourist arrivals in India are seasonal in nature, with the best season being from
September to December followed by a steep fall till May. The period June to
September gains momentum once the monsoons are over. The slack season is
generally used for renovation work and the period is characterized by discounts to
attract clients.
The studies says, "tourism is a traditional instrument, which enables culture to the
rehabilitated and made know to the rest of the world". It is said it's a smokeless
industry and has become second to the petroleum industry in world trade.
countries.
importantly the improvement of tourist infrastructure search as hotels, air, train and
road transport has contributed to the impressive growth in tourist traffic.
The definition of a domestic tourist is a person who travels within the country to a
place of residence and stays at hotels or other accommodations establishments run
on commercial basis or in dharmashalas, sarais, chaultries etc. for duration of not
less than 24 hours.
The factors that govern the magnitude of domestic tourist traffic are the religious
and cultural importance of a place. The extent of manufacturing, business and
trading activity, the climatic conditions, the infrastructure facilities available and
the geographical location etc. the current rough estimate of domestic tourism in
India is ten million a year.
In the current plan period as well one of the principal thrust areas would be
modification of the Indian tourism product by adding the concept of India.
As an adventure and leisure tourism destination to the present cultural tag.
Trekking, winter and water sports wild life and health tourism will remain as the
major thrust areas in the forth-coming area.
CLASSIFICATION OF HOTEL
Hotel can be classified into different categories or classes, based on their
operational criteria. For example the type of accommodation they provide, location
of the property, type of services provided, facilities given and the clientele they
cater to can help categories hotels today.
1 Market segment:
Time-share hotels
Condotel / Condiminium
Executive hotels
Property type:
Traditional hotel
Motels
Commercial hotel
Chain hotel
Casino hotel
Boutique hotels
Resorts
o Spas
o Conference resorts
2 According to size:
g) Type of patronage
h) Length of guest stay
i) Location etc
MARKET SEGMENT
Economy hotel:
It provides efficient sanity private rooms with bath. The furnishing and decor are
acceptable to majority of travelers. Food and beverage service may or may not be
available.
Deluxe hotels:
They are better and offer more specialized services than first class hotels. They
also provide limousine services.
PROPERTY TYPE
Traditional hotels:
They have the basic concept of rooms with break fast, bell desk services and
the other usual services.
Motels:
They are located on highways. Guest is given parking right outside their
rooms. The usually have a gas station / workshop attached to them.
Resorts:
They are usually situated in tourist locations like on rivers, mountains, jungles, or
the sea. They give more privilege to sports activities leisure and re-creation
activities like manages, sightseeing, adventure sports, etc.
Resident hotels:
Where guest stay for longer duration, stay like weeks, months even years.
Casino hotels
They are hotels usually in tourist spots and mainly cater to people who are on
holidays. Casino hotels like the name suggest offer gambling facilities along with
accommodations.
SIZE
Small hotel up to 150 rooms
Medium hotels 150 to 299 rooms
Large hotels 299 to 600 rooms
Extra large hotels above 600 rooms
LEVEL OF SERVICES:
World-class services:
They target top business executives and provide service s that cater to needs of
such people like lap tops in the rooms, business center, sectarian services.
Chain hotels:
They impose certain minimum standards, levels of service, policies and procedures
to be followed by their entire establishment. Chain hotels usually have corporate
offices that monitor all their properties and one management runs these properties.
That is all the hotels under the chain are completely owned and run by the chain
itself.
Franchisee hotels:
The franchisee grants the entities, the right to conduct business provided they
follow the established pattern of the franchisee, maintains their standards, levels of
service, practice their policies and procedures.
AWARDING OF CLASS:
Awarding of class is done by the HRACC in India. These are a few things
listed down that are taken into consideration while awarding star category to any
hotels.
Number and types of rooms the hotel has a vital role in this. The factors
which effects this are as follows.
Rooms efficiency
Number of Restaurants
Concierge services
Accessibility to entertainment
Availability of transportation
They should provide reservation and information facility apart from reception,
information, bell service at least two gourmet dining facility should be available.
The establishment may or may not have banqueting facility. They should provide
high levels of personalized services. The staff must be well-trained and proper
standards for hygiene and sanitation must be followed. Also all properties have to
keep in mind that proper waste management is done
Five star category is only allotted to properties, which have all the qualities of a
three star property and a few additional. Like the entire property must be centrally
air- conditioned. The building of the property must be an attractive one. All the
rooms must be spacious. The property must have proper banqueting facility,
business center.
Proper and well-maintained pool and health club a spa is optional. The property
must have 24 hour coffee shop, round the clock room service, a bar, and a
minimum of 1 gourmet restaurant. The staff must be highly trained and a degree of
specialization must be shown. State of art Equipments must be used and the facility
provided in the rooms must be sophisticated.
Bangalore is situated in the Deccan plateau region and in the foothills of the
mighty Western Ghats. At a sea level of 3000 feet, Bangalore enjoys the most
pleasant climate in southern India. The city being the capital of Karnataka and also
known as the IT capital of India has developed in to a commercial hub today.
Earlier it was only known as a British cantonment.
The city was founded in 1537, and it grew importance under the great rulers of the
then Mysore state and later on as a British cantonment centered on trade and
commerce.
Bangalore is apathy called the Garden city of India and is full of beautiful parka
lakes and gardens both in and around the city. This is one city with a cultural blend
of people from various parts of the country of different races, colors and culture
living here. Kannada is the mother tong of the people living here, but other than
Kannada; the people living here also speak Hindi and English very fluently. The
places of tourist interest in Bangalore would include
LOCATION GEOGRAPHY
Rainfall
Bangalore receives the benefit of the Southwest and Northeast monsoons. The
average annual rainfall is 87 centimeters. October and November are rainy months
but the downpour during these months is only about 17 cms. December to March is
practically dry.
Population
The increase in population of Bangalore is very rapid since 1955. From 10 1akhs in
1955, it went upto 20 1akhs in 1970 and it is estimated to have crossed 551 lakhs
today.
City Administration
The administration of the city vests with the corporation of the city of
Bangalore, which was constituted under the city of Bangalore Corporation
Act LXIX of 1949
Languages Spoken
The main languages spoken are Kannada 31 %, Tamil 27%, Telugu 17%,
Hindustani/Urdu 15%, and other languages 10%.
Electricity
Supply of electricity for industrial use is made at 400 Volts, 50 cycles, phase (4
wire system), while of domestic use it is supplied at 230 volts, 50 cycles, single
phase.
Industries
Bangalore had made rapid progress in industrial development. There are many
large, medium and small-scale industrial concerns in and around Bangalore.
Producing a variety of items. The number of electronic equipment manufacturing
units has gone up. Singapore Information Technology Investments Private Ltd.,
Tata Industries and Karnataka Industrial Areas Development Board are jointly
developing the Information Technology Park at Whitefield, 16 Km from
Bangalore. The Park provides office space and residential apartments. Garments
manufacture is another important industry developing in Bangalore. The industrial
growth in and around Bangalore has naturally catalyzed the commercial activity.
Transport
The Bangalore Transport Service buses and a limited number of 'Pushpak' special
buses play on different routes intersecting the city. Suburban bus service connects
the city with a number of villages and towns situated at short distances from the
city. Karnataka State Road Transport Corporation (KSRTC) bus service connects
many towns within and outside the state.
A good number of private buses operate form kalasipalyam Bus Stand near the
City Market and also from Dhavantry Road (Tank Bund Road) near the Bangalore
Bus Station. The Karnataka State Tourism Development Corporation, 10/4,
Kasturba Road, Bangalore-l, (Phone 2212901) conducts tours to places of interest
in Karnataka. Several authorized travel agencies also arrange conducted tours and
Bangalore sightseeing trips. Taxies and auto rickshaw are available for quick and
easy transport within the city.
Milk Supply
Milk supply in Bangalore supplemented by the Bangalore Diary, situated on the
Hosur Road, through retail selling agencies and automatic milk vending machines
installed in most parts of the city. The Federation of Bangalore City and Rural
Districts Co-operative Milk Producers Union manage it.
Cultural Activities
Bangalore is an important center for cultural, religious and social activities. Some
institutions periodical exhibitions, recitals, drama, music and dance performances,
lectures, symposia, and group discussions that entertain and educate. Some of the
daily programs appear 'In the City To-day' in Deccan herald, Indian Express, The
Hindu, The Times of India and some Kannada dailies. Every Friday evenings (6:30
p.m.) cultural programs are arranged 'Yuvanika' State Youth Center Nrupathunga
Road, Bangalore
Scorpions
June 2001
Pink Floyd
March 2002
November 2002
Lucky Ali
March 2003
Bryan Adams
February 2004
September 2003
Bangalore is also known for its nightlife and pubs. Mg road on which the hotel is
situated is one of the arterial roads of Bangalore. Along with Brigade road,
Residency road, and Commercial Street, Mg road forms the most happening hub
in Bangalore.
The entire zone is a shoppers paradise, with its cottage and silk emporiums,
shopping arcades, handicrafts, leather and antique stores, movie halls and opera
house.
To cater to the varied interest of customers, Mg road also offers life style stores,
garments arcades, bookstores. This entire stretch is also famous for its pubs,
restaurants, fast food outlets, coffee houses and churches.
GET AWAY
There are quite a few one day get away around Bangalore like the Nandi
hills just 60 kilometers north of the city, situated at 4850 feet above the sea level,
is a small hill station and a has Bangalore only wine yard
Hogena Kal:
Literally means smoking rock, its a waterfall 180 kilometers from Bangalore.
Nrityagram:
32 kilometers north from the city, Nrityagram is only dance village in
India, which popularization of 7 Indian classical dances.
Chapter-4
COMPANY PROFILE
The Apeejay group was founded in 1910, driven by dynamism and vitality along
with a strong commitment to traditional values, the group continues to develop and
group. The Park hotels commenced operations with the opening of Park Calcutta in
1967. Today located in Bangalore, Chennai, Kolkata, Visakhapatanam, and Delhi,
the hotels have achieved global standards of product quality and service excellence
over 35 yrs of industrial experience.
A destination of choice per corporate and leisure travelers these hotels, due to their
down town location, given easy access to key commercial and entertainment
districts. Here contemporary design is embellished with tradition and trend. Our
own Food and Beverage concepts create new entertainment options and intimate,
personalized service which creates industry benchmark.
1999
TYPE OF HOTEL:
GROUP:
ADDRESS:
14 / 7 MG Road
Bangalore 560 001
TELEPHONE:
FAX:
E-MAIL:
WEB:
www.theparkhotels.com
TRANSPORT:
ACCOMODATION:
LOCATION:
Extraordinary features:
1Premier suite.
Gazebos.
24 hours room service.
Library with a selection of books and magazines.
Audio and video entertainment.
Indoor games.
Computers with high-speed connectivity.
Original black and white photographs in the room, capturing the
offset with regal emperor red flowers. The fourth floor The Residence reflects
elegance with saffron denoting the desert and the oasis is reflected in splashes of
ultramarine blue
The luxury of the rooms using silk, leather, pure Oak wooden
floors and glass a mixture of materials, modern and traditional,
create a unique in-room experience. A custom-made 10 inches
luxurious mattress,, soft duvet and goose down pillows framed in
a modern four-poster bed, dominates the room. Many rooms have
balconies with deck chairs that let one recall the relaxing
moments of a beachside holiday.
Services
Currency exchange.
Doctor on call.
Baby sitting.
Valet service.
Laundry service.
DINING FACILITY:
Monsoon:
The 24-hour restaurant serving selection from costal India and South East Asia.
Number of covers: 64
i-talia:
Critically acclaimed elegent, casual dining restaurant, servicing authentic.
Italian food.
Number of covers: 42
i-bar:
The hip lounge bar offering a Technicolor experience, opens from 1700 hours
onward.
Number of covers: 94
Oak Rooms:
Banquet halls with state of art audio and video equipment. Can accommodate up to
200 people for a formal gathering.
Blue Box:
A private screening room, used for screening of movies and meetings.
Can accommodate up to 30 people.
Aqua Zone:
The
health
spa
with
fitness
center
and
private
treatment
rooms.
The gym has two treadmills, a cross trainer, aerobically, multi gyms, free
weights,sauna and steam rooms.
TheBox:
A gift shop for contemporary and luxury designer items.
TARIFF
INR
USD
EURO
Deluxe Room
7000
200
16
8000
225
180
8250
235
188
Luxury Room
9000
250
200
The Residence
10000
300
240
Terrace Suite
14000
350
280
Premier Suit
17000
365
300
General Manager
Finance
Human Resources Manager
Front Office Manager
Associate Dir.House Keeping
Executive Chef
Food and Beverage Manager
Guest Relation Executive
Asst. Purchase Manager
ChiefSecurity Officer
Sales & Marketing Executive
Audio-Visuals Manager
Asst. Training Manager
Chief Engineer
Chapter- 5
FINDINGS
very good
Interpretation:
100% of the respondents saying that location is the main advantage of the hotel.
The Park is Situated in the heart of the city on MG road, with easy access to the
main shopping, business and entertainment centers of the city.
2. Excellence of staff
Feedback
Percentage
Very Good
Good
80%
20%
90
80
70
60
50
Column2
40
30
20
10
0
Good
Very Good
Interpretation:
80% of the respondents think that the hotel staffs have very good excellence. And
the rest 20% saying the excellence of the staff is good.
3. Physical facilities
Feedback
Percentage
Good
Very Good
26.7
73.3
80
70
60
50
40
Column1
30
20
10
0
Good
Very Good
Interpretation:
The 73.3% of the respondents feels that the physical facilities of the hotel is very
good. And the rest 26.7% feels its good
4. Safety Facilities
Feedback
Percentage
Good
Very good
33.4
66.6
70
60
50
40
Series 3
30
20
10
0
Good
Very Good
Interpretation:
66.6% of the respondents are satisfied with the safety facilities in the hotel. The
rest 33.4% feels that the safety facilities are good in the hotel.
Percentage
Good
Very Good
80
20
90
80
70
60
50
Column2
40
30
20
10
0
good
very good
Interpretation:
The 80% of the respondents are satisfied with the cleanness and comfort ability of
the rooms. The rest 20% feels that the cleanness and comfort ability.
Percentage
40
60
70
60
50
40
Column1
30
20
10
0
Good
Very Good
Interpretation:
60% of the respondents are satisfied in the services provided by the hotel. And the
rest 40% feels that the services provided by the hotel is good.
percentage
20
26.7
53.3
60
50
40
30
20
10
0
not upto the mark
good
Very good
Interpretation:
The 20% of the respondents are not satisfied with the value provided their money.
And 53.3% are satisfied, and the rest 26.7% of the respondents feels the value
given for their money is good.
Percentage
News paper
Magazine
internet
26.6
26.6
46.8
50
45
40
35
30
25
Column3
20
15
10
5
0
News Paper
magazine
Internet
Interpretation:
26.6% of the respondents come to about the hotel from news paper, other 26.6%
from magazine, and the rest 46.8% from internet.
Percentage
Good
Very good
40
60
70
60
50
40
Column3
30
20
10
0
Good
Very Good
Interpretation:
60% of the respondents says they are satisfied with the reservation system. And the
rest 40% feels its good.
One of the greatest challenges plaguing the hospitality industry is the unavailability
of quality workforce in different skill levels. The hospitality industry has failed to
retain good professional.
3. Shortage of rooms:
The hotel industry is facing heavy shortage of rooms.
I t i s estimated that the current requirement is of 1, 50,000 rooms.
Though the new investment plan would add 53,000 rooms by 2011, the
shortage will still persist.
5. Customer expectations:
As India is emerging as a destination on the global travel map,
e x p e c t a t i o n s o f c u s t o m e r s ar e r i s i n g . Th e c o mp a n i e s h a v e t o focus
on Customer loyalty and repeat purchase.
6. Manual back-end:
Though most reputed chains have IT enabled systems
f o r property management, reservations, etc., almost all the data which
actually make the company work are filled in manual log books or are
Simply not tracked.
and no amount of
automation can
1. Political factors:
2. ECONOMICAL
In economical effect industry has to check out that what the G D P o f
the industry is. The GDP of the hotel industry is
contributed to 13.21% in 2007
T h e h o t e l i n d u s t r y i n I n di a i s g o i n g t hr o u g h a n i nt e r e s t i n g
phase one of the major reason for the increasing in demand for hotel
room in the country seen till recently is the beam in t h e
economy
and
high
graph
in
overall
shelter
like
information technology.
Now slowdown fear is now hovering on the sector. In India form medium to
long term the fundamental are very perishing. The continued
economic or with increased in test in the India market and improved
international access.
The leapt of global economy melt down is being
felt
by
u p c o m i n g h o t e l p r o j e c t i n I n di a s o m e o f t h e s e
If any industry are show towards the society than you can understand that society
re developing the culture. If you understand the socio factor than you can
understand tha cultural factor.
A) Socio factor:
It include the demographical factor like
Population
:-India is the second largest population country of the worldm o r e t h a n 110
c r o r e p o p u l a t i o n i s t h e r e . S o b e c a u s e o f high population it is the
positive effect towards the hotel i n d u s t r y b e c a u s e a s p o p u l a t i o n ar e
m o r e h o t e l i n d u s t r y g e t m o r e t r a ffi c & a l s o o c c u p a n c y r a t e i s
i n c r e a s e a t t h e time of marriage season.
Literacy level: -
is
high
compare
to
neighbor
country
like
Srilanka,
P a k i s t a n , B a n g l a d e s h , N e p a l , e t c . s o i f education
l e v e l i s h i g h t h a n s t u d e n t s a r e g o t o s t u dy i n o t h e r s t a t e & o r
i n o t h e r c o u n t r y a l s o o t h e r c o u n t r y s students come to India
so they have stay in hotel so it the p o s i t i v e e ffe c t s t o t h e h o t e l
i n d u s t r y s o i n d u s t r y h a v e t o show that what is the literacy level in country.
Income level: Now a days the income of a people increasing day by day . i f
income
Average age of society: In India there are teenagers & youngster are more than the alders pople & in
America the mature people are high than the youngster so in India teenagers &
youngster people want more enjoyment by going in hotel & picnic etc. so it is the
positive affects to the hotel industry.
B) Cultural Factor:
Culture means it is the set of Norms, value of ritural, philosophy of
country is the highest important to any industry. If you are not know the
culture of any country than you can not do the business in that country
C) Language:
4) Technological factors:
Technological factors include following factor.
a) Status of technology:
b) Pace of technology:
Pace of technology means how fast technology is changing in the country is
changing in the country. In the country like America, China, Japan, India the
technology is taking change at very fast rate as compare to China, Japan, &
America technology the Indian is not fast growing as in that country so it is
the backward point to hotel industry in India.
c) Cost of technology:
Cost of technology means what is cost that acquire by adapting the
technology.
Marketing Mix
Place: product and service information are sold to the guest via personal selling,
direct marketing, advertising and the Internet. Delivery channels include travel
agents and international reservations systems.
Product Marketing
Product: high quality facilities accompanied by exemplary personal service,
differentiated from competition quality with the overall brand strategy has proven
to be a successful approach generating high levels of repeat business.
Pricing
Pricing strategy has been consistent with the differentiation objective, to provide
added value for a reasonable rate as opposed to discounting and de valuing our
products and services.
Room rates quoted are net of tax and service, are per night, per room with
continental breakfast included:
Single Room
Deluxe Room
15,000
Double Room
16,000
16,000
17,000
17,000
18,000
Luxury Room
19,000
20,000
The Residence
20,000
21,000
24,000
24,000
28,000
28,000
2,000
Promotion:
Promotion: primary focus will remain on mass communication via print ads in
trade publications and on the Internet. Direct mail campaigns to existing and
prospective clients will increase as a cost effective means of targeted campaigning.
Personal selling in the local market will remain an important element of the mix in
order to continue to build long-term relationships within the local community and
generate high levels of corporate activity.
Public relations activities will continue to play an important role in the marketing
mix, presenting the hotel as a supportive member of the community
and participating in significant local events.
Advertising:
Marketing Strategy
Direct Marketing
The Parks direct marketing is handling by their PR agency. The park will buy
select targeted list of corporate companies and send them information about Good
Hotels.
Sales Plan
Our sales plan hinges upon our sales strategy, sales process and, prospecting plan.
As long as we follow the plans laid below we should be in good shape.
Sales Strategy
Riverview Hotel's sales strategy hinges upon repeat visits by key corporate
accounts. We need to develop a relationship with the companies listed in our Sales
Account Plan, as well as actively generate new accounts by soliciting first time
corporate visitors.
It will be important to remain competitive on price, as well as amenities. The
corporate accounting department wants to make sure they limit the amount of
money spent per night per employee on a business trip, but the business traveler
will be able to express preference. If the price is right, and the business traveler
knows that they will have all amenities they need while at the Riverview Hotel, we
will be assured of keeping and attracting key accounts.
Strengths
1. A very wide variety of hotels are present in the country that can fulfill the
demand of the tourists.
2. There are international players in the market such as Taj and Oberoi. Thus,
the needs of the international tourists travelers are seen to while they are on
a visit to India.
3. Manpower costs in the Indian hotel industry is one of the lowest in the
world. This provides better margins for Indian hotel industry.
4. India offers a readymade tourist destination with the resources it has. Thus
the magnet to pull customers already exists
Weaknesses
1. The cost of land in India is high at 50% of total project cost as against 15%
abroad. This acts as a major deterrent to the Indian hotel industry.
2. The hotel industry in India is heavily staffed. This can be gauged from the
facts that while Indian hotel companies have a staff to room ratio of 3:1, this
ratio is 1:1 for international hotel companies.
3. High tax structure in the industry makes the industry worse off than its
international equivalent. In India the expenditure tax, luxury tax and sales
tax inflate the hotel bill by over 30%. Effective tax in the South East Asian
countries works out to only 4-5%.
4. Only 58,000 hotel rooms are available in India today, which is less than the
Bangkok hotel capacity.
5. The services currently offered by the hotels in India are only limited value
added services. It is not comparable to the existing world standards.
Opportunities
1. Demand between the national and the inbound tourists can be easily
managed due to difference in the period of holidays. For international
tourists the peak season for arrival is between September to March when the
climatic conditions are suitable where as the national tourist waits for school
holidays, generally the summer months.
2. In the long-term the hotel industry in India has latent potential for growth.
This is because India is an ideal destination for tourists as it is the only
country with the most diverse topography. For India, the inbound tourists are
a mere 0.4% of the global figures. This number is expected to increase at a
phenomenal rate thus pushing up the demand for the hotel industry.
Threats
1. Guesthouses replace the hotels. This is a growing trend in the west and is
now catching up in India also, thus diverting the hotel traffic.
2. Political turbulence in the area reduces tourist traffic and thus thee business
of the hotels. In India examples of the same are Insurgency in Jammu
Kashmir and the Kargil war.
3. Changing trends in the west demand similar changes in India, which here are
difficult to implement due to high project costs.
4. The economic conditions of a country have a direct impact on the earnings
in hotel industry. We can see that the present economic slowdown in India
has let to a 51.6% fall in the industry average net profits for the second
quarter of the current financial year, 2000.
Chapter -6
RESULTS AND SUGGESTIONS
Results
1. The hotel industry is in boom.
2. The location of the hotel is the main advantage for the hotel.
3. The customer survey says that most of the customers are happy.
Suggestions
1.
2.
3.
4.
Chapter -7
CONCLUSION
CONCLUSION
On the basis of overall study on Hotel Industry it s found out that the hotel,
hospitality industry is in a booming stage. The income generated by India from
tourism is growing.
I was really surprised to see during my study that the hotel industry is really
growing even if it has some challenges like any other industry.
The hotel can more concentrate on direct marketing and web marketing. It will
surely help to increase the business of the hotel. And it should concentrate to give
more value for the customers money as some of the customers feels that value for
money
is
not
upto
the
mark.
No doubt that Hotel Industry growth towards the progress of economy is positive.
But the challenges confronting the industry segment are giving it a low customer
base. these problems could be overcome easily by revising marketing strategies
and also there should be effective direct marketing
Chapter 8
BIBLIOGRAPHY
BIBLIOGRAPHY
1. BOOKS AND ARTICLES
2. MAGAZINES
3. INTERNET SITES
http://www.mplans.com
www.quickmba.com
www.mplans.com
www.thepark.com
SAMPLE QUESTIONNAIRE
Dear Respondent,
I am CHANDAN GOVIND, student of MBA 2nd year in Amity Global Business School.
I am working on the project " FUTURE AND MARKETING OF STAR HOTEL with THE
PARK, Banglore. You are requested to fill in the questionnaire to enable me to undertake the
study on the said project.
NAME:
ADDRESS:
OCCUPATION:
PHONE NO.:
b) Average
c) Good
d) Very Good
b) Average
c) Good
d) Very Good
3) How do you rate the physical facilities in the hotel (eg. Building, signs, furnishing of room,
lighting, etc.) ?
a) Not upto the mark
b) Average
c) Good
d) Very Good
b) Average
c) Good
d) Very good
b) Average
c) good
d) Very good
b) Average
c) Good
d) Very good
b) Average
c) Good
d) Very good
b) Magazine
c) Internet
d) television
b) Average
c) Good
d) Very good