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    Assignment 2 - Report Premier Inn 1

    Thames Valley University

    Faculty of Professional Studies

    London School of Hospitality and Tourism

    Sales and Marketing for THL (TH!!"!#$

    The %ompany &eport ' Promotion Plan of Premier nn in U)

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    Assignment 2 - Report Premier Inn 2

    %ontents Page

    1 Executive Summary 04

    1.1 Introduction 04

    2 Overview of the Company 04

    1 Current Market Situation 0!

    ".1 #ES$%E &na'yi 0!

    ".2 Competitor &na'yi 0(

    4 )ey Opportunitie 10

    4.1 &n &na'yi of the Company* Marketin+ Mix Strate+ie 10

    4.2 S,O$

    - #romotion #'an

    ! &ction #ro+ram

    Conc'uion

    /i'io+raphy

    &ppendice

    &ppendix 01 ori+in ack+round

    &ppendix 02 i3e

    &ppendix 0" +rowth

    &ppendix 04 revenue

    &ppendix 0- /uine trave'er firt choice

    &ppendix 0! 'oa'i3ation 5 #remier Inn

    &ppendix 0 Economic factor

    &ppendix 0( ,or'd Cup impact

    &ppendix 06 %eiure 7ait

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    Assignment 2 - Report Premier Inn 3

    &ppendix 10 $echno'o+y for +uet urvey feedack

    &ppendix 11- Environmenta' friend'y #remier Inn

    &ppendix 12 /ud+et hote' competitor

    &ppendix 1" $he idea of product mix

    &ppendix 14 ood ni+ht uarantee propoition

    &ppendix 1- $erm and condition

    &ppendix 1! Exce''ent performance on 8evpar

    &ppendix 1 9'exi'e pricin+ accordin+ to demand

    &ppendix 1( 7i+her return due to 'ow contruction an operation cot

    &ppendix 16 #remier Inn :8eceion &ction #'an*

    &ppendix 20 Increaed weekend occupancy in comparion to competitor

    &ppendix 21 $he propect for +rowth of ;) /ud+et Market

    &ppendix 22 Internationa' expanion

    &ppendix 2" #remier Inn room expanion

    &ppendix 24 #romotion $erm and Condition

    &ppendix 2- #romotion price

    &ppendix 2! #romotion advertiin+

    &ppendix 2 #romotion artwork

    &ppendix 2( #romotion time p'an 5 /ud+et

    &ppendix 26 9orecat 8evenue

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    Assignment 2 - Report Premier Inn 4

    * #+ecutive Summary

    Premier Inn trate+y i to ,hitread? 2010@

    *,* ntroduction

    $hi report wi'' ana'y3e an overview of the hote' #remier Inn with the purpoe of p'annin+ a promotion

    for revenue enhancement. In order to effective'y deve'op a effective promotion? ome key factor of

    #remier Inn wi'' e dicuedA company overviewB S,O$ ana'yiB #ES$%E ana'yiB Marketin+ MixBand Competitor ana'yi and fina''y the promotion p'an wi'' e deve'oped.

    - .vervie/ of the %ompany

    ,ith near'y !00 hote'? #remier Inn i the ;)* 'ar+et hote' chain. $he #remier Inn rand i on'y ut a

    'itt'e over a year o'd? yet it ha a'ready ecome the favourite ud+et hote' rand for uine trave''er.

    #remier inn i part of ,hitread? ;)D 'ar+et hote' and retaurant +roup operatin+ market'eadin+uinee in the ud+et hote' and retaurant ector. >&ppendix 01@

    #remier Inn i ;)* fatet +rowin+ hote' rand with -( ud+et hote' and 40?--6 room acro ;)

    and Ire'and. It opened 4--" room in 200(06 and p'an on openin+ 2000 new room in 200610.

    #remier Inn 'aunched it rand overea in Fuai and India in 200( and 2006 repective'y. #remier Inn

    a'o ha a oint venture with EmarM9 to ro'' out (0ud+et hote' in Indiay 201. On a dometic

    front? #remier Inn i et to e the 'ar+et provider of ud+et hote' in %ondony the time of the 2012

    O'ympic. #remier inn p'an for Capita' expenditure to e G10 mi''ion to de'iver new room in the ;)

    and overea. >&ppendix 02 5 0"@

    200(2006 wa a tron+ year for the +roup depite the cha''en+in+ economic ackdrop. $he a'e roe

    http://www.premierinn.com/in/index.htmlhttp://www.premierinn.com/pti/london.dohttp://www.premierinn.com/in/index.htmlhttp://www.premierinn.com/pti/london.do
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    Assignment 2 - Report Premier Inn 5

    14.0H to G!01.- mi''ion with the 'ike for 'ike a'e up !.0H. $hey have taken action to increae

    efficiencie and reduce cot in the current economic c'imate. $heir a'ance heet remain rout and i

    underpinned y a tron+ freeho'd aet ae and their tar+et to run the current operation in cah f'ow

    neutra'ity. 8evenue per avai'a'e performance +rew y 2.(H on a 'ike for 'ike ai >&ppendix 04@

    #remier Inn tar+et oth uine and 'eiure trave''er. $he hote' ha +ood offer and faci'itie 'ike

    meetin+ room and touch ae centre and pecia' offer for fami'ie 'ike free kid ack which ha 'ed to

    rin+in+ in cutomer from oth ide of the tar+et e+mentB &round -- of ;)* #opu'ation 'ive

    within - mi'e of #remier Inn.

    #remier Inn ha continued to attract corporate cutomer and i now a 'eadin+ choice for /uine

    trave''er. >&ppendix 0-@ Sa'e via the #remier Inn uine &ccount +rew y 24H to G11 mi''ion. It i

    a'o ecomin+ a 'eadin+ choice for 'eiure trave''er due to premier inn* focued marketin+ trate+ie.

    #remier Inn ha come a 'on+ way ince it wa firt acuired y ,hitread #%C and i now a 'eadin+

    rand in ;) ud+et hote' indutry with +uet atifaction rate over (0 H.

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    Assignment 2 - Report Premier Inn 6

    0 %urrent Market Situations

    0,* Pestle 1nalysis

    #ES$%E ana'yi i an inveti+ation of po'itica'? economic? ociocu'tura'? techno'o+ica'? 'e+a' and

    environmenta' factor that affect uine. #ES$%E factor are dynamic and conumer* attitude and

    ehaviour are affected y thee chan+e. >/owie and /utt'e? 200!@

    Political

    Factors2

    $he demand of the #remier Inn* product wou'd e affected y the chan+in+ of

    'oca'? re+iona' or nationa' +overnment taxe uch a va'ue added tax? +enera'

    a'e tax rate and tax on a'coho'ic evera+e.

    $he :war on terrorim* may 'een unneceary 'eiureaed trave'? o

    #remier inn ha to e aware when recruitin+ or contactin+ the upp'ier to keep

    up with the demand. >Cetron? 2004@

    'oa'i3ation keep on chan+in+ accordin+ with the wor'd? and it mut e

    takin+ in concern .>Montana? 200( &ppendix 0!@

    #conomic

    Factors2

    $he company ha reported revpar had improved after a year when previou'y

    it had .6H dropped in a'e a the receion hit 'at year. >//C? 2006

    &ppendix 0@

    $he contant'y weak pound i another factor. It pu'' more trave''er to viit

    %ondon? which can e treated a opportunity for the company

    Socio3cultural

    Factors2

    7oueho'd tructure have chan+ed to more in+'e fami'ie and divorced

    coup'e. Eatin+ and drinkin+ out hait have rien a we''.

    &n increae of e'der'y in the deve'oped countrie wou'd e an opportunity a

    they have pare time and money to pend for 'eiure activitie. >McCakey?

    200(@

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    Assignment 2 - Report Premier Inn 7

    2010 ,or'd Cup ein+ he'd in June? wi'' impact conumer ehaviour and

    their conumption. >Oxy+en Minte'? 2010 appendix 0(@

    %eiure indutry hait are chan+in+ a+aint hote' and retaurant? accordin+

    with Minte' >2010@ appendix 06

    Legal Factors2 Emp'oyer mut pay their worker a minimum amount a defined y 'aw which

    i nationa' minimum wa+e. In each Octoer? #remium Inn hou'd check the

    nationa' minimum wa+e. $hi imp'ie an increae of expenditure on

    workforce.

    Technological

    Factors2

    $he e'fcheck in ytem in #remier Inn reduce the check in time from ten

    minute to a min? which imp'ie the time and monetary cot wou'd e 'e for

    the company.

    Fruce >2010@ reported that #remier Inn ue it +uet atifaction urvey to

    tack'e pro'em >appendix 10@

    On'ine ookin+ ha een one of the i++et factor affectin+ hote' uine

    nowaday. >Internet ,or'd Stat? 200@ More peop'e are ookin+ ho'iday on

    the internet? a they wou'd 'ike to +et cheaper dea' than the offer from trave'

    a+ent thi reduced cot for #remier Inn and cutomer can ook room ut

    tayin+ at home.

    #nvironmental

    Factors2

    $he oard of director i committed to the imp'ementation of environmenta'

    po'icy and ener+y avin+ po'icy? y comp'yin+ with the 'aw and re+u'atory

    reuirement. >,hitread? 2010@

    4eather and climate are unsta5le in -!*!6 /hich have ma7or effect on

    hospitality industry, The trips of #uropean trave''er cou'd e ruined y

    further vo'canim of Ice'and. >Oorne? 2010@

    http://www.internetworldstats.com/stats4.htmhttp://www.internetworldstats.com/stats4.htm
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    Assignment 2 - Report Premier Inn 8

    ,ith the increae in awarene of environmenta' iue amon+ conumer?

    companie continuou'y have to how that they are a'o care. >&ppendix 11@

    0,- %ompetitor 1nalysis

    $he /ud+et 7ote' Market ha nine key p'ayer which? in addition to #remier Inn inc'ude $rave'od+e?

    Jury* Inn? 7o'iday Inn Expre? Eay 7ote'? Comfort Inn? Fay Inn? Ii and Innkeeper* %od+e. Fata

    from the /F8C 7ote' Survey 200( howed 10 mi''ion adu't room ni+ht for 200(? a yearonyear fa''

    of 1.( per cent. Fue to the drop in the numer of dometic 'eiure +uet? hote' tayin+ penetration

    receded 'i+ht'y to fewer than "! per cent of a'' adu't which euate to ut under 1!.- mi''ion peop'e.

    $ota' ;) uine vo'ume remained unchan+ed from the previou year at -6 mi''ion room ni+ht whi'edometic 'eiure vo'ume fe'' to 4( mi''ion room ni+ht. $he deve'opment of the ud+et ector? 'ed y

    #remier Inn? continue to +row. 9urthermore? ua+e of ud+et hote' y uine trave''er exceeded that

    of midmarket and upper tier ector for the firt time? accordin+ to the /F8C.

    8rand 9um5er of &oom Market Share (:$ 9o of Hotel Market Share (:$

    #remier Inn "2!2 "(.20H 4(( 41.0H

    $rave' %od+e 16""- 22.!0H "04 2!.00H

    7o'iday Inn 110( 12.60H 10( 6.20H

    Ii !-"! .!0H 4( 4.10H

    $he remainin+ 20H of ud+et hote' market i mot'ey of other 12 rand. #remier Inn i taken a one of

    the et ud+et hote' amon+ their competitorB a they have

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    Assignment 2 - Report Premier Inn 9

    ut for L666? ut o far the in+'e of

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    Assignment 2 - Report Premier Inn 10

    " )ey .pportunities

    ",* 1n analysis of the company;s Marketing Mi+ Strategies

    Marketin+ mana+er can ae their marketin+ trate+y with the ana'yi of the four # product? p'ace?

    promotion? and price of a company >appendix 1"@. /owie and /utt'e >200!@ ar+ue that thee trate+ie

    mut conider that hopita'ity product and ervice mut conitent'y atify the need and want of it

    cutomer. ,ith attention to thoe point? #remier Inn ana'yi how that each part of the product mix

    wa uccefu''y created to meet the need of it tar+et market. $o +ive credii'ity to thi affirmation?

    the four +roup have een appraied e'ow.

    Product

    & ud+et hote' chain that offer edroom with enuite athroom? $N >with freeview@ and acce to

    ,i9i internet. In addition to the room? the promie of a +ood ua'ity room? comforta'e urroundin+

    and friend'y ervice i et with the cutomer. ,ith the commitment of keepin+ thi promie? the appendix 14@ offer the cutomer moneyack. $akin+ thi in concern? we can ee

    that #remier Inn meet the need of it tar+et market once they ett'e the i''? a no comp'aint have een

    raied. &nother part of the product of #remier Inn i a ar and retaurant faci'itie ervin+ dinner? drink

    and #remier Inn* renowned :&'' you can eat* reakfat. One maor c'ient of #remier Inn are the

    uine trave''er? o a part of it product a /uine &ccount i offered

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    Assignment 2 - Report Premier Inn 11

    Place

    In the hopita'ity indutry? thi deciion +roup of the marketin+ mix i extreme'y important. /owie 5

    /utt'e >200!@ exp'ain that 'ocation can e identified a crucia' for hopita'ity marketin+ deciion.

    #remier Inn accordin+ to it weite ha a'ready -00 hote' ditriuted over the ;) 5 Ire'and? and they

    are c'oe to popu'ar tourit attraction? eaide town? airport and 'ocated a'on+ maor road. In

    addition? #remier Inn i +rowin+ internationa''y now and ha hote' in Fuai and India.

    Promotion

    $hi +roup of product mix i reponi'e for the communication etween e''er and uyer. $hrou+h

    five particu'ar too'A perona' e''in+? advertiin+? a'e promotion? direct marketin+? and pu'icity of the

    company the promotion p'an can e identified >)ot'er? 200-@.

    #remier inn effective'y promote it product in the ociety throu+h divere apect uch a #remier

    $rave' Inn Noucher Code? promo offer? dicount? and other. & a too' of on'ine advertiin+? the

    weite everydaya'e.co.uk work to+ether with the company in it promotion. Examp'e of promotion

    p'an areA dicount for re+u'ar uine trave''er? and +roupB when accompanied y an adu't havin+ a

    fu'' premier reakfat? two under 1! can have a fu'' reakfat freeB #remier Inn* Fay Out preent

    moneyavin+ opportunitie.

    Price

    $o determine the price of it room? #remier Inn effective'y app'ie concept of pricin+. 8e'atin+ to the

    tar+et market the hote' chain ue dicount for examp'e? the premier offer of room from G26 on

    tay etween the 6 9eruary 2010 and - Septemer 2010. Strate+ica''y? the company deduct the price

    on offpeak to increae the market hare and +uarantee it preence amon+ the competition? +eneratin+ a

    +ood cah f'ow poition.

    $he price on #remier Inn i et per room? per ni+ht and i inc'uive of N&$. On the weite i poi'e

    to identify under term and condition on item ". (&ppendix 1-$

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    Assignment 2 - Report Premier Inn 12

    ",- S4.T 1nalysis

    $herefore? concernin+ what ha een dicued in thi report? the fo''owin+ can e

    Strengths

    Stron+et 7ote' rand in the ;)

    Exce''ent performance on 8evpar &ppendix 1!P

    &i'ity to offer 'ow price A G26 room

    8e+u'ar 8efurihment every room every " year

    Fetai'ed rand tandard and re+u'ar room audit

    9'exi'e pricin+ accordin+ to demand &ppendix 1P

    9irt choice /ud+et 7ote' for uine $rave''er&ppendix

    0-P

    7i+her return due to 'ow contruction an operation

    cot &ppendix 1(P

    #remier Inn :8eceion &ction #'an* &ppendix 16P

    Increaed weekend occupancy in comparion to competitor

    &ppendix 20P

    ood Ki+ht uarantee

    /ar and retaurant faci'itie in the hote'

    Noucher to variou attraction

    Kew weite drivin+ (0H increae in viit

    4eaknesses

    #roduct ran+enot for upper 'eve' cutomer

    ;nta'e economic environment affectin+ premier

    inn* performance and future deve'opment p'an.

    Competition with European detination driven y 'ow

    cot f'i+ht a we'' a promie of etter weather.

    Economic downturn 'ed to fewer conumer takin+

    ho'iday.

    .pportunities

    3$he propect for +rowth of ;) /ud+et Market are very hi+h.

    &ppendix 21P

    More hote' to open in Fuai and India &ppendix 22P

    Over 242 market where premier inn ha no preence can e

    exp'ored &ppendix 2" P

    9urther opportunitie in %ondon

    - hote' in the pipe'ine

    /uine account expanion

    Threats

    3Firect competitor tar+etin+ the ame conumer ae

    affect the market hare

    Increae in minimum wa+e rate that increae taff

    cot

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    Assignment 2 - Report Premier Inn 13

    Promotion Plan

    Title2 Friends ' Family nn London

    ,hitread? 2010@ tated that the +oa' for #remier Inn i

    to improve it 0H occupancy and raie occupancy ack to (0H.In order to ui'd

    +rowth from expandin+ market hare and a +rowth return to the market a a who'e? a

    promotiona' p'an to our tar+et audience which oot the a'e of the room ha een

    p'anned. $he promotion i aimed at drivin+ peop'e to chooe #remier Inn with +reat

    offer? in order to retain the cutomer 'oya'ty and +oodwi''.

    .ur Target2 9ami'y and 9riend wou'd e our tar+et +roup of 4 peop'e or more.

    &ationale2 ,ith the current economic ituation? the wor'd trave''er are coniderin+ ud+et hote'

    a eentia' for trave' arran+ement. ,ith hi+h competition in the market? from i+

    rand and independent hote'? #remier Inn retain tron+ rand reco+nition. It

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    Assignment 2 - Report Premier Inn 14

    peop'e come to 'ook for offer and can +et the information when they*re reervin+ a

    room. &'o the weite of trave' a+encie wi'' a'o feature thi offer.

    $he offer wi'' e promoted in trave' a+encie o that the information can a'o e

    avai'a'e to peop'e who are not tech avvy.

    #u'ic 8e'ationA Sponorhip? Speeche? $rave're'ated Event promotin+ in

    hote'. $hey are particu'ar'y effective in ui'din+ awarene and rand know'ed+e?

    for reachin+ pecific +roup and community.

    #8 perona' wi'' ho'd meetin+ with ma+a3ine editor and $N producer to

    continue more media covera+e and reach the ma conumer.&ppendix 2!P

    e'etter to cutomer

    &ppendix 2.

    ! 1ction Programme > 8udget ' Time Plan

    $hi promotion intend to tar+et 2 +roup >coniderin+ 4 peop'e@ per hote' durin+ each week of the

    promotion tota' of 22 week. %o+ica''y? takin+ in concern that #remier Inn ha -( hote'? 44 +roup

    per hote' durin+ the promotion time wou'd revea' a tota' of 2-?4"2 +roup participatin+ in the promotion.

    &t the price of G266? the tota' revenue per room avai'a'e o'd wou'd e G?!04?1!(.00. 9or marketin+

    purpoe? 1H of it revenue hou'd e ue? creatin+ a marketin+ ud+et of G!041.!( which hou'd e

    ued in the term of appendix 2(.

    9ina''y? a profit i 'ike'y to e achieved aed on ca'cu'ation and utification on appendix 26?

    ? %onclusion

    $hi report ha eva'uated #remier Inn current poition in the ;) and deve'op the idea of a promotion

    Friends & Family Inn London for revenue enhancement.

    8i5liography

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    Assignment 2 - Report Premier Inn 15

    //C >2006@ Fownturn 7it #remier Inn Sa'e.BBC? June 1! 2006 On'ineP. &vai'a'e atA

    httpAnew.c.co.uk1hiuine(1022(.tm &cceed 2- &pri' 2010P.

    /owie? F. and /utt'e? 9. >[email protected] Marketing: An Introduction 1ted. %ondonA E'evier

    Cetron? M.J. #h.F. >2004@ Hospitality In !"e Age #$ !error On'ineP. &vai'a'e atA

    httpAwww.hopita'itynet.or+fi'e1-2001!42.pdf &cceedA 1( May 2010P

    Cooper? C. 9'etcher? J.? ,anhi''? S.? i'ert? F. &nd 9ya''? &. >200@ !ourism Principles & Practice. th

    ed. 7ar'owA #earon.

    Fruce? C. >2010@ 7y+ieneA ,hat $o Fo If $hin+ o ,ron+.Big Hospitality? May 0 2010 On'ineP.

    &vai'a'e atA httpAwww.i+hopita'ity.co.ukdefau't.apxQpa+eRartic'e5IFR20461- &cceed "0

    &pri' 2010P

    Internet ,or'd Stat >2006@ Internet %sage In urope. On'ineP. &vai'a'e atA

    httpAwww.internetwor'dtat.comtat4.htm &cceedA 10 May 2010P

    McCakey? F >200(@ $he Economic of the Service Sector. InA riffith? &. and ,a''? S. >ed.@

    conomics For Business And Management2nd ed. #ort'andA 9inancia' $ime #rentice 7a''

    Marvin J. Cetron? #h.F. >2004@Hospitality In !"e Age #$ !error. On'ineP. &vai'a'e atA

    httpAwww.hopita'itynet.or+fi'e1-2001!42.pdf &cceedA 1( May 2010P.

    Montana >200(@ Lesson ': Factors A$$ecting Hospitality and !ourism On'ineP. &vai'a'e atA

    httpAwww.montana.eduhhuntM&9CSH20,E/SI$EH20FENE%O#EFH20200(M&9CS

    H20200H20StudentH20%eonH20#'an;nitH20#'anH20adoe

    H20fi'e%eon49actor&ffectin+75$%eon#'an.pdf &cceedA 10 May 2010P.

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    Assignment 2 - Report Premier Inn 16

    Oorne? 7. >2010@ $rave' Inurance #o'icie ,i'' Kot Cover &h Firuption. (uardian? May 0(? 2010

    On'ineP.&vai'a'e atA httpAwww.+uardian.co.ukmoney2010may0(trave'inurancepo'icieah

    diruption &cceedA 1- May 2010P

    Oxy+en Minte' >2010@ Economic &nd Socia' Impact Of $he 2010 ,or'd Cup. #)ygenMintel? &pri'

    2010 On'ineP. &vai'a'e atA httpAoxy+en.minte'.cominatraoxy+enuectviewRr

    eportcate+ory5'itR'at etitemdip'ayidR-02!66 &cceedA "0 &pri' 2010P

    Oxy+en Minte' >2010@ $heme #ark ;) 9eruary 2010. #)ygenMintel? 9eruary 2010 On'ineP.

    &vai'a'e atA httpAacademic.minte'.cominatraoxy+endip'ayidR46(!1 &cceedA "0 &pri' 2010P

    #remier Inn >2010@ On'ineP &vai'a'e atA httpAwww.uperrand.uk.com#a+eFocumentMana+er

    CaeStudy#remierH20Inn.pdf&cceedA 1- May 2010P

    Sta++? J. >2010@ ,hitread eye expanion a it 'eave receion ehind. Caterer*earc"? May 0! 2010

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    expanionait'eavereceionehind.htm &cceed 2- &pri' 2010P.

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    reviewourtrate+yandinternationa'pro+re.apx&cceedA 2- &pri' 2010P

    http://www.superbrands.uk.com/Pages/DocumentManager%20/Case-Study_Premier%20Inn.pdfhttp://www.superbrands.uk.com/Pages/DocumentManager%20/Case-Study_Premier%20Inn.pdfhttp://www.whitbread.co.uk/corporate_http://www.whitbreadannualreport0809.co.uk/chief-executives-review/our-strategy-and-international-progress.aspxhttp://www.whitbreadannualreport0809.co.uk/chief-executives-review/our-strategy-and-international-progress.aspxhttp://www.whitbreadannualreport0809.co.uk/chief-executives-review/our-strategy-and-international-progress.aspxhttp://www.superbrands.uk.com/Pages/DocumentManager%20/Case-Study_Premier%20Inn.pdfhttp://www.superbrands.uk.com/Pages/DocumentManager%20/Case-Study_Premier%20Inn.pdfhttp://www.whitbread.co.uk/corporate_http://www.whitbreadannualreport0809.co.uk/chief-executives-review/our-strategy-and-international-progress.aspxhttp://www.whitbreadannualreport0809.co.uk/chief-executives-review/our-strategy-and-international-progress.aspx
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    1ppendi+

    1ppendi+ !* > origins

    $he Chain ori+ina''y tarted a D$rave' InnD in 16(? which wa owned y ,hitread durin+ it entire

    operation. In 2004? ,hitread acuired #remier %od+e and their hote' were renamed a #remier $rave'

    inn. ,hitread oon reranded their hote' uine from #remier $rave' Inn to #remier Inn at a tota' cot

    of G12. mi''ion.

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    1ppendi+ !- > si@e

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    1ppendi+ !0 3gro/th

    #remier Inn wa the firt /ritainwide hote' +roup to i+n up with the nationa' tourit oard Niit /ritain

    and i now part of a new ua'ity aement cheme? pecia''y created for ud+et accommodation. $he

    cornertone of it competitive advanta+e are a comination of product ua'ity and va'ue for money.

    Since they have reranded to #remier Inn? due to focued marketin+ trate+ie they have increaed

    revpar and va'ue for money have increaed to (1H and +uet recommend core have a'o reached (H.

    1ppendi+ !" > &evenue

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    1ppendi+ ! > 8usiness travelers first choice

    1ppendi+ !A > Blo5ali@ation ' Premier nn

    $he main effect of +'oa'i3ation i on economy. Economica''y countrie depend on one another. &

    country* receion wou'd make other countrie uffer which reu't in 'e money ein+ pent on 'uxury

    activitie in oth countrie. &dditiona''y due to +'oa'i3ation different cu'ture and activitie acro the

    +'oe have mixed in different countrie o #remier inn ha to a'ter their product or aim their promotion

    accordin+ to thee chan+e,>Montana? 200(@

    1ppendi+ !? > #conomic factors

    ,hitread decided to reume the +rowth amition which force to ca'e ack throu+h the receion?

    havin+ reported tron+ annua' reu't. #retax profit efore exceptiona' item wa up H to G1!0m

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    compared with G60m in 200(6. & i+ reaon i oth corporate and conumer cutomer want to reduce

    expenditure? thu ud+et hote' have een +ainin+ market hare. >Sta++? 2010@

    1ppendi+ !C > 4orld %up mpact

    #eop'e wou'd 'ike to tay out for watchin+ +ame that make an inf'uence on demand of eatin+ and

    drink out. $wo third of conumer with an interet in the ,or'd Cup indicated that they wi'' ee a rie

    in their expenditure efore or durin+ the tournament. >Oxy+en Minte'? 2010@

    1ppendi+ !D > Leisure ha5its

    $he theme park market ha +rown y 2.4H to G"1- mi''ion in 2006 and admiion have +rown y

    more than "H to a'mot G14 mi''ion. $hi 'eiure indutry ha enefited from economic receion

    ecaue of a weak pound. $herefore? the potentia' theme park market wou'd affect the hopita'ity

    indutry which make peop'e conume more of the other 'eiure uine than hote' and retaurant

    which i a threat for #remier Inn. Oxy+en Minte'? 2010@

    1ppendi+ *! > Technology for guest survey feed5ack

    If no reo'ution i approachin+ within four day? the comp'aint wou'd e de'ivered to the mana+ement chain to

    reo've. $he ytem a''ow the taff to check their performance core on a ite ai? providin+ feedack on what

    hou'd e improved.

    1ppendi+ ** > #nvironmental friendly Premier nn

    )eepin+ thi in mind? #remier inn ha opened the firt environmenta' friend'y hote' in Staffordhire in

    200( and ha p'an of openin+ a new one in ,et Suex thi year.

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    1ppendi+ *- 3 8udget hotels competitors

    F1%T.& Premier nn Holiday nn 5is Hotel Travel Lodge

    Products *

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    Highlights -!!C=-!!D (source 8

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    1ppendi+ *0 > The idea of product mi+

    In order to undertand thi uect? the idea of

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    1ppendi+ *" > Bood night Buarantee proposition

    1ppendi+ * > terms and conditions

    8oom price are per room? per ni+ht and are inc'uive of N&$. Mea' are not inc'uded in the room price.

    Tou may pay for reakfat at the ame time a payin+ for your room. &'' other mea' mut e paid for

    eparate'y. #remier Inn reerve the ri+ht to review it room price from time to time. If you make a

    reervation more than one month in advance? the uoted room price may chan+e efore the date of your

    tay at #remier Inn. Some hote' may char+e a upp'ement durin+ key event and period of hi+h

    demand. 9or detai' of our mot current room price p'eae check our weite www.premierinn.com or

    contact your choen #remier Inn direct'y.

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    1ppendi+ *A #+cellent performance on &evpar

    1ppendi+ *? Fle+i5le pricing according to demand

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    1ppendi+ *C Higher returns due to lo/ construction an operation costs

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    1ppendi+ *D Premier nn G&ecession 1ction Plan;

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    1ppendi+ -! ncreased /eekend occupancy in comparison to competitors

    1ppendi+ -* The prospects for gro/th of U) 8udget Market

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    1ppendi+ -- > nternational e+pansion

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    1ppendi+ -0 >Premier nn rooms e+pansion

    1ppendi+ -" 3 Promotion Terms and %onditions

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    $he offer wi'' e va'id except in re'ation to ookin+ which fa'' exc'uive'y within the period 2".12.06 unti'

    2!.12.06 inc'uive or "0.12.06 unti' 02.01.10 inc'uive. Offer app'ie to minimum of " ni+ht. Offer wi'' e

    avai'a'e at e'ected #remier Inn on'yB it wi'' e advied to conider a'ternative date if the e'ected date i not

    avai'a'e. In addition? no cance''ation? amendment or refund wi'' e poi'e. $he ookin+ wi'' have to emade 1- day in advance or more.

    1ppendi+ - > Promotion price

    &fter a carried out reearch on price for dou'e room avai'a'e on the period of the promotion? the price of G266

    eem afforda'e and appropriate for the ud+et hote'. Ca'cu'atin+? the price wou'd come out a G24.62 per peron

    per day? inc'udin+ a mea' and dicount ticket for different attraction.

    1ppendi+ -A > Promotion advertising

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    1ppendi+ -? > Promotion art/ork

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    1ppendi+ -C > Promotion time plan ' 5udget

    $akin+ in conideration the product mix of thi promotiona' campai+n? firt tep >1 tuarter@ wou'd e

    p'an the promotion and term of promotion proper'y eide a'' it characteritic invo'ved re'evant.

    ,ou'd revie the promotion p'an here u++eted and officia''y print a new and update 'at verion of the

    term and condition for 9riend 5 9ami'y Inn %ondon. &t thi point meetin+ mut e a''ocated

    etween taff and proper communication within the different department mut happen? havin+ ready the

    deciion y the e+innin+ of the firt uarter annua''y ana'y3ed.

    $he ud+et for the firt uarter i 'ow a not much wi'' e done? utifyin+ why on'y G2?100 to e pend

    under printin+ and reearch >for mature the promotion idea and fina'i3e@.

    &t the e+innin+ of the 2nd uarter wi'' #re 8e'eae the promotion we wi'' e advertiin+ on month'y

    ma+a3ine 'ike $rave'ma+ and from the end of the period we wi'' e advertiin+ in ome of the week'y

    and dai'y new paper 'ike evenin+ tandard? the +uardian and the mirror? tar+etin+ different +roup of

    cutomer. ,e wi'' e uin+ poter advertiin+ in the tue tation and at the city and airport hoardin+

    oard. ,e wi'' e a we'' advertiin+ in weite 'ike +oo+'e.co.uk? faceook.comand youtue.como

    that we can have a wor'dwide covera+e a we''. ,e wi'' e a'o providin+ f'yer and 'eaf'et to a'' the

    trave' a+ent and to a'' the ,hitread Company y the end of thi period. ,e wi'' e endin+ wemai'

    to the entire +uet dataae we have and a popup advertiement in the entire trave''in+ weite 'ike

    expidia.co.uk? tripadvior.co.uk? 'atminute.co.uk. ,e wi'' e creatin+ a tron+ re'ation with ome of the

    re+u'ar air'ine 'ike &ir 9rance 5 /ritih &irway and ome ud+et air'ine 'ike 8yanair 5 Eayet

    which are more 'ike'y to e potentia' c'ient of #remier Inn.

    $he ud+et of G"6?000 here? aout -1H of the tota' to pend wa ditriute etween thee activitie

    coniderin+ contract with company for advertiin+? printin+ of rochure price have een reearched

    and printin+ of f'yer i aout 0.11 per pa+e when in 'ar+e ca'e a neceary p'u the hoardin+ oard

    and poter to e pread around. Ecommerce for advertie on the weite ince a 'ot of potentia'

    cutomer are contant'y in the virtua' wor'd. &nd reearch a ma'' ud+et with a reerve for the uarter.

    http://google.co.uk/http://facebook.com/http://youtube.com/http://expidia.co.uk/http://tripadvisor.co.uk/http://lastminute.co.uk/http://google.co.uk/http://facebook.com/http://youtube.com/http://expidia.co.uk/http://tripadvisor.co.uk/http://lastminute.co.uk/
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    &t the e+innin+ of the "rduarter w e wi'' e or+ani3in+ ome re'ation ui'din+ for ome dink and

    ni'e with the trave' a+ent perona' wi'' +ive continuity to the advertiin+ proce and +et ome

    feedack on how they fee' aout the promo and what wa the cutomer feedack o far and form of

    contro' promotion effectivene enuiry and a'e repone to the advertB cutomer awarene of

    advertB repone to merchandiin+B etc.

    $he "rduarter have a ud+et of G"2?"00? aout a it more them 40H? uin+ mot of the ret of the cah

    for marketin+ activitie takin+ p'ace durin+ the promotion period. Na'ue are ca'cu'ated in proportion to

    neceity and accordin+ with the time p'an.

    $he 4thuarter wi'' have the ana'yi and eva'uation of the effectivene of it promotion. $he ret of the

    money for marketin+ purpoe hou'd e ue for it.

    1ppendi+ -D Forecast revenue

    In the next pa+e there i a imp'e revenue forecat coniderin+ that aic cot of a room wou'd e 40H

    and any additiona' cot re'atin+ to the room 20H. $akin+ the expenditure of marketin+ on'y? the profit in

    the end of the year >Jun 2010 May 2011@ i G 2?6!!?0!1.20. It i important to know thi i not a

    rea'itic forecat and wou'd chan+e accordin+ with condition of expenditure? ut even to coniderate a

    20H profit on tota' of revenue o'd G1?-20?("".!0? takin+ the marketin+ ud+et forecat of G!?041.!(

    #remier Inn wou'd ti'' have a conidera'e profit of G1?444?61.62. 9ina''y? thi promotion wou'd

    effective'y improve the performance of the ud+et hote'.

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