Kandawgyi Palace Hotel Yangon. Business Plan of Kandawgyi Palace Hotel for Trade Event Date:...
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Transcript of Kandawgyi Palace Hotel Yangon. Business Plan of Kandawgyi Palace Hotel for Trade Event Date:...
Kandawgyi Palace HotelYangon
Business Plan of Kandawgyi Palace Hotel
for Trade Event
Date: 22.6.2012 (Fri)
www.kandawgyipalace-hotel.com
Presented by
Pho Thin MaungThaw Zin Linn Htun
Mission
• Brand awareness
• Expand the new market for US, Japan
and Korea
Objectives
• Increase the market share among the current International chains in Myanmar
• Set up and upgrade our service to International standard
Product/Service Selection
Before 2010 After 2010
Investor
Competitor
Investor
Competitor
Market/Target Selection
• US, Japan, Korea and GMS countries
• Tour agents
• Business men
Fair Selection
• EWEC corridor
• Participation fit with the theme of trade fair
• New target - Investors and visitors from US, Japan, Korea and China
• Industry catchment
East- West Economic Corridor International Commercial – Tourism Exhibition
Danang 2012
Activities Involved
• Registration
• Marketing plan
• Staff training
• Demo
• Shipping
• Prepare for business matching
• Booth plan
• Budgeting
Time Line
Sr. Description Time Duration Remark
June July August
End Early Mid End Early Mid
1Permission from State
Tourism Board
2Registration
3Staff training
4Promotional materails
5Package
6Shipping
7Travel arrangement
8Booth layout plan
Cost Heads
• Participation fee (registration, insurance, other)
• Booth rental fee
• Airfare and accommodation
• Staff training cost
• Shipping cost
• Promotional materials
• Communication
Sources of Funds
• Marketing budget
• Investment budget
Marketing Plan
• Market analysis
• Marketing mix
• Market research
Market Analysis (SWOT)
• Strength Prime area Customer service
• Weakness Online payment system Room
• Opportunities Potential market in industry Economic development Brand awareness Market research and competitive intelligence
• Threat Competitors
Marketing Mix (4 P)
• Product/Service Cultural service Luxury & stylish Service development
• Promotion Brand awareness Public relations Behavior of sale personnel Media – Advertisement, Internet
• Price High end Payment Credit
• Place/Distribution New market penetration Tour agents
Market Research
• Market information
• Competitor analysis
• Qualitative research
• Quantitative research
Follow Ups
• Market research
• Trade missions
• Participate in potential trade fair
• Mail and contact to visitors
Expected Deliverables or Projections
• Office space and service apartment
• Domestic and International alliances
THANK YOU