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Exotica Hotel

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    Marketing Plan on Exotica Hotels

    4th Semester

    Submitted to: Prof Rajesh VyasBESs IMSR

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    Name Roll No.

    Yatin Aher 01

    Neha Bavisi 03

    Amar Bohra 06

    Naeem 29

    Priyanka Shah 51

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    Market Size of Hotel industry 17 00 Crore

    Demand and Supply gap

    Supply of 1. lakh rooms, demand exceeding by

    1.5 lakh rooms

    Increase in Foreign Tourist Arrivals

    FTAs during January 010 were 4 1,000 as

    compared to 4 ,000 in January 00 , an

    increase of 16.4 per cent. In all number oftourists visiting India is projected to reach 10

    million in 010

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    Marketing Objectives

    To continue to communicate our strategic objectives toour target markets effectively.

    To provide a positive hotel experience to all our guests.

    To accomplish our growth targets within the given timeand budget.

    Expand our markets and identify new markets for ourproduct and services.

    Strategy pyramidWe will provide: The Best Business facilities

    Personalized Services

    Luxurious Amenities

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    Increase overall room revenue by 10% on the

    past year.

    Increase corporate contracted rates to

    reflect the return of confidence in thecorporate travel market.

    Keep payroll expenses down and reduce the

    level of overtime within the workforce.

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    Geographic: Pune - population of 5.64 million

    Target Market Strategy

    Targeting corporate guests with a two to

    three night stay requirement.Local firms will be targeted for day use of

    conference facilities, room nights forvisiting executives and long stay

    professional guestsannually contracted clients from the

    travel trade

    High income group families

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    Product : food, conference rooms etc.

    Price : pricing strategy has been consistent

    with the differentiation objective

    Corporate single Rs. 000;

    Corporate double Rs. 3500;

    Corporate double deluxe Rs. 5000;

    Corporate suite Rs. 6000.00 (maximum occupancy

    persons).

    The Exotica Boardroom Rs. 3000; The Exotica Conference Hall Rs. 5500;

    The Exotica Ballroom Rs. 8000

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    Place: Pune, Maharashtra

    Promotion : print ads, direct mail campaigns,

    publications on the Internet, personal selling

    People : manager, reception staff, sheaf,waiter etc

    Process : search information, make

    reservation, confirmation, check in , add on

    services , order provision, check out Physical evidence : building, parking place,

    chair-table arrangement etc

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    Strength

    Structure

    Skilled staff

    Brand strength

    Loyalty

    Location

    Fresh & innovative business

    idea

    Weakness

    System

    Facility

    Staff turnover

    Facilities upgrading

    /renovation required

    Opportunity

    Growing market

    Less competition

    Threat

    Market Entry

    Substitutes

    Economy

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