Preview

Marriot

Good Essays
Open Document
Open Document
505 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Marriot
The targeting strategies that Marriott’s Hotel is using
Targeting is the process of evaluating and it selecting the most viable market segment to enter. The targeting strategies that Marriott’s Hotel using are differentiated marketing and niche marketing.

Differentiated Marketing
Marriot’s is an airport hotel which it cliental is limited to business guests and tourist. This hotel is helps for Emirates airlines which is getting more revenue from the crewmembers in term of rooms, foods and beverage. Marriott’s hotel had targeted the different types of travelers such as business guests, families and budget travelers. Marriott’s Hotel had using some targeting strategies in the market.
The first strategy that Marriott’s had be using is differentiated marketing. A differentiated strategy means target the market segment are separated and designed a unique product to match the needs of consumers. Residence Inn Hotel by Marriott’s which the customer targets for Residence Inn is the travelers who are desire a home like atmosphere when travelers first enter their room. Residence Inn Hotel designed their hotel to feel like in own home and they also prepared some social events to match with the needs of those travelers who desire to have the feel of home. And, Springhill Suites which is a moderate hotel that always offering travelers or families to spread out, feel refreshed and take a break from the stress of being on the road before they having a goodnight rest.
Besides that, Courtyard by Marriott’s is also target the differentiated marketing. This hotel is target for the traveling business travelers and the location that designed by Courtyard is to let business travelers know that there's a great place to release their stress. Courtyard had prepared a special design’s large rooms, a feature large table which is provide for those business traveler who having their meeting preparation. Marriott’s also prepared many meeting rooms for those heavy users of technology

You May Also Find These Documents Helpful

  • Better Essays

    Since the stakeholders revokes their contract with Regale Properties whose str market?” ategy is to host the city’s festival as marketing strategy to launch the hotel product offerings into the market and prefer moving into franchise with Marriott for best reasons known to them. The decision problem becomes “How do we better position and market the hotel product offerings into the mature competitive To better define the problem at hand, we need to identify key decision elements surrounding the problem such as:……………………………………………………............................................................…

    • 3594 Words
    • 15 Pages
    Better Essays
  • Powerful Essays

    Ashford Bus 421 Final

    • 4866 Words
    • 20 Pages

    The Courtyard brand is not just a product that provides a place to sleep, meet or eat but a total system that guests buy. The system is made up of everything we do. Everything Marriott does add or detracts from the value of the brand. The Courtyard by Marriott brand, although a strong choice among travelers, has seen a decline due to the lag of keeping with the technological advancements as featured with their main competitors, Hyatt Place and Hilton Garden Inn.…

    • 4866 Words
    • 20 Pages
    Powerful Essays
  • Good Essays

    In this article the marketing concept of targeting a segment is present. This major marketing concept involves dividing the marketing mix into segments. These distinct sub groups (target segments) comprise of buyers that react differently to various marketing techniques (Sharp, 2013, p.221). This particular marketing concept acknowledges that the needs and desires of consumers vary. Thus, by targeting sub-groups within the marketplace, businesses can modify their marketing strategy in attempt for future growth, success and customer retention (Marketing91, 2014).…

    • 512 Words
    • 2 Pages
    Good Essays
  • Best Essays

    The major conclusion after analyzing all the facts which are relevant for this report is that the Marriott is a wonderful company whereby the employees are the basis of their success. The current differentiation strategy of Marriott fits with their mission and vision and is implemented successfully throughout the organization. After conducting research via various models it can be concluded that there is no need to develop a new strategy, since they do reach all their goals with the current strategy.…

    • 4812 Words
    • 20 Pages
    Best Essays
  • Best Essays

    The most important strategy for Marriott is its complete brand portfolio. The company operates in five business segments: North American full-service, North American limited-service, timeshare, luxury and International. Each segment has several brands targeting different customer bases: luxury, upper moderate, moderate and lower moderate. As result, Marriott’s strong and rich brand portfolio gives it high brand recognition and diversified revenue resources.2…

    • 2053 Words
    • 9 Pages
    Best Essays
  • Good Essays

    Marriott Company History

    • 343 Words
    • 2 Pages

    The purpose of this report is to give a general overview of Marriott International Inc. as the place which offers great career opportunities and benefits. Marriott International Inc. is one of the most respectable corporations in the United States. In considering potential companies to work for, Marriott is a top choice for many reasons. My research involved all aspects, thus making the report objective and informational. Marriott provides the highest quality of service in the hotel industry, constantly improving and innovating products. Also, it is one of the best work places according to Fortune 500. Marriott is a global player and stands to benefit from the hospitality industry for some time to come.…

    • 343 Words
    • 2 Pages
    Good Essays
  • Satisfactory Essays

    marriot

    • 956 Words
    • 4 Pages

    2) How does Marriott use its estimate of its cost of capital? Does this make sense?…

    • 956 Words
    • 4 Pages
    Satisfactory Essays
  • Powerful Essays

    marriott research paper

    • 2166 Words
    • 9 Pages

    Marriott International is one of the most well-known and respected hotel chains in the world. They have maintained an incredibly high reputation in the industry for decades while also being the most profitable. They are currently ranked #217 on Fortune 500 with 12.317 billion in revenue, highest in the hotel industry by three billion. Marriott wasn’t always the giant it is today. Their phenomenal achievements are a result of a well thought out vision, purpose, strategy, and core values. These features created an outstanding backbone for a great company using tactics discussed in Built to Last by Jim Collins. These ideas implemented years ago are holding true, keeping Marriott International two steps ahead of their competitors in all aspects of business.…

    • 2166 Words
    • 9 Pages
    Powerful Essays
  • Better Essays

    Marriott Hotels, Resorts, and Suites are known world wide for their superior hospitality company. They were founded in 1927 by J. Willard and Alice S. Marriott and currently operate around 3,000 lodging properties in the United States as well as 67 in other countries (Malhotra, 2010, p. 517). Marriott is a name that is known by most people and continues to grow and improve its services throughout time. The hospitality industry has a tough job at times because they are responsible for making people feel as if they never left home. Whether this is by providing something as simple as a bed and a shower or by having extremely luxurious rooms with lavish pools, gyms, and excellent service. Either way, Marriott has to provide a room and services that make people want to stay at their location when they are away from home and come back each and every time. This job is difficult, but to their advantage, they are able to use marketing research as a means to get quality information on problems or issues that are of importance.…

    • 1318 Words
    • 6 Pages
    Better Essays
  • Better Essays

    Marriott International is a leading lodging company that has grown drastically within the last century. Currently the company maintains “…more than 3,700 properties in 74 countries and territories worldwide” (Liberty Group, 2013, para. 4). The company remains “…grounded in a set of core values: put people first, pursue excellence, embrace change, act with integrity, and serve our world” (Marriott, 2013, para. 1).…

    • 1157 Words
    • 5 Pages
    Better Essays
  • Powerful Essays

    ethical issue of alcohol

    • 9785 Words
    • 40 Pages

    In this portfolio I am going to discuss about introduction to global tourism and hospitality, industry interrelated nature of tourism and the challenges faced while entering this industry. I have also spoken about the current issues in which I have explained about the history of HYATT and the impact it has worldwide. Apart from I have explained about advantages and disadvantages of ownership, difference between luxury and boutique hotels, similarities of cruise& resort hotels and analysing that why casino is popular for developer. Further in case study I have explained the problem in the case study and its critical issues along with a suitable solution for it. In second case study I have explained about the installation of PMS system and the decision making involved in the organisation. For this portfolio I have visited some places and given the description about it for e.g. coffee shop, shark bar, The Star and a local restaurant named Gungho. An further I am discussing about cost reduction methods and how it helps in improving performance business operation and about CSR. An at last there is explanation about the current and future trends of hotel.…

    • 9785 Words
    • 40 Pages
    Powerful Essays
  • Powerful Essays

    Market targeting: The process of evaluating each market segments attractiveness and selecting one or more segments to enter.…

    • 3316 Words
    • 13 Pages
    Powerful Essays
  • Satisfactory Essays

    Marriot

    • 984 Words
    • 4 Pages

    In my choice of Marriott’s stock, I made a good investment. I originally purchased the stock for a price of 41.22$. Today, I sold my stock for a price of 43.49$. I made a profit of 2.47$ per stock. And I bought ten of them, so this semester with my Marriot share, I made 24.70$. Some reasons Marriott’s stock is doing well is because they increased there dividend by 30%.…

    • 984 Words
    • 4 Pages
    Satisfactory Essays
  • Good Essays

    Market Plan

    • 1429 Words
    • 6 Pages

    From 1927 Marriot Hotel is a leading brand in hospitality industry. Marriot Hotel has grown into a well established international group with more than 3000 hotels all around the world. Marriot Hotel holds several popular brands in hotel industry such as Renaissance Hotels, Ritz-Carlton, Courtyard and Residence Inn. The hotel provides additional benefits and points to frequent and business travelers making loyal customers. Marriot Hotel near Heathrow international airport is a four star hotel located in A4 near terminal 1 and 3 targeting tourist and travelers from all around the world. The world class services and excellent customer service make the brand very popular among the passengers. (History of Marriot, 2012)…

    • 1429 Words
    • 6 Pages
    Good Essays
  • Powerful Essays

    References: Cahill, D., (1997), How Consumers Pick a Hotel: Strategic Segmentation and Target Marketing, The Haworth Press, Inc., New York…

    • 1882 Words
    • 6 Pages
    Powerful Essays

Related Topics