RESUM GENERAL IHM
U.1: INTRO
Hospitality: generous & friendly treatment of guests.
Reception of guests w/out reward
Attend to needs & kidness in welcoming
guests
Service: process that creates benefits by facilitating a change in customers, their physical possession or intangible assets.
APOSTLE MODEL: Hostages, Apostles, Defectors & Mercenaries.
U.2: STR
CHAIN OR BRAND: displayed to the public on the building and in all interactions w/ the customer.
PARENT CO: group consisting of multiple chains.
MANAGEMENT CO: operates a hotel for another party, it receives payment or a portion of profits.
OWNER: there are many co that own multiple hotels
ASSET MNGMT CO: represents the owner in the operation of a hotel.
STR: transformative hotel industry software that delivers the property- and portfolio-level insights needed to make smart, real-time decisions and optimise strategies across entire enterprises.
3 types of operation types:
CHAIN MANAGED OR CORPORATE: chain hotel owned and/or managed by the chain or the parent co
FRANCHISE: chain hotel run by a third party where the chain receives some sort of franchise fee.
INDEPENDENT: not affiliated w/ a chain or parent co
Geographic categories: market & submarket
Luxury
Upper Upscale
Upscale
Upper Midscale
Midscale
Economy
U.3: HOTEL STRATEGIC PARTNERSHIP
Arrangement between 2 co to help each other or work together, & make it easier for them to achieve their goals.
- Hotel brands partnerships: BT & Accor
- Loyalty program partnerships: Marriott & Starwood Alliance
- Partnership w/ airlines: airline loyalty program
- Partnership w/ luxury brands: Hotel Arts & Nespresso
- Partnership w/ CC companies: benefits in hotel like Diamond Status
- Partnerships w/ F&B: Piper Heidsieck & Intercontinental Hotel created a champagne lounge
U.4: INNOVATION
Significant change that alters an industry. Product & service innovation. Goal: commitment to continuous improvement & growth.
Why innovate?
- Changes in the customers needs: changing demand brings change.
- Intensification of competition: need to rethink strategies.
- Change in business environment: change of products, services and business model due to lack of business.
- NEW SEGMENTS: Ritz-Carlton cruise line
- NEW CONCEPTS: Star Wars Hotel
- TRIAL & ERROR: Enkore Bar Paris
- PLANNING: Gppgle Trips & Google Travel
- THE KEY OF EFFICIENCY: Henn Na Hotel, Nagasaki (robots being replaced by people to return to more traditional human provided services).
- INTEGRATING TECHNOLOGY: Mercure Hyde Park Hotel integrated Alexa in rooms
U.5: COMPETITIVE ADVANTAGES
What sets a company apart from its competitors. Allows a company to achieve and mantain superior margins & greater loyalty. Repetable comp adv can create sustained success & attract capital more rapidly
Company can deliver more value to a customer as the number of customer increases
THE GOLDEN CIRCLE: WHY??? The why of the company and what you believe in. Humans react to the part of the brain that controlls emotions
10 recomm:
- Identify competitor's adv to tailor your own
- Create authentic relationships
- Make "value added" meaningful
- Streamline direct booking
- Modernise
- Build brand experiences
- Polish interactions
- Leverage digital content to engage w/ guests
- Solve and welcome problems
- Sustain your adv LT
COST LEADERSHIP STRATEGIES: focus on reducing the cost for the production of services & allow the firm to gain comp adv by offering a similar service at a lower price compared to comp.
DIFFERENTIATION STRATEGIES:
Focus on adding features to the service that comp can't offer. Take adv of your uniqueness.
U.6: INT EXPANSION
BUSINESS GROWTH: growth in home country is limited
INTERNATIONAL BRANDING & LOYALTY: using the same brand when travelling.
ECONOMIES OF SCALE: higher level of productivity & purchasing power.
INCENTIVES: governments provide incentives to attract companies
EXPANSION PLAN
OBJ: Growth & internationalisation
CHOICE OF COUNTRY & BUSINESS FORM
MKTG PLAN
CONTROL SYSTEM TO MONITOR PERFORMANCE (KPI's)
EARLY ENTRANTS
LATE ENTRANTS
MARKET SELECTION
Entry type:
WHOLLY OWNED: buys, builds & operates
JOINT VENTURE: partnernship between domestic & foreign co
STRATEGIC ALLIANCE: co together by reservations & mktg systems
FRANCHISING: grants franchisee to tuse name, reputation & business skills
MNMGT CONTRACTS: contract between mngmt co & property owner for the return of mngmt fees
U.7: HOFSTEDE CROSS CULTURAL DIM
A staff should consider being culturally diverse to attend diff type of guests.
Hofstede developed 6 cross cultural dimensions
POWER DISTANCE: degree of inequality that is accepted between people w/ & w/ out power. High means hierarchical distribution of power, low means power is shared.
INDIVIDUALISM VS. COLLECTIVISM: tie that people have to other w/in the community. High IND means people focus on themselves "I". High COL means people are loyal to community "WE".
MASCULINITY VS. FEMINITY: High masulinity society inclined towards achievement, concentrated on material achievements. High femininity society inclined towards quality of life.
UNCERTAINTY AVOIDANCE: indicator of the extent to which uncertainty & ambiguity are tolerated. Future unknown. High UNC low tolerance for it and like to have rules. Low uncertainty unknown is more accepted.
LONG TERM VS SHORT TERM ORIENTATION: Long term orientation is pragmatic and focuses on the future & long term growth. Short term orientation are more normative and emphasis on present rather than future.
INDULGENCE VS RESTRTAINT: Measures extent & tendancy for a society to fulfill desires. High IND society likes to have fun. High REST society regulates people's behaviour
U.8: SERVICE CULTURE & ORIENTATION
Culture that supports customers service via polices, procedures, actions & reward systems
SERVICE STANDARDS: Co service philosophy, customer contact standards, grooming & appearance, telephone & email etiquette.
SERVICE STANDARD DESIGN: Consider things that will set your level of service apart from competition. Limit nº of standards and keep the standard brief, simple & light.
HIRING & SELECTION: emphasis on hiring attitude, select on strengths, people skills & talent.
HIDDEN COST OF HIRING & SELECTION: Training and loss of productivity.
ORIENTATION PROGRAM: First & last impression of the co, make employees more productive and what co expects from employees.
EMPOWERMENT: Ability of employee to exercise judgment to enhance the guest experience or solve a problem.
EMPOWERMENT PRACTICAL: Share responsibility, authority & resources. Employee who receives problem, owns & resolves it.
KEYS TO EMPOWERMENT: Identify tasks that can be delegated, schedule time for training, do performance reviews, trust others, give the person room to grow.
REWARD & RECOGNITION: Customer letters & remarks, high guest & employee satisfaction, high performance, employee of the month, attendance, treat to lunch, parking spot, flexible work schedule...
Employee is ultimate resource in providing value for customer.
Customer satisfaction & employee satisfaction are directly related.
Effective hiring, training empowerment & recognition will boost employee productivity & satisfaction