Wednesday, December 25, 2019
Wyndham International Business Case Study Essay - 1796 Words
Wyndham International Business Case Study Challenges facing Wyndham International There are a number of challenges facing Wyndham International in 2001 as they move forward to capture market share of a distinct upscale segment of the business and leisure travelers. In 2001, Wyndham was not a well-known name in the industry. The company had been suffering financially and had sold considerable assets in an effort to promote the Wyndham brand. The challenge of building branch recognition in a market dominated by a few key players such as Marriott, Hilton and Hyatt compounded by the fact that the travel and tourism market was already suffering from the backlash of the September 11, 2001 tragedy make Wyndhams challenge somewhatâ⬠¦show more contentâ⬠¦According to Porters Model, there are three strategies that can act as differentiators against competitors. They are cost leadership, differentiation and niche strategies (Turban, Leidner, McLean Wetherbe, p.44). Clearly, in the face of financial restructuring Wyndham can neither afford to price out of the ma rket nor afford to be the lowest cost provider. Establishing a differentiated experience or a niche strategy in the face of low brand recognition is a daunting task. Wyndhams differentiation strategy to build brand recognition and share of wallet in the upscale business and leisure travel market, hinges to substantial degree upon the success of a guest recognition program named Wyndham ByRequest. The design of the program is focused upon offering personalized service to the members. CRM capability and investment in technology is pivotal to successful delivery. Interestingly enough, Ãâmarketing research indicates that the primary elements driving selection decisions by business travelers were location and previous experience (Wyndham International: Fostering High Touch with High Tech, p. 8). Wyndham is obviously trying to capitalize upon the experience piece. While Wyndhams strategy plays well to this market research, one in three surveyed indicated that frequent-guest points and airline miles are important and this in itself presents a challenge to overcome.Show MoreRelatedWYNDHAM INTERNATIONAL: FOSTERING HIGH-TOUCH WITH HIGH-TECH1403 W ords à |à 6 Pages WYNDHAM INTERNATIONAL: FOSTERING HIGH-TOUCH WITH HIGH-TECH Summary The Harvard Business Review case study on Wyndham International discusses the inception of the hotel company, its initial exponential growth followed by a rapid decline in 1999 due to various external and internal factors. The organization restructuring and changes in management introduced several guest loyalty programs, ByRequest in particular, to allow Wyndham International to reestablish its brand. This paper discussesRead MoreThe Internal Environment Analysis : Wyndham Worldwide1590 Words à |à 7 PagesWyndham Case Study Executive Summary As a primary worldwide provider of travel-related services such as rentals, lodging, conference facilities, and timeshare exchange, Wyndham Worldwide has overcome inconsistent branding strategy, unstable mergers, and acquisitions, as well as the 2008 economic recession to retain its top position in the industry. An internal and external analysis of the company, opportunities, and threats faced by the firm, its competitive advantage, and a strategic focus revealRead MoreIt Strategy - Case Study8329 Words à |à 34 Pagesalignment of IT to business strategy affect the organisation of the IT function? Author ID No Opponents Tutor Joy Agbamuche 731126 Sirintip Saitong Shahid Mahmood Ole liljefors Michael Le Duc Abstract Date Purpose 2008-06-04 The primary goal of this research is to describe the IT function and examine how its alignment to an organisations strategy affects the way it is organised. Method The chosen method was a purely theoretical examination with the use of the case study of Windham InternationalRead MoreResponsibilities Of The Federal Government1126 Words à |à 5 Pagesmilitary and multiple law enforcement angencies to ensure that protection. In this digital age, cyberattacks are an ever increasing threat to national security. These attacks not only target government agencies but also private contractors that do business with the federal government as well. There can be no doubt that attacks involving military targets effect national security. It is harder to see how attacks against private industry can. However, protecting private sector businesses is becomingRead MoreCompetitive Analysis - Hotel2391 Words à |à 10 Pagesdevelopment | * New hire orientation program * International hourly training * Gateways * Core management training * Hotel Based Programs amp; Offerings * Essential Skills for Supervisors and Managers * InMotion!à * Get On Board * Ashridge Virtual Learning Resource Centre * Facilitator Lead Programs amp; Offerings * Additional Marriott Management Training * Property Strategic Planning Implementation * Courtyard by Marriott International University * Training On-Property ProgramsRead MoreUsing Hotel Amenities as a Tool2226 Words à |à 9 PagesUsing hotelââ¬â¢s amenities as a tool Iveta Per Florida International University Abstract This paper summarizes my research in area of lodging and hotel industry, focusing on importance, ordering and controlling amenities in hotels. I have gather information from hospitality industry journal articles, web sites and also directly from facilities to gain knowledge on importance of hotels amenities and guest perceived value of these amenities. This research also seeks to understand how the hotelsRead MoreHotel and Marketing Research4269 Words à |à 18 PagesVideo Case 4.1 Subaru: ââ¬Å"Mr. Surveyâ⬠Monitors Customer Satisfaction 1. Marketing research can play an important role in helping Subaru understand the devotion of consumers to its brand. It can help them understand the motivations, perceptions, and preferences of consumers in their market. It can also provide them with a profile of their loyal customers. 2. Management Decision Problem: What can Subaru do to improve customer loyalty? 3. The marketing research problem is to determine customerRead MoreAnalysis of Capital Structure of Ihg5725 Words à |à 23 Pages307473 307540 307576 308254 A dissertation in report form submitted in partial fulfillment of the requirements for Financial Management II of the Higher Diploma in Events, Hotel and Tourism Management IMI International Hotel Management Institute, Switzerland October 2010 Abstract: This report is illustrated about the capital structure of Inter Continental Hotel Group Company. The IHG Company is a large hotel company with a spectacular number ofRead MorePorter s Five Forces : Case Study Essay2274 Words à |à 10 Pages Business Environment 5.106 Porterââ¬â¢s five forces: Case study on Taj hotel Name: Mohammed Sakil Qurashi Student Id: 20151471 Contents Business Environment 1 5.106 1 Taj Groups of Hotels 3 Introduction 3 Outline of the report 3 COMPETITIONS 4 Theory of competition 4 Substitutes 6 Power of Buyers 7 Theory of power of Buyers 7 Power of sellers 8 Conclusion 9 Introduction The Indian hotels company limited (IHCL) and its subsidiaries also knownRead MoreIt Management Essay6676 Words à |à 27 PagesChapter 1. The Information Systems Strategy Triangle Chapter Overview This chapter presents a very simple framework, the Information Systems Strategy Triangle, which links business strategy with organizational strategy and information strategy. The chapter describes this model, and builds on several other popular strategy models and organizational models. The goal of this chapter is to make sure every student has a basic understanding of both strategy and organizations (in many management
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.