Hotel Strategy
The first strategy is to promote the spa at the Watermark Hotel. The spa is a key strength and competitive advantage of the hotel. Many new hotels have spas in them, but few hotels have exceptional spas, something the Watermark has. A great spa can help attract both business travellers looking for a break after a hard day at work, and recreational travellers looking to relax (Minnini, 2007).
Spas, like hotels, are differentiated by their branding. Customers identify with the branding of a spa and will seek out this branding when they travel (Borgman, 2011). This means there are two options for the spa at the Watermark. The company can continue with its current branding, which is linked to the hotel, or it can find a spa branding partner, which has an international name in the industry. Such a deal would allow the Watermark to license the spa premises, have a better spa brand, and leave its management to focus on running the hotel and catering side of the establishment. It is recommended that the company focus on building the strength of its own spa brand, so that it becomes known throughout Australia.
The objective of this strategy is to increase domestic visitors by 15% in the next year, and by 30% in two years. There are several reasons for the focus on domestic visitors. The first is that there are more tourists flying through the Gold Coast Airport and increasing flights (NW...
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