Taj Hotel

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  • Your informations are excellent.Thank you for the same.Best wishes from Dr.M.Ravi Kumar.
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Taj Hotel

  1. 1. Presented To Presented by- Mukesh Kr. Pandey Prof-Rashid Khan
  2. 2. CASE ON TAJ HOTELS
  3. 3. Taj hotel in Mumbai
  4. 4. CONTENT <ul><li>VIEW OF HOTEL INDUSTRY </li></ul><ul><li>CHALLENGES FOR HOTEL INDUSTRY </li></ul><ul><li>INTRODUCTION OF TAJ HOTELS. </li></ul><ul><li>MARKETING MIX. </li></ul><ul><li>STP ANALYSIS. </li></ul><ul><li>COMPETITOR. </li></ul><ul><li>MERSER & ACQUISITION. </li></ul><ul><li>ETOP </li></ul><ul><li>SAP ANALYSIS </li></ul><ul><li>CONCLUSION. </li></ul>
  5. 5. VIEW OF HOTEL INDUSTRY <ul><li>What is Hotel Industry? </li></ul><ul><li>“ A Building Where Travelers Can Pay for Lodging and Meals and Other Services ” </li></ul><ul><li>Objectives of Hotel Industry </li></ul><ul><li>Customer Satisfaction </li></ul><ul><li>Health </li></ul><ul><li>Safety Environment </li></ul><ul><li>To Promote Tourism </li></ul>
  6. 6. STAR RATED HOTELS 5 DELUXE & 5 : LUXURY AT HIGH PRICE , 27 % GOVT. APPROVED ROOMS FORMS 30% OF INDUSTRY BUILT OVER 18000 sq.m AREA 2 & 1 : AROUND TOURIST SPOT, PREFERRED BY DOMESTIC TOURIST 4 & 3 : FOR MIDDLE LEVEL BUSINESS EXECUTIVES / LEISURE TRAVELLERS Eg : ITC, TAJ GROUP, OBEROI GROUP, ITDC
  7. 7. HERITAGE CLASSIC: HOTELS CONSTRUCTED BETWEEN 1920 - 1935 HERITAGE GRAND: HOTELS CONSTRUCTED PRIOR TO 1920 HERITAGE: HOTELS CONSTRUCTED AROUND 1935 – 1950 HERITAGE HOTELS <ul><li>CHARACTERISED BY LESSER CAPITAL EXPENDITURE AND </li></ul><ul><li>AFFORDABILITY . </li></ul><ul><li>OPERATE FROM FORTS, PALACES, CASTLES, RIVER </li></ul><ul><li>LODGES, HERITAGE BUILDINGS ETC. </li></ul>
  8. 8. <ul><li>SPECIALLY EQUIPED WITH CONFERENCE ROOMS, SEMINAR HALLS, INTERNET FACILITIES ETC. TO SUIT THE CORPORATE GUESTS. </li></ul><ul><li>Eg: INTER-CONTINENTAL, CROWNE PLAZA </li></ul>BUSINESS HOTELS AIRPORT HOTELS <ul><li>LOCATED NEAR AIRPORTS AND SUITABLE FOR SHORT STAY TRAVELLERS. </li></ul><ul><li>ARE FOUND NEAR ALL MAJOR CITY AIRPORTS. </li></ul>HONEYMOON HOTELS <ul><li>MOSTLY LOCATED AT HILL STATIONS AND SPECIALLY FASCILITATED TO SUIT THE COMFORTS OF HONEYMOON COUPLES. </li></ul><ul><li>Eg. HOTEL WOODVILLE PALACE, CARLTON HOTEL, HOTEL HONEYMOON INN ETC. </li></ul>FACILITY HOTELS
  9. 9. Challengeg for Hotel Industry <ul><li>1. Shortage of skilled employees </li></ul><ul><li>2. Retaining quality workforce </li></ul><ul><li>3. Shortage of rooms </li></ul><ul><li>4. Intense competition and image of India </li></ul><ul><li>5. Customer expectations </li></ul><ul><li>6. Manual back-end </li></ul>
  10. 10. INTRODUCTION OF TAJ HOTEL <ul><li>The Indian Hotels Company (IHC) is the parent company of Taj Hotels Resorts and Palaces. </li></ul><ul><li>It was founded by Jamsetji N. Tata on December16, 1903. </li></ul><ul><li>Currently the Taj Hotels Resorts and Palaces comprises 57 hotels at 40 locations across India </li></ul>
  11. 11. Cont………. <ul><li>Additional 18 hotels are also being operated around the globe. </li></ul><ul><li>During fiscal year 2006, the total number of hotels owned or managed by the Company was 75. </li></ul><ul><li>The Taj hotels are categorized as luxury, leisure and business hotels. </li></ul>
  12. 12. Cont………. <ul><li>The Taj Luxury Hotels offer a wide range of luxurious suites with modern fitness centers, rejuvenating spas, and well-equipped banquet and meeting facilities. </li></ul><ul><li>The Taj Leisure Hotels offer a complete holiday package that can be enjoyed with the whole family. </li></ul>
  13. 13. Cont……… <ul><li>It provides exciting activities ranging from sports, culture, environment, adventure, music, and entertainment. </li></ul><ul><li>The Taj Business Hotels provide the finest standards of hospitality, which helps the business trips to be productive. </li></ul><ul><li>They offer well-appointed rooms, telecommunication facilities, efficient service, specialty restaurants and lively bars, well-equipped business centres, and other conference facilities </li></ul>
  14. 14. THE TAJ GROUP OF HOTELS SEGMENTATION <ul><li>TAJ LUXURY HOTELS – </li></ul><ul><li>TAJ PALACE, </li></ul><ul><li>TAJ MAHAL, </li></ul><ul><li>TAJ BENGAL, </li></ul><ul><li>TAJ WEST END </li></ul><ul><li>OFFER FINEST STANDARD OF HOSPITALITY & SERVICE </li></ul><ul><li>TAJ BUSINESS HOTELS: </li></ul><ul><li>TAJ PRESIDENT, </li></ul><ul><li>TAJ RESIDENCY, </li></ul><ul><li>TAJ CONNEMARA, </li></ul><ul><li>TAJ BLUE DIAMOND </li></ul><ul><ul><ul><li>OFFER </li></ul></ul></ul><ul><ul><ul><li>MULTI – CUISINE RESTAURANTS & BEST BUSINESS FASCILITIES </li></ul></ul></ul><ul><li>TAJ LEISURE HOTELS: </li></ul><ul><li>TAJ BEACH RESORT, </li></ul><ul><li>TAJ CULTURAL CENTRE, </li></ul><ul><li>TAJ GARDEN RETREATS </li></ul><ul><li>LOCATED AT BEACH RESORTS, PALACES, PILGRIM CENTRES ETC. </li></ul>
  15. 15. Vision <ul><li>The Taj Group of Hotels commits itself to the overall improvement of the ecological environment, which we are all a part of. </li></ul><ul><li>We recognize that we are not owners but caretakers of the Planet and owe it to our children and future generations of humankind. </li></ul><ul><li>It is our endeavor not only to conserve and protect but also to renew and regenerate the environment in which we live and operate </li></ul>
  16. 16. Cont……… <ul><li>Our commitment encompasses all actions related to our products, services, associates, partners, vendors and communities. </li></ul><ul><li>We will partner and engage with our environment through EARTH: Environmental Awareness and Renewal at Taj Hotels. For us EARTH is not a program, nor a process; it is a way of life </li></ul>
  17. 17. Global award………. <ul><li>Sep-2008 </li></ul><ul><li>Taj Hotels Resorts and Palaces is proud to receive the 2008 </li></ul><ul><li>GOLD Magellan Award for its Brand Campaign - 'No Room for </li></ul><ul><li>the Ordinary' in the Advertising / Marketing Campaign Category </li></ul><ul><li>and Print advertising Category . </li></ul><ul><li>Sep-2008 </li></ul><ul><li>Taj Hotels Resorts and Palaces is proud to receive the award for </li></ul><ul><li>‘ The Best Business Hotel Chain in India’ by the readers in UK at </li></ul><ul><li>the 2008 Business Traveller Awards. </li></ul><ul><li>Sep-2008 </li></ul><ul><li>Taj Hotels Resorts and Palaces tops the ranking in hotels segment </li></ul><ul><li>in 'Asia Pacific's Top 1,0-00 Brands' survey for 2008. </li></ul>
  18. 18. National award <ul><li>Apr-2009 </li></ul><ul><li>Jiva Spa is nominated for the award of ‘Best Spa Treatment –Ventoz’ Asia Spa India Awards held on 8th April 2009 held atDelhi </li></ul><ul><li>Jan-2008 </li></ul><ul><li>Dun & Bradstreet - American Express Corporate Awards 2007 -India's Top 500 Companies 2007 - in the &quot;Hotels&quot; category - TheIndian Hotels Company Ltd. </li></ul><ul><li>Jan-2008 </li></ul><ul><li>Taj Hotels Resorts & Palaces - Avaya GlobalConnect CustomerResponsiveness Awards 2007- “ India’s Most CustomerResponsive Hotel “ – Category Hotels. </li></ul>
  19. 19. <ul><li>Mile stone of Taj GROUP </li></ul><ul><li>1903 </li></ul><ul><li>The Company opens its first hotel, the &quot; Taj Mahal Palace &quot; in Mumbai, India. </li></ul><ul><li>The Company opens its first five star deluxe beach resort, the &quot; Fort Aguada Beach Resort&quot; in Goa .  </li></ul><ul><li>1974 </li></ul><ul><li>The Company begins business in metropolitan hotels by opening the five star deluxe hotel, the &quot; Taj Coramandel &quot; in Chennai </li></ul>
  20. 20. <ul><li>1980 </li></ul><ul><li>The Company opens its first hotel outside India, the &quot;Taj Sheba Hotel&quot; in Sana'a, Yemen . </li></ul><ul><li>1984 </li></ul><ul><li>The Company entered into a licence agreement to operate the &quot; Taj West End &quot; in Bangalore, &quot; Taj Connamera &quot; in Chennai and the &quot; Savoy &quot; in Ooty . </li></ul><ul><li>1989 </li></ul><ul><li>The Company opens a five star deluxe hotel in Calcutta, the &quot; Taj Bengal </li></ul>
  21. 21. <ul><li>1990 </li></ul><ul><li>The Company establishes the Taj Kerala Hotels and Resorts Limited with the Kerala Tourism Development Corporation. </li></ul><ul><li>1998 </li></ul><ul><li>The Company opens the &quot; Taj Exotica &quot; in Bentota, Sri Lanka. </li></ul><ul><li>2000 </li></ul><ul><li>The Company establishes Taj GVK Hotels and Resorts Limited with the GVK group to operate three hotels in Hyderabad. </li></ul><ul><li>2001 </li></ul><ul><li>The Company is awarded the management contract for the &quot; Taj Palace &quot;, Dubai.  The Company launches the &quot; Taj Exotica Spa and Resort &quot; in Maldives. </li></ul><ul><li>2002 </li></ul><ul><li>The Company obtains licenses to manage and operate two leisure hotels: the &quot; Rawal-Kot &quot; in Jaisalmer and the &quot; Usha Kiran Palace &quot;, Gwalior.  </li></ul>
  22. 22. <ul><li>2003 </li></ul><ul><li>The Company relaunches its flag ship property as the &quot; Taj Mahal Palace and Tower . </li></ul><ul><li>2004 </li></ul><ul><li>The Company launches its first luxury serviced apartments, &quot; Wellington Mews &quot; in Mumbai.  The Company opens its first economy hotel under the brand &quot;Ginger&quot; in Bangalore. </li></ul><ul><li>2005 </li></ul><ul><li>The Company obtains a management contract to operate &quot; The Pierre &quot; in New York, USA.  The Company entered into a management contract to operate the &quot; Taj Exotica &quot; in Palm Island, Jumeirah, Dubai.  The Company obtained the operating agreement for the &quot; Umaid Bhavan Palace&quot; in Jodhpur. </li></ul>
  23. 23. <ul><li>2006 </li></ul><ul><li>The Company acquires the &quot;W&quot; hotel in Sydney, Australia which is later renamed as the &quot; Blue Sydney &quot;.  The Company commences operation of its first wildlife lodge at  Mahua Kothi, Bandhavgarh . </li></ul><ul><li>2007 </li></ul><ul><li>The Company acquires the &quot;Ritz-Carlton&quot; in Boston, USA which is later renamed as the &quot; Taj Boston .&quot;   The Company commences operation of its second wildlife lodge at  Baghvan, Pench . </li></ul>
  24. 24. MARKETING MIX STRATEGY OF TAJ HOTELS <ul><li>Products </li></ul><ul><li>Room </li></ul><ul><li>Restaurant and Bar. </li></ul><ul><li>Meeting room and Banquet facility </li></ul><ul><li>Amenities </li></ul><ul><li>Services </li></ul><ul><li>Safe deposit box </li></ul>
  25. 25. Special services <ul><li>courier </li></ul><ul><li>Child care </li></ul><ul><li>Laundry </li></ul><ul><li>Pet </li></ul><ul><li>Internet </li></ul><ul><li>Travel desk </li></ul><ul><li>Babysitting </li></ul><ul><li>Wake-up call </li></ul>
  26. 26. <ul><li>Barber shop </li></ul><ul><li>Boutiques </li></ul><ul><li>Currency exchange </li></ul><ul><li>In room telephone service </li></ul><ul><li>Express check -in and out </li></ul><ul><li>Florist </li></ul><ul><li>Front desk 24 – hour </li></ul><ul><li>Gift shop </li></ul><ul><li>Maid service </li></ul>
  27. 27. <ul><li>PRICE </li></ul><ul><li>Taj hotel has set its price of the room on the basis of Business, Leisure and Luxury class. </li></ul><ul><li>Rate </li></ul>The Taj Suite US$-175 Executive Suite US$ -125 Standard sea view double US$-75 Standard sea view single US$-75 The Taj Lady US$-90
  28. 28. <ul><li>PLACE </li></ul><ul><li>Location of the hotel is the most important business decision for the hotel. </li></ul><ul><li>Present in metro cities in India </li></ul><ul><li>Global presence (Maldives,London,Dubai,Colombo) </li></ul>
  29. 29. <ul><li>PROMOTION STRATEGY </li></ul><ul><li>Promotional schemes are carried on regularly the hotel has many loyalty programe,clubes,membership,previlage etc some of them are </li></ul><ul><li>The Taj Inner Circle. </li></ul><ul><li>The Taj Junior League. </li></ul><ul><li>The Taj Club . </li></ul><ul><li>Taj also offer Taj surprises including weekend savers,value vouchers,book early get more, </li></ul><ul><li>ADVERTISEMENT </li></ul><ul><li>Business news paper(E.T, Financial Express, Bombay Times) </li></ul><ul><li>T.V channels like STAR NEWS,CNN and CNBC. </li></ul><ul><li>Magazines like THE OUT LOOK TRAVELAR,GO NOW and TRAVEL. </li></ul>
  30. 30. <ul><li>Physical Evidence </li></ul><ul><li>Lobby- It being the first & the last part of the hotel that the guestsees,thus it should be well designed, also to ensure that the customer returns again the room should be comfortable and should </li></ul><ul><li>have made his stay hassle free </li></ul><ul><li>Process </li></ul><ul><li>Major service encounter that extremely delighted or disappointed are: </li></ul><ul><li>Check – in. </li></ul><ul><li>Bell person carrying luggage to the room. </li></ul><ul><li>Food. </li></ul><ul><li>Wake up call </li></ul><ul><li>Check out. </li></ul>
  31. 31. People <ul><li>Skilled person </li></ul><ul><li>Professional person </li></ul><ul><li>Personal Agents </li></ul><ul><li>Technological person </li></ul><ul><li>Travel agents </li></ul>
  32. 32. <ul><li>COMPETITER </li></ul><ul><li>The hotel has many competitors like </li></ul><ul><li>The Oberai towers </li></ul><ul><li>The Marine Plaza </li></ul><ul><li>The Orchid. </li></ul><ul><li>Le Meridian </li></ul><ul><li>Acqusition-hotel blue diamond pune. </li></ul>
  33. 33. <ul><li>STP analysis </li></ul>
  34. 34. Segmentation <ul><li>Geographical segmentation </li></ul><ul><li>Demographical segmentation </li></ul><ul><li>Psychographic segmentation </li></ul><ul><li>Behavioral segmentation </li></ul>
  35. 35. THE TAJ GROUP OF HOTELS SEGMENTATION <ul><li>TAJ LUXURY HOTELS </li></ul><ul><li>TAJ PALACE, </li></ul><ul><li>TAJ MAHAL, </li></ul><ul><li>TAJ BENGAL, </li></ul><ul><li>TAJ WEST END </li></ul><ul><li>OFFER FINEST STANDARD OF HOSPITALITY & </li></ul><ul><li>SERVICE </li></ul>
  36. 36. TAJ LEISURE HOTELS <ul><li>TAJ BEACH </li></ul><ul><li>RESORT, </li></ul><ul><li>TAJ CULTURAL CENTRE, </li></ul><ul><li>TAJ GARDEN </li></ul><ul><li>RETREATS </li></ul><ul><li>LOCATED AT BEACH RESORTS,PALACES, PILGRIM CENTRES ETC. </li></ul>
  37. 37. Positioning <ul><li>Through print media </li></ul><ul><li>Electronic media </li></ul><ul><li>Magazines </li></ul><ul><li>Online advertising </li></ul>
  38. 38. Targeting <ul><li>Targeting is a group of people who have common need, and behavior. </li></ul><ul><li>Business class </li></ul><ul><li>Upper class </li></ul><ul><li>Tourists </li></ul>
  39. 39. Mergers and acquisitions Indian Hotels Starwood Group (W Hotel) Sydney Dec 2005 The Pierre US July 2005 Regent Hotel (renamed Taj Lands End) India September 2002
  40. 40. ETOP Factors Sub factor opportunity threats Neutral Neutral Law making, Tax policy, Price control, Internal Environment legal Employment law, Govt. policy economical Interest rate, Inflation, exchange rate Socio culture technological competitor
  41. 41. SAP analysis factors strategy strength weakness Neutral Marketing mix P 1 P 2 P 3 P 4 HR Finance Production operation system

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