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A PROJECT REPORT


                                      On


                  “Market Research on Corporate Clients”


                                      For


                             “The O Hotel, Pune”


         In partial fulfillment of the Master of Business Administration


                                       By


                                Komal Gandhi




SMT. HIRABEN NANAVATI INSTITUTE OF MANAGEMENT AND RESEAERCH
                                FOR WOMEN
                      KARVENAGAR, PUNE-411 052


                                Batch- 2010-12


                                       1
CERTIFICATE




This is to certify that the project entitled “Market Research on Corporate Clients” has been
successfully carried out by Ms. Komal Gandhi in partial fulfillment of Master of Business
Administration under my guidance during the academic year 2010-2012.




Date:                                                           Prof. Prasad Bhagwat

                                                                    (Internal guide)




          SMT.HIRABEN NANAVATI INSTITUTE OF MANAGEMENT

                          AND RESEARCH FOR WOMEN

                          KARVENAGAR, PUNE-411 052




                                            2
DECLARATION




I, Komal Gandhi, MBA student of SMT.HIRABEN NANAVATI INSTITUTE OF
MANAGEMENT, Pune do hereby declare that this report titled “Market Research on
Corporate Clients” for the Hotel O is a bonafide work done by me under the supervision
of Mr. Aroon Cardoze, Marketing and sales manager of THE O, Pune and is submitted to
University of Pune. I also declare that this study report is a part of my MBA curriculum and I
have not submitted this report partially or fully for the award of any degree or diploma.




                                                                              Komal Gandhi




                                              3
ACKNOWLEDGEMENT




        I would like to express my profound gratitude to our Director Dr. Bharti Dole for all her
support and constant encouragement extended by her.

         I would also like to thank my internal guide Prof. Prasad Bhagwat for rendering me the
whole hearted and proper guidance and also for providing me with all the facilities and
amenities that helped me to complete this project successfully in time.

         I express my sincere gratitude to my company guide, Mr. Aroon Cardoze, Marketing
and Sales Manager for providing me all guidelines and inputs that were essential for successful
carry out of the project work in THE O. I place on record my sincere thanks to all the other
company staff that have in some way contributed to the completion of the project in time. I
thank all respondents who helped me by giving me their valuable feed backs for the completion
of the project.

       Above all I sincerely thank The God Almighty and my affectionate parents without
whose blessings I could not have completed this work.




                                                                                 Komal Gandhi




                                               4
INDEX




Sr. No.             Title            Page Number

  1         Executive Summary             7



  2           Company Profile            10




  3              Objectives              20



  4        Research Methodology          24



  5            Data Analysis             28



  6       Findings and Conclusions       45



  7             Suggestions              49



  8             Limitations              51



  9             Bibliography             52




                            5
GRAPH INDEX


Figure

 No.              Title           Page Number

  1            Awareness              29



  2       Industry approached         30



  3       Size of the company         31



  4            Negotiation            32



  5         Hotel preferred           33



  6          Requirement              35



  7        Influencing factors        36



  8      Residential conference       37



  9      Annual day celebration       39




                      6
Executive

Summary


    7
An Executive summary contains information for the readers to get a brief knowledge about

the report without reading it. The Executive Summary includes a gist of the Company Profile,

Objectives, Research Methodology, Findings and the conclusions and suggestions.


Company Profile:

Group: The Oxford Group


Company Name: The O Hotel, Pune


Founders: Mrs. Neelam & Mr. Anil Seolekar


Objectives:

The objectives of this report include primary and secondary objectives. The primary objective

of my project was Market research on corporate clients, I completed the same by finding new

companies, Taking appointments, meeting the concerned person of the company and at last

getting the check list filled so as to get data for the Hotel. The secondary objectives of the

project were working with different department s such as the Banquet sales, Human Resource

etc…


Research Methodology:


This part of the report includes the method followed to complete the research. This includes

points such as instruments used, sample size etc.


Data Analysis:


This part of the report shows a brief description of the check lists that were filled by me in the

project span. It shows the tabular and graphical form of the data collected.




                                                8
After the Data analysis the report contains findings from each department and lastly the

conclusions and suggestions such as the industry is in boom, suggestions for the hotel such as

changing the staff policies etc.


This project talks about the market research on corporate clients. The background talks about

various factors that have led us to undertake this study and how and to whom this report will

benefit. Objectives talks of types of data the research project will generate and how these data

is relevant. A statement of value of information is also included in this section. Research

approach gives a non technical description of the data collection method, measurement

instrument, sample and analytical techniques.




                                                9
Company
 Profile


    10
THE OXFORD GROUP, PUNE

The „O‟ Hotel is a part of the Oxford Group of companies; Oxford Group was formed in

1986. In the years since, it has consciously cultivated an approach that focuses on innovation

and quality, always keeping the customer at the forefront. The Oxford Group Includes:-


The „O‟ Hotel, Pune:


The „O‟ is a trend setting concept, breaking the traditional concepts of luxury and redefining

the term to set new standards of comfort levels and the ultimate in style has opned in Pune at

Koregoan Park in 2008, property with 13 suites and 99 rooms offers international standards

of service, state of the art amenities & culinary excellence. Website: www.ohotelsindia.com


The „O‟ Resort & Spa, Goa (5 Star Deluxe Beach Resort)


Nestled on the North coast of Goa, overlooking the serene turquoise Arabian Sea, a paradise

of luxurious, peaceful delight is The O Resort & Spa, Goa. The resort comprises of 75

luxurious rooms.. Website: www.ohotelsindia.com


Oxford Golf & Country Club: Spread over 1000 acres, its Pune's first golf integrated

township offering residential, hospitality & leisure facilities Website: www.ogcc.in


Oxford Aviation: Charter Chopper services by Bell 407, a smooth 2 hour nonstop to any

destination across the country in that range. Website: www.oxfordgroup.in


Oxford Nissan: Authorized Nissan Cars dealership for the region of Pune with its state of

the art showroom and workshop at Baner, Pune. Nissan in India has a product line up of

Luxury Sedan Nissan Teana, SUV Nissan Xtrail and the much awaited now Nissan Micra a

world compact car. Website: www.oxfordnissan.co.in




                                              11
INTRODUCTION TO THE O HOTEL, PUNE

Conceived by owners Neelam & Anil Seolekar of The Oxford Group, The O Hotel is being

introduced as fashionable with chic elegance that attracts all senses of design, colors, lighting,

art and music. The striking, fashionable and bold interiors are the concepts of Les Harbottle, a

famous South African interior designer.



The O is a hotel for the discerning business traveler. For a guest accustomed only to the finest

levels of hospitality and service. The Hotels guest profile includes Heads of various

multinational companies, top executives, scientists etc.



The O believes in creating drama in everyday life. A sense of theatre is created as the guest

arrives in the hotel and he walks on an onyx floor lit from beneath - Every guest is made to

feel like a star!




                                               12
THE O HOTEL Details:-



YEAR OF

ESTABLISHMENT:       2008

TYPE OF HOTEL:      5 Star Deluxe Hotel

GROUP:              Oxford Group

ADDRESS:           14 /7 Koregaon Park

                 Pune – 431 101

TELEPHONE:        020 66825151

FAX:                020 66825152

E-MAIL:              resv.blr@ohotelsindia.com

WEB:                 www.ohotelsidia.com

TRANSPORT:          Airport – 6 km, (15 minutes by car)

                     Railway station - 2 km, (5 minutes by car)

ACCOMODATION:      112 Guest rooms



LOCATION:           Situated in Koregaon Park, with easy access to the main

                    shopping, business and entertainment centers of the city.




                                   13
Structure of the hotel:




                                  Security            HOD             Executives



                                    Sales &                                Sales            Sales
                                                     S&M Director
                                   marketing                             Assistant        Executive


                                                       Spa
                                  Health Club         Manager

                                                     Health club
                                                      manager

                                   Purchase           HOD           Executives


                                  Accounts            HOD           Executives


                                                    Traing and        Corporate          HR              HR
                                    HR             development           HR           Assistant       Executices
Owner/Dire           Resident
             M.D.
  ctor               Manager
                                   House             HOD            Executive
                                  Keeping

                                    F^B            Corporate          Chiefs
                                  Product            Chief

                                                     Banquet
                                 F&B Service       sales & F&B        Executives
                                 & Banquets          Director

                                                                                         Airport
                                                                           GRE
                                  Front Office        F.O>Mange
                                                                                         In house
                                     (F.O.)               r             Reservation
                                                                             s

                                Engineering          HOD            Executives




                                              14
Competitors:

  The O Hotel is situated in an area where there are many other 5 star hotels and also 4 star

 hotels and hence competition prevails, major competitors of the hotel are:-


     i)        The Westin, Pune

     ii)       Ista

     iii)      Hyaat

     iv)       Royal Orchid

     v)        St. Laurn

     vi)       Oakwood




 Organizational chart:

The organization has 11 departments and there are 4 core area departments included in it. The

four core areas and different departments are shown in the chart below;




                                          Four core
                                        areas of The O
                                            Hotel



                              F&B Service &             F&B
           Front Office                                                   House Keeping
                                Banquet              Production




                                               15
Products: The O Hotel products that were to be marketed are rooms, banquets, restaurants,

the famous Sunday brunch, the conference halls, Health club and the Lounge bar. Other than

the in-house products I also had to introduce the Oxford Golf course to the corporate clients.

In the span of my project I was asked to introduce all these to the clients that I meet for the

market research objective. Selling the rooms was the primary target.




Extraordinary features:

              63 Deluxe rooms, 36 Club rooms, 12 O suites, 1 Presidential suite,.

              The residence floor with private lounge.

              Temperature control lap-pool with outdoor lounging in colorful Gazebos.

              24 hours room service.

              Library with a selection of books and magazines.

              Audio and video entertainment.

                                              16
          Indoor games.

           Computers with high-speed connectivity.

           24 hour travel service

           Multi-lingual staff at your service 24 hours a day

           Special tours arrangements in and around Pune.



Room Tariff:-

                 TARIFF                INR              USD      EURO



               Deluxe Room             5000             140        13




                  Club Room            7000             200        16




                  O Suite             12000             350       132




             Presidential Suite       40000             1150      300




Expenditure tax 10% and Luxury Tax 12%

the above rate would be inclusive of buffet breakfast




                                              17
Facility and features in every deluxe room:

    In-room individual climate control.

    American oak wood flooring.

    Smart card electronic room key.

    In-room electronic safe.

    Well-stocked Minibar.

    Data port with high-speed internet connectivity, Voice mail

    Flat screen Sony television with full cable access.

    Leather director chairs.

    Complimentary bathrobe and slippers.

    Massage shower.

    Rain shower.

    Goose feather pillows and duvets.

    Fresh flowers.

    Non-smoking rooms available.

    Complimentary mineral water.

    Complimentary fruits.

    Complimentary newspapers and magazine.




                                            18
DINING AND OTHER FACILITIES:



Harajuku:

The restaurant offers the finest Japanese Sakes and Sushi Bar. A dramatic interactive

Tepanyaki counter, with separate grills for vegetarian and non-vegetarian cuisine offers set

menus and chef's sampler menus.

Authentic Japanese restaurant covers 64 people



Kitsch:

Critically acclaimed elegant, casual dining restaurant, servicing authentic

Italian food. This innovative and stylish restaurant offers cosmopolitan menus with seasonal

twists, as well as traditional Indian favourites.

A spectacular buffet takes centre stage and adds to the culinary drama.

Number of covers: 42



Lobby Bar:

This is a spacious and relaxing lounge is often referred to as the nerve centre of the Hotel.

The lounge features limited edition cigars, the world‟s finest single estate coffees and teas, an

intimate ambience and attentive yet discreet service.



Minnus:

Offers a choice of spirits, cocktails and mocktails. Guests can stretch out to soak in the casual

and sophisticated ambience.

Wireless High Speed Internet Access is available.

Number of covers: 94


                                                19
Addah:

The latest branded offering, it has in its harmony not only the clay Owens & the iron tandoor

of Hyderabad, and the largest offering from the open spit charcoal grilled kebabs. The

experience in this Indian Restaurant is not only an eclectic journey through clay ovens, but

also an exploration of the senses of the palate I an Alfresco setting and the delights of the eye

which urges you to come again and again.



Banquet Hall:

Banquet halls with state of art audio and video equipments, accommodating up to 400 people

for a formal gathering. It can also be divided into two equal parts which has the capacity of

carrying around 180 people in each hall.



“Cufflinks” The Executive club lounge:

Nestled on the club floor, The Cufflinks is the hotel‟s most premium and exclusive lounge.

This warm, inviting, lounge offers



Meeting rooms:

Four meeting rooms having capacity of accommodating 8 to 40 people is another add-on

feature of the hotel. The board rooms includes round, rectangular and tabular shaped tables.



Aqua Zone:

Aqua Zone is the health spa with a fitness center and private treatment rooms.

The gym has two treadmills, a cross trainer, aerobically, multi gyms, free weights, sauna and

steam rooms.


                                               20
Amrapali:

Amrapali is a gift shop for contemporary and luxury designer jewellery.




                                             21
Objectives




    22
A) Primary objective:

          To find out new corporate clientele for the hotel O.

          To understand behavior of corporate companies as a customer of a hotel

          To study the factors influencing selection of a hotel

          To Know the different competitors of the hotel and understand competition

          To know the awareness of The O among the customers.



   The primary objective of my internship as described above was Market research on

   corporate clients. To carry on this research the procedure was as follows:-


i) Finding new companies: The initial step of this objective was finding new corporate

   companies with research. Companies in sectors like IT, Engineering, research and any such

   companies who will have foreign delegates or CEO‟s or any members or outsiders visiting

   the company and who can be prospective clients for the Hotel or the Oxford Golf Course . I

   was given a target of finding 5 new, existing companies in the city that are not in the client

   list of The O Hotel ,the final target was finding and visiting 40 companies and I was

   successful in the same.

ii) Appointments with companies: After finding 5 new companies, looking for the concerned

   person and getting appointments with the same was the next step, there was a target of

   completing 15 appointments in a week. I had to visit the companies for such appointments

   with a senior and meet the requirements of the hotel.

iii) Check List/Questionnaire: In corporate companies I had to visit with a questionnaire which

   in the Hotel they called it as a check list . This was not the main objective of the meet; this

   was just for the Hotel records and for a small survey which will help the Hotel in improving

   their services. This consisted of questions that were generally to know the basic needs of the


                                                 23
guests as regards to the Hotel Rooms, Banquets, Restaurants, Golf Course, Aviation, The Goa

     Hotel and so on, a sample of the same is attached in the annexure and the data analysis of the

     same is also given the next part of the report. Marketing of all the Oxford properties with a

     special focus on The O hotel was the primary objective of this visit.




        B) Secondary Objective:

     The secondary objectives of my internship were quite a few as for about a month I followed

     these. This includes my transfer in the Banquet sales and Food and Beverage Department for

     a week, Human Resources department for a week and one or half day each in a few other

     departments so as to get the minimum required knowledge about the other departments. The

     detailed work done by me in the two months other than the primary objective can be

     summarized as follows:



i)   Sales and Marketing Department: Post the Market Research on corporate clients I did

     quite a few other tasks in this department. These include,

    Competitive analysis of the five star hotels in Pune with regards to their room rates, current

     discount offers on rooms, things provided in the room etc.

    Preparing and marketing the corporate lunch offer every week through emails.

    As a Management Student and as an intern for marketing I had to suggest marketing

     strategies, at least one every week.

    I also prepared the check list/Questionnaire for the new listed companies, so as to complete

     my market research successfully, and this will now always be used for future research.




                                                   24
ii)       Banquet Sales and FnB Department: - This Department was similar to sales just the

          product changed here I did;

        Competitive analysis of the banquet rates in five star hotels in the vicinity

        Analysis on restaurants and corporate lunch offers.



iii)      Human Recourses Department :-I worked in this department for 2 days,to acquire as much

          knowledge as I can. I was being given a few tasks in this department such as ;

         Recruitment and selection i.e. short listings the CV‟s etc.

          Handling, files, attending interviews with a senior executive etc.



iv)        Other Departments:- The Human Recourses Manager rightly suggested that I should visit

          each department for half day or one full day so as to get a general idea about all the important

          departments of the hotel and to completely understand the working of each department and

          their connection with each other.




                                                         25
Research

Methodology


     26
Research Methodology:

Research is a procedure of logical and systematic application of the fundamentals of science

to the general and overall questions of a study and scientific technique which provide precise

tolls, specific procedures and technical information, rather than philosophical means for

getting and ordering the data prior to their logical analysis and manipulation.



A)      Data collection techniques:-

       The sources of data include primary and secondary data sources.

1. Primary Sources:


        Primary data is collected by survey. This data is first hand data. This data is collected

        by direct visit at the companies.


2. Secondary Sources:


      The secondary data is data, which is collected and compiled from different

sources and are used in research for this study.


The secondary data includes material collected from:


      Newspaper

      Magazine

      Internet etc…




     B) Data collection instruments:-
     The various methods of data gathering involve the use of appropriate recording forms.

     These are called 'tools' or 'instruments of data collection. Collection Instruments:-


                                                27
 Questionnaire/ Check list

 Observation



C) Type of questions:-
                      Multi-choice

                      Dichotomous



D) Determining Sample Design and Sample Size: -
After deciding to conduct the survey I had to decide whether to conduct a census survey or

a sample survey. As the number of companies in the city is too large, I decided to choose a

few areas in the city, Magarpatta, Bund Garden, and Koregaon Park. and then did a sample

survey.

Sample Size: I found and visited 50 companies, which were not there in the existing client

list of the Hotel.



E) Field work: -

The procedure of my project and the data collection was done by visiting the companies

personally, accompanied by a senior executive and then filling the check list by asking

questions to the client and then finally getting a stamp/signature and collecting the

visiting card of the company for the Hotel data.




                                          28
F) Editing, classification and tabulation of data: -
Once the data collection was done, I have checked the data and edited where required.

Then I have classified and tabulated the data so as to make it easy to apply statistical

techniques.



G) Analysis of data: -

The next step is to analyze the findings from the collected data. Analysis of the data is

done by various statistical data analysis tools. I have used the following types of statistical

tools;


              i)    Tabulation of the data

              ii)   Percentage of various data




                                             29
DATA

ANALYSIS


   30
Question 1) Have you heard about hotel O? Have you experienced it?


                              Awareness           Frequency

                                   Yes                  28

                                    No                  14

                                Experience               8




                                  Awareness

    30

    25

    20

    15                                                               Awareness

    10

     5

     0
                  Yes            No                  Experienced



                                          Figure 1




Interpretation:


The hotel is quite known among the corporates and there are companies have had an

experience with the hotel.




                                             31
Question 2) What is the industry segment?


                                  Industry                   Frequency

                                 Engineering                     6

                                     IT                          14

                                  Telecom                        2

                                Manufacturing                    1

                                 Automobile                      5

                                    BPO                          3

                                 Electronics                     4

                                  Education                      2

                                   Others                        3




            14

            12

            10

             8

             6
                                                                                     Frequency
             4

             2

             0




                                                Figure 2

        Interpretation:

        This shows that majority of the companies were from the IT sector, whereas there

        where hardly any clients form the manufacturing, telecom and the education sector




                                               32
Question 3) What is the staff strength of the organization?



                           Staff Strength                     Frequency

                                 20-40                               16

                                 40-60                               13

                                 60-80                               10

                                80-100                               7

                               Above 100                             4



                                    Company size

    16
    14
    12
    10
     8                                                                    Freqency
     6
     4
     2
     0
            20-40      40-60       60-80        80-100   above 100




                                           Figure 3


Interpretation:

This interpretation shows that there were small, medium and large companies. Most of the

companies that I found through research were small scale and had around 25 to 30 employees

and there were very few companies that had more than 80 employees, the above graph shows

the frequency of the number of employees.



                                                33
Question 4) How are the rate negotiations done?



                     Rate Negotiations     Frequency

                     Locally               31

                     RFP                   9

                     Head Office           10




                                            Negotiation

            35

            30

            25

            20
                                                                                        Frequency
            15

            10

             5

             0
                       Locally              RPF              Head office



                                                  Figure 4


Interpretation:

The above pie chart shows that most of the companies had their negotiations done locally that

is at the Pune office, a few had their negotiations done in the head office at Oxford Group or

Goa office. There were a very few companies that had RFP rule which is that they have some

specific dates when we can apply to them for being our client.


                                               34
Question 5) Which hotels generally you prefer in Pune?



                    Hotels                  Frequency

                    Westin                       14

              Marriot Convention                    6

              Courtyard Marriot                     7

                    Cacoon                          2

                      Ista                          5

                   Oakwood                          5

                 Royal Orchid                       6

                    Hyaat                           2

               Other local hotels                   3




                                    Hotel preferance
      14
      12
      10
       8
       6
       4
                                                         Frequency
       2
       0




                                         Figure 5




                                            35
Interpretation:

The above data shows that majority of the corporate companies use Westin for their guests.

The data shows that there is tough competition between the Hotels, as they all have less

difference in the frequency.




                                           36
Question 6) What would be the total number of room nights required in a month?




                            Room Nights                          Frequency

                            Less than 25                            21

                                  25-50                             13

                                  50-75                             8

                                  75-100                            5

                                 above 100                          3




                                             Room nights

             25


             20


             15
                                                                                      Frequency
             10


              5


              0
                  Less than 25      25-50     50-75     75-100      above 100



                                             Figure 6

Interpretation:

This data shows that there are very few companies that might have large number of room

nights; most of the companies have requirements for room nights but less than 25 in a month.

The above graph shows the frequency of the number of room nights required by different

companies.

                                               37
Question 7) How many residential conferences do you hold in a year?



                        Conferences             Frequency

                            No                          11

                        less than 10                    24

                        more than 10                    15




                         Residential conferences

    25

    20

    15
                                                                           Frequency
    10

     5

     0
                No            less than 10              more than 10



                                             Figure 7

Interpretation:

This interpretation shows that there were few organizations that hold more than 10

conferences in a year. A few that hold less than 10 and around quarter of them that do not

hold any conferences.




                                               38
Question 8) Rank the following parameters in the order of your preference while booking a

hotel/resort:


                          Preference                     Frequency

                          Location                           5

                           Airport                           3

                         Close to work place                 6

                            Tariff                           15

                           Service                           5

                    Uniqueness/experience                    4

                Modern Amenities/Technology                  7

                 CRM programs of that hotel                  5




                             Factors influencing
     16
     14
     12
     10
      8
      6
      4                                                                    Frequency
      2
      0




                                         Figure 8




                                            39
Interpretation:

This interpretation shows that majority of preferences are emphasized on tariff of the hotel.

Most of the people choose a hotel depending upon the rate and then comes amenities, quick

accessibility, location etc…




                                             40
Question 9) Does your company celebrates an annual day?


                          Annual Day              Frequency

                               Yes                    33

                               No                     17




                                     Annual day celebration


             35

             30

             25

             20                                                                 Frequency
             15

             10

              5

              0
                             Yes                           No



                                           Figure 9

Interpretation: The above interpretation shows companies that celebrate annual day are

33 and companies that do not celebrate are 17.




                                             41
Marketing Mix

    Place

Product and service information are sold to the guest via personal selling, direct marketing,
advertising and the Internet.

    Product

Product: high quality facilities accompanied by exemplary personal service, differentiated
from competition quality has proven to be a successful approach generating high levels of
repeat business.

    Pricing

Pricing strategy has been consistent with the differentiation objective, to provide added value
for a reasonable rate as opposed to discounting and devaluing our products and services.

Room rates quoted are exclusive of tax and service, are per night, per room with continental
breakfast included:



Tariff: (In INR):




                         Single Occupancy Room          Double Occupancy Room




    O Deluxe Room                  5,000                           5,500




     O Club Room                   7,000                           7,500




         O suite                   12,000                         12,000



                                              42
O Presidential
                                     40,000                        40,000
          Suite


Extra Bed / third Person Rs.1,000
Inclusive of 12% Luxury Tax, service tax
Rates valid till 31st August, 2012




    Promotion:

Promotion: primary focus will remain on mass communication via print ads in trade
publications and on the Internet. Direct mail campaigns to existing and prospective clients
will increase as a cost effective means of targeted campaigning.

Personal selling in the local market will remain an important element of the mix in order to
continue to build long-term relationships within the local community and generate high levels
of corporate activity.

Public relations activities will continue to play an important role in the marketing mix,
presenting the hotel as a supportive member of the community and participating in significant
local events.

Advertising:

The following are the advertisement medias that used.,

       Medias
          Tv
            Social networking sites such as facebook
            Sms
            Hoardings and fliers
            Monthly mailers
            News Paper
            Magazines




                                              43
Campaign events
            Theater events
            Themed events at Club
            Celebrity performances

Marketing Strategy

    Direct Marketing
       The O‟s direct marketing is handling by their PR agency. The O will buy select
       targeted list of corporate companies and send them information about Good Hotels.


    Website Marketing Strategy
       The hotel‟s main website marketing strategy hinges upon making sure all major travel
       sites such as Expedia.com, Orbitz.com, and Hotels.com list The hotel when customers
       search for hotels in our area.


    Sales Plan
       Our sales plan hinges upon our sales strategy, sales process and, prospecting plan. As
       long as we follow the plans laid below we should be in good shape.


    Sales Strategy
       Hotel's sales strategy hinges upon repeat visits by key corporate accounts. We need to
       develop a relationship with the companies listed in our Sales Account Plan, as well as
       actively generate new accounts by soliciting first time corporate visitors.

It will be important to remain competitive on price, as well as amenities. The corporate
accounting department wants to make sure they limit the amount of money spent per night
per person on a business trip, but the business traveler will be able to express preference. If
the price is right, and the business traveler knows that they will have all amenities they need,
we will be assured of keeping and attracting key accounts.




                                              44
SWOT Analysis of the O:

   Strengths

  1. Hotel is situated in heart of the city.
  2. The Harajuku restaurant attracts Japanese foodies. As the restaurant caters the actual
     taste of Japanese food. Every small ingredient is imported from Japan and authentic
     Japanese food is served here.
  3. Manpower costs in the Indian hotel industry is one of the lowest in the world. This
     provides better margins for Indian hotel industry.
  4. India offers a readymade tourist destination with the resources it has. Thus the magnet
     to pull customers already exists.

   Weaknesses

  1. The cost of land in India is high at 50% of total project cost as against 15% abroad.
     This acts as a major deterrent to the Indian hotel industry.
  2. The hotel industry in India is heavily staffed. This can be gauged from the facts that
     while Indian hotel companies have a staff to room ratio of 3:1, this ratio is 1:1 for
     international hotel companies.
  3. High tax structure in the industry makes the industry worse off than its international
     equivalent. In India the expenditure tax, luxury tax and sales tax inflate the hotel bill
     by over 30%. Effective tax in the South East Asian countries works out to only 4-5%.
  4. Only 58,000 hotel rooms are available in India today, which is less than the Bangkok
     hotel capacity.
  5. The services currently offered by the hotels in India are only limited value added
     services. It is not comparable to the existing world standards.

   Opportunities

  1. Demand between the national and the inbound tourists can be easily managed due to
     difference in the period of holidays. For international tourists the peak season for
     arrival is between September to March when the climatic conditions are suitable
     where as the national tourist waits for school holidays, generally the summer months.




                                               45
2. In the long-term the hotel industry in India has latent potential for growth. This is
   because India is an ideal destination for tourists as it is the only country with the most
   diverse topography. For India, the inbound tourists are a mere 0.4% of the global
   figures. This number is expected to increase at a phenomenal rate thus pushing up the
   demand for the hotel industry.

 Threats

1. Guesthouses replace the hotels. This is a growing trend in the west and is now
   catching up in India also, thus diverting the hotel traffic.
2. Political turbulence in the area reduces tourist traffic and thus the business of the
   hotels. Examples of the same are bomb blast at Germen Bakery and other terrorist
   attacks.
3. Changing trends in the west demand similar changes in India, which here are difficult
   to implement due to high project costs.




                                           46
Findings

   and

Conclusions


     47
Sales and Marketing Department



    A) Market Research on clients of the hotel O has helped me to understand the
       behavior of customer‟s clientele in this industry.

     This was the primary object of my internship, this helped me to understand the

      whole market i.e., the clients, their requirements, the reasons they use a particular

      hotel, reasons why do they use or do not use The O hotel.

     All this helped me to understand and learn the behavior of customers of this

      industry.

     The O being a business Hotel 80% of its room occupancy business is dependent on

      the corporate clients.

    B) Competitive analysis helped me to know competition in the industry and different
      ways to fight in the current competitive marketing.

    C) Preparing and Marketing lunch offers for the Kitsch was of great learning.



  Banquet Sales and Food and Beverage Department:



     A) Competitive analysis here was the same just the products differentiated.

     B) Attending conference and banquet preparations, visiting restaurants and observing

         their working and co-ordination among the employers was add on step in learning

         hotel management.




Human Resource Department


                                            48
Recruitment and selection process is the most integral part of an HR manager and

      attending this helped me gain a great amount of experience, I was given a chance to

      short listing candidates resumes and with reference to their parameters and then also

      given chance to attend their interview session with a senior executive and then with

      the department head for final interviews. This has helped me learn and experience

      the procedure of recruitment.



Other Departments



        I visited all other departments of the Hotel for half day each so as to get complete

        knowledge of all the departments of the hotel. Visiting departments like the

        Engineering, security, accounts, housekeeping, front office etc. was of utmost

        benefit as the Head of department of each department was kind enough to give me

        an idea of how the department works. This exercise has helped me to get a general

        view of how each department in the hotel works and also to understand that to

        what extent is each department connected and dependent on the other.




Conclusion:-

At the end I would conclude by saying that this report helped me in understanding the

sales and marketing strategies in the Hospitality industry and the project on market

research has helped me in understanding the consumer behavior, by firsthand experience

as I met all the clients personally. The conclusions were;


                                           49
   The hotel industry is in boom.

   The location of the hotel is the main advantage for the hotel.

   The customer survey says that most of the customers are happy.

   Effective marketing can raise the business of the hotel.

   The hospitality industries growth is positive. But the challenges confronting the

    industry segment are giving it a low customer base.




                                        50
Suggestions




     51
Suggestions:

The suggestions that I would like to make are as follows:-


 Prices should be rescheduled

 Direct marketing must be more efficient.

 Marketing strategy should be revised.

 Tour Packages should be introduced.

 Hotel Staff benefits should be revised.




                                            52
Bibliography

Websites:-


http://www.oxfordgroup.in/aboutus.html, ACCESSED


http://www.ohotelsindia.com/index.asp


Articles from Journal:


Naomi R. Henderson, “Master Moderators”, American Marketing Association, April 2011,

pg. 17-20


Books:


1. Walliman Nicholas, “Your Research Project”,Vistaar Publications, New Delhi(2005)


2. Donald R. Cooper, “Marketing Research concept and cases”, Mcgraw-hill


3. Naresh K. Malhotra, “Marketing Research an Applied Orientation”, Pearson




                                           53
Appendices

This includes the check list/ questionnaire that I used for my market research.


Name of the Company:                                           Date:


Contact Person:                                                Designation:


Contact No:                                                    Email Id:


      1. Have you heard about the hotel o?



      2. What is the Industry segment?

       □ IT                   □Finance               □Healthcare              □BPO

       □ Retail               □ Media                □Automobile              □Chemicals

       □ Consulting           □ Defense              □Education               □Electronics

       □ Energy               □ Engineering          □Infrastructure          □FMCG

       □ PSU                  □ Telecom              □Textiles/Buying House □Associations

       □ Manufacturing        □ Others ___________



      3. What is the staff strength in Pune?

      4. Rate negotiations are done :          □Locally        □ RFP          □Head Office

      5. If it is done through RFP, then kindly let us know the


   Opening        Date:   ___________      Closing     Date:      ___________      Follow    up

   from_____________ onwards.


      6. Hotels used in Pune for business travel:




                                               54
Rates
    Hotel Name                                          RMTS/ Year Inclusions
                            Single        Double




      7. What would be the total no. of room nights in a month?

        □ Less than 25          □ 25-50                  □ 50-75       □ 75-100         □ above 10


    8. Rank the following parameters in the order of your preference while booking a

hotel/resort:


     □ Location          □ Airport     □Commercial Hub          □ Close to work place


     □ Tariff            □ Service     □ Uniqueness/experience


     □ Modern Amenities/Technology             □ CRM programs of that hotel


     9. How many residential conferences do you hold in a year?


     10. Does your organization celebrate an Annual Day?


     11. Would you prefer the hotel?




                                                   55
56

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Market reseaech on corporate client for the hotel o

  • 1. A PROJECT REPORT On “Market Research on Corporate Clients” For “The O Hotel, Pune” In partial fulfillment of the Master of Business Administration By Komal Gandhi SMT. HIRABEN NANAVATI INSTITUTE OF MANAGEMENT AND RESEAERCH FOR WOMEN KARVENAGAR, PUNE-411 052 Batch- 2010-12 1
  • 2. CERTIFICATE This is to certify that the project entitled “Market Research on Corporate Clients” has been successfully carried out by Ms. Komal Gandhi in partial fulfillment of Master of Business Administration under my guidance during the academic year 2010-2012. Date: Prof. Prasad Bhagwat (Internal guide) SMT.HIRABEN NANAVATI INSTITUTE OF MANAGEMENT AND RESEARCH FOR WOMEN KARVENAGAR, PUNE-411 052 2
  • 3. DECLARATION I, Komal Gandhi, MBA student of SMT.HIRABEN NANAVATI INSTITUTE OF MANAGEMENT, Pune do hereby declare that this report titled “Market Research on Corporate Clients” for the Hotel O is a bonafide work done by me under the supervision of Mr. Aroon Cardoze, Marketing and sales manager of THE O, Pune and is submitted to University of Pune. I also declare that this study report is a part of my MBA curriculum and I have not submitted this report partially or fully for the award of any degree or diploma. Komal Gandhi 3
  • 4. ACKNOWLEDGEMENT I would like to express my profound gratitude to our Director Dr. Bharti Dole for all her support and constant encouragement extended by her. I would also like to thank my internal guide Prof. Prasad Bhagwat for rendering me the whole hearted and proper guidance and also for providing me with all the facilities and amenities that helped me to complete this project successfully in time. I express my sincere gratitude to my company guide, Mr. Aroon Cardoze, Marketing and Sales Manager for providing me all guidelines and inputs that were essential for successful carry out of the project work in THE O. I place on record my sincere thanks to all the other company staff that have in some way contributed to the completion of the project in time. I thank all respondents who helped me by giving me their valuable feed backs for the completion of the project. Above all I sincerely thank The God Almighty and my affectionate parents without whose blessings I could not have completed this work. Komal Gandhi 4
  • 5. INDEX Sr. No. Title Page Number 1 Executive Summary 7 2 Company Profile 10 3 Objectives 20 4 Research Methodology 24 5 Data Analysis 28 6 Findings and Conclusions 45 7 Suggestions 49 8 Limitations 51 9 Bibliography 52 5
  • 6. GRAPH INDEX Figure No. Title Page Number 1 Awareness 29 2 Industry approached 30 3 Size of the company 31 4 Negotiation 32 5 Hotel preferred 33 6 Requirement 35 7 Influencing factors 36 8 Residential conference 37 9 Annual day celebration 39 6
  • 8. An Executive summary contains information for the readers to get a brief knowledge about the report without reading it. The Executive Summary includes a gist of the Company Profile, Objectives, Research Methodology, Findings and the conclusions and suggestions. Company Profile: Group: The Oxford Group Company Name: The O Hotel, Pune Founders: Mrs. Neelam & Mr. Anil Seolekar Objectives: The objectives of this report include primary and secondary objectives. The primary objective of my project was Market research on corporate clients, I completed the same by finding new companies, Taking appointments, meeting the concerned person of the company and at last getting the check list filled so as to get data for the Hotel. The secondary objectives of the project were working with different department s such as the Banquet sales, Human Resource etc… Research Methodology: This part of the report includes the method followed to complete the research. This includes points such as instruments used, sample size etc. Data Analysis: This part of the report shows a brief description of the check lists that were filled by me in the project span. It shows the tabular and graphical form of the data collected. 8
  • 9. After the Data analysis the report contains findings from each department and lastly the conclusions and suggestions such as the industry is in boom, suggestions for the hotel such as changing the staff policies etc. This project talks about the market research on corporate clients. The background talks about various factors that have led us to undertake this study and how and to whom this report will benefit. Objectives talks of types of data the research project will generate and how these data is relevant. A statement of value of information is also included in this section. Research approach gives a non technical description of the data collection method, measurement instrument, sample and analytical techniques. 9
  • 11. THE OXFORD GROUP, PUNE The „O‟ Hotel is a part of the Oxford Group of companies; Oxford Group was formed in 1986. In the years since, it has consciously cultivated an approach that focuses on innovation and quality, always keeping the customer at the forefront. The Oxford Group Includes:- The „O‟ Hotel, Pune: The „O‟ is a trend setting concept, breaking the traditional concepts of luxury and redefining the term to set new standards of comfort levels and the ultimate in style has opned in Pune at Koregoan Park in 2008, property with 13 suites and 99 rooms offers international standards of service, state of the art amenities & culinary excellence. Website: www.ohotelsindia.com The „O‟ Resort & Spa, Goa (5 Star Deluxe Beach Resort) Nestled on the North coast of Goa, overlooking the serene turquoise Arabian Sea, a paradise of luxurious, peaceful delight is The O Resort & Spa, Goa. The resort comprises of 75 luxurious rooms.. Website: www.ohotelsindia.com Oxford Golf & Country Club: Spread over 1000 acres, its Pune's first golf integrated township offering residential, hospitality & leisure facilities Website: www.ogcc.in Oxford Aviation: Charter Chopper services by Bell 407, a smooth 2 hour nonstop to any destination across the country in that range. Website: www.oxfordgroup.in Oxford Nissan: Authorized Nissan Cars dealership for the region of Pune with its state of the art showroom and workshop at Baner, Pune. Nissan in India has a product line up of Luxury Sedan Nissan Teana, SUV Nissan Xtrail and the much awaited now Nissan Micra a world compact car. Website: www.oxfordnissan.co.in 11
  • 12. INTRODUCTION TO THE O HOTEL, PUNE Conceived by owners Neelam & Anil Seolekar of The Oxford Group, The O Hotel is being introduced as fashionable with chic elegance that attracts all senses of design, colors, lighting, art and music. The striking, fashionable and bold interiors are the concepts of Les Harbottle, a famous South African interior designer. The O is a hotel for the discerning business traveler. For a guest accustomed only to the finest levels of hospitality and service. The Hotels guest profile includes Heads of various multinational companies, top executives, scientists etc. The O believes in creating drama in everyday life. A sense of theatre is created as the guest arrives in the hotel and he walks on an onyx floor lit from beneath - Every guest is made to feel like a star! 12
  • 13. THE O HOTEL Details:- YEAR OF ESTABLISHMENT: 2008 TYPE OF HOTEL: 5 Star Deluxe Hotel GROUP: Oxford Group ADDRESS: 14 /7 Koregaon Park Pune – 431 101 TELEPHONE: 020 66825151 FAX: 020 66825152 E-MAIL: resv.blr@ohotelsindia.com WEB: www.ohotelsidia.com TRANSPORT: Airport – 6 km, (15 minutes by car) Railway station - 2 km, (5 minutes by car) ACCOMODATION: 112 Guest rooms LOCATION: Situated in Koregaon Park, with easy access to the main shopping, business and entertainment centers of the city. 13
  • 14. Structure of the hotel: Security HOD Executives Sales & Sales Sales S&M Director marketing Assistant Executive Spa Health Club Manager Health club manager Purchase HOD Executives Accounts HOD Executives Traing and Corporate HR HR HR development HR Assistant Executices Owner/Dire Resident M.D. ctor Manager House HOD Executive Keeping F^B Corporate Chiefs Product Chief Banquet F&B Service sales & F&B Executives & Banquets Director Airport GRE Front Office F.O>Mange In house (F.O.) r Reservation s Engineering HOD Executives 14
  • 15. Competitors: The O Hotel is situated in an area where there are many other 5 star hotels and also 4 star hotels and hence competition prevails, major competitors of the hotel are:- i) The Westin, Pune ii) Ista iii) Hyaat iv) Royal Orchid v) St. Laurn vi) Oakwood Organizational chart: The organization has 11 departments and there are 4 core area departments included in it. The four core areas and different departments are shown in the chart below; Four core areas of The O Hotel F&B Service & F&B Front Office House Keeping Banquet Production 15
  • 16. Products: The O Hotel products that were to be marketed are rooms, banquets, restaurants, the famous Sunday brunch, the conference halls, Health club and the Lounge bar. Other than the in-house products I also had to introduce the Oxford Golf course to the corporate clients. In the span of my project I was asked to introduce all these to the clients that I meet for the market research objective. Selling the rooms was the primary target. Extraordinary features:  63 Deluxe rooms, 36 Club rooms, 12 O suites, 1 Presidential suite,.  The residence floor with private lounge.  Temperature control lap-pool with outdoor lounging in colorful Gazebos.  24 hours room service.  Library with a selection of books and magazines.  Audio and video entertainment. 16
  • 17. Indoor games.  Computers with high-speed connectivity.  24 hour travel service  Multi-lingual staff at your service 24 hours a day  Special tours arrangements in and around Pune. Room Tariff:- TARIFF INR USD EURO Deluxe Room 5000 140 13 Club Room 7000 200 16 O Suite 12000 350 132 Presidential Suite 40000 1150 300 Expenditure tax 10% and Luxury Tax 12% the above rate would be inclusive of buffet breakfast 17
  • 18. Facility and features in every deluxe room:  In-room individual climate control.  American oak wood flooring.  Smart card electronic room key.  In-room electronic safe.  Well-stocked Minibar.  Data port with high-speed internet connectivity, Voice mail  Flat screen Sony television with full cable access.  Leather director chairs.  Complimentary bathrobe and slippers.  Massage shower.  Rain shower.  Goose feather pillows and duvets.  Fresh flowers.  Non-smoking rooms available.  Complimentary mineral water.  Complimentary fruits.  Complimentary newspapers and magazine. 18
  • 19. DINING AND OTHER FACILITIES: Harajuku: The restaurant offers the finest Japanese Sakes and Sushi Bar. A dramatic interactive Tepanyaki counter, with separate grills for vegetarian and non-vegetarian cuisine offers set menus and chef's sampler menus. Authentic Japanese restaurant covers 64 people Kitsch: Critically acclaimed elegant, casual dining restaurant, servicing authentic Italian food. This innovative and stylish restaurant offers cosmopolitan menus with seasonal twists, as well as traditional Indian favourites. A spectacular buffet takes centre stage and adds to the culinary drama. Number of covers: 42 Lobby Bar: This is a spacious and relaxing lounge is often referred to as the nerve centre of the Hotel. The lounge features limited edition cigars, the world‟s finest single estate coffees and teas, an intimate ambience and attentive yet discreet service. Minnus: Offers a choice of spirits, cocktails and mocktails. Guests can stretch out to soak in the casual and sophisticated ambience. Wireless High Speed Internet Access is available. Number of covers: 94 19
  • 20. Addah: The latest branded offering, it has in its harmony not only the clay Owens & the iron tandoor of Hyderabad, and the largest offering from the open spit charcoal grilled kebabs. The experience in this Indian Restaurant is not only an eclectic journey through clay ovens, but also an exploration of the senses of the palate I an Alfresco setting and the delights of the eye which urges you to come again and again. Banquet Hall: Banquet halls with state of art audio and video equipments, accommodating up to 400 people for a formal gathering. It can also be divided into two equal parts which has the capacity of carrying around 180 people in each hall. “Cufflinks” The Executive club lounge: Nestled on the club floor, The Cufflinks is the hotel‟s most premium and exclusive lounge. This warm, inviting, lounge offers Meeting rooms: Four meeting rooms having capacity of accommodating 8 to 40 people is another add-on feature of the hotel. The board rooms includes round, rectangular and tabular shaped tables. Aqua Zone: Aqua Zone is the health spa with a fitness center and private treatment rooms. The gym has two treadmills, a cross trainer, aerobically, multi gyms, free weights, sauna and steam rooms. 20
  • 21. Amrapali: Amrapali is a gift shop for contemporary and luxury designer jewellery. 21
  • 23. A) Primary objective: To find out new corporate clientele for the hotel O. To understand behavior of corporate companies as a customer of a hotel To study the factors influencing selection of a hotel To Know the different competitors of the hotel and understand competition To know the awareness of The O among the customers. The primary objective of my internship as described above was Market research on corporate clients. To carry on this research the procedure was as follows:- i) Finding new companies: The initial step of this objective was finding new corporate companies with research. Companies in sectors like IT, Engineering, research and any such companies who will have foreign delegates or CEO‟s or any members or outsiders visiting the company and who can be prospective clients for the Hotel or the Oxford Golf Course . I was given a target of finding 5 new, existing companies in the city that are not in the client list of The O Hotel ,the final target was finding and visiting 40 companies and I was successful in the same. ii) Appointments with companies: After finding 5 new companies, looking for the concerned person and getting appointments with the same was the next step, there was a target of completing 15 appointments in a week. I had to visit the companies for such appointments with a senior and meet the requirements of the hotel. iii) Check List/Questionnaire: In corporate companies I had to visit with a questionnaire which in the Hotel they called it as a check list . This was not the main objective of the meet; this was just for the Hotel records and for a small survey which will help the Hotel in improving their services. This consisted of questions that were generally to know the basic needs of the 23
  • 24. guests as regards to the Hotel Rooms, Banquets, Restaurants, Golf Course, Aviation, The Goa Hotel and so on, a sample of the same is attached in the annexure and the data analysis of the same is also given the next part of the report. Marketing of all the Oxford properties with a special focus on The O hotel was the primary objective of this visit. B) Secondary Objective: The secondary objectives of my internship were quite a few as for about a month I followed these. This includes my transfer in the Banquet sales and Food and Beverage Department for a week, Human Resources department for a week and one or half day each in a few other departments so as to get the minimum required knowledge about the other departments. The detailed work done by me in the two months other than the primary objective can be summarized as follows: i) Sales and Marketing Department: Post the Market Research on corporate clients I did quite a few other tasks in this department. These include,  Competitive analysis of the five star hotels in Pune with regards to their room rates, current discount offers on rooms, things provided in the room etc.  Preparing and marketing the corporate lunch offer every week through emails.  As a Management Student and as an intern for marketing I had to suggest marketing strategies, at least one every week.  I also prepared the check list/Questionnaire for the new listed companies, so as to complete my market research successfully, and this will now always be used for future research. 24
  • 25. ii) Banquet Sales and FnB Department: - This Department was similar to sales just the product changed here I did;  Competitive analysis of the banquet rates in five star hotels in the vicinity  Analysis on restaurants and corporate lunch offers. iii) Human Recourses Department :-I worked in this department for 2 days,to acquire as much knowledge as I can. I was being given a few tasks in this department such as ;  Recruitment and selection i.e. short listings the CV‟s etc.  Handling, files, attending interviews with a senior executive etc. iv) Other Departments:- The Human Recourses Manager rightly suggested that I should visit each department for half day or one full day so as to get a general idea about all the important departments of the hotel and to completely understand the working of each department and their connection with each other. 25
  • 27. Research Methodology: Research is a procedure of logical and systematic application of the fundamentals of science to the general and overall questions of a study and scientific technique which provide precise tolls, specific procedures and technical information, rather than philosophical means for getting and ordering the data prior to their logical analysis and manipulation. A) Data collection techniques:- The sources of data include primary and secondary data sources. 1. Primary Sources: Primary data is collected by survey. This data is first hand data. This data is collected by direct visit at the companies. 2. Secondary Sources: The secondary data is data, which is collected and compiled from different sources and are used in research for this study. The secondary data includes material collected from:  Newspaper  Magazine  Internet etc… B) Data collection instruments:- The various methods of data gathering involve the use of appropriate recording forms. These are called 'tools' or 'instruments of data collection. Collection Instruments:- 27
  • 28.  Questionnaire/ Check list  Observation C) Type of questions:-  Multi-choice  Dichotomous D) Determining Sample Design and Sample Size: - After deciding to conduct the survey I had to decide whether to conduct a census survey or a sample survey. As the number of companies in the city is too large, I decided to choose a few areas in the city, Magarpatta, Bund Garden, and Koregaon Park. and then did a sample survey. Sample Size: I found and visited 50 companies, which were not there in the existing client list of the Hotel. E) Field work: - The procedure of my project and the data collection was done by visiting the companies personally, accompanied by a senior executive and then filling the check list by asking questions to the client and then finally getting a stamp/signature and collecting the visiting card of the company for the Hotel data. 28
  • 29. F) Editing, classification and tabulation of data: - Once the data collection was done, I have checked the data and edited where required. Then I have classified and tabulated the data so as to make it easy to apply statistical techniques. G) Analysis of data: - The next step is to analyze the findings from the collected data. Analysis of the data is done by various statistical data analysis tools. I have used the following types of statistical tools; i) Tabulation of the data ii) Percentage of various data 29
  • 31. Question 1) Have you heard about hotel O? Have you experienced it? Awareness Frequency Yes 28 No 14 Experience 8 Awareness 30 25 20 15 Awareness 10 5 0 Yes No Experienced Figure 1 Interpretation: The hotel is quite known among the corporates and there are companies have had an experience with the hotel. 31
  • 32. Question 2) What is the industry segment? Industry Frequency Engineering 6 IT 14 Telecom 2 Manufacturing 1 Automobile 5 BPO 3 Electronics 4 Education 2 Others 3 14 12 10 8 6 Frequency 4 2 0 Figure 2 Interpretation: This shows that majority of the companies were from the IT sector, whereas there where hardly any clients form the manufacturing, telecom and the education sector 32
  • 33. Question 3) What is the staff strength of the organization? Staff Strength Frequency 20-40 16 40-60 13 60-80 10 80-100 7 Above 100 4 Company size 16 14 12 10 8 Freqency 6 4 2 0 20-40 40-60 60-80 80-100 above 100 Figure 3 Interpretation: This interpretation shows that there were small, medium and large companies. Most of the companies that I found through research were small scale and had around 25 to 30 employees and there were very few companies that had more than 80 employees, the above graph shows the frequency of the number of employees. 33
  • 34. Question 4) How are the rate negotiations done? Rate Negotiations Frequency Locally 31 RFP 9 Head Office 10 Negotiation 35 30 25 20 Frequency 15 10 5 0 Locally RPF Head office Figure 4 Interpretation: The above pie chart shows that most of the companies had their negotiations done locally that is at the Pune office, a few had their negotiations done in the head office at Oxford Group or Goa office. There were a very few companies that had RFP rule which is that they have some specific dates when we can apply to them for being our client. 34
  • 35. Question 5) Which hotels generally you prefer in Pune? Hotels Frequency Westin 14 Marriot Convention 6 Courtyard Marriot 7 Cacoon 2 Ista 5 Oakwood 5 Royal Orchid 6 Hyaat 2 Other local hotels 3 Hotel preferance 14 12 10 8 6 4 Frequency 2 0 Figure 5 35
  • 36. Interpretation: The above data shows that majority of the corporate companies use Westin for their guests. The data shows that there is tough competition between the Hotels, as they all have less difference in the frequency. 36
  • 37. Question 6) What would be the total number of room nights required in a month? Room Nights Frequency Less than 25 21 25-50 13 50-75 8 75-100 5 above 100 3 Room nights 25 20 15 Frequency 10 5 0 Less than 25 25-50 50-75 75-100 above 100 Figure 6 Interpretation: This data shows that there are very few companies that might have large number of room nights; most of the companies have requirements for room nights but less than 25 in a month. The above graph shows the frequency of the number of room nights required by different companies. 37
  • 38. Question 7) How many residential conferences do you hold in a year? Conferences Frequency No 11 less than 10 24 more than 10 15 Residential conferences 25 20 15 Frequency 10 5 0 No less than 10 more than 10 Figure 7 Interpretation: This interpretation shows that there were few organizations that hold more than 10 conferences in a year. A few that hold less than 10 and around quarter of them that do not hold any conferences. 38
  • 39. Question 8) Rank the following parameters in the order of your preference while booking a hotel/resort: Preference Frequency Location 5 Airport 3 Close to work place 6 Tariff 15 Service 5 Uniqueness/experience 4 Modern Amenities/Technology 7 CRM programs of that hotel 5 Factors influencing 16 14 12 10 8 6 4 Frequency 2 0 Figure 8 39
  • 40. Interpretation: This interpretation shows that majority of preferences are emphasized on tariff of the hotel. Most of the people choose a hotel depending upon the rate and then comes amenities, quick accessibility, location etc… 40
  • 41. Question 9) Does your company celebrates an annual day? Annual Day Frequency Yes 33 No 17 Annual day celebration 35 30 25 20 Frequency 15 10 5 0 Yes No Figure 9 Interpretation: The above interpretation shows companies that celebrate annual day are 33 and companies that do not celebrate are 17. 41
  • 42. Marketing Mix  Place Product and service information are sold to the guest via personal selling, direct marketing, advertising and the Internet.  Product Product: high quality facilities accompanied by exemplary personal service, differentiated from competition quality has proven to be a successful approach generating high levels of repeat business.  Pricing Pricing strategy has been consistent with the differentiation objective, to provide added value for a reasonable rate as opposed to discounting and devaluing our products and services. Room rates quoted are exclusive of tax and service, are per night, per room with continental breakfast included: Tariff: (In INR): Single Occupancy Room Double Occupancy Room O Deluxe Room 5,000 5,500 O Club Room 7,000 7,500 O suite 12,000 12,000 42
  • 43. O Presidential 40,000 40,000 Suite Extra Bed / third Person Rs.1,000 Inclusive of 12% Luxury Tax, service tax Rates valid till 31st August, 2012  Promotion: Promotion: primary focus will remain on mass communication via print ads in trade publications and on the Internet. Direct mail campaigns to existing and prospective clients will increase as a cost effective means of targeted campaigning. Personal selling in the local market will remain an important element of the mix in order to continue to build long-term relationships within the local community and generate high levels of corporate activity. Public relations activities will continue to play an important role in the marketing mix, presenting the hotel as a supportive member of the community and participating in significant local events. Advertising: The following are the advertisement medias that used., Medias  Tv  Social networking sites such as facebook  Sms  Hoardings and fliers  Monthly mailers  News Paper  Magazines 43
  • 44. Campaign events  Theater events  Themed events at Club  Celebrity performances Marketing Strategy  Direct Marketing The O‟s direct marketing is handling by their PR agency. The O will buy select targeted list of corporate companies and send them information about Good Hotels.  Website Marketing Strategy The hotel‟s main website marketing strategy hinges upon making sure all major travel sites such as Expedia.com, Orbitz.com, and Hotels.com list The hotel when customers search for hotels in our area.  Sales Plan Our sales plan hinges upon our sales strategy, sales process and, prospecting plan. As long as we follow the plans laid below we should be in good shape.  Sales Strategy Hotel's sales strategy hinges upon repeat visits by key corporate accounts. We need to develop a relationship with the companies listed in our Sales Account Plan, as well as actively generate new accounts by soliciting first time corporate visitors. It will be important to remain competitive on price, as well as amenities. The corporate accounting department wants to make sure they limit the amount of money spent per night per person on a business trip, but the business traveler will be able to express preference. If the price is right, and the business traveler knows that they will have all amenities they need, we will be assured of keeping and attracting key accounts. 44
  • 45. SWOT Analysis of the O:  Strengths 1. Hotel is situated in heart of the city. 2. The Harajuku restaurant attracts Japanese foodies. As the restaurant caters the actual taste of Japanese food. Every small ingredient is imported from Japan and authentic Japanese food is served here. 3. Manpower costs in the Indian hotel industry is one of the lowest in the world. This provides better margins for Indian hotel industry. 4. India offers a readymade tourist destination with the resources it has. Thus the magnet to pull customers already exists.  Weaknesses 1. The cost of land in India is high at 50% of total project cost as against 15% abroad. This acts as a major deterrent to the Indian hotel industry. 2. The hotel industry in India is heavily staffed. This can be gauged from the facts that while Indian hotel companies have a staff to room ratio of 3:1, this ratio is 1:1 for international hotel companies. 3. High tax structure in the industry makes the industry worse off than its international equivalent. In India the expenditure tax, luxury tax and sales tax inflate the hotel bill by over 30%. Effective tax in the South East Asian countries works out to only 4-5%. 4. Only 58,000 hotel rooms are available in India today, which is less than the Bangkok hotel capacity. 5. The services currently offered by the hotels in India are only limited value added services. It is not comparable to the existing world standards.  Opportunities 1. Demand between the national and the inbound tourists can be easily managed due to difference in the period of holidays. For international tourists the peak season for arrival is between September to March when the climatic conditions are suitable where as the national tourist waits for school holidays, generally the summer months. 45
  • 46. 2. In the long-term the hotel industry in India has latent potential for growth. This is because India is an ideal destination for tourists as it is the only country with the most diverse topography. For India, the inbound tourists are a mere 0.4% of the global figures. This number is expected to increase at a phenomenal rate thus pushing up the demand for the hotel industry.  Threats 1. Guesthouses replace the hotels. This is a growing trend in the west and is now catching up in India also, thus diverting the hotel traffic. 2. Political turbulence in the area reduces tourist traffic and thus the business of the hotels. Examples of the same are bomb blast at Germen Bakery and other terrorist attacks. 3. Changing trends in the west demand similar changes in India, which here are difficult to implement due to high project costs. 46
  • 47. Findings and Conclusions 47
  • 48. Sales and Marketing Department A) Market Research on clients of the hotel O has helped me to understand the behavior of customer‟s clientele in this industry.  This was the primary object of my internship, this helped me to understand the whole market i.e., the clients, their requirements, the reasons they use a particular hotel, reasons why do they use or do not use The O hotel.  All this helped me to understand and learn the behavior of customers of this industry.  The O being a business Hotel 80% of its room occupancy business is dependent on the corporate clients. B) Competitive analysis helped me to know competition in the industry and different ways to fight in the current competitive marketing. C) Preparing and Marketing lunch offers for the Kitsch was of great learning. Banquet Sales and Food and Beverage Department: A) Competitive analysis here was the same just the products differentiated. B) Attending conference and banquet preparations, visiting restaurants and observing their working and co-ordination among the employers was add on step in learning hotel management. Human Resource Department 48
  • 49. Recruitment and selection process is the most integral part of an HR manager and attending this helped me gain a great amount of experience, I was given a chance to short listing candidates resumes and with reference to their parameters and then also given chance to attend their interview session with a senior executive and then with the department head for final interviews. This has helped me learn and experience the procedure of recruitment. Other Departments I visited all other departments of the Hotel for half day each so as to get complete knowledge of all the departments of the hotel. Visiting departments like the Engineering, security, accounts, housekeeping, front office etc. was of utmost benefit as the Head of department of each department was kind enough to give me an idea of how the department works. This exercise has helped me to get a general view of how each department in the hotel works and also to understand that to what extent is each department connected and dependent on the other. Conclusion:- At the end I would conclude by saying that this report helped me in understanding the sales and marketing strategies in the Hospitality industry and the project on market research has helped me in understanding the consumer behavior, by firsthand experience as I met all the clients personally. The conclusions were; 49
  • 50. The hotel industry is in boom.  The location of the hotel is the main advantage for the hotel.  The customer survey says that most of the customers are happy.  Effective marketing can raise the business of the hotel.  The hospitality industries growth is positive. But the challenges confronting the industry segment are giving it a low customer base. 50
  • 52. Suggestions: The suggestions that I would like to make are as follows:-  Prices should be rescheduled  Direct marketing must be more efficient.  Marketing strategy should be revised.  Tour Packages should be introduced.  Hotel Staff benefits should be revised. 52
  • 53. Bibliography Websites:- http://www.oxfordgroup.in/aboutus.html, ACCESSED http://www.ohotelsindia.com/index.asp Articles from Journal: Naomi R. Henderson, “Master Moderators”, American Marketing Association, April 2011, pg. 17-20 Books: 1. Walliman Nicholas, “Your Research Project”,Vistaar Publications, New Delhi(2005) 2. Donald R. Cooper, “Marketing Research concept and cases”, Mcgraw-hill 3. Naresh K. Malhotra, “Marketing Research an Applied Orientation”, Pearson 53
  • 54. Appendices This includes the check list/ questionnaire that I used for my market research. Name of the Company: Date: Contact Person: Designation: Contact No: Email Id: 1. Have you heard about the hotel o? 2. What is the Industry segment? □ IT □Finance □Healthcare □BPO □ Retail □ Media □Automobile □Chemicals □ Consulting □ Defense □Education □Electronics □ Energy □ Engineering □Infrastructure □FMCG □ PSU □ Telecom □Textiles/Buying House □Associations □ Manufacturing □ Others ___________ 3. What is the staff strength in Pune? 4. Rate negotiations are done : □Locally □ RFP □Head Office 5. If it is done through RFP, then kindly let us know the Opening Date: ___________ Closing Date: ___________ Follow up from_____________ onwards. 6. Hotels used in Pune for business travel: 54
  • 55. Rates Hotel Name RMTS/ Year Inclusions Single Double 7. What would be the total no. of room nights in a month? □ Less than 25 □ 25-50 □ 50-75 □ 75-100 □ above 10 8. Rank the following parameters in the order of your preference while booking a hotel/resort: □ Location □ Airport □Commercial Hub □ Close to work place □ Tariff □ Service □ Uniqueness/experience □ Modern Amenities/Technology □ CRM programs of that hotel 9. How many residential conferences do you hold in a year? 10. Does your organization celebrate an Annual Day? 11. Would you prefer the hotel? 55
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