SlideShare a Scribd company logo
1 of 20
Market Segmentation and
Brand loyalty on TAJ
Taj Group
Indian Hotels Company Limited (IHCL), branded as Taj Group,is a chain
of hotels and resorts headquartered at Oxford House in Mumbai
which was incorporated by the founder of the Tata group, Jamsetji
Tata, in the year 1903. This company is a part of the Tata group, one
of India's largest business conglomerates. As of 2015, Taj Group
operates 108 hotels across India and 17 hotels in the UK, USA,
Africa, Maldives, Malaysia, Bhutan, Sri Lanka and the Middle East,
and employed over 13000 people in the year 2010.
Jamsetji Nusserwanji Tata, founder of the Tata Group,
opened the Taj Mahal Palace, a hotel in Mumbai
(formerly called Bombay) overlooking the Arabian Sea,
on 16 December 1903. It was the first Taj property and
the first Taj hotel.
BUSINESS PROFILE
 Indian Hotels Company Limited
 Type: - Public company
 Industry: - Hospitality and tourism
 Founded: - 1903
 Founder: - Jamsetji Tata
 Headquarters: - Mumbai, Maharashtra, India
 Key people: - Rakesh Sarna (MD & CEO)
 (1 September 2014 - Present)
 Revenue: - ₹1924.79 crore (US$290 million)
 Operating income: - ₹453.34 crore (US$67 million) (FY2012-13)[2][3]
 Net income: - ₹1924.79 crore (US$290 million) (FY2012-13)[2][3]
 Parent: - Tata Group
 Website www.tajhotels.com
Why should we do the
research?
Hotel landscape in the National Capital Region (NCR) of Delhi has
seen remarkable growth in the last few years. From a totally under-
supplied market a few years ago, the city now has surplus supply of
hotels, thanks to emergence of strong micro-markets around
Gurgaon and Noida/Greater Noida. If predictions are anything to go
by, it is definitely going to be an extremely competitive region for
hospitality stakeholders in the future. The supply from the Aerocity
hospitality district has started trickling in, and it is expected to
become the new Central Business District (CBD) of Delhi in the next
few years. Greater Noida promises to be the next happening
destination and Gurgaon will continue to grow to its flanks.
The biggest challenge is the increase in short- term supply and the impact
it will have on product positioning and market performance against
expectations. Gurgaon is no exception. However, one must remain
confident of the Gurgaon market and its ability to recover and correct
this imbalance in the short to medium term.
OBJECTIVES
1. Identification of brand loyalty process undertaken by IHCL.
2. Regain Missing emotional appeal
3. Building brand image of the TAJ brand at global level and
regional level specially Delhi and NCR.
4. Identification of techniques to move from a mono-brand
structure to a sun-and-planets model.
5. Finding to reserve the Taj brand for the luxury segment only.
6. Differentiate various steps to create distinct brands for other
viable market segments.
7. Carefully manage and limit the use of the Taj name.
8. Differentiate between the luxury brand and the corporate entity.
9. Name the corporate entity Taj Group.
RESEARCH
METHODOLOGY
PRIMARY DATA:-
Data observed or collected directly from first-hand experience. It consists of original data collected by
researcher. It is often undertaken after the researcher has gained some insight into the issue by
reviewing secondary data.
In this research project sources of primary data are:
1) QUESTIONNAIRE
2) PERSONAL INTERVIEW
SECONDARY DATA:-
Secondary data is one type of quantitative data that has already been collected by
someone other than the user .
In this research project sources of secondary data are:
1) INTERNET
2) BOOKS
3) MAGAZINES
4) NEWSPAPERS
Online Survey
This survey includes in-depth information about the performance of
TAJ across Delhi and nearby cities and provides several
benchmarks for comparing TAJ with other hotel performance in
India. I would like to thank the participating personnel for all the
information they have provided, thereby helping to improve the
quality of this research.
https://docs.google.com/forms/d/1I9DxGe6f8H7vTcTxgsnsyXHdv71rsMS
L6DwedLv7bWs/viewform
Online survey can be found on above mentioned link
Finding
Opportunity in the market
India’s hospitality market was in major flux. Explosive
growth in the middle class was joined by a huge
surge in business and leisure travel among domestic
and foreign tourists. Ambitious international hotel
brands were establishing themselves on the
subcontinent. Tata-owned Taj Hotels Resorts and
Palaces (THRP), India’s most celebrated luxury hotel
brand, realized it had an opportunity to serve new
segments of the market.
 41% Of the population expected to be middle class by
2025
 By 2025, domestic luxury class will reach 24 million
A mixed bag of brands
The Taj brand had been diluted by years of opportunistic growth. The
hotels in its portfolio—all Taj branded—offered two-star
experiences, five-star experiences, and everything in between. Taj’s
“mixed bag” of brands was confusing customer perceptions at a
time when competition was fiercest.
New brands clarify tiers of
service
A brand for every guest
Engaging employees
Leadership faced a challenge in selling the new brand architecture to its staff,
since many employees felt proud of working for the Taj brand. The core
branding team painstakingly engaged each stakeholder group to instill
confidence in the new strategy before launching publicly. Landor produced a
brand spirit book and a 20-minute brand film to help employees embrace
the transition.
Conclusion
Internal acceptance of the new structure has been extraordinary, and
IHCL, Taj’s parent company, was recently named a Gallup Great
Workplace. Brand recognition is the motive by TAJ group at global
level to explore the opportunity available with them with the new
successful brand architecture strategy has renewed the company’s
commitment to international expansion, and it hopes to double its
inventory in the next five years. Credit Suisse named Taj one of only
27 Great Brands of Tomorrow expected to significantly outperform
the market in the next three to five years
Taj brand and customer layality

More Related Content

What's hot

Taj group os hotels marketing strategies
Taj group os hotels marketing strategiesTaj group os hotels marketing strategies
Taj group os hotels marketing strategiesaditi sehgal
 
Assignment taj hotels services by nilesh shukla
Assignment taj hotels services  by nilesh shuklaAssignment taj hotels services  by nilesh shukla
Assignment taj hotels services by nilesh shuklaNILESH SHUKLA
 
vivanta by taj internship report
vivanta by taj internship report vivanta by taj internship report
vivanta by taj internship report Santosh Pathak
 
How to increase market share of taj hotels
How to increase market share of taj hotelsHow to increase market share of taj hotels
How to increase market share of taj hotelsAnshuman Mahapatra
 
Vivanta By TAJ- Organisational Study
Vivanta By TAJ- Organisational StudyVivanta By TAJ- Organisational Study
Vivanta By TAJ- Organisational StudySharath Murali
 
Analysis on Taj Hotel
Analysis on Taj HotelAnalysis on Taj Hotel
Analysis on Taj HotelEshan Jain
 
About hotel Taj and HR management
 About hotel Taj  and HR management  About hotel Taj  and HR management
About hotel Taj and HR management Babasab Patil
 
Hyatt Hotels Corporation
Hyatt Hotels CorporationHyatt Hotels Corporation
Hyatt Hotels CorporationVikas Gupta
 
Integrated Marketing Communication of Taj Group by @Marketer Rj
Integrated Marketing Communication of Taj Group by @Marketer RjIntegrated Marketing Communication of Taj Group by @Marketer Rj
Integrated Marketing Communication of Taj Group by @Marketer RjRohit Jain
 
Study on Taj Group of hotels
Study on Taj Group of hotelsStudy on Taj Group of hotels
Study on Taj Group of hotelsKushpatidar4
 
Final ppt analysis of hospitality sector
Final ppt analysis of hospitality sectorFinal ppt analysis of hospitality sector
Final ppt analysis of hospitality sectorHitesh Kattimani
 

What's hot (20)

Taj hotels and resort
Taj hotels and resortTaj hotels and resort
Taj hotels and resort
 
Taj group os hotels marketing strategies
Taj group os hotels marketing strategiesTaj group os hotels marketing strategies
Taj group os hotels marketing strategies
 
Taj Hotel
Taj HotelTaj Hotel
Taj Hotel
 
Taj group of hotels
Taj group of hotelsTaj group of hotels
Taj group of hotels
 
Assignment taj hotels services by nilesh shukla
Assignment taj hotels services  by nilesh shuklaAssignment taj hotels services  by nilesh shukla
Assignment taj hotels services by nilesh shukla
 
vivanta by taj internship report
vivanta by taj internship report vivanta by taj internship report
vivanta by taj internship report
 
How to increase market share of taj hotels
How to increase market share of taj hotelsHow to increase market share of taj hotels
How to increase market share of taj hotels
 
Vivanta By TAJ- Organisational Study
Vivanta By TAJ- Organisational StudyVivanta By TAJ- Organisational Study
Vivanta By TAJ- Organisational Study
 
Analysis on Taj Hotel
Analysis on Taj HotelAnalysis on Taj Hotel
Analysis on Taj Hotel
 
About hotel Taj and HR management
 About hotel Taj  and HR management  About hotel Taj  and HR management
About hotel Taj and HR management
 
Final taj hotel
Final taj hotelFinal taj hotel
Final taj hotel
 
ITC Hotels
ITC HotelsITC Hotels
ITC Hotels
 
taj hotels
taj hotelstaj hotels
taj hotels
 
Hyatt Hotels Corporation
Hyatt Hotels CorporationHyatt Hotels Corporation
Hyatt Hotels Corporation
 
Integrated Marketing Communication of Taj Group by @Marketer Rj
Integrated Marketing Communication of Taj Group by @Marketer RjIntegrated Marketing Communication of Taj Group by @Marketer Rj
Integrated Marketing Communication of Taj Group by @Marketer Rj
 
Study on Taj Group of hotels
Study on Taj Group of hotelsStudy on Taj Group of hotels
Study on Taj Group of hotels
 
HR Case Study - Hotel Taj
HR Case Study - Hotel TajHR Case Study - Hotel Taj
HR Case Study - Hotel Taj
 
Final ppt analysis of hospitality sector
Final ppt analysis of hospitality sectorFinal ppt analysis of hospitality sector
Final ppt analysis of hospitality sector
 
HRD initiatives of TAJ
HRD initiatives of TAJHRD initiatives of TAJ
HRD initiatives of TAJ
 
Itc hotels
Itc hotelsItc hotels
Itc hotels
 

Viewers also liked

Customer loyalty in Indian Luxury Retail is a myth
Customer loyalty  in Indian Luxury Retail is a mythCustomer loyalty  in Indian Luxury Retail is a myth
Customer loyalty in Indian Luxury Retail is a mythAbhay Gupta
 
Pwc analysis: What’s driving customer loyalty for today’s hotel brands?
Pwc analysis: What’s driving customer loyalty for today’s hotel brands?Pwc analysis: What’s driving customer loyalty for today’s hotel brands?
Pwc analysis: What’s driving customer loyalty for today’s hotel brands?David Vicent
 
Hotel Loyalty Programs - Frequent Traveler University Seattle 2014
Hotel Loyalty Programs - Frequent Traveler University Seattle 2014Hotel Loyalty Programs - Frequent Traveler University Seattle 2014
Hotel Loyalty Programs - Frequent Traveler University Seattle 2014Travel Codex
 
Customer loyalty in hotel industry
Customer loyalty in hotel industryCustomer loyalty in hotel industry
Customer loyalty in hotel industryAl Roma
 
Hotels 2020 Beyond Segmentation Web Version2 1
Hotels 2020 Beyond Segmentation Web Version2 1Hotels 2020 Beyond Segmentation Web Version2 1
Hotels 2020 Beyond Segmentation Web Version2 1Lausanne Montreux Congress
 
Webinar - Rethinking Hotel Segmentation
Webinar - Rethinking Hotel SegmentationWebinar - Rethinking Hotel Segmentation
Webinar - Rethinking Hotel SegmentationDuetto
 
The Effects of Customer Expectation and Perceived Service Quality on Customer...
The Effects of Customer Expectation and Perceived Service Quality on Customer...The Effects of Customer Expectation and Perceived Service Quality on Customer...
The Effects of Customer Expectation and Perceived Service Quality on Customer...Samaan Al-Msallam
 
MGM GRAND Revenue Management
MGM GRAND Revenue Management MGM GRAND Revenue Management
MGM GRAND Revenue Management Mohit Kumar Rai
 
Brand segmentation in the hotel and cruise industries
Brand segmentation in the hotel and cruise industriesBrand segmentation in the hotel and cruise industries
Brand segmentation in the hotel and cruise industriesMarinet Ltd
 
Serena ialamabad ppt
Serena ialamabad ppt Serena ialamabad ppt
Serena ialamabad ppt faizah akram
 
Sandals Presentation
Sandals PresentationSandals Presentation
Sandals Presentationsjohnson09
 
The relationship between customer satisfaction and customer loyalty in the ba...
The relationship between customer satisfaction and customer loyalty in the ba...The relationship between customer satisfaction and customer loyalty in the ba...
The relationship between customer satisfaction and customer loyalty in the ba...Samaan Al-Msallam
 
Customer satisfaction and brand loyalty in the hotel industry
Customer satisfaction and brand loyalty in the hotel industryCustomer satisfaction and brand loyalty in the hotel industry
Customer satisfaction and brand loyalty in the hotel industrySamaan Al-Msallam
 
Human Resource Practices at Shangri-la, New Delhi
Human Resource Practices at Shangri-la, New DelhiHuman Resource Practices at Shangri-la, New Delhi
Human Resource Practices at Shangri-la, New DelhiMohit Kumar Rai
 
Indian hotels company ltd final
Indian hotels company ltd finalIndian hotels company ltd final
Indian hotels company ltd finalAashish Rathod
 
Development of Loyalty Program for Indigo - A Low Cost Indian Airline: Consum...
Development of Loyalty Program for Indigo - A Low Cost Indian Airline: Consum...Development of Loyalty Program for Indigo - A Low Cost Indian Airline: Consum...
Development of Loyalty Program for Indigo - A Low Cost Indian Airline: Consum...Vishrut Shukla
 

Viewers also liked (20)

Mgm grands
Mgm grandsMgm grands
Mgm grands
 
Customer loyalty in Indian Luxury Retail is a myth
Customer loyalty  in Indian Luxury Retail is a mythCustomer loyalty  in Indian Luxury Retail is a myth
Customer loyalty in Indian Luxury Retail is a myth
 
Pwc analysis: What’s driving customer loyalty for today’s hotel brands?
Pwc analysis: What’s driving customer loyalty for today’s hotel brands?Pwc analysis: What’s driving customer loyalty for today’s hotel brands?
Pwc analysis: What’s driving customer loyalty for today’s hotel brands?
 
Understanding work team
Understanding work teamUnderstanding work team
Understanding work team
 
Hotel Loyalty Programs - Frequent Traveler University Seattle 2014
Hotel Loyalty Programs - Frequent Traveler University Seattle 2014Hotel Loyalty Programs - Frequent Traveler University Seattle 2014
Hotel Loyalty Programs - Frequent Traveler University Seattle 2014
 
Customer loyalty in hotel industry
Customer loyalty in hotel industryCustomer loyalty in hotel industry
Customer loyalty in hotel industry
 
Hotels 2020 Beyond Segmentation Web Version2 1
Hotels 2020 Beyond Segmentation Web Version2 1Hotels 2020 Beyond Segmentation Web Version2 1
Hotels 2020 Beyond Segmentation Web Version2 1
 
Webinar - Rethinking Hotel Segmentation
Webinar - Rethinking Hotel SegmentationWebinar - Rethinking Hotel Segmentation
Webinar - Rethinking Hotel Segmentation
 
The Effects of Customer Expectation and Perceived Service Quality on Customer...
The Effects of Customer Expectation and Perceived Service Quality on Customer...The Effects of Customer Expectation and Perceived Service Quality on Customer...
The Effects of Customer Expectation and Perceived Service Quality on Customer...
 
MGM GRAND Revenue Management
MGM GRAND Revenue Management MGM GRAND Revenue Management
MGM GRAND Revenue Management
 
Brand segmentation in the hotel and cruise industries
Brand segmentation in the hotel and cruise industriesBrand segmentation in the hotel and cruise industries
Brand segmentation in the hotel and cruise industries
 
Serena ialamabad ppt
Serena ialamabad ppt Serena ialamabad ppt
Serena ialamabad ppt
 
Sandals Presentation
Sandals PresentationSandals Presentation
Sandals Presentation
 
The relationship between customer satisfaction and customer loyalty in the ba...
The relationship between customer satisfaction and customer loyalty in the ba...The relationship between customer satisfaction and customer loyalty in the ba...
The relationship between customer satisfaction and customer loyalty in the ba...
 
Customer satisfaction and brand loyalty in the hotel industry
Customer satisfaction and brand loyalty in the hotel industryCustomer satisfaction and brand loyalty in the hotel industry
Customer satisfaction and brand loyalty in the hotel industry
 
Turnaround management
Turnaround managementTurnaround management
Turnaround management
 
Human Resource Practices at Shangri-la, New Delhi
Human Resource Practices at Shangri-la, New DelhiHuman Resource Practices at Shangri-la, New Delhi
Human Resource Practices at Shangri-la, New Delhi
 
Conflict resolution
Conflict resolutionConflict resolution
Conflict resolution
 
Indian hotels company ltd final
Indian hotels company ltd finalIndian hotels company ltd final
Indian hotels company ltd final
 
Development of Loyalty Program for Indigo - A Low Cost Indian Airline: Consum...
Development of Loyalty Program for Indigo - A Low Cost Indian Airline: Consum...Development of Loyalty Program for Indigo - A Low Cost Indian Airline: Consum...
Development of Loyalty Program for Indigo - A Low Cost Indian Airline: Consum...
 

Similar to Taj brand and customer layality

Hotels and tourism
Hotels and tourismHotels and tourism
Hotels and tourismHarish Lad
 
External environment of taj & oberoi hotel industry
External environment of taj & oberoi hotel industryExternal environment of taj & oberoi hotel industry
External environment of taj & oberoi hotel industrySaurabh Giratkar
 
IBytes Hospitality Industry
IBytes Hospitality IndustryIBytes Hospitality Industry
IBytes Hospitality IndustryEGBG Services
 
Sustainable operation & destination
Sustainable operation & destinationSustainable operation & destination
Sustainable operation & destinationArnab Das
 
summertraningprojectreoportinitconretailcoverage-130907004845-.pdf
summertraningprojectreoportinitconretailcoverage-130907004845-.pdfsummertraningprojectreoportinitconretailcoverage-130907004845-.pdf
summertraningprojectreoportinitconretailcoverage-130907004845-.pdfRITIKSINGH163487
 
Project Report on Retail Coverage of ITC
Project Report on Retail Coverage of ITCProject Report on Retail Coverage of ITC
Project Report on Retail Coverage of ITCJiten Sharma
 
Summertraningprojectreoportinitconretailcoverage 130907004845-
Summertraningprojectreoportinitconretailcoverage 130907004845-Summertraningprojectreoportinitconretailcoverage 130907004845-
Summertraningprojectreoportinitconretailcoverage 130907004845-Kokila Sharma
 
TCS PROJECT REPORT PRESENTATION.pptx
TCS PROJECT REPORT PRESENTATION.pptxTCS PROJECT REPORT PRESENTATION.pptx
TCS PROJECT REPORT PRESENTATION.pptxPriteshPampaniya
 
Sonia_resume (1)
Sonia_resume (1)Sonia_resume (1)
Sonia_resume (1)Sonia Joshi
 
An analysis of demat account and online trading
An analysis of demat account and online tradingAn analysis of demat account and online trading
An analysis of demat account and online tradingProjects Kart
 
Business Case Analysis - TIJA Company
Business Case Analysis - TIJA CompanyBusiness Case Analysis - TIJA Company
Business Case Analysis - TIJA CompanyHaris Suhendra
 
Consumer cONTACT PROGRAM
Consumer cONTACT PROGRAMConsumer cONTACT PROGRAM
Consumer cONTACT PROGRAMRitesh Thakur
 
Brandness of airtel.docx hhhhir helps the
Brandness of airtel.docx hhhhir helps theBrandness of airtel.docx hhhhir helps the
Brandness of airtel.docx hhhhir helps thehumamkhan07860
 
airtel.docx for shsjksnsmskdkdkddkdkdkkd
airtel.docx for shsjksnsmskdkdkddkdkdkkdairtel.docx for shsjksnsmskdkdkddkdkdkkd
airtel.docx for shsjksnsmskdkdkddkdkdkkdhumamkhan07860
 

Similar to Taj brand and customer layality (20)

Hotels and tourism
Hotels and tourismHotels and tourism
Hotels and tourism
 
External environment of taj & oberoi hotel industry
External environment of taj & oberoi hotel industryExternal environment of taj & oberoi hotel industry
External environment of taj & oberoi hotel industry
 
Customer Satisfaction final
Customer Satisfaction finalCustomer Satisfaction final
Customer Satisfaction final
 
IBytes Hospitality Industry
IBytes Hospitality IndustryIBytes Hospitality Industry
IBytes Hospitality Industry
 
Sustainable operation & destination
Sustainable operation & destinationSustainable operation & destination
Sustainable operation & destination
 
summertraningprojectreoportinitconretailcoverage-130907004845-.pdf
summertraningprojectreoportinitconretailcoverage-130907004845-.pdfsummertraningprojectreoportinitconretailcoverage-130907004845-.pdf
summertraningprojectreoportinitconretailcoverage-130907004845-.pdf
 
Project Report on Retail Coverage of ITC
Project Report on Retail Coverage of ITCProject Report on Retail Coverage of ITC
Project Report on Retail Coverage of ITC
 
Summertraningprojectreoportinitconretailcoverage 130907004845-
Summertraningprojectreoportinitconretailcoverage 130907004845-Summertraningprojectreoportinitconretailcoverage 130907004845-
Summertraningprojectreoportinitconretailcoverage 130907004845-
 
Final outlook
Final outlookFinal outlook
Final outlook
 
INDIA ENTRY STRATEGY
INDIA ENTRY STRATEGYINDIA ENTRY STRATEGY
INDIA ENTRY STRATEGY
 
Hotel DM
Hotel DMHotel DM
Hotel DM
 
TCS PROJECT REPORT PRESENTATION.pptx
TCS PROJECT REPORT PRESENTATION.pptxTCS PROJECT REPORT PRESENTATION.pptx
TCS PROJECT REPORT PRESENTATION.pptx
 
Sonia_resume (1)
Sonia_resume (1)Sonia_resume (1)
Sonia_resume (1)
 
An analysis of demat account and online trading
An analysis of demat account and online tradingAn analysis of demat account and online trading
An analysis of demat account and online trading
 
Business Case Analysis - TIJA Company
Business Case Analysis - TIJA CompanyBusiness Case Analysis - TIJA Company
Business Case Analysis - TIJA Company
 
Consumer cONTACT PROGRAM
Consumer cONTACT PROGRAMConsumer cONTACT PROGRAM
Consumer cONTACT PROGRAM
 
ES FINAL REPORT
ES FINAL REPORTES FINAL REPORT
ES FINAL REPORT
 
Renamed eco(1)
Renamed eco(1)Renamed eco(1)
Renamed eco(1)
 
Brandness of airtel.docx hhhhir helps the
Brandness of airtel.docx hhhhir helps theBrandness of airtel.docx hhhhir helps the
Brandness of airtel.docx hhhhir helps the
 
airtel.docx for shsjksnsmskdkdkddkdkdkkd
airtel.docx for shsjksnsmskdkdkddkdkdkkdairtel.docx for shsjksnsmskdkdkddkdkdkkd
airtel.docx for shsjksnsmskdkdkddkdkdkkd
 

Recently uploaded

dusjagr & nano talk on open tools for agriculture research and learning
dusjagr & nano talk on open tools for agriculture research and learningdusjagr & nano talk on open tools for agriculture research and learning
dusjagr & nano talk on open tools for agriculture research and learningMarc Dusseiller Dusjagr
 
Introduction to TechSoup’s Digital Marketing Services and Use Cases
Introduction to TechSoup’s Digital Marketing  Services and Use CasesIntroduction to TechSoup’s Digital Marketing  Services and Use Cases
Introduction to TechSoup’s Digital Marketing Services and Use CasesTechSoup
 
What is 3 Way Matching Process in Odoo 17.pptx
What is 3 Way Matching Process in Odoo 17.pptxWhat is 3 Way Matching Process in Odoo 17.pptx
What is 3 Way Matching Process in Odoo 17.pptxCeline George
 
FSB Advising Checklist - Orientation 2024
FSB Advising Checklist - Orientation 2024FSB Advising Checklist - Orientation 2024
FSB Advising Checklist - Orientation 2024Elizabeth Walsh
 
Sensory_Experience_and_Emotional_Resonance_in_Gabriel_Okaras_The_Piano_and_Th...
Sensory_Experience_and_Emotional_Resonance_in_Gabriel_Okaras_The_Piano_and_Th...Sensory_Experience_and_Emotional_Resonance_in_Gabriel_Okaras_The_Piano_and_Th...
Sensory_Experience_and_Emotional_Resonance_in_Gabriel_Okaras_The_Piano_and_Th...Pooja Bhuva
 
TỔNG ÔN TẬP THI VÀO LỚP 10 MÔN TIẾNG ANH NĂM HỌC 2023 - 2024 CÓ ĐÁP ÁN (NGỮ Â...
TỔNG ÔN TẬP THI VÀO LỚP 10 MÔN TIẾNG ANH NĂM HỌC 2023 - 2024 CÓ ĐÁP ÁN (NGỮ Â...TỔNG ÔN TẬP THI VÀO LỚP 10 MÔN TIẾNG ANH NĂM HỌC 2023 - 2024 CÓ ĐÁP ÁN (NGỮ Â...
TỔNG ÔN TẬP THI VÀO LỚP 10 MÔN TIẾNG ANH NĂM HỌC 2023 - 2024 CÓ ĐÁP ÁN (NGỮ Â...Nguyen Thanh Tu Collection
 
On National Teacher Day, meet the 2024-25 Kenan Fellows
On National Teacher Day, meet the 2024-25 Kenan FellowsOn National Teacher Day, meet the 2024-25 Kenan Fellows
On National Teacher Day, meet the 2024-25 Kenan FellowsMebane Rash
 
Accessible Digital Futures project (20/03/2024)
Accessible Digital Futures project (20/03/2024)Accessible Digital Futures project (20/03/2024)
Accessible Digital Futures project (20/03/2024)Jisc
 
Interdisciplinary_Insights_Data_Collection_Methods.pptx
Interdisciplinary_Insights_Data_Collection_Methods.pptxInterdisciplinary_Insights_Data_Collection_Methods.pptx
Interdisciplinary_Insights_Data_Collection_Methods.pptxPooja Bhuva
 
Graduate Outcomes Presentation Slides - English
Graduate Outcomes Presentation Slides - EnglishGraduate Outcomes Presentation Slides - English
Graduate Outcomes Presentation Slides - Englishneillewis46
 
HMCS Vancouver Pre-Deployment Brief - May 2024 (Web Version).pptx
HMCS Vancouver Pre-Deployment Brief - May 2024 (Web Version).pptxHMCS Vancouver Pre-Deployment Brief - May 2024 (Web Version).pptx
HMCS Vancouver Pre-Deployment Brief - May 2024 (Web Version).pptxmarlenawright1
 
Understanding Accommodations and Modifications
Understanding  Accommodations and ModificationsUnderstanding  Accommodations and Modifications
Understanding Accommodations and ModificationsMJDuyan
 
NO1 Top Black Magic Specialist In Lahore Black magic In Pakistan Kala Ilam Ex...
NO1 Top Black Magic Specialist In Lahore Black magic In Pakistan Kala Ilam Ex...NO1 Top Black Magic Specialist In Lahore Black magic In Pakistan Kala Ilam Ex...
NO1 Top Black Magic Specialist In Lahore Black magic In Pakistan Kala Ilam Ex...Amil baba
 
Exploring_the_Narrative_Style_of_Amitav_Ghoshs_Gun_Island.pptx
Exploring_the_Narrative_Style_of_Amitav_Ghoshs_Gun_Island.pptxExploring_the_Narrative_Style_of_Amitav_Ghoshs_Gun_Island.pptx
Exploring_the_Narrative_Style_of_Amitav_Ghoshs_Gun_Island.pptxPooja Bhuva
 
COMMUNICATING NEGATIVE NEWS - APPROACHES .pptx
COMMUNICATING NEGATIVE NEWS - APPROACHES .pptxCOMMUNICATING NEGATIVE NEWS - APPROACHES .pptx
COMMUNICATING NEGATIVE NEWS - APPROACHES .pptxannathomasp01
 
UGC NET Paper 1 Unit 7 DATA INTERPRETATION.pdf
UGC NET Paper 1 Unit 7 DATA INTERPRETATION.pdfUGC NET Paper 1 Unit 7 DATA INTERPRETATION.pdf
UGC NET Paper 1 Unit 7 DATA INTERPRETATION.pdfNirmal Dwivedi
 
How to Manage Global Discount in Odoo 17 POS
How to Manage Global Discount in Odoo 17 POSHow to Manage Global Discount in Odoo 17 POS
How to Manage Global Discount in Odoo 17 POSCeline George
 
Play hard learn harder: The Serious Business of Play
Play hard learn harder:  The Serious Business of PlayPlay hard learn harder:  The Serious Business of Play
Play hard learn harder: The Serious Business of PlayPooky Knightsmith
 

Recently uploaded (20)

dusjagr & nano talk on open tools for agriculture research and learning
dusjagr & nano talk on open tools for agriculture research and learningdusjagr & nano talk on open tools for agriculture research and learning
dusjagr & nano talk on open tools for agriculture research and learning
 
Introduction to TechSoup’s Digital Marketing Services and Use Cases
Introduction to TechSoup’s Digital Marketing  Services and Use CasesIntroduction to TechSoup’s Digital Marketing  Services and Use Cases
Introduction to TechSoup’s Digital Marketing Services and Use Cases
 
What is 3 Way Matching Process in Odoo 17.pptx
What is 3 Way Matching Process in Odoo 17.pptxWhat is 3 Way Matching Process in Odoo 17.pptx
What is 3 Way Matching Process in Odoo 17.pptx
 
FSB Advising Checklist - Orientation 2024
FSB Advising Checklist - Orientation 2024FSB Advising Checklist - Orientation 2024
FSB Advising Checklist - Orientation 2024
 
Sensory_Experience_and_Emotional_Resonance_in_Gabriel_Okaras_The_Piano_and_Th...
Sensory_Experience_and_Emotional_Resonance_in_Gabriel_Okaras_The_Piano_and_Th...Sensory_Experience_and_Emotional_Resonance_in_Gabriel_Okaras_The_Piano_and_Th...
Sensory_Experience_and_Emotional_Resonance_in_Gabriel_Okaras_The_Piano_and_Th...
 
TỔNG ÔN TẬP THI VÀO LỚP 10 MÔN TIẾNG ANH NĂM HỌC 2023 - 2024 CÓ ĐÁP ÁN (NGỮ Â...
TỔNG ÔN TẬP THI VÀO LỚP 10 MÔN TIẾNG ANH NĂM HỌC 2023 - 2024 CÓ ĐÁP ÁN (NGỮ Â...TỔNG ÔN TẬP THI VÀO LỚP 10 MÔN TIẾNG ANH NĂM HỌC 2023 - 2024 CÓ ĐÁP ÁN (NGỮ Â...
TỔNG ÔN TẬP THI VÀO LỚP 10 MÔN TIẾNG ANH NĂM HỌC 2023 - 2024 CÓ ĐÁP ÁN (NGỮ Â...
 
On National Teacher Day, meet the 2024-25 Kenan Fellows
On National Teacher Day, meet the 2024-25 Kenan FellowsOn National Teacher Day, meet the 2024-25 Kenan Fellows
On National Teacher Day, meet the 2024-25 Kenan Fellows
 
VAMOS CUIDAR DO NOSSO PLANETA! .
VAMOS CUIDAR DO NOSSO PLANETA!                    .VAMOS CUIDAR DO NOSSO PLANETA!                    .
VAMOS CUIDAR DO NOSSO PLANETA! .
 
Accessible Digital Futures project (20/03/2024)
Accessible Digital Futures project (20/03/2024)Accessible Digital Futures project (20/03/2024)
Accessible Digital Futures project (20/03/2024)
 
Interdisciplinary_Insights_Data_Collection_Methods.pptx
Interdisciplinary_Insights_Data_Collection_Methods.pptxInterdisciplinary_Insights_Data_Collection_Methods.pptx
Interdisciplinary_Insights_Data_Collection_Methods.pptx
 
Graduate Outcomes Presentation Slides - English
Graduate Outcomes Presentation Slides - EnglishGraduate Outcomes Presentation Slides - English
Graduate Outcomes Presentation Slides - English
 
HMCS Vancouver Pre-Deployment Brief - May 2024 (Web Version).pptx
HMCS Vancouver Pre-Deployment Brief - May 2024 (Web Version).pptxHMCS Vancouver Pre-Deployment Brief - May 2024 (Web Version).pptx
HMCS Vancouver Pre-Deployment Brief - May 2024 (Web Version).pptx
 
Understanding Accommodations and Modifications
Understanding  Accommodations and ModificationsUnderstanding  Accommodations and Modifications
Understanding Accommodations and Modifications
 
NO1 Top Black Magic Specialist In Lahore Black magic In Pakistan Kala Ilam Ex...
NO1 Top Black Magic Specialist In Lahore Black magic In Pakistan Kala Ilam Ex...NO1 Top Black Magic Specialist In Lahore Black magic In Pakistan Kala Ilam Ex...
NO1 Top Black Magic Specialist In Lahore Black magic In Pakistan Kala Ilam Ex...
 
Exploring_the_Narrative_Style_of_Amitav_Ghoshs_Gun_Island.pptx
Exploring_the_Narrative_Style_of_Amitav_Ghoshs_Gun_Island.pptxExploring_the_Narrative_Style_of_Amitav_Ghoshs_Gun_Island.pptx
Exploring_the_Narrative_Style_of_Amitav_Ghoshs_Gun_Island.pptx
 
COMMUNICATING NEGATIVE NEWS - APPROACHES .pptx
COMMUNICATING NEGATIVE NEWS - APPROACHES .pptxCOMMUNICATING NEGATIVE NEWS - APPROACHES .pptx
COMMUNICATING NEGATIVE NEWS - APPROACHES .pptx
 
UGC NET Paper 1 Unit 7 DATA INTERPRETATION.pdf
UGC NET Paper 1 Unit 7 DATA INTERPRETATION.pdfUGC NET Paper 1 Unit 7 DATA INTERPRETATION.pdf
UGC NET Paper 1 Unit 7 DATA INTERPRETATION.pdf
 
How to Manage Global Discount in Odoo 17 POS
How to Manage Global Discount in Odoo 17 POSHow to Manage Global Discount in Odoo 17 POS
How to Manage Global Discount in Odoo 17 POS
 
Play hard learn harder: The Serious Business of Play
Play hard learn harder:  The Serious Business of PlayPlay hard learn harder:  The Serious Business of Play
Play hard learn harder: The Serious Business of Play
 
Our Environment Class 10 Science Notes pdf
Our Environment Class 10 Science Notes pdfOur Environment Class 10 Science Notes pdf
Our Environment Class 10 Science Notes pdf
 

Taj brand and customer layality

  • 3. Indian Hotels Company Limited (IHCL), branded as Taj Group,is a chain of hotels and resorts headquartered at Oxford House in Mumbai which was incorporated by the founder of the Tata group, Jamsetji Tata, in the year 1903. This company is a part of the Tata group, one of India's largest business conglomerates. As of 2015, Taj Group operates 108 hotels across India and 17 hotels in the UK, USA, Africa, Maldives, Malaysia, Bhutan, Sri Lanka and the Middle East, and employed over 13000 people in the year 2010.
  • 4. Jamsetji Nusserwanji Tata, founder of the Tata Group, opened the Taj Mahal Palace, a hotel in Mumbai (formerly called Bombay) overlooking the Arabian Sea, on 16 December 1903. It was the first Taj property and the first Taj hotel.
  • 5. BUSINESS PROFILE  Indian Hotels Company Limited  Type: - Public company  Industry: - Hospitality and tourism  Founded: - 1903  Founder: - Jamsetji Tata  Headquarters: - Mumbai, Maharashtra, India  Key people: - Rakesh Sarna (MD & CEO)  (1 September 2014 - Present)  Revenue: - ₹1924.79 crore (US$290 million)  Operating income: - ₹453.34 crore (US$67 million) (FY2012-13)[2][3]  Net income: - ₹1924.79 crore (US$290 million) (FY2012-13)[2][3]  Parent: - Tata Group  Website www.tajhotels.com
  • 6.
  • 7. Why should we do the research? Hotel landscape in the National Capital Region (NCR) of Delhi has seen remarkable growth in the last few years. From a totally under- supplied market a few years ago, the city now has surplus supply of hotels, thanks to emergence of strong micro-markets around Gurgaon and Noida/Greater Noida. If predictions are anything to go by, it is definitely going to be an extremely competitive region for hospitality stakeholders in the future. The supply from the Aerocity hospitality district has started trickling in, and it is expected to become the new Central Business District (CBD) of Delhi in the next few years. Greater Noida promises to be the next happening destination and Gurgaon will continue to grow to its flanks.
  • 8. The biggest challenge is the increase in short- term supply and the impact it will have on product positioning and market performance against expectations. Gurgaon is no exception. However, one must remain confident of the Gurgaon market and its ability to recover and correct this imbalance in the short to medium term.
  • 9. OBJECTIVES 1. Identification of brand loyalty process undertaken by IHCL. 2. Regain Missing emotional appeal 3. Building brand image of the TAJ brand at global level and regional level specially Delhi and NCR. 4. Identification of techniques to move from a mono-brand structure to a sun-and-planets model. 5. Finding to reserve the Taj brand for the luxury segment only. 6. Differentiate various steps to create distinct brands for other viable market segments. 7. Carefully manage and limit the use of the Taj name. 8. Differentiate between the luxury brand and the corporate entity. 9. Name the corporate entity Taj Group.
  • 10. RESEARCH METHODOLOGY PRIMARY DATA:- Data observed or collected directly from first-hand experience. It consists of original data collected by researcher. It is often undertaken after the researcher has gained some insight into the issue by reviewing secondary data. In this research project sources of primary data are: 1) QUESTIONNAIRE 2) PERSONAL INTERVIEW SECONDARY DATA:- Secondary data is one type of quantitative data that has already been collected by someone other than the user . In this research project sources of secondary data are: 1) INTERNET 2) BOOKS 3) MAGAZINES 4) NEWSPAPERS
  • 11. Online Survey This survey includes in-depth information about the performance of TAJ across Delhi and nearby cities and provides several benchmarks for comparing TAJ with other hotel performance in India. I would like to thank the participating personnel for all the information they have provided, thereby helping to improve the quality of this research.
  • 14. Opportunity in the market India’s hospitality market was in major flux. Explosive growth in the middle class was joined by a huge surge in business and leisure travel among domestic and foreign tourists. Ambitious international hotel brands were establishing themselves on the subcontinent. Tata-owned Taj Hotels Resorts and Palaces (THRP), India’s most celebrated luxury hotel brand, realized it had an opportunity to serve new segments of the market.  41% Of the population expected to be middle class by 2025  By 2025, domestic luxury class will reach 24 million
  • 15. A mixed bag of brands The Taj brand had been diluted by years of opportunistic growth. The hotels in its portfolio—all Taj branded—offered two-star experiences, five-star experiences, and everything in between. Taj’s “mixed bag” of brands was confusing customer perceptions at a time when competition was fiercest.
  • 16. New brands clarify tiers of service
  • 17. A brand for every guest
  • 18. Engaging employees Leadership faced a challenge in selling the new brand architecture to its staff, since many employees felt proud of working for the Taj brand. The core branding team painstakingly engaged each stakeholder group to instill confidence in the new strategy before launching publicly. Landor produced a brand spirit book and a 20-minute brand film to help employees embrace the transition.
  • 19. Conclusion Internal acceptance of the new structure has been extraordinary, and IHCL, Taj’s parent company, was recently named a Gallup Great Workplace. Brand recognition is the motive by TAJ group at global level to explore the opportunity available with them with the new successful brand architecture strategy has renewed the company’s commitment to international expansion, and it hopes to double its inventory in the next five years. Credit Suisse named Taj one of only 27 Great Brands of Tomorrow expected to significantly outperform the market in the next three to five years