Difference between revisions of "Customer"

From Emerald Forest Hotel
Jump to navigation Jump to search
Line 11: Line 11:


* Memory!
* Memory!
Keep in mind that you cannot just change your hotel strategy (for instance on price or promotion) very drastic every year. Therefor there are also limitations to the changes allowed in your [[decisions]]. Your have a certain image as to what customers think of you. This will last, which means in effect the main part of the (potential) customers will remember last year as well and will take this in account on deciding which hotel to choose this year. Related to your yearly decisions, though, customers do not look at last years prices at all.
Keep in mind that you cannot just change your hotel strategy (for instance on price or promotion) very drastic every year. Therefor there are also limitations to the changes allowed in your [[decisions]]. Your have a certain image as to what customers think of you. This will last, which means in effect the main part of the (potential) customers will remember last year as well and will take this in account on deciding which hotel to choose ''this'' year. All other decisions will only have effect for just one year!


* Elasticity
* Elasticity
There is [[elasticity]] of the price in the market. But the price is just one of the items on which the market reacts. If the prices go way too low or way too high there will be a "buyers-strike" in the market, the elasticity will deliver an extreme reaction at a certain point as you (all) might have lost credibility then. This means people will choose for the [[competition]] on a higher level and might exchange a stay in a hotel for a long haul trip or a package deal or even buy new furniture instead of booking a trip. The total of the demand side then will shrink.
There is [[elasticity]] of the price in the market. But the price is just one of the items on which the market reacts. If the prices go way too low or way too high there will be a "buyers-strike" in the market, the elasticity will deliver an extreme reaction at a certain point as you (all) might have lost credibility then. This means people will choose for the [[competition]] on a higher level and might exchange a stay in a hotel for a long haul trip or a package deal or even buy new furniture instead of booking a trip. The total of the demand side then will shrink.


* Small differences
* Small differences
Line 20: Line 20:


* Last years costs made
* Last years costs made
As most costs are only related to one specific year, this means that they only have effect in that one specific year, keep that in mind.
As most costs and expenditures are only related to one specific year, this means that they only have effect in that one specific year, keep that in mind.


* Random
* Random
There is a small group, no matter what you do, who chooses their hotel in a kind of random way.
There is a small group, no matter what you do, who chooses their hotel in a kind of random way. It is impossible to influence this group.
It is very hard to influence this group.


== Customers so far == __NOEDITSECTION__
== Customers so far == __NOEDITSECTION__
Take care of the wishes of your customers and other interest groups (stakeholders) as well as keeping the [[Hotel objectives|objectives of the hotel]] in mind combined with your own goals! On the page [[How do I get customers]] more information on getting your customers is given.
Take care of the wishes of your customers and other interest groups (stakeholders) as well as keeping the [[Hotel objectives|objectives of the hotel]] in mind combined with your own goals! On the page [[How do I get customers]] more information on getting your customers is given.
In the documentation available so far, there is no distinction visible between which customers are booked in which rooms (renovated or not).<br>
In the documentation available so far, there is no distinction visible between which customers are booked in the renovated rooms and which in the not renovated rooms.<br>
The split up in types of customers seems to be a bit out of fashion, as the offer from the hotel stands and any customers just makes it's own choice. Especially as the hotel is operating internationally in the modern 24/7 economy.
The split up in types of customers seems to be a bit out of fashion, as the offer from the hotel stands and any customers just makes it's own choice. Especially as the hotel is operating internationally in the modern 24/7 economy.


== Type of customers leisure ==__NOEDITSECTION__
== Type of customers leisure ==__NOEDITSECTION__
There is no specific information on the type of customers. The hotel has always in the first place been aiming at the business market and in the second place on the leisure market. The type of customers attracted so far are an average of the leisure market. Not really a lot of families with children (due to the location in the city probably) and at an average room occupancy of 1,7 per room still also a large group lot of people who travel alone. <br>
There is no specific information on the type of customers. The hotel has always in the first place been aiming at the business market and in the second place on the leisure market. The type of customers attracted so far are an average of the leisure market. Not really a lot of families with children (due to the location in the city probably) and at an average room occupancy of 1,7 per room still also a large group of people who travel alone. <br>
As explained in [[targetgroups]], weekend days are more used by the leisure customers.  
As explained in [[targetgroups]], weekend days are more used by the leisure customers.  



Revision as of 12:02, 27 December 2014

→ Go! Category:Hotel info
→ Go! 27NL E-manual
→ Go! Running competition

Type of customers generally

There are different types of customers, keep that in mind. Here are some remarks giving on the customer and the demand side of the market in general. Also check the page How do I get customers.

  • Price buyers

Some of the customers are very sensible to price changes and will only be loyal to the lowest prices in the market. This is (luckily?) less then 10 percent of the total of all of the markets: we define this group as price buyers.

  • Memory!

Keep in mind that you cannot just change your hotel strategy (for instance on price or promotion) very drastic every year. Therefor there are also limitations to the changes allowed in your decisions. Your have a certain image as to what customers think of you. This will last, which means in effect the main part of the (potential) customers will remember last year as well and will take this in account on deciding which hotel to choose this year. All other decisions will only have effect for just one year!

  • Elasticity

There is elasticity of the price in the market. But the price is just one of the items on which the market reacts. If the prices go way too low or way too high there will be a "buyers-strike" in the market, the elasticity will deliver an extreme reaction at a certain point as you (all) might have lost credibility then. This means people will choose for the competition on a higher level and might exchange a stay in a hotel for a long haul trip or a package deal or even buy new furniture instead of booking a trip. The total of the demand side then will shrink.

  • Small differences

The customers are sensitive to price-differences, it is just not true that they are always looking for a bargain. But, if things seems to be a like a small difference in price or a psychological interesting price just may convince customers to book at your hotel.

  • Last years costs made

As most costs and expenditures are only related to one specific year, this means that they only have effect in that one specific year, keep that in mind.

  • Random

There is a small group, no matter what you do, who chooses their hotel in a kind of random way. It is impossible to influence this group.

Customers so far

Take care of the wishes of your customers and other interest groups (stakeholders) as well as keeping the objectives of the hotel in mind combined with your own goals! On the page How do I get customers more information on getting your customers is given. In the documentation available so far, there is no distinction visible between which customers are booked in the renovated rooms and which in the not renovated rooms.
The split up in types of customers seems to be a bit out of fashion, as the offer from the hotel stands and any customers just makes it's own choice. Especially as the hotel is operating internationally in the modern 24/7 economy.

Type of customers leisure

There is no specific information on the type of customers. The hotel has always in the first place been aiming at the business market and in the second place on the leisure market. The type of customers attracted so far are an average of the leisure market. Not really a lot of families with children (due to the location in the city probably) and at an average room occupancy of 1,7 per room still also a large group of people who travel alone.
As explained in targetgroups, weekend days are more used by the leisure customers.

Type of customers business

There is no specific information on the type of customers. The hotel has always in the first place been aiming at the business market and in the second place on the leisure market. The type of customers attracted so far are an average of the business market. (Almost) all rooms are occupied just by one person: so the average number of guest during the weekdays in any room is 1,0. It seems that the location (in the city) is appreciated highly by the business customers: so not somewhere in the outskirt of the city next to the highway. Next to that the hotel scores points for being a family owned and run hotel so with personal attention for the needs of its customers.
As explained in targetgroups, week days are more used by the business customers.

New targetgroups

New ideas on the targetgroups are very welcome. The only thing Christina wants you to stick to, is deciding on prices for the weekend and the weekdays. For both situations decide on a rack-rate (maximum price) and a last-minute rate (a minimum). Other plans on prices you have to do in your other (marketing) decisions).


→ Go! Following the e-Manual? Step eight is the page how do I get customers, click here


→ GO! Top of this page

Emerald Forest Hotel offering an emerald hotel experience! | Run your own hotel in this management simulation.