HOTEL CONCEPTS Flashcards
[DEFINITION]
- A hotel concept is the b____ for everything that follows.
- It’s the fou_____ idea that defines your hotel’s br___, char___, pr___ and ser___, sales and m_____, and more.
- It curates a distinctive id_____y in the market and in the eyes of your clearly - defined target group
- basis
- foundational
- brand, character, product, services, marketing
- identity
Concept:
- An ab___ idea
- A pl__ or in___
- An idea or in____ to help sell or pub____ a commodity
- Abstract
- plan, intention
- invention, publicize
[Target markets] Defined groups of travelers that the hotel seeks to re____ or at__ as guests
retain, attract
[ KEY ELEMENTS]
1. Pur___: WHY you exist beyond making pr___
2. Prin____: Your vis___, mis___ and va___
3. People: The people you are serving with a solution to their pr____, as well as the people you are working/ partnering with to make an im___
4. Story: The unique st___ that you - and only you - are telling in order to emotionally co___ with your people
5. Positioning + USPs: What di_____ you in the market
- Purpose, profit
- Principles, vision, mission, values
- problems, impact
- story, connect
- differentiates
[ WHY DO WE NEED HOTEL CONCEPTS ?] A clearly defined and sustainable hotel concept offers many benefits:
1. Gives clarity on the Wh___, H__, W___
2. Aligns their st______ around a shared pu___ nd vi___
3. Enables them to use re____ more efficiently ( time, money, etc) - but also the resources of the planet
4. Makes the hotel s_____ out from the crowd
5. Creates a better future for the hotel and b____ ,for people and pl___
- What, how, why
- stakeholders, purpose, vision
- resources
- stand
- business, planet
[ WHY DO WE NEED HOTEL CONCEPTS ?] A clearly defined and sustainable hotel concept offers many benefits:
1. Gives clarity on the Wh___, H__, W___
2. Aligns their st______ around a shared pu___ nd vi___
3. Enables them to use re____ more efficiently ( time, money, etc) - but also the resources of the planet
4. Makes the hotel s_____ out from the crowd
5. Creates a better future for the hotel and b____ ,for people and pl___
- What, how, why
- stakeholders, purpose, vision
- resources
- stand
- business, planet
Hotels with strong concepts can demand a pr_____ price, provide a coh____ guest experience, s___ and market themselves smartly, re___ talented staff and a co____ following, and have a marketable platform when pitching for inv___ and partners
premium, coherent, sell, recruit, community, investors
[ HOTEL CLASSIFICATION] 12 types
1. Com____ hotels
2. Air____ hotels
3. Suite hotels
4. Ex____- stay
5. Residental
6. Resort
7. BnB
8. Vac______ ownership/ condominium
9. Conference
10. Conv____
11. Bouti___ hotels
12. Lifestyle
- Commercial
- Airport
- extended
- vaction
- Convention
- Boutique
What do you need?
- Make people talk about you
- Be different
Why do we have so many concepts?
1. Different p___
2. Different n____
3. Reach the ex___/ im____
4. Need to be dif____/ try something un____
- People
- needs
- extreme/ impossible
- different/ unusual
Positive:
1. Rema____
2. Sp____experience
3. Va_____
4. Per_____
5. Excl______
- Remarkable
- Special
- Variety
- Personal
- Exclusivity
Negative:
- Guest retention
- Higher risk