Preview

Shangri-La

Powerful Essays
Open Document
Open Document
2831 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Shangri-La
Case 24Shangri-La Hotels

1. The key element of strategy implemented by Shangri-La Hotel in gaining competitive advantage over its rivals is by offering services that are superior value worth paying more for. Shangri-la uses its signature standard of “Shangri-La Hospitality” in achieving an edge or competitive advantage over rivals in attracting buyers and coping with competitive forces.
A company’s competitive strategy deals exclusively with the specific of management’s game plan for competing successfully, its specific effort to please customers, its offensive and defensive moves to counter maneuvers of rivals, its responses to whatever market conditions prevail at the moment, its initiatives to strengthen its market position, and its approach to securing a competitive advantage vis-à-vis rivals.
There are five types of generic competitive strategies that can be adopted by organizations to suit their strategic vision, mission and objectives. In the case of Shangri-La Hotel, they are adopting the generic competitive strategy of focused differentiation strategy targeting a narrow market segment or market niche.
Shangri-La Hotel as a leading player in the luxury hotel industry adopt a focused strategy keyed to differentiation aims at securing a competitive advantage with its signature standard of “Shangri-La Hospitality” a service model based on traditional Asian hospitality. Fulfilling the needs of a narrow and well-defined group of buyers. The market niche of Shangri-La Hotel is the group of buyers with high level of income and buyer who prefer luxury services and standards.
Shangri-La Hotel is a rapidly expanding international deluxe hotel rooms with 50 hotels across south-east Asia, Europe and North America and Bridle, and still expanding their market towards China. Shangri-La’s international strategy in fitting specific market conditions and buyers preferences is think-global, act-global approaches.
In expanding, its market worldwide which includes

You May Also Find These Documents Helpful

  • Powerful Essays

    BSD115 Business Brief

    • 718 Words
    • 3 Pages

    In a hypercompetitive environment, hoteliers must be innovative and flexible to adapt to new product and service demand in the marketplace. This is to ensure a better experience for the hotel guests (Jogaratnam & Ching-Yick Tse, 2006, p. 455). If Furlanis Hotels…

    • 718 Words
    • 3 Pages
    Powerful Essays
  • Powerful Essays

    Competitive strategies are strategies to make you and your organization stand above the rest, for instance, when talking of credit unions, one looks at the interest rate offered for certificates of deposits, the duration, and the amount needed to open such account. What services are offered by the credit union, online banking, and bill pay, online deposits, loan types, also such things as locations, ATM fees, and bank card fees, all of these are items not only the consumer looks at, also the competitors look at as well.…

    • 1474 Words
    • 6 Pages
    Powerful Essays
  • Powerful Essays

    Chapter Five describes the five basic competitive strategy options – which of the five to employ is a company’s first and foremost choice in crafting overall strategy and beginning its quest for competitive advantage.…

    • 4409 Words
    • 18 Pages
    Powerful Essays
  • Powerful Essays

    Omni Hotels and Resorts

    • 6877 Words
    • 28 Pages

    Omni Hotels and Resorts is a member of the hospitality industry. For the remainder of this report, it will be referenced, compared and analyzed on how best it fits into the hospitality industry in the United States economy. Omni Hotels and Resorts is a relatively small player in the hospitality industry when compared to Marriot, Hilton, Radisson or Best Western, but none the less has recognized suitable returns for its respective market share. To better classify and study Omni’s performance it is necessary to tighten the focus of what its specific industry really is. The hospitality industry and more exclusively, the hotel industry, is structured with the following classifications: Luxury, Upper Upscale, Upscale, Midscale with F&B (Food and Beverage), Midscale without F&B, and Economy. Omni Hotels falls into the upper-upscale market alongside competitors such as Hyatt, Hilton Hotels, Sandals Resorts, Doubletree, Sheraton Hotels and Resorts and many others. Omni Hotels best fits, or caters to, the target market of a traveling business person within the upper-upscale level of hotels. This specific market seeks to provide services and amenities needed to perform and conduct business in a timely and fashionable manner, while away from the home office.…

    • 6877 Words
    • 28 Pages
    Powerful Essays
  • Better Essays

    Panera Bread Essay

    • 878 Words
    • 4 Pages

    All companies must have a strategic plan. How well the strategy succeeds is based on the competitive strategy plan. A competitive strategy is defined as the “specifics of management’s game plan for competing successfully and securing a competitive advantage over rivals in the marketplace.” (Peteraf-Gamble-Thompson, 2013). In addition, a competitive strategy helps the company provide its position and advantage in the marketplace by determining two important factors: a) a broad or narrow market focus and b) low cost or product differentiation.…

    • 878 Words
    • 4 Pages
    Better Essays
  • Better Essays

    Lessons Learned

    • 2091 Words
    • 9 Pages

    There are five competitive strategies that companies employ to enable a competitive advantage over rival firms. According to Thompson, “A company’s competitive strategy deals exclusively with the specifics of management’s game plan for competing successfully—how it intends to please customers, offensive and defensive moves to counter maneuvers of…

    • 2091 Words
    • 9 Pages
    Better Essays
  • Better Essays

    References: Lu, Z., & Chiang, D. (2003). Strategic issues faced by Ontario hotels. International Journal of Contemporary Hospitality Management, 15(6), 343-345. Retrieved from http://search.proquest.com/docview/228384815?accountid=35796…

    • 1318 Words
    • 6 Pages
    Better Essays
  • Satisfactory Essays

    Competitive strategy: The company follows the competitive strategy called focus (differentiation) because they sell to a particular segment only and not the whole industry. They are also selling a unique product. I have used this model because our book only mention three generic strategy and not all four that is in the original model made by…

    • 674 Words
    • 3 Pages
    Satisfactory Essays
  • Powerful Essays

    This paper is designed for exploring the reasons for the success of Four Seasons Hotels and Resorts in Paris (Four Seasons). Four Seasons Hotels and Resorts is Canadian based international leading operator of midsized luxury hotels. Four Seasons has enabled guests to maximize the value of their time with providing high-quality and truly personalized service. Four Seasons was able to succeed with their unique strategy of dealing with cultural differences, unique corporate culture, and strategy of human resources. In 1961, Isadore Sharp found Four Seasons Hotel in Toronto with his intrinsic architect ability focusing solely on guests, and kept expanding in Toronto. Success in Toronto led him to expand internationally. In 1970, Sharp opened a new Hotel in London, England. Thorough 1980 to 1990, Four Seasons has expanded across the world from Asia to Middle East. In 1999, Four Seasons opened the Four Seasons Hotel George V Paris in France looking forward to serve best quality assistance to satisfy the customers who are traveling to Paris. Four Seasons had to overcome the cultural differences. A senior Four Seasons manager describes “Europe is different from North America, and Paris is very different.” Despite the hardships from cultural differences, Four Seasons prevailed over international competitors. Four Seasons was able to successfully open Four Seasons Hotel George V Paris, and has been successfully maintaining the top quality.…

    • 2694 Words
    • 11 Pages
    Powerful Essays
  • Good Essays

    Competitive strategy is therefore grounded in performing activities differently. To achieve a great strategy a company must select activities uniquely different from competitors in order to deliver exclusive value to them. This is known as strategic positioning and can be done in 3 main ways:…

    • 580 Words
    • 3 Pages
    Good Essays
  • Good Essays

    Comp Strategy

    • 2756 Words
    • 12 Pages

    Specific efforts to please customers Offensive and defensive moves to counter maneuvers of rivals Responses to prevailing market conditions Initiatives to strengthen its market position…

    • 2756 Words
    • 12 Pages
    Good Essays
  • Powerful Essays

    Shangri-La Case Study

    • 2900 Words
    • 12 Pages

    Shangri-La Hotels and Resorts is a deluxe Asian hotel chain and was founded in 1971 in Singapore by the Malaysian-Chinese tycoon Robert Kuok. The name Shangri-La means “eternal youth, peace and tranquility” and embodied the serenity and service for which the hotel chain was renowned throughout the world. As of 2006, Shangri-La had four main business segments: hotel ownership and operations, property development including commercial buildings and serviced apartments, hotel management services to group-owned and third-party hotels and spas. The company has three major issues at hand: (1) the company was expanding into high-wage economies in Europe and North America; (2) the company was expanding its presence in China-a country where front-line employees were not used to exercising decision-making authority; and (3) newcomers in the Chinese hotel market were poaching Shangri-La’s staff and driving up wages in historically low wage markets.…

    • 2900 Words
    • 12 Pages
    Powerful Essays
  • Powerful Essays

    Shangri-La Hotels and Resorts, as one of the most distinguished brands in the hotel industry worldwide, has earned its reputation with its dedication to high quality service. In spite of enjoying some appreciable profits and rapid development of the scale of the company in the early 1990s, there was no common core value among all the hotels. It was this concern that led to the introduction of the "Shangri-La 2000" strategic plan. In this essay, the changes in the company brought about by the plan will first be discussed, then the existence and cause of subcultures as well as the ideal way to manage these subcultures will be analyzed. The essay will end with suggestions on how the Kowloon Shangri-La hotel could succeed in becoming the dominant force in Hong Kong.…

    • 4795 Words
    • 20 Pages
    Powerful Essays
  • Powerful Essays

    Along with the arrival of knowledge-based economy and China joining into WTO, Chinese traditional hotels ' organization and function, management ideas and philosophy, and services are facing…

    • 12645 Words
    • 51 Pages
    Powerful Essays
  • Satisfactory Essays

    The industry that I chose is Hotel Industry and the company that I selected is Shangri La Hotel and resort. Shangri-La Hotels and Resorts is a Hong Kong-based company. Their website: http://www.shangri-la.com/. Shangri-La is a differentiated marketing hotel. The company offers different branding hotels to meet different niche groups of customer expectations with a unique Asian hospitality services model such as spa branding hotel and trader hotel.…

    • 278 Words
    • 2 Pages
    Satisfactory Essays

Related Topics