Shangri-La is a fictional place described in the 1933 novel Lost Horizon by British author James Hilton. Hilton describes Shangri-La as a mystical‚ harmonious valley‚ gently guided from a lamasery‚ enclosed in the western end of the Kunlun Mountains. Shangri-La has become synonymous with any earthly paradise but particularly a mythical Himalayan utopia — a permanently happy land‚ isolated from the outside world. In the novel Lost Horizon‚ the people who live at Shangri-La are almost immortal‚ living
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Strategic Analysis of Shangri-la I. Introduction The hospitality industry constitutes an economic sector with the fastest growth worldwide. At present‚ the industry continues to receive recognition as a profitable and progressive industry. The hospitality industry offers diverse opportunities for employees and varied services and features to customers. This means that overall industry actual and potential provisions are unlimited‚ which accounts for continuous shifts or adjustments contributing
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Shangri-La Hotels 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
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List of table Table 1 17 Executive summary This report mainly focus on the current market situation of Shangri-la Hotel Company‚ providing evaluations and recommendations for marketers of the company to get more involved in the hotels in the Chinese market. A brief introduction of the background of Shangri-la is included‚ as well as the market and product category which Shangri-la exists.
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Promotional mix It is helpful to define the five main elements of the promotional mix before considering their strengths and limitations. Advertising Advertising is any paid form of non-personal communication of ideas or products in the "prime media": i.e. television‚ newspapers‚ magazines‚ billboard posters‚ radio‚ cinema etc. Advertising is intended to persuade and to inform. The two basic aspects of advertising are the message (what you want your communication to say) and the medium (how you
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1. What are the key elements of Shangri-La Hotel’s strategy? Which of the five generic competitive strategies described in Chapter 5 is the company employing? What is Shangri-La’s strategy for competing internationally? Firstly‚ the elements involved in a company’s strategy can be separated into two categories: internal and external ones. Based on our research‚ we believe that the key elements that in Shangri-La’s strategy are the internal ones that include management‚ organisation culture‚ employee
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Promotion mix is the combination of advertising‚ sales promotion‚ public relations‚ personal selling and direct marketing tools that a company uses to communicate value and build relationships (Kotler & Armstrong‚ 2008). A balanced mix of these aspects is needed to build and maintain profitable customer relationships. Advertising is‚ “and paid form of nonpersonal presentation and promotion of ideas‚ goods or services by an identified sponsor” (Kotler & Armstrong‚ 2008). For example advertising includes
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Name: Frank (Lai Junyu) ID number: 22483829 Word Count: Summary This minor assignment is going to introduce the situation and history of a international hotel from China‚ Shangri-la hotel‚ which is one of the best and luxury hotel in Asia. Merely mention how the whole hotel market environment influence Shangri-la hotel. How do they compete with their major competitors? How do they segment their market and what is their target market how do they form their strategies by these major market to
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$150million cost through Singapore Tourism Board (The Straits Times‚ 2007). With such encouragement from the government‚ Shangri-La has not much to fear‚ especially in a politically stable country such as Singapore. In such a well-governed country‚ there has never been demonstrations of displeasure or anything interruption of businesses. With peace and prosperity‚ not only Shangri-La‚ but the industry will enjoy the fruits of the growth in tourism supported by the government. Economical As the
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Exploring Creative Product Promotion Here is some additional information to help you with your assignment work. This first part on Place is hopefully a reminder! Marketing Mix - Place What determines where a business should locate? * There must be customers passing or easily attracted to the place. * There must be affordable business premises available for rent or to buy. * No competitors nearby. * Permission must be granted. All restaurants and shops need permission to operate
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