Study – Rosewood Hotels Due Week 2 and worth 90 points Preparation: o Review the Rosewood Hotels & Resorts case study. o Visit the online Customer Lifetime Value Calculator and go through each tab in the tool and spend time studying how some of the variables and assumptions affect the results in the Sample Problem. Write a 2-3 page paper in which you: o Discuss the pros and cons of the Rosewood Hotels moving from individual brands to a corporate brand. (Feel
Premium Brand Brand management Branding
Executive Summary “Rosewood Hotels and Resorts” is considering a branding strategy to drive growth. The President & CEO‚ John Scott as well as the VP of marketing and sales‚ Robert Boulogne are considering 2 options; namely * Carry out corporate branding effort to create an umbrella brand‚ linking all of their individual properties and increasing cross sales and retention rate * Introduce a reward system to encourage customers of one location to visit other Rosewood properties. The
Premium Branding Brand management Brand
Rosewood Hotels & Resorts‚ L.L.C‚ was established in 1979 by the Caroline Rose Hunt Trust Estate. This collection of high end luxury hotels has up to 2004 implemented an individual brand/collection brand strategy built around the “sense of place” concept. This concept tailors their hotels to capture the local architecture‚ history and culture‚ differentiating them from corporate branded hotels. Despite Rosewood’s performance of having the highest average per room daily room rate and revenue‚ and
Premium Marketing Brand Brand management
Rosewood Hotels Case Analysis A private hotel management company‚ Rosewood Hotels Resorts with iconic luxury hotels such as The Mansion on Turtle Creek in Dallas and The Carlyle in New York was a muted brand‚ not into advertising and known mainly to hotel professionals. John Scott‚ the company’s new president and CEO‚ & Robert Boulogne‚ vice-president of sales and marketing were considering a new brand strategy in order to establish ‘Rosewood’ as a true brand and to encourage guests who stayed
Premium
1. Why is Rosewood considering a new brand strategy? (12 points) The reason Rosewood is rebranding is so that they can get the same competitive advantage that their competitors are getting from repeat business. According to Exhibits 4 and 5 of the case study‚ their competitors are currently enjoying higher occupancy and growth rates—even competitors like OrientExpress‚ who were operating within a similar business model. Rosewood’s brand awareness was low‚ known mainly to those within the hospitality
Premium Marketing Hotel Brand
Rosewood Case 1. Make an overview of the pros and cons of the tow different branding strategies (i.e.‚ individual branding and corporate branding) 1) Individual branding: - Each hotel and resort featured architectural details‚ interiors and culinary concepts that reflected local character and culture and defined Rosewood’s ‘Sense of a Place’ (each of the properties seeks to capture what is unique about the given location). - Some degree of flexibility and creativity
Premium Brand management Brand Net present value
The following report will describe and analyze the case of a private hotel management company called “Rosewood Hotels and Resorts”. Rosewood hotels have 12 distinctive hotels worldwide with a strong brand image that makes each property unique. The dilemma found in this case is whether to keep the current individual branding strategy or create a corporate branding strategy‚ without undercutting the distinctiveness of each hotel. To do so the following points will be covered: Recommendation on
Premium Brand management Branding Brand
Hilton Worldwide Provide a brief overview of the brand including an overview of its parent company (if applicable)‚ age of the brand and a brief history‚ number of properties‚ average number rooms per property‚ an overview of the brand hallmarks‚ an overview of the guest loyalty program‚ and most recent hotel brand performance metrics (i.e.‚ annual ADR‚ Occ %‚ RevPAR‚ and competitive market metrics). Formerly known as Hilton Hotels Corporation‚ Hilton Worldwide is a globally renowned hospitality
Premium Hilton Worldwide Hotel
| |Date of Submission: |April 2013 | |Title of Assignment: |A Major Hotel Brand | CERTIFICATION OF AUTHORSHIP: I certify that I am the author of this paper and that any assistance I received in its preparation is fully acknowledged and disclosed in this paper
Premium Hilton Worldwide Hotel chains Hotel
Marketing 741 SECTION 1 Executive Summary Rosewood is battling with a ‘brand identity’ crisis. While it has maintained a low-key brand image till date (by adopting the individual brand strategy)‚ the potential of a ‘corporate brand recognition’ in a long run seems alluring. Based on the customer life time value analysis‚ customer perception analysis‚ and after analyzing customer needs‚ we recommend the following: 1. Rosewood should adopt the corporate brand strategy through a ‘smooth transition’- start
Premium Brand Brand management Branding