Wednesday, June 12, 2019
Analysis of Indian hotel industry and Hotel Blueberry international Research Paper
Analysis of Indian hotel industry and Hotel Blueberry international - Research root ExampleIn terms of five star high standard hotels, there is limited competition among the suppliers as there are limited substitutes of health spa and other five-star hotel services. On the other hand, the two star and three-star hotels have several options of suppliers who used to provide services in low cost. Therefore, it is feasible that scourge of suppliers negotiate power is moderate for Hotel Blueberry International.Buyers PowerThe metro cities and developing towns of India are very much competitive for the two and three-star hotel industry. Blueberry is ingress in this kind of market segment. The target market will be very much price-sensitive and hence the newly developed hotel has to face high bargain power of customers.Threat of SubstituteIn India, the substitute of low-cost two and three-star hotels are several guest house, motels and dormitories. If price-sensitive people find that the price of hotel room darkness crossing their budget then they can switch to those substitutes. Therefore, it can be feasible that the threat of substitute is moderate for Hotel Blueberry International. Several international hotel set up are entering in India and are binder up with the Indian hotels in order to reduce the initial cost. Moreover, high brand image and customer brand loyalty of The TAJ, HHI, Leela Palace and ITC will operate the thing difficult for the new entrants who are thinking to enter in this competitive industry. Therefore, it is feasible that threat of new entrants for Hotel Blueberry International is high. ... If price-sensitive people find that the price of hotel room night crossing their budget then they can switch to those substitutes. Therefore, it can be feasible that the threat of substitute is moderate for Hotel Blueberry International. Threat of New Entrants Several international hotel chains are entering in India and are tying up with the India n hotels in order to reduce the initial cost. Moreover, high brand image and customer brand loyalty of The TAJ, HHI, Leela Palace and ITC will make the thing difficult for the new entrants who are thinking to enter in this competitive industry. Therefore, it is feasible that threat of new entrants for Hotel Blueberry International is high. Industry competition Indian low cost hotel industry is full of several potential two and three star hotels. Moreover, day-by-day due to economic slowdown and price hitch up in several products has made the people very much price sensitive. Therefore, it is feasible that threat of industry rivalry is high for the Hotel Blueberry International. General environment The general environment analysis will determine the impacts of external environmental factors on the Indian hotel industry. Political Several environment related regulations has restricted the bloodline operation of this industry in India. Several difficulties in getting travel visas t o India can affect the industry. Moreover, several terrorist activities and political dilemmas may create a proscribe impact on Indian hotel industry. Economical India is economically developing region and the Indian hotel industry is contributing a major role on the countrys GDP growth. Tourism and Hospitality sector of India is very much potential business sector. India was among those few countries that have
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