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Literature Review On Luxury Hotel

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Introduction - Literature Review

Luxury Hotels
It is hard to give a single universal definition for a luxury hotel for the simple reason that it is even harder to first explain what exactly is entailed in the word luxury (Danziger, 2005). Kapferer (1997) presented the semiotics of the word “luxury” as “ Luxury defines beauty; it is art applied to functional items,” which emphasise that luxury products as an art form brings more psychological satisfaction, like esteem on the owner, than functional utility.

Barbara Talbott (2004), Ex. Chief Marketing Officer of Four Seasons Hotels, said that there are four key factors that contribute to a luxury hotel experience; style, comfort, service, and pampering. In this way any hotel, either chained …show more content…

“We share a passion for luxury and setting standards for service excellence and we look forward to being part of the next chapter in the history of this palace, and to welcoming guests this spring at the Grand-Hôtel du Cap-Ferrat, A Four Seasons Hotel.” (World Property Journal- 27th April )

Encountered obstacles :

The Grand-Hotel du cap-ferrat is an a 100 years old luxury brand which cares its own value and perception in their customers mind. While Four Season being a different luxury company it has its own values and principle with it. The main obstacle will be finding the common aspect between the two companies and grow as one brand without destroying any values or perception. There are various threat to the company, an inability to cope up with the modern development, maintain the service quality and standards. Four Seasons have to stick to the roots and grow a new tree while carrying the old and new values.
There are opportunities to acquire loyal clients as a result of worth-of-mouth, by better improving business performance, understanding and listening to the voice of consumer the company can expand its business coverages through excellent management and marketing activities.
Value Chain …show more content…

They should understand the needs of their clients and this is why Four Seasons need to identify services portfolio that caters to their target markets. This leads by the want to change the hotel standards and to accomplish service advantages. Profitability and efficiency can be emphasized by finding opportunities by keeping in mind the customers and hotel service in the market. In fact there is rareness and a risk involved in combining the old hotels and standards of big hotels. Four Seasons believes and commits at hiring the persons who can achieve the goals of the assembly. This type of environment can lead to the excellence of service and get good rewards. Being effective on improving the quality of service and focusing on key areas is the main concern. People values are consequently looked over through the hiring initiative that invests on the attitude and character. This helps in the creation of a right attitude and character which will lead Four Season to its

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