OpenKey US Q&A
Cost Questions:
1.What is Openkey US’s detailed product costs(Cost, profit margin, service charges, maintenance cost, future improvement, etc)? Please provide a specific case based on past cooperation with other hotels.
2.How much initial investment is needed for OpenKey China based on past OpenKey US’s projects?
Marketing Questions:
1.Currently, how many major competitors in the US? What is OpenKey US’s current competitive advantage compare to other similar products?
2.What are OpenKey US’s current effective marketing and promotional strategies?
3.How much market share does OpenKey US control in this particular industry? What stage is OpenKey US on as to company plan and goal.
Technical Questions:
1.How well does OpenKey US’s
With this analysis, we will be familiar with the competitive forces that could significantly impact the success of this product. By analyzing these threats, we will be able to create more accurate planning strategies.
Threat from New Entrants There are currently no new threats from new entrants in this market. Company G’s technology, testing and production process that is very efficient for profitability cannot be easily replicated.
Threat from New Entrants As you discover what this is, discuss the possible threat from new companies entering the market. Also consider how the Internet impacts this.
industry covers services and platforms with a vast variety of focal markets. The portion of the
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Initial Capital Requirements: - Huge initial development period and very high investment costs, tooling costs, and WIP are necessary even before the company starts
Marriott is renowned for its elegant and comfortable hotels and resorts. The company caters to a targeted customer base, ranging from the frequent corporate business traveler to the family enjoying their occasional weekend get-away. Marriott has continued its rise in the lodging, contract services, and restaurant industries. The company continuously strives to meet the needs and wants of its customers while strategically maneuvering the rigors of today’s competitive and ever-evolving market of glamorous destinations and convenient services. In order to remain relevant in a highly-competitive environment, Marriott must strike that successful balance of minimizing costs, and gaining and effectively
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|the industry and its challenges it is important to understand its various phases of growth so far. |