Case Study: Hotel Chain Brand Differentiation - How major companies are using an array of brands to appeal to all
Most major hotel companies own and operate a range of brands aimed at an array of different consumer types. Through offering different brands, these companies can ensure they appeal to everyone, but this multi-brand strategy is not without potential pitfalls.
Companies can differentiate their brands by age, budget, and type of traveller. Accor Hotels operates through 32 brands, Marriott owns a total of 30, Hilton has 16 brands, while Best Western and Intercontinental Hotel Group (IHG) have 13 each. Some operate brands ranging from budget to luxury, but some operators, such as Four Seasons, still prefer to focus on a specific section of the market.
Marketing to millennials and luxury travelers are the main trends but Millennial marketing can be difficult as they are a diverse generation with very different needs. Hotel chains risk losing their main brand identity through this strategy and branding needs to be clear to ensure consumers know what to expect from their stay.
Hotel Chain Brand Differentiation - How major companies are using an array of brands to appeal to all, looks at the multi-brand strategy employed by the world's leading hotel chains. It offers an insight into the key reasons behind this strategy, who the hotels are looking to attract and how successful the tactic is proving.
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