Story Hotel in Stockholm- ----- SWOT analysis and competitive advantage - Research Paper Example

Only on StudentShare

Extract of sample
Story Hotel in Stockholm- ----- SWOT analysis and competitive advantage

Its original and colorful website reflects what the hotel’s concept is. They encourage the customers to visit their online page to have a better look of great packages that the hotel offers. This is a very good strategy since their website has the information about what the client wants. This is an innovative concept that is highly advantageous. It is very visible on Google, which makes it available for exploration by new customers.
Story Hotel, however, has some weaknesses. First, its location, which is not centrally placed compared to other hotels such as the Omena hotel is a weak point. This location makes them lose business to its competitors since the hotels centrally located are able to get clients from the main offices. This might push away customers since most clients prefer a centrally located area, close to social amenities and affordable at the same time. The hotel lacks luxury facilities such as spa, space for conferences, and room service. Despite its good looking, cool, and creative website, Story Hotel website lacks the question and answer tab, which is useful to potential customers who are not quite familiar with the hotel.
However, Story Hotel has notable opportunities. They already have a positive brand attitude created to their customers. This could be made completely to their advantage by providing a spa, conference facilities, and a room service for their customers. This will give them a competitive edge above their competition. Rooms should be available on their online service that is already successful.
The threats to the success of the Story Hotel are the high competition for guests by their competition who offers lower prices. The food offered needs to be better always for them to maintain their high number of customers. The management needs to find another concept that will give them competitive advantage. This will make the price offered by Story Hotel a differentiation strategy since all the services will be first of ...Show more

Summary

It is a hub for business, entertainment, and nightlife. At lunch hours the bar and restaurant turns into a café and offers a wide variety of healthy food. This is popular among the professionals…
Author : jordan91
Save Your Time for More Important Things
Let us write or edit the research paper on your topic
"Story Hotel in Stockholm- ----- SWOT analysis and competitive advantage"
with a personal 20% discount.
Grab the best paper

Related Essays

SWOT Analysis - NYLB.
The New York Liquidation Bureau known as the NYLB is a unique entity which does not receives any fund from the taxpayers but carriers out the functions of Superintendent of financial services as a receiver and discharges his statutory duties in order to take care of the interest of the creditors and policyholders of those insurance companies which have been declared insolvent and impaired.
12 pages (3000 words) Research Paper
Managing Value for Competitive Advantage Company Analysis
The business environment has undergone tremendous transformation over the last few years. There has been a fundamental shift from just concentrating on economic profitability to a business mode. The key to competitive advantage is through value creation and addition to the offerings to the stakeholders.
12 pages (3000 words) Essay
Developing Competitive Advantage
The integration of processes and sharing of relevant information between partners has largely been due to the presence of e-commerce which is a relatively new trend in the market place (Clark & Lee 2000, p. 102). The automation of business practices and the electronic integration of data by various businesses stemming from the need to be more transparent in the conduction of various activities has also largely affected the way that customers are relating with the firms that produce goods that they need.
6 pages (1500 words) Essay
Blue print and Distribution of Story Hotel in Stockholm
In service blueprinting, there is a clear distinction in visibility that divides the front office and the clients. With its location on the city’s centre, Story hotel has its premises close to other most visited places in Stockholm including. The management of the hotel aims at giving the best services to people travelling, for leisure or the business class in the city.
4 pages (1000 words) Research Paper
Story hotel --- distribution channels
The Hotel engages in strategic marketing strategies that are designed to attract the attention of various levels of clientele. Strategic segmentation ensures that various forms of information are delivered to the clientele in good time for the purpose of reducing the amount of time that it would require for the targeted clientele to engage manual systems in search of the right kind of information about the hotel.
3 pages (750 words) Research Paper
INDUSTRIYAL ANALYSIS-SWOT ANALYSIS-COMPETITIVE ANALYSIS
In the year 1946, an average American would attend 28 films in a year and today the number has lowered to six. Meanwhile, consumers have been increasingly spending in diverse movie related technologies and utilizing the ‘on demand’ view of
4 pages (1000 words) Research Paper
Find out how much would it cost
to get a custom paper written by a pro under your requirements!
Win a special DISCOUNT!
Put in your e-mail and click the button with your lucky finger
Your email
YOUR PRIZE:
Apply my DISCOUNT