Initial Report: Hotel Fortune Murali Park, VIJAYAWADA
Initial Report: Hotel Fortune Murali Park, VIJAYAWADA
Initial Report: Hotel Fortune Murali Park, VIJAYAWADA
Strengths:
Promoters:
Highly experienced and financially sound professionals are
promoting the centre.
Technical competency:
FMP is a reputed firm and can deal with business matters, both
domestic and foreign. The main strength is proneness’ and reliability
in market circles.
Weaknesses:
Opportunities:
Price Competition:
New players will be at disadvantage to compete with established
trade centres. Competition from existing centres is a serious threat.
Competitors:
ENVIRONMENT:
2. Embrace Recycling
Another huge impact the hospitality industry has on the
environment is due to the amount of waste hotels create. It's
time to embrace recycling, and we're not just talking about
using cloth napkins instead of paper.
4. Start Composting
An increasing number of hotels are realising the benefits of
composting food waste rather than throwing it out. Not only is
it a popular and well-known green initiative that will impress
your guests, it can save your hotel money on landscaping
since composted waste can be used as organic fertiliser.
5. Save Water
There are so many ways hotels can save water: Installing
toilet tank fill diverters in older toilets can save about 3/4 of a
gallon of water per flush. Transitioning to low water laundry
machines can save up to 80% of hotel water usage. Making
water stations available to guests can discourage the use of
bottled water. Follow the examples from other hotels that
have implemented water-saving initiatives.
TECHNOLOGY:
Due to great increase in technology, hotel industry also aced
in using the amount of technology into it.
Through technology, hotels can do promotional activities
through social media if they are new in the market.
Hotels can do online bookings of the customers through
various apps so that the customer needn’t worry about the
vacancy in the hotels.
They also provide meeting facilities for business/board
meetings which require technology in the first place.