PPP Business Plan 09 03
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marketing plan<br />
P. Suites<br />
In light of the above, the Suites and attached Average Daily Rate (ADR) offered by P will be the following:<br />
- Garden Suite<br />
ADR: €18,000<br />
- Ambassador Suite:<br />
ADR: € 18,000<br />
- Executive Suite:<br />
ADR: €7,500<br />
Please note that the above ADRs have been computed by multiplying the average €/sq. m. of the 46 suites listed in TABLE<br />
A (above) against the sq. m. of each suite.<br />
Competitive Advantages<br />
Lower Management Cost compared to a Hotel<br />
Due to it’s unique structure, the management cost is dramatically reduced while the personnel/guest ratio is significantly<br />
higher. This will automatically convert in greater customer satisfaction and higher operating income due to lower operating<br />
costs (please see Financial <strong>Plan</strong> for further information).<br />
Tailored Services<br />
Due to the high personnel/guest ratio each guest will benefit from tailored services to fit their needs or requirements. Since<br />
no two guests are the same as the next, we recognize the importance of identifying, before the guest arrives, what their<br />
needs and likes are. By doing so, the Management will consistently “beat” its competition which is incapable, due to the<br />
large number of clients it must serve, of being able to provide this tailored attention.<br />
Due to the great degree of exclusivity, the business behind selling the P suites (as listed above) is largely driven by referrals<br />
and repeat business.<br />
Booking Company at a prestigious LA location<br />
P’s marketing strategy for customer acquisition will be largely based on the establishment of a representative office in a<br />
prestigious location within the greater city of Los Angeles, due to its it’s close proximity to the film industry.<br />
This office will be responsible for the word-of-mouth referrals and bookings among Target Guests with a specific effort at<br />
creating an awareness among a specific sphere of society to build referrals. This will be done also through specific sponsored<br />
social gatherings, events and cocktail parties organized by the Ambassador where potential guests may socialize with<br />
other Potential guests may socialize with other Potential Target Guests and in turn build the aforementioned word-ofmouth<br />
referrals.<br />
P will also consider developing a specific webpage and social network status.<br />
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