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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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