In the basic life cycle of a product or service there a system of organizations, persons, activities, information and resources that takes part in the transition of a product or service from the supplier to the consumer. A discount is a reduction in the basic price of a product or service. It is an establishment offers both goods and services this means hotel discounts are a popular thing.
For an establishment that offers meals, lodging and guest services to be considered as a hotel it has to meet certain set regulations. This are, it should have a minimum of six bedrooms available for letting and three of those should have in built bathroom facilities. It should also have a restaurant section where food is served to these occupants and other members of the public.
A hotel, offering both goods and services may offer price reductions for various reasons. One of the reasons is to clear out of date stock. This is because the hotels purchase most products in high amounts, they might go bad and this is not good for business, for this reason they can offer a discount which will cause an increase in the number of people coming in the hotel. By doing this they avoid losses and make a large number of sales.
It may offer discounts to introduce a new product they just launched it may be a new dish or a swimming pool or new accommodation. This means that many people will get to try it and give Valuable feedback. This will also cause more and more people to come in since many people are talking about it.
They may want to reward their valuable customers, remember that this are people who mean most to the establishment the management would not like to lose this group of people. They contribute directly to the returns made by the hotel. This discounts come in different ways, they may even be tailored to suit this group of people specifically.
One that just opened in a new area may offer discounts to lure customers this is a very common practice in this industry done by not only hotels but also new businesses. It takes advantage of the nature of human beings to go for the cheaper option in this case of a new business, the management decides what kind of discount shall be imposed and for what amount of time. They do this in the aim of getting customers in their new space.
When new management is taking over. They will be inclined to show the customers that they are going to bring changes and maybe increase the quality of services. They might offer a discount to mark a new beginning, bring in more customers and hopefully keep them.
During the festive seasons everybody wants to check into a hotel and have a good time. During this period there are a lot of clients and the competition is too high. You might offer a discount to give customers a reason to choose you above all.
For an establishment that offers meals, lodging and guest services to be considered as a hotel it has to meet certain set regulations. This are, it should have a minimum of six bedrooms available for letting and three of those should have in built bathroom facilities. It should also have a restaurant section where food is served to these occupants and other members of the public.
A hotel, offering both goods and services may offer price reductions for various reasons. One of the reasons is to clear out of date stock. This is because the hotels purchase most products in high amounts, they might go bad and this is not good for business, for this reason they can offer a discount which will cause an increase in the number of people coming in the hotel. By doing this they avoid losses and make a large number of sales.
It may offer discounts to introduce a new product they just launched it may be a new dish or a swimming pool or new accommodation. This means that many people will get to try it and give Valuable feedback. This will also cause more and more people to come in since many people are talking about it.
They may want to reward their valuable customers, remember that this are people who mean most to the establishment the management would not like to lose this group of people. They contribute directly to the returns made by the hotel. This discounts come in different ways, they may even be tailored to suit this group of people specifically.
One that just opened in a new area may offer discounts to lure customers this is a very common practice in this industry done by not only hotels but also new businesses. It takes advantage of the nature of human beings to go for the cheaper option in this case of a new business, the management decides what kind of discount shall be imposed and for what amount of time. They do this in the aim of getting customers in their new space.
When new management is taking over. They will be inclined to show the customers that they are going to bring changes and maybe increase the quality of services. They might offer a discount to mark a new beginning, bring in more customers and hopefully keep them.
During the festive seasons everybody wants to check into a hotel and have a good time. During this period there are a lot of clients and the competition is too high. You might offer a discount to give customers a reason to choose you above all.
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