Conjoint Analysis for Forte Hotel
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Transcript of Conjoint Analysis for Forte Hotel
TEAM MEMBERS: MARTIN HUSAK I984000102
ELIZABETH TSAI M984610011PEFFY CHENG M984610008
QUYNH ANH LEE M
Conjoint analysis for Forte Hotel
Team mission
Build a successful, independent and strong hotel chain in United States
Apply and modify strategy from Europe hotel chain
Create a new product, increase market share, profit
Customer analysis
ROOM EXTRAS BUS_amen Leisure Rest_del
Sm_suit 18
Shoe_shine 4
www 0
Exer_room 0
Yes 9
Lg_room 0
Tape_lib 0
Sp_phone 26
Pool 3
No 9
Rm_office 4
Ft+cheese 42
Room_fax 12
Both 5
xxxxxxx
xxxxx Newspaper 21
xxxxx xxxxx xxxxxxx
Approach
Target market: business traveler
Segment : United States market, luxury hotel for business people
Position: Quality, convenience, safety, good work environment
Cost room A
Incremental fixed cost per room at the time of construction
Average expected incremental contribution per day per room
Sp_phone $200 $2.00
Pool+excercise room $3500 $-4.50
FT+cheese $100 $-5.00
Restaurant delivery $100 $-3.00
Total $3900 $-10.5
Cost room B
Incremental fixed cost per room at the time of construction
Average expected incremental contribution per day per room
Sp_phone $200 $2.00
Excercise room $1500 $-2.00
FT+cheese $100 $-5.00
Restaurant delivery $100 $-3.00
Total $2900 $-8
Limitations
Limited number of answers ( small data database)
Not sufficient customer data (gender, age, income)
Limited number of questions, possibilities
Conclusion
Strategy: market follower ( 2nd place)
New product design:
sm_suit, sp_phone, pool+excercise room,
FT+cheese, res_delivery
15% market share- meet BEP 26-31 month