Rosewood

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Rosewood hotels & resorts Mayuri Srivast ava JCASC

Transcript of Rosewood

Page 1: Rosewood

Rosewood hotels & resorts

Mayuri SrivastavaJCASC

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Introduction Rosewood Hotels & Resorts is an international luxury

hotel and resort company sought to build a

global reputation.

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Rosewood had a low brand equity and

brand awareness in the market

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Why Rosewood had a low

brand equity in the

market ?

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Negative impact of brand strategy

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Rosewood did not had a strong brand strategy

because of which people were mostly

unaware of this brand.

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Many new brand strategies were

opted by Rosewood’s

executives to build customer lifetime value.

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Caroline Rose Hunt

Over 25 years ago Caroline hunt opened

the first Rosewood Hotel

The Mansion He hocused on

creating an ambience of elegance , great

personal services and attention to detail

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Philip MaritzHe believed that individual branding substantially limits the market and he

focused on luxury

hospitality.

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John ScottJohn Scott had focused on

making Rosewood better than Aman- Resorts(a famous luxury Hotel

management Company) to pursue growth

opportunities and refining its luxury

standard

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Robert Boulogne

He focused on all aspects of marketing ,

public relations and advertising

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James McBride James McBride said

that there was a requirement to go

toward a more visible Rosewood brand.

He tried to reposition this brand landmark

Hotel owners.

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Rosewood’s Operatating Profile 2001-2003

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Rosewood’s competition

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Rosewood’s operational statistics

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Why should these

strategies be opted by

Rosewood Hotels & Resorts?

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Why should the Brand Strategy be changed?

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Changing of the brand strategies may help Rosewood in many ways, those are:

• Growth & expansion• Brand Equity• Brand positioning• Brand awareness• Profit making

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Why the Brand Strategy should not be changed?

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|] Changing of brand strategy can even have a negative impact:

• Unexpected losses • Risk of negative Brand equity• Risk of Goodwill• Risk from new entrants

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Actions take by Rosewood

Rosewood realized that a branding decision has

to be made to clarify company’s future and it

further worked on it which helped the brand to

expand more.

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Recap• Why Rosewood had a low brand equity in the

market ? • Many new brand strategies were opted by

Rosewood’s executives to build customer lifetime value.

• Why should these strategies be opted by Rosewood Hotels & Resorts?

• Why should the Brand Strategy be changed?• Why the Brand Strategy should not be changed?

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