Explore luxurious facilities offered by Hilton Kuala Lumpur
Hilton, Kuala Lumpur is a five-star business hotel, which is located at Jalan Stelen Sentral, Malaysia. It is one of the parts of the hotel chain as Hilton hotel and resorts. This particular hotel is under number 43, one of the tallest constructions in Malaysia (Anon, 2009). The opening of this hotel was in 2004, which has received more than 100 awards for its best business services. Moreover, it provides the customers and enhances customers’ experiences at their premises. Other than this, it also provides a high quality of services such as spa, gym, sauna and much more luxurious facilities to their customers. For all such performances of the various activities, they have also won the various awards at the global level for the quality of the services providing to their ultimate customers. By doing this they not only generate the customers’ loyalty but also targets the company reputation (Anon, 2014).
Hilton hotels having around 2400 hotels, resorts and vacation properties, which are designed worldwide. Moreover additional to the corporations’ competitive advantage is the design of different hotels that are themed based on the specific needs of the different market segment. Hence, the future of Hilton hotels is very dependent on the alliances with Hilton alliances, which will help in shaping the company’s growth. Other than this, Hilton hotels are also facing the pressing problems competing in the lodging industry, which comprise of the economic downturn, threats of terrorisms and lastly the natural disasters (Anon, 2015).
In the situational analysis, the market demographics profile of the customers of the Hilton highlights about the full swing services within the hotels, resort, urban, suburban areas are covered. Moreover, in demographic terms, Hilton major focus or we can say the vast majority to tap baby boomers generation whose age is 35 to 54 around. Moreover, mature travelers and family vacationers are also highly involved (Bray, Roger, 2009)
Behavioral factors of a Hilton is to understand the different specific groups of the clientele, who they are, what are their needs and preferences, from where they are coming, what are their likes and dislikes in order to promote the business based on their needs. Behavior varies from one another likewise, if we talk about the baby boomers generation they pay for the luxuries and convenience. Moreover, the mature travelers look for the Hilton as the business center, health club, and spa purposes and speed delivery of services. Lastly, the family vacationers seek hotels to cater to the different needs of each family member (Anon, 2013).
Discover market trends, growth and demographics of the Hilton Brand
The market needs are also one of the basic aspect, which Hilton considers by attracting the target audiences and providing the guest with a comprehensive and leading services. They also require the professional approach for getting their strategy right and moving with the changing needs of the market. In this, Hilton also focuses on a niche market and building their marketing efforts which help in improving the business with the lesser marketing efforts (Kotabe, & Helsen, 2014).
Market trends of Hilton highlight some major shifts and their performances and directions. Hilton had much progressed into the global business stimulated by the advanced technology, major brands. Additionally, the major trend that is emerging in the largest cities like New York, Los Angeles, Hong Kong, and Milan due to the increasing demand for the services (Bray, Roger, 2009)
Market growth of Hilton, highlights, that currently it was shown a strong occupancy at the landmark and is known for some of the best foods and the beverages offerings. Along with this, Hilton has extended its global expansion along with the acquisition of the Hilton international in early 2006. The company also focused on faster growth markets. On the other hand, Hilton is expecting a strong growth opportunity for brands such as garden in, and Homewood Suites. All this gives the confidence to the entire group to enter into new cities across Malaysia with partners (Alastair, 2018). Even it was observed that Malaysia and Southeast Asia are the key growth engines for the group and thus it was embarked on an aggressive growth path line with the country’s strong tourism outlook (Misbah, & Al Khuja, 2014). Hence, all these aspects observed from the tourism sector in Malaysia are predicted to experience positive growth (Abdul Hamid, 2011).
Strength · Strong brand awareness · Improving financial outlook · Strong cross-selling · Sales of properties · Strong business history experiences leadership · Positive brand equity through corporate responsibility · Varied variety of room chain scale · Successful loyalty programme · Brand acknowledgment · Interesting administration and item quality · Solid provider relationship |
Weaknesses · Poor recent performances · High level of Debt · Economic instability · Overdependence on the US market · Limited presence in the Asia Pacific region · Not much-developed network · The higher dependency of proprietors |
Opportunities · Increased technology usage · Brand and timeshare development growth · International expansion · Mid-level affordable section expansion · The games event across the world expanded Hilton’s deals · Relationship management |
Threat · Major competitors likewise, Global Hyatt Corporation, Marriott International Inc. · The threat of terrorism and political instability · Adverse changes in the macroeconomic climate · Changes in the taste and the preferences of the customers · The threat of new entrants · Increased salaries · Exceptional rivalry |
- Brand acknowledgment: The brand recognition of Hilton in a market in many countries across the globe is high and which has built a positive perception about the brand in the minds of the customers.
- Solid providers relationship: In Hilton, the relationship with the customers has extensively recorded the preferences of every customer and every time they diver the same set of preferences to the respective customers on their particular visits to it. Hence, this has created and helped the brand to establish and emotional bonding with its ultimate customers (S&P, 2019).
- Not much-developed network: The major drawback in the context of Hilton Malaysia is that they have-not enough networks to contend with the different lavish five-star inns working over.
- The higher dependency of proprietors: As Hilton does not claim the greater part of its lodging networks as they having a higher dependence on the other proprietors’ organizations (S&P, 2019).
- International expansion: The Hilton is one of the well-known brands which leads to the international expansion, highlights about how well the mange everything with are according to the needs and the preferences of the customers and finally leads to the expansion.
- The game’s events across the world expanded Hilton’s deals:This game is trendy in different parts of the world and collaborating with the right partners will help the business to establish good grounds in the market and increased the customers’ base (S&P, 2019).
- New entrants: In the hotels which are not well known are trying to collaborate and shaping their organization together with the global brands to work overseas and improve business profits.
- Exceptional rivalry: Competition is very high in the market and hence possesses a bigger challenge to the business in terms of revenue and customers base growth (S&P, 2019).
Since 1925, Conrad N Hilton founded the Hilton hotel and expanded its presence to 104 countries. It is one of the largest and the fastest growing hospitality brands in the world. Hilton hotel and resorts are mostly known for hospitality brands, which are achieved on the basis of luxury and service quality (Anon, 2017).
Hilton Malaysia objectives
Hilton Mission and objectives majorly focus on two of the aspects, which is related to hospitality and the high positive impact. Moreover, the main aim of this hospitality sector is to provide the best quality of services to the customers. A mission explains meaning opportunities for the team members, a higher value for owners and a positive impact over the communities. Other than this, their major focus is also on the corporate social responsibility aspect (Wearne, & Morrison, 2013).
Behavorial Factors and Market Needs
Other than this, annual report of 2016 highlights that their mission is to create or generate the most hospitable company in the world by generating the most heartfelt experiences of their guest and a meaningful opportunities for their team members, higher valuation for the owners of the company which has a positive impact over communities (Anon, 2018).
The major focus of Hilton, Malaysia is over certain strategic priorities like aligning the culture and the organization at a similar pace. Secondly, strengthening the brands and the commercial services platform, thirdly, Expansion over global footprints and lastly, maximizing the overall performances of the industry. Hilton Malaysia has also planned to expand its luxurious offerings with the opening of the canopy by Hilton by 2021 (Tan, 2018). By seeing the development in cluster marketing and communication strategies to meet the national objectives, Hilton also highlights by describing that Hilton is abundant opportunities and having a huge potential for growth as their main focus is to fill gaps with the right branding techniques, the right location at the right time (Anon, 2018)
The major marketing goals are to provide customers with the most satisfactory services and goods. The purpose behind the same is to find and to ensure that customers will visit them again and will see the customers’ feedbacks and will able to attract more of the customers’ by the process of word of mouth from the regular customers.
Hilton Malaysia is having excellent staffs that have a keen eye to innovation. They come up with the various innovative strategies, some of the innovation includes the modern rooms that ensure and satisfy the customers’ needs and wants. Moreover, innovative employees of the Hilton also reward and give opportunities to further improve and innovate through education in institutions that offer various hospitality courses and give them an opportunity to meet and exchange ideas Dadzie, et al, 2017).
Technology is indeed the most imperative which is running in every business sector. Hilton in which aspect takes many technologies inventions in order to remove overburden from their employees as well as making it easier for the customers for making bookings online, hiring most of the employees through the internet through this they save money and time while recruiting the new workers.
The operations of the business lead to expanding at a larger pace. Hilton as the hotel business at initial faced much risk, such risk that includes bad weather, political instability which major affects the reputation of the company as well as the market expansion and growth in comparison to the other hospitality brands (Edge prop, 2019).
Marketing Goals and Seven Ps of Marketing Mix Strategies
The seven P’s of marketing mix strategies highlights the product, price, place, promotion, physical evidence, process, and people. As Hilton having a strong network, which keeps on expanding its horizon and due to this they are at boom which results in the number of competitors in this particular field.
Hilton one of the well- known hotels and the resorts which offers the customers with the various services which include luxurious rooms, facilities, wedding facilities along with the banquet facilities, swimming pools, beverages and lots more. The core product deliveries of Hilton are different from the regular hotels, which are offered to the ultimate customers. Other is the supporting products, which are offered to the customers in order to have the best position within the market segment and to gain the desired competitive advantage over the other competitors.
Other than this, there are facilitating products, which helps the customers for consumption of the core products and facilitate products to the customers’ restaurants, bars, and reservation facilities online. Lastly, the augmented products which include the desired benefits such as membership discounts, exterior designs, health and relaxed atmosphere which improves the reliability and the quality of the offered products as well as the satisfaction of the ultimate customers. Hence, all these efforts help in improvising the good quality of services and the products that help in increasing the clienteles’ satisfaction (Bhasin, 2018).
In order to generate the desired growth of the hotel firm, the selection of a suitable place plays the most important role in evaluating the business process of the required restaurant. The selection of the place and the distribution channels should be attractive so that the larger number of customers can be attracted. It should also be convenient for the respective customers as it evaluates the expansion of the business methods towards the larger organization. Nowadays, the distributions of the services are done with the different social media platforms as the users of social media have increased by time.
Pricing strategies highlight the differentiation between the services offered by other companies within the target market segments. It is very important for Hilton to look for the desired pricing strategies along with the products services offered which helps in increasing the satisfaction of the ultimate customers. In Hilton concern, its provides the four-star and the five-star customer’s services with not just the sense to stay and dining but along with this, they also think and works with the sense of status and luxury (Woon, & Kahl, 2015).
Hilton, one of the well-known brands in the hospitality industry, for which they apply the various promotional activities to help the industry to differentiate themselves for the other hotel industry. In this, the promotional techniques, which Hilton Malaysia applies, are an exclusive membership given to the people. Even teams members and the entire staff also work over the marketing strategies to generate something new or unique towards the market indulgence. The best strategy in concern of promotional aspect is to keep track of the results of the strategies, which provides strong feedback. Hence, leads to the helping hand while making further strategies, which help in growing and improving the overall reputation and growth of the Hilton (Bhasin, 2018).
In people mix, it includes employees, shareholders, and the stakeholders, which helps in evaluating the overall growth of the organization. The target market and people are directly related to the business. If we highlight the customer’s concern, the loyal customers’ and the upcoming customers make it worldwide famous due to their satisfaction level they gain. Hence, to maintain loyalty for the upcoming customers the company should focus on maintaining their services by improving them, keeping update qualified staff and lastly maintaining the market image. The Hilton hotel and resorts fulfill all the above-mentioned characteristics as they have successfully served their customers and even their employees. Other than this, the strong base of Hilton is all set on the basis of running support desk, string customer services, proper allocation and organizing the different entrainment events for their customers (Pearce, Dent, & Video Education Australasia, 2009).
The process marketing mix highlights the system of the Hilton Group is considered as the best management of the hotel chains in the world of the Hotel industry. The application of innovative techniques helps in facilitating the enhancement of the work processes. In Hilton concern, it is noticed that the staff or the employees throughout the hotel industry deliver the considerate amount of services which not only satisfy the wants and the needs of the customers’ and the satisfaction of the clienteles but also improves the overall performances’ of the firm in the overall hotel industry. Moreover, Hilton applies the most reliable processes, which helps in maintaining its supply chain management, along with this; it also helps them in minimizing the operating cost. Moreover, by the proper flow of the distribution system and the service flow helps the Hilton in maximizing their revenues, which results from maintaining and leading the marketing positions (Hilton, 2019).
This particular marketing Mix highlights’ about the tangible and intangible resources, the tangible aspect highlights the brand presence, logos, luxurious rooms, interiors, and exteriors. Moreover, it also highlights about the documentation, files, brochures and the services all comes under the physical evidence of a hotel industry, which helps in evaluating the business process, which was priory set to win over the other competitors. Other than these physical resources such as digital communication and security systems, reveals about the documents that are used for the promotional activities related to products and the services provided (Bhasin, 2018).
Hence, the Hilton group in this context has tied up with many other hotel booking chains in order to increase the reach and evidence about the market. Lastly, Hilton is one of the famous hotel groups in which the manipulation of the customers demands by converting them into hospitality services. With the varied varieties of the location and the type of services, which Hilton provides to its ultimate customers’, carries a lot of weight in the market for the immersed reputation. Hence overall Hilton in its services, informing strategies and plying them to retain their customers to make them loyal towards them and attracting more of them helps in channelizing their reputation for the longer run.
In the implementation process, the company management should mobilize the relevant resources and a particular plan for actions that help in implementing the formulated strategies. For every business, a successful strategy implementation is very much crucial for the overall success of the organization. Everyone within the organization should be clear about the role and the responsibilities, duties towards the achievement of the shared vision. In case of Hilton, the company should decide to apply more of innovative technology that gives the real-time feedback and allows the clientele to make the required reservations within the shortest time (Hilton Kuala Lumpur, 2017).
In an implementation process, the company should focus on both the number of customer service staffs as well as should also invest in technology aspect in order to reduce or save the cost and enhance efficiency. Through the updated technology, the work will become easier and the sufficient training will be given to employees to access those technologies will generate more effective and efficient in overall work. Hence, all this helps in improving the performances of the hotel industry.
Moreover, the performance benchmarking also helps in improving the Hilton business with its competitors. As the focus of the Hilton is on developing the appropriate services standards, which are based on the clienteles needs, wants and expectations. The major focus should be on the quality, dependability, speed, flexibility and then the cost. Moreover, Hilton also having an opportunity to further utilizes its intellectual capital and generates sustainable competitive advantage (Hilton, 2018). Through this entire implementation, Hilton leads to the improved customer base, increased customer loyalty, increased customer share, differentiated customers (Edge prop, 2019). Not only has this they also implemented the certain valued Likewise, focusing on hospitality, Integrity, Leadership, teamwork, ownership and working on with the sense of urgency and discipline. Lastly, the development of operational strategies helps in driving the competitiveness of the hotel business, also understanding the resource capabilities of the firm and the departments. Moreover, the desired objectives should also consider the overall strategic mission and the objectives of the company (Cannon, 2017).
The last step of the business plan highlights the evaluation and controlling of the activities and the set strategies by the organization. In this, the Hilton needs to first identify the desires and wants of an ultimate customer and they should work over it. Hilton focuses to provide extraordinary service to their guests by review the guest comments and their feedbacks by proper planning and controlling of the policies, strategies and lastly the procedures and according to the decision are made and are reviewed. Moreover, questionnaires will be used to encourage the feedbacks from the customers. In this kind of Feedback Company got to know about the customer’s experiences and the perception of the services offered to them. Along with this, the company also got to know about the further needs, requirements and the expectation of the ultimate customers. In addition, through the proper implementation of the procedure ultimately helps in improving the reputation of the company in the market and in the overall hotel industry sector (Hilton hotel and resorts, 2018).
From the above report, we got to know about the business plan of the Hilton- Kuala Lumpur Malaysia in which swot analysis helped in getting to know about the external and the internal marketing trends. The Hilton group of hotels are having a high recognition in the hospitality industry. Certain changes in the policies and the ethos can play a profound impact to decide the future and present success of the Hilton hotel. Although Hilton hotel carries, a bright future but still is required to be in tune with the upcoming trends to gain an edge over its competitors. Hence, it is mandatory to consider the key trends, and the marketing environment in order to know about the company’s growth and the future reputation.
References
Abdul Hamid, Z., Hashim, J., Omar, A., Kamil, M., & Akmal, B. (2011). A study on the implementation of talent management practices at Malaysia companies. Asian Journal of Business and Management Sciences, 1(4), 147-162.
Alastair. (2018). Hilton Malaysia introduces the “meet the purpose” programme. Retrieved from: https://www.traveldailymedia.com/hilton-malaysia-introduces-meet-with-purpose/
Anon, (2009).Hilton Kuala Lumpur Hotel. (MALAYSIA)(Brief Article). Business Traveller Asia Pacific, 24, p.73.
Anon, (2013) Hotel Business News – North America. Air Guide Business, pp. Air Guide Business.
Anon, (2014) Hilton Worldwide. Business Traveller Asia Pacific, p.18.
Anon, (2015) Hilton Worldwide Strengthens Presence in Malaysia. Business Wire, pp. Business Wire.
Anon, (2017) Hilton Kuala Lumpur Gets World Luxury Hotel Awards. Health & Beauty Close – Up, pp. Health & Beauty Close.
Anon, (2018) Turning meetings into meaningful experiences at Hilton Malaysia. Food Weekly News, p.33.
Bhasin, H. (2018) marketing mix of Hilton hotel and resorts- Hilton hotels and resort marketing mix. Retrieved from: https://www.marketing91.com/marketing-mix-hilton-hotels/
Bray, Roger, (2004) Hilton opens hotel in Kuala Lumpur business travel briefing. The Financial Times, p.14.
Cannon, M., (2017) Flying Blue and enrich bonus up for grabs with Hilton. Business Traveller, p.56
Dadzie, K. Q., Amponsah, D. K., Dadzie, C. A., & Winston, E. M. (2017). How Firms Implement Marketing Strategies in Emerging Markets: An Empirical Assessment of The 4A Marketing Mix Framework. Journal of Marketing Theory and Practice, 25(3), 234-256.
Edge prop. (2019). Hilton to double presence in Malaysia, reports weekly. Retrieved from: https://www.edgeprop.my/content/1421585/hilton-double-presence-malaysia-reports-weekly
Hilton hotel and resorts. (2018) Hilton Kuala Lumpur continues its winning streak at world travel awards TM. Retrieved from: https://newsroom.hilton.com/hhr/news/hilton-kuala-lumpur-continues-its-winning-streak-at-world-travel-awardstm
Hilton Kuala Lumpur. (2017). Hilton Kuala Lumpur. Retrieved from: https://life.hiltonkl.com/
Hilton. (2018). Annual reports. Retrieved from: https://ir.hilton.com/financial-reporting/annual-reports
Hilton. (2019). Hilton performance advantage. Retrieved from: https://www.hilton.com/en/corporate/development/hilton-performance-advantage/
Kotabe, M., & Helsen, K. (2014). Global marketing management.
Mosbah, A., & Al Khuja, M. S. A. (2014). A review of tourism development in Malaysia. Euro J Bus and Manage, 6(5), 1-9.
Mosbah, A., & Al Khuja, M. S. A. (2014). A review of tourism development in Malaysia. Euro J Bus and Manage, 6(5), 1-9.
Pearce, M., Dent, L. & Video Education Australasia, (2009) the four P’s marketing strategies, Bendigo, Vic.: Video Education Australasia.
S&P. (2019). Hilton worldwide holdings Inc. SWOT and PESTLE Analysis. Retrieved from: https://www.swotandpestle.com/hilton-worldwide-holdings-inc/
Tan, J. (2018) Hilton boosts luxury offerings in Malaysia with canopy brand. Retrieved from: https://www.marketing-interactive.com/hilton-boosts-luxury-offering-in-malaysia-with-canopy-brand/
Wearne, N., & Morrison, A. (2013). Hospitality marketing. Oxen: Routledge.
Woon, L., & Kahl, C. (2015). Employment empowerment through the human resource department in enriching employee satisfaction: the Hilton way in Malaysia. TEAM Journal of Hospitality and Tourism, 12(1), 21-37.