A multi-brand hotelier embarked on repositioning one of its core brands.
A large international hotel franchisor and operator of a midscale lodging brand
A global hotel company wanted to reposition one of its brands to compete more effectively in the marketplace. The company saw an opportunity to fill unmet guest needs, achieve more favorable RevPAR, and better position the brand within a specific set of competitors serving its target customer segment.
The company needed to answer three key questions:
Management believed that changes to development strategy, site selection, guest offering, brand messaging and marketing, and physical assets were all important factors for increasing the brand’s ROI for franchisees and the company.
The company used APT's solutions to evaluate the extent to which these factors would improve the performance of the brand relative to its targeted competitors. In particular, APT quantified the degree to which the locations of the existing hotels accounted for the brand’s performance gap relative to its competitors. Both the hotel locations and the hotel size proved to be important reasons for the gap between the performance of the brand and its competitors.
Once APT isolated the degree to which location characteristics drove RevPAR underperformance, management planned to pilot a series of different brand offerings to significantly re-position the brand. Examples of new offerings included new lobbies and new guest amenities.
The hotel company is using APT's solutions on an ongoing basis to measure and improve the effectiveness of its new brand offers, as well as to target, measure, and refine a variety of promotion and advertising strategies.
The organization expects the repositioning to generate over $25MM in net present value to owners.