Future Proof – 5 Year Growth Strategy:
• Proposed targets over the next 5 years, focused on the outlined key growth areas.
Rooms: Jodie Cooper designs!!
F+B: Renovate current restaurant, install new fine dining restaurant, install whisky distillery, install victorian style bar, install garden bar, ladies lounge
Conferencing: Events, weddings.
Revenue: Cigar lounge, leisure club converted to 5 star spa, install gym (open to public)
(SMART goals eg. increase REVPAR by 15% in 5 years. Percentage or dollar based
• Appropriate emerging trends discussed and addressed by strategies (linked to strategies) Consumer trends!!!
Heading: Growth Strategies:
• Suitability of the strategies proposed
• Measures of the strategies identified and bench-marked
• Strategies are relevant to the overall growth strategy of the hotel.
Recommendations
Website to look at:
https://www.karstens.com.au/about-us/blog/top-5-emerging-trends-affecting-hospitality-industry/
http://www.pwc.com/us/en/asset-management/real-estate/emerging-trends-hospitality-leisure.html
https://skift.com/2017/01/03/10-hotel-trends-that-will-shape-guest-experience-in-2017/
http://www.hospitalitynet.org/news/4080182.html
https://hotelguru.com/top-10-trends-in-hospitality-for-2017/
http://www.ausfoodnews.com.au/2016/12/21/top-hospitality-trends-predicted-to-boom-in-2017.html
http://www.hospitalitymagazine.com.au/food/news/7-food-trends-for-2017
http://www.telegraph.co.uk/travel/hotels/articles/hotel-trends-for-2017/