This website uses cookies to ensure you have the best experience. Learn more

Oyo Market Essay

677 words - 3 pages

OYO ROOMS: INTERNATIONAL EXPANSION
MARKET ANALYSIS
Hotel brands – a very competitive environment:
Internationally, competing on price alone can be a downward spiral, especially when the perception of quality is diminished when a non-staple product is commoditized. In premium markets elements like service, exclusivity, and security come into play. Facilities like pool complexes, spas, gyms, golf and other recreational activities can become expected amenities. Hotel management companies focus managers and budgets to cash flow, profitability targets, and occupation cost demands.
However, the industry is changing rapidly, with substitute business models coming up. A Marketline Industry ...view middle of the document...

Also, threat of video conferencing becoming more mainstream to curtail business travel is moderate.
Threat of substitutes in the hotel industry is always highest in recessionary times; one must always consider the downgrading and the cost of travel itself, which would push low cost alternatives to the forefront. Thus, there is a space for OYO to operate in.
Threat of new entrants:
The threat of new entrants low due to high cost of capital, low availability of land, high cost of construction and difficulty securing entitlements. However, once established, the threat of players such as Airbnb gaining more inventories in terms of floor space and leases is high. New restaurants are a high threat to hotel food and beverage operations.
Bargaining power of suppliers:
Suppliers in the hotel industry include property owners, developers, real estate companies, architects, interior designers, interior furnishings, contractors, consultants, information and technology manufacturers.
The current barriers to entry into the international market are very high. Food and beverage in hotels has lost its competitiveness in major hotels due to free standing restaurant competition options outside of hotels.
...

Other Papers Like Oyo Market

Uae Organization – Etisalat, Employee Motivation and Job Satisfaction

3894 words - 16 pages Method of Data Collection and Analysis 9 3.4.Ethical consideration 9 4. Research Result 9 5. Detail Analysis of Survey 10 6. Research Discussion 16 7. Research Conclusion 17 8.Bibliography 18 Abstract In the current competitive scenario people are trying hard to match their capabilities and aspiration to achieve their personal as well as professional objectives. On the same hand even organizations are seeing tough time to maintain their market

The Effect Of Different Level Of Npk 15:15:15 Fertilizer On The Vegetative Growth And Yield Of Tomato (Lycopersicon Esculentum) In Yandev. Area Of Benue State A Project Research Work Submitted To...

5426 words - 22 pages of margarine and soap. The residual press cell as stock feed and as fertilizers. World leading producers of tomato are soviet union, United States, Indiana, New Tersey and Alabema. Encyclopedia of science and technology 1982. In Nigeria, state that produce tomato in large quantities are Plateau, Oyo, Gombe and Benue State. The total average under tomato is not known in Nigeria which creates difficulties to estimate the annual production of

Freedom And Responsibility

2141 words - 9 pages Built within the Constitution of the United States are specifically defined freedoms that are guaranteed to all citizens. Conversely, with every constitutional freedom there comes a corresponding responsibility. On September 25, 1789, the state legislature’s twelve proposed amendments were transmitted by congress, the first two dealing with congressional representation and congressional pay. The following numbers three through twelve were

Hate Crime Laws

2348 words - 10 pages On June 7, 1998, 49-year-old James Byrd Jr. of Texas accepted a ride from three white men, who then beat him severely, urinated on him, chained him by his ankles to the back of their pick-up truck, dragged him for three miles into the countryside, and dumped his corpse in front of an African-American cemetery (Graczyk). A little over a year later, a jury sentenced ring leader John King to death by lethal injection (“Man Executed for Dragging

Rational Emotional Behavior Therapy Case Study Conceptualization And Treatment Plan

2140 words - 9 pages Rational Emotional Behavior Therapy Case Study of Sarah: A Conceptualization and Treatment Plan Rational emotive behavior therapy, REBT, was developed by Albert Ellis and holds the central belief that the events in our lives do not cause our disturbances but that they are instead caused by our view of the events (Murdock, 2009). Murdock (2009) states that “people are seen as responsible for their behavior” (p. 279) but, because they are

Holidays In Albania

1636 words - 7 pages famous neighborhood of Gjirokastra is The Old Market, the perfect place to buy handcrafted souvenirs. Furthermore, you should not leave Albania without visiting the city of one above the other windows, Berati. All its visitors pass through the antique bridge which connects the old town with the new one. Berati’s castle is unique because many people still live there. Because of the cultural importance that Gjirokastra and Berati have for the

A Heart Of Darkness

1748 words - 7 pages In this short story, there are frequent significant subject and ideas that make the story, "A Heart of Darkness," by Joseph Conrad, and haunting novel. The main theme is absolute white power over the natives. The theme validates the corruption, and the dependence caused by the white people as they took over the Congo. White men were giving all the power; they had no self-control, and in the end they did not use wisely. The white men became

The Aspects Of Vulnerability Among The Exploited In Medical Research

2287 words - 10 pages Essentially, everyone is in some state of vulnerability. However, some of us are more susceptible to harm due to our vulnerabilities. The susceptible are the individuals with the greatest risk. These individuals risk the loss of their autonomy, and maybe even their lives. Vulnerable populations can be found in every subset of society. However, as previously mentioned, there are some vulnerable populations that are at an even greater risk than

The Hitchhiker’S Guide To The Galaxy

1171 words - 5 pages The Hitchhiker’s Guide to the Galaxy As the human race makes life-changing discoveries, it is made apparent that there is always more to learn as the universe, instead of becoming familiar, is becoming absurd. The Hitchhiker’s Guide to the Galaxy, written by Douglas Adams, as well as the 2005 film adaption, portrays absurdity to be an all-encompassing system in the universe. Through the introduction and attempt to understand lack of reason, the

The Ford Motor Company Wage Increase Of 1914 And The Theory Of Incentives And Efficiency Wages

1252 words - 6 pages this fact: Ford may have raised wages in order to increase productivity and reduce absenteeism, or to address a morale problem. Incentive theory explains how these objectives would be met by increasing wages. If workers have a choice between committing to being productive or shirking, paying a market competitive wage may lead to shirking in a full employment economy because if the worker is found to be shirking and loses their job, they will

Historical Analysis Of The Economical Breakthroughs Of The Industrial Revolution

1396 words - 6 pages A Historical Analysis of the Economical Breakthroughs of the Industrial Revolution During the Industrial Revolution, many elements of society experienced huge breakthroughs that would change the way they functioned forever. Economics were definitely one of them. With many new inventions and many factories appearing, many, many, more resources were being created than ever before. Also, all of the revenue from these resources was being given to

Related Essays

Worship In Psalm 150 And Its Relevance To Christianity In Oyo Town

4950 words - 20 pages ruler of Oyo is worshipped virtually as a tin god. He holds sway over all matters of commerce, religion and politics; in fact it is not an overstatement to say that the fear of the Alaafin is the beginning of wisdom for Oyo people. In the same vein, Oyo Christians who trade in consumables and farm produce see nothing wrong in abandoning church worship for the market if such market days fall on a Sunday. Another bane of Christianity in Oyo town is

Nysc Project Essay

2138 words - 9 pages STATE CODE NUMBER: NG/13C/1092 CALL-UP NUMBER: NYSC/BWU/2013/288842 Morakinyo Faith Opeyemi, who hails from Ona-Ara Local Government Area of Oyo State, was born into the family of Pastor and Pastor Mrs Victoria Oluranti Morakinyo at Ile-Ife, Osun state. He was born into a family of five (5), he is the 3rd born of the family. He attended Ekwa and Omolara Nursery and Primary School, felele, Ibadan, Oyo state from 1993 to 2002 He also attended George

Sunway Lagoon Marketing Strategies And Segmentation

5782 words - 24 pages Crowther University, Oyo, Oyo State Corresponding Author: Owoseni Omosolape Olakitan __________________________________________________________________________________________ Abstract Various personality variables determine entrepreneurial intentions and ultimately entrepreneurial success. This paper investigated the influence of personality on entrepreneurial success. We examined the impact of gender, locus of control and risk-taking behaviour on

Dry Gin Production Essay

2789 words - 12 pages Company is located at Oje-Owode, Oyo State. It is headed by Mr. Omede Clement who is the director and manager of the establishment. The company has 24 staff with two assistant managers inclusive working as staff directors. The size of the company would be approximately double the size of FANS Hall. It is made up of the following units. The production unit, in charge of production of the gin. The processing unit in charge of filtering, filling and