Hotel Cross Road Project Report-Prince Dudhatra

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    R.P.B.C RAJKOT HOTEL CROSS ROAD

    A Service Sector Visit Report On

    P

    r

    epared By : - Sagar B. Jinjuvadiya

    College :- R.P.Bhalodiya

    Class :- S.Y.B.B.A

    Guided By :-

    Roll No. :- 68

    SUBMITTED TO

    SAURASTRA UNIVERSITY

    1

    Academic Year

    2008-09

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    R.P.B.C RAJKOT HOTEL CROSS ROAD

    PREFACE

    Life is a series of experience, each one of which makes us bigger

    B.B.A. Degree is concerned with the study of business Administration of

    various activities in India. Industries of all kinds need good trained administrators

    so this course is offered by Saurashtra University.

    The practical training has enriched my student life as a B.B.A. student.

    A B.B.A study is a bridge between the world of business education and

    management and the world of practice. This helps the student to move over to the

    professional life with facility. "Learning is born out of experience and observation'.

    Learning is most effective when put into practice. The management students can perform

    better in an organization because of their familiarity with various techniques of

    management, compared to those who merely obtain theoretical knowledge.

    The practical training is an essential feature of business studies. The

    current rapidly changing businesses demand for dynamic youths and personnel.

    DATE:-

    PLACE: - RAJKOT.

    SIGNATURE,

    Sagar B. Jinjuvadiya

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    ACKNOWLEDGEMENT

    Being a student of B.B.A. I am very glad to present my project report under

    standing the practical knowledge & I get the opportunity to integrate theory in

    practice.

    I would like to thank my principal and college for giving this opportunity. I

    am thankful to our proff. ----------------------- who give the guidance and help.

    I am also thankful to hotels manager & all staff that have help me directly

    or indirectly and helpful in giving information and help me.

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    R.P.B.C RAJKOT HOTEL CROSS ROAD

    DECLARATION

    I undersigned JINJUVADIYA SAGAR a student of S.Y.B.B.A, here by declare

    that the project work presented in this report is my own work and have been carried out

    under the supervision of MR.------------------------------ of R.P.Bhalodiya College.

    This work has not been previously report submitted to any other university for

    any other examination.

    DATE :-

    PLACE :- Rajkot

    SIGNATURE,

    Sagar B. Jinjuvadiya

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    I N D E X

    Sr. No. Particular Page no.1. General information 062. Front Office 16

    3. Services Provided 23

    4. Food & Beverage Department 28

    5. Personnel Department 33

    6. Financial Department 43

    7. Marketing Department 53

    8. Feature Plan 63

    9. S.W.O.T. analysis 64

    10. Bibliography 68

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    I N D E XI N D E X

    Sr. No Particular Page no

    1. Introduction 082. Hotel at a Glance 09

    3. Hotel history 10

    4. Hotel highlights 11

    5. Location Purpose 13

    6. Size of the organization 14

    7. Form of the Organization 14

    8. Time Keeping System 15

    1) INTRODUCTION

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    Today in this modern age, the world is becoming small, due to the

    expansion and development of business and with facility of communication. With

    the expansion of business the people have to go another city and state for the

    business purpose. At that time the hotel gives the facilities for living to the people

    and having the facilities as like as home.

    HOTEL CROSS ROAD, at Rajkot, is one of the most famous hotel. The

    hotel is provided good service to their customers. The hotel with 15 well

    appointed rooms with good services and good surrounding environment. It offers

    all the requirement of modern travelers.

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    2) HOTEL CROSS ROAD AT GLANCE

    Established in the year 2002 Hotel Cross Road is a professional and

    reputed organization engaged in a service of hotel industry in Rajkot.

    Rajkot is well placed in the Saurashtra region of the Gujarat state in India.

    Rajkot, now a major industrial town, was once the capital of Gujarat. Rajkot the

    storehouse of Gujarati handlooms and handicrafts is famous all across India for

    their international standard quality.

    Hotel Cross Road Situated in the midst of prominent business &

    commercial area of Rajkot city. Hotel Cross Road is 2 Kms. Away from the

    Airport & 3 Km. from the Railway Station & half Kms from S.T.Depot.

    he accommodation options at the Hotel Cross Road Hotel in Rajkot are

    a plenty to offer a wide choice to the tourists.

    The comforts and luxury at the Hotel Cross Road Hotel in Rajkot make you feel

    at home even away from your home. Hotel Cross Road Hotel in Rajkot offers

    quality business services and facilities.

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    3) HOTEL HISTORY

    There is a very interesting story behind the

    establishment of Hotel Cross Road. The managing Director of hotel Cross Road

    Mr. Bhupatbhai Bodar thought that there are good hotels for the businessmen

    and tourist in Rajkot. But some good hotel are far away from bus station &

    railway Station & Airport.

    So, For giving first class facilities to them Mr.

    Bhupatbhai Bodar decided to establish the hotel at middle of city at Dr. Yagnik

    Road

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    4) HIGHLIGHT OF HOTEL CROSS ROAD

    NAME OF THE HOTEL

    HOTEL CROSS ROAD

    YEAR OF THE ESTABLISHED

    The hotel was established in 2002 at Rajkot as

    Hotel Cross road .

    ADDRESS

    B-Pramukh Swami Arcade, 3rd Floor, Malaviya Chowk

    Dr. Yagnik Road

    Rajkot 360 001.

    TELEPHONE & FAX No.

    Tel.: (+91-281) 2224424

    Fax : 2224425

    FORM OF ORGANIZATION

    The form of organization is Sole Proprietor.

    SIZE OF ORGANIZATIONThe size of organization is medium scale.

    DAY OF WORKINGDaily

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    EMPLOYEES14

    ACCOUNTING YEARFrom April to March

    BANKER

    HDFC & Punjab national Bank , Rajkot.

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    5) LOCATION PURPOSE

    Selection of location is very important factor for any business unit.

    Because once it would select, it will not to be change easily. The business in

    suitable area or a production in industrial estate is very useful tool for produces

    or industry to increase profitability or decrease cost of production.

    One of expert in this field remarks, The location of plant should be field

    in such a manner that people interested in this success, can sell goods most

    profitability and can manufacture with least expenditure.

    Hotel Cross road is situated at Dr.Yagnik Road, Rajkot. This company

    situated hears for some reasons are as follows.

    Midst of prominent business & commercial area of city

    Just 2 Km. from Airport

    Just 3Km. from railway station

    Just half Km away from S.T. Depot.

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    6) SIZE OF ORGANIZATION

    According to Indian company act, there three main types of industry

    SMALL SCALE

    MEDIUM SCALE

    LARGE SCALE

    HOTEL CROSS ROAD has under the category of MEDIUMSCALE.

    7) FORM OF ORGANIZATION

    The main business form of organization is follows.

    SOLE PROPRIETOR CONCERN

    PARTNERSHIP FIRM

    JOINT STOCK COMPANY

    HOTEL CROSS ROADhas under the category of

    SOLE PROPRIETOR CONCERN

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    8) TIME KEEPING SYSTEM

    Time keeping system for a one person or a firm should develop an

    effective time keeping system.

    Each unit must have its own time keeping system. Since time must for

    every company to measure the regularity of its employee. In time keeping system

    the arrival and living of employees are recorded.

    HOTEL CROSS ROAD has a three shift of duties. The employees of this

    company enjoy one off-day in a week. Beside they can also enjoy the festival

    holidays.

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    IN DE X

    Sr. No. Particular Page no.

    1. Introduction 18

    2. Service of Front office 19

    3. Process of Room Reservation 20

    4. Types of Room 21

    5. Tariff 22

    6. Term and Condition 22

    1) INTRODUCTION

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    Generally this office is known as Reception. Hotel Cross Road is known

    it as a Front Office. Front office employee is directly contact with the customer.

    This employee is also one kind of represented it firm. This works are advance

    booking of room, present room booking, arrange birth day party, carry about they

    customer service; provide all service of the hotel to its customer. Try to fulfill

    requirement of the customer.

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    2) SERVICES OF THE FRONT OFFICE

    The action of helping someone working for someone, system supplying a

    public need & ready to assist someone when required

    HOTEL CROSS ROAD is perfectly suitable with this meaning because it

    helps public by providing its facilities, by gibing its facilities, by satisfying public

    needs and also ready to assist them whenever required.

    ADVANCE BOOKING : - Through Direct Contact, By

    Telephone Contact, By Indirect

    contact

    PRESENT BOOKING : -Through Direct Contact, By Telephone

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    3) PROCESS OF ROOM RESERVATION

    The room reservation process is very simple to understand for customer.

    Hear various type of method is applied for room reservation. Major two types i.e.

    1) Direct method

    2) Indirect method

    1) Direct method :-

    Generally this method is use to customer. In this method customer is

    directly contact with the hotel to its front office. And reserve the room in advance

    or for present.

    2) Indirect method :-

    Today, in world, people dont have time for go to hotel and reservation the

    room, but person use today technology i.e. mobile phone, internet. Customer

    reserve the room through on call and e-mail.

    In the room reservation, advance pay for new customer in, some time

    customer pays its payment on check out time. But the company office or regular

    customer is pay on its time.

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    4) TYPES OF ROOMS

    In every hotel, there many types of room some of it is small, large, and

    luxuries. This room have different name with different facility. The total number

    of room is 15. These rooms have many facilities i.e. color TV. With satellite

    transmission, direct STD/ISD facility.

    Executive room : -it is compact room with the require facility

    City View:- It is a compact room with the general required

    Facility.

    Beauty room:- It is a big room having bath tub in its bothroom.

    Royal Villa:- It is the suite room having two attached rooms with

    All modern amenities in it.

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    5) TARIFF

    Room Type Single Double Non A/c 350 500

    City View A/c 500 750

    Executive A/c 600 850

    Beauty A/c 650 900

    Business Class A/c 200 750(5 bed)

    Royal Villa A/c 950 1250

    6) TERM AND CONDITION

    All rooms are subject to 15% Luxury Tax.

    Any Charges in Tax structure will be levied as applicable.

    All rates are subject to change without prior notice.

    Check out time 12:00 noon.

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    INDEX

    Sr. No. Particular Page no.

    1. Introduction 25

    2. Service provided 26

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    1) INTRODUCTION

    # WHAT SERVICE MEANS?

    Service has got different meaning or can be understood in difference

    ways.

    From the above all meaning any meaning can be considered or is

    applicable for the service company. But the prefect meaning will be or can be the

    combination of all the meanings.

    The action of helping someone working for someone, system

    supplying a public need & ready to assist someone when required

    HOTEL CROSS ROAD is perfectly suitable with this meaning because it

    helps public by providing its facilities, by gibing its facilities, by satisfying public

    needs and also ready to assist them whenever required.

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    SERVICES:

    A service is the most important part and major key for the success of anyunit. Without a service, marketing cannot be imagined. Service is one tool in the

    hands of the marketing through which it gives life to all marketing program. So,

    the main responsibility of the marketing would be to know its service well and to

    take proper service decision.

    BIRTHDAY PARTY:

    If some one wants celebrate Birthday in HOTEL CROSS ROAD, they are

    providing big hall for party and arrange the event. They provided music to the

    party, and also arrange for cold-drink and food to the members of party so; person

    can get both entertainment and food.

    MEETING & CONFERENCE HALL:

    They are providing business hall for meeting & conference. If any person

    wants to arrange business meeting they allow them.

    By this way, HOTEL CROSS ROAD hotel provides various services to

    their customers. They try to provide all the types of services to the customer so

    customers dont feel trouble himself. They think that BEST QUALITY

    SERVICES provided to customer is their responsibilities.

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    HOTEL SERVICES

    15 Elegant Rooms having Color TV with Satellite Transmission,

    Direct Dial STD/ISD facility.

    24 Hour Room Services

    Money Changing Facility.

    Travel Counter.

    Laundry Services.

    Courtesy Airport Transfer.

    Doctor on Call

    Ample Parking with Valet Services.

    All major Credit Card Accepted.

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    IN DE X

    Sr. No. Particular Page no.

    1. Introduction 30

    2. Types Of Food 31

    3. Food To The Room 31

    4. Quality Control 32

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    1) INTRODUCTION

    The key department of hotel is food department. If the very nice service is

    providing by service department but the food is not that much good. The customer

    does not prefer that restaurant.

    In the food & beverage department, they have to making cleaning

    everyday. They have to use best items for making food. They have to taste quality

    and try to maintain quality, the main cooks having experience and ability to make

    best food.

    Hotel Cross road having well kitchen and cook is able & experience.

    Every day use best item for survive customer. They make list of item that they

    needed. They are always going to purchase quality product.

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    2) TYPES OF FOOD

    Hotel Cross Road has a multi type of food. They are provide vegetarian .

    They are providing different food dishes. The objective of hotel is to provide best

    food & best quality to its customer.

    They provided following food dishes:

    Gujarati

    Italian

    Chinese

    Punjabi

    Continental

    Fast food

    3) ROOM SERVICE FOR FOOD

    Customer calls to room service department and give order for food. Room

    service department take this order and make food-according order and give to

    customer room within 20 minuets.

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    4) QUALITY CONTROL

    Hotel Cross Road is maintaining quality by experience & expert person.

    They never compromise to its quality & services. They always try to its level best.

    Good raw material

    Maintain quality by experience employee

    Food make by experience man

    Special dishes make by expert man

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    IN DE X IN DE X

    Sr. No. Particular Page no.

    1. Introduction 35

    2. Manpower Planning 36

    3. Recruitment & Selection 38

    4. Training & Development 40

    5. Performance Appraisal 41

    6. Wages & Salary 42

    7. Employees Benefits & Service 42

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    1) INTRODUCTION

    The main componential organization is their employee an organization

    requires the services of its employees to achieve is goals. Therefore human

    resources are the most evident part of an organization.

    Personnel management is the planning, organizing, direction, controlling

    of the procurement, development, compensation, integration and malignance of

    people of the purpose of contribution to organization, individual and social goal

    Personnel management is concerned with managing people at work. All

    the activity of the unit are initiated and determined by the employees, who make

    up plants, institutions or offices. All these are up productive without employees.

    Thus, personnel management covers the management of employees at all level.

    An organization may be manufacturing firm, a business concern, an

    insurance company, a government agency, social organization, hospital a

    university, a public school, religious trust or even families. It may be small or

    large, simple or complex, it needs to manage the efforts of the humans engaged in

    it and to direct them towards organization missions and goals.

    The internal department structure of personnel department varies widely

    from one company to another; the personnel department has to function as a

    medium to establish healthy relationship between the management and the

    employee.

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    2) MANPOWER PLANNING

    Planning is the starting point of any managerial activities. It is an important

    function of management in every organization. Planning has been focused on every

    activity of the business like viz, marketing, production, finance, personnel etc.

    Manpower planning is the process of determining manpower requirements and

    the means for meeting these requirements in order to carry out the integrated plans of the

    organization.

    There are, many advantage of manpower planning which are as follows.

    It reduces labour cost. Best use of skills of employees. It provides training facility. Improvements in all levels. It is useful for making employees skills upto date. It is evaluation tool. Useful to managerial succession.

    From the above advantages we can say that Manpower planning is much useful tothe management.

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    3) RECRUITMENT

    RECRUITMENT is the process of attracting, potential, qualified a

    competent employee with required characteristic and in proper quantity.

    Recruitment is the process of finding and attracting capable applicants

    for employment the process begins with the new recruit are sought and ends when

    their application are submitted the result is a pool of applicants from which new

    employee are selected

    In simple terms recruitment is understood as the process of searching for

    obtaining applicant for job, from among whom the right people can be selected.

    Recruitment is the process of selecting efficient & trustworthy employees

    who are willing to apply for the job. Recruitment aims to develop & maintain

    proper manpower resources.

    There are mainly three method of recruitment are as follows:

    DIRECT METHOD

    INDIRECT METHOD

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    There are various sources of recruitment which are as above

    Sources of recruitment

    Internal recruitment External recruitment

    1) Present Employee 1) Advertisement

    2) Employee Referrals 2) Trade/professions

    association

    3) Formal Employee 3) Employment exchange

    4) Previous applicant 4) Campus recruitment5) Consul tans

    HOTEL CROSS ROAD adopted Direct method of recruitment & they

    recruit employee from the internal sources of recruitment.

    SELECTION

    The objective of selection process is to determine whether an applicant

    meets the qualification for a specific job & to choose the applicant who is most

    likely to perform well in job.

    This information is accrued in a number of steps or stages. It is a very

    complicated and it is generally based on the nature and technology of the unit. It

    is concerned with securing relevant information about an applicant like education,

    date of birth, age and his qualification etc.

    Selection is the process of choosing the individual who posses the

    necessary skills, ability and personality to successfully fill specific job in the

    organization

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    Selection is the process of picking individual from pull of applicants with

    necessary qualification.

    Selection process

    Selection is a process by which the qualified personnel can be chosen

    from the application selection is process in the hand of management to get qualify

    and disqualify applicant by various methods. This process is follow

    Interview

    Preliminary Selection

    Final Selection

    Placement

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    4) TRAINING

    Training is the act of increasing the knowledge and skill of an employee

    for doing a particular job; it is a corner stone of sound management. It makes the

    employees and techniques of production more effective. Apart from this, it

    enables employees to develop and rise within the organization and increase their

    market value, earning power and security.

    Training and development refer to importing of specific skills, abilities

    and knowledge and performance of employee.

    An every institutions or organization trains their worker after selection of

    the person. Training is a technique by which a management also gets information

    that, this employee is right for the job or not.

    HOTEL CROSS ROAD is giving training to new employees by senior.

    They are planning for giving training to employee in other branch.

    DEVELOPMENT

    The management is the dynamic life giving element in business. The

    caliber and performance of the manager will largely determine the success of

    business. Therefore this company also takes care for the development of the

    employees. The company provides special training to improve the performance

    level.

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    5) PERFORMANCE APPRAISAL SYSTEM

    For personnel management a performance appraisal is an important tool.

    Performance appraisal means persons performance in the company.

    Ones the employees have been selected trained and motivated; he is then

    appraised for his performance. Performance appraisal is the step where the

    management finds out how effective it has been at hiring and placing employee. A

    performance appraisal consists of evaluating an employees performance of a job

    in terms of a job in terms of its recruitment.

    HOTEL CROSS ROAD consider its employees as its most valuable

    and therefore it believes in perfect and accurate performance appraisal system.

    They believe that employees efficiency, productivity and great performance is a

    ladder to success. HOTEL CROSS ROAD has an efficient performance appraisal

    system for evaluating their employees performance.

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    6) WAGES & SALARY

    Wages and salary is one of the important functions for organization as

    well as staff working in it. It is motive the person to effective, so it is most

    important work.

    In HOTEL CROSS ROAD hotel wages & salary is to be paid on

    monthly basis. They pay salary to their employee on 2ND OR 3RD day of every

    month.

    7) EMPLOY BENEFIT

    In today companies gives benefits to their worker or employ. HOTEL

    CROSS ROAD hotel provides following facilities.

    o Festival gift

    o Bonus

    o Loan

    o Provident Funds

    o Overtime

    o vehicle

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    INDEXINDEX

    Sr. No Particular Page no

    1. Introduction 45

    2. Origination Chart 46

    3. Financial Planning 47

    4. Financial Sources 48

    5. Capital structure 49

    6. Management of Working Capital 50

    7. Management of Fixed Assets 51

    8. Profit 52

    9. Account 52

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    1) INTRODUCTION

    Finance is the lifeblood of the business. It is impossible to run a business

    without finance. In every function of business need finance. In this way the

    finance is important role in business.

    Finance is like an arm or left either you use it or loose it.

    Financial management is that manage real activity, which is concerned

    with the planning and controlling of the firms financials recourses. A capable

    financial management can lead the unit to the path of highly profitability with

    limited financial turnings.

    Financial management is responsible for estimation of financial resources;

    their procurement and their application in a manner in which they help the

    enterprise grow according to well-defined objectives.

    All the activities requires finance for their implementation like to establish

    a business, to buy row materials and machines, to make production, to pay wages,

    salaries, to market the products etc.

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    2) ORGINIZTION CHART

    As a financial activity has become more complex at present most of the

    organization keeps a separate department you handling the matter of finance.

    Finance department is one the key departments. Financial and accounting

    activates are carried our through this department. So the organization of this

    department is of much importance to every industry.

    The chart of finance department ofHotel Cross Road is as under.

    Chief Accountant

    Finance Manager

    Finance Department

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    3) FINANCIAL PLANING

    Planning is very necessary for the smooth running of the business.Planning means deciding in advance what is to be done.

    Financial planning means deciding in advance the financial activities to be

    carried on to achieve the basic objective of the firm. The success or failure of any

    business enter price depends up on the formation of financial planning if the

    financial planning is prepaid carefully, accurately and without any fault, than

    enter price will get success in its business. If involves the setting of objective and

    identification of the variable affecting the objective.

    In Hotel Cross Road they also are doing financial planning. The top

    management does the financial planning every year.

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    4) FINANCIAL SOURCES

    Sources of finance mean that from where to collect funds and from where

    money comes for industries and also at sometime in which way it comes at the

    time of requirements. Generally there are two source of finance i.e.

    (1) Internal Sources

    (2) External Sources

    HOTEL CROSS ROAD has both internal sources and external sources

    of finance.

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    5) CAPITAL STRUCTURE

    Capital structure is a very important decision for the company. Here the

    company determines the formation of capital or mix of different types of long

    terms funds.

    Capital structure refers to the composition of long terms sources of funds

    as debentures, long terms debtors, preference share capital, equity share capital

    and retained earnings i.e. reserve and surplus.

    The board of directors or financial manager of the companies should

    develop an appropriate capital structure and this can be done only when all those

    factors, which are relevant to the companys capital structure decision, are

    properly analyzed and balanced.

    HOTEL CROSS ROAD has its own capital and also has a loan from the

    bank.

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    6) MANAGEMENT OF WORKING CAPITAL

    Working capital refers to the funds locked up in materials, working

    progress, finished goods, receivable and cash, etc. since this asset are known as

    current assets, in very simple terms, working capital may be defined as capital

    invested in current assets

    According to Hoagland, working capital is decretive of that capital which

    is the fixed. But the more common use of the working capital is to consider it as

    the different between the book value of the current assets and current liability.

    Working capital plays as an important role in any organization. The

    management of working capital is done in such a way so that the firm dose not

    faces financial crises because or the secrecy of financial will create disturbance in

    the working of the unit.

    In HOTELCROSS ROAD working capital is Rs. 5, 00,000. Financial

    manager dose the management working capital. It is a major concern of the

    financial manager such as the accomplishment of the value of maximization of

    goal depends essential on prudent working decision.

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    7) MANGEMENT OF FIXED ASSETS

    Management of fixed assets is very important in any organization. Fixed

    assets of a company are the permanent capital of the company. They are helped in

    the production process. They can be used year by year for a long period of time,

    they must be checked. A large fixed asset does not mean that the firms are very

    well but there must be proper use of fixed assets.

    There must be proper and appropriate provision for depreciation of on

    fixed assets. The financial manager is responsible for maintaining proper

    management of fixed assets. Financial manager has to take proper decision for the

    investment in fixed assets.

    The total fixed assets ofHOTEL CROSS ROAD is

    Rs.2,00,00,000 /- only.

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    8) PROFIT

    Over and above the other objective of a business the basic objectives of

    any organization is making profit. The entire existents of the business depend on

    its profitability. Profitability of a firm means consist ratio and percentage of total

    profit earned on an annual bases. It is always observe to be well maintaining in

    every firm.

    HOTEL CROSS ROAD L has successfully in earning a profit of 20%

    only.

    9) ACCOUNT

    Hotel Cross Road maintains its account by double entry system and

    accounting is computerized. This is managed by the financial manager.

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    I N D E X

    Sr. No. Particular Page no.

    1. Introduction 55

    2. Marketing mix 56

    3. Product Mix 57

    4. Pricing Policy 58

    5. Promotion Mix 59

    6. Advertisement 607. Sales promotion 61

    8. Competitors 61

    9. Market Research 62

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    1) INTRODUCTION

    In this global economy, marketing management occupies a significant

    place whether it is a new firm or it is an establish unit. In this combative world

    every concern organization objective, an efficient & effective organization of

    marketing department is a prime condition.

    Marketing occupies an important position in the organization of business

    unit. Without proper marketing the company cannot achieve its goal. According

    modern marketing concept," marketing starts with the products idea and ends with

    customers satisfaction.

    According to Philip Kotler, Marketing is the process of planning, and

    executive the conception, pricing promotion and distribution of goods ideas to

    create exchanging with target groups that satisfy customer and organization

    objective.

    The concept of market is very much impotent in marketing. The

    American Marketing Association defines A market as the aggregate demand of

    the potential buyer for product/service.

    It is said that without efficient marketing of the goods, even though we

    will create best product, but we cannot sell it.

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    2) Marketing mix

    Marketing mix is the set of marketing tools that the firm uses to pursue

    its marketing objective in the target market

    - Philip Kotler

    The basis of marketing operation is the co-ordination of four key variables

    namely,

    Product

    Price

    Place

    Promotion

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    PricePromotion

    Product

    Place

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    3) Product Mix

    Product mix is the list of all product offered for sale by a company. It is

    defined as The composite of product offered for sale by a firm or a business

    unit.

    The product mix of a company has two characteristics: -

    (1) Depth

    (2) Width

    Depth depends on the number of products items with in each product line.

    Width depends on the number of products group of products line with in

    the company.

    Hotel Cross Road has product width in food dishes. i.e. Mexican, Thai,

    Italian, Punjabi, Chinese, & continental items.

    Hotel Cross Road has product width also in Room. i.e. executive rooms,

    suit rooms

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    4) PRICING POLICY

    Pricing is a very critical decision in marketing management. It is a price

    regulator of production, distribution and consumption of goods. Pricing strategy

    determines the firms position in the market.

    Pricing decision has strategic importance in any enterprise. It means

    decision of determining price of a product. Price can be defined as the exchange

    value of the goods or services in the terms of money. The price of products should

    be determined in such a matter so as to offer a reasonable amount of profit to the

    manufacturer, a reasonable remuneration to middle man and the maximum

    satisfaction to the consumers.

    Price is an important element in the marketing mix. The policy is only

    factor that generate revenue other factor are expense. Price is only revenuegenerate element. So profits depend upon the price.

    While deciding the price of product, following factor are consider as cost:

    Cost of raw material

    Wags paid

    Electricity expenses

    Promotion expenses

    Estimating cost

    Other cost

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    5) Promotion mix

    The marketing mix activates or product planning and distribution are

    performed mainly with in business or between a business and the member of its

    distribution channels. However, though its promotional activities, a firm

    communicates directly with potential customers and as well we see, it is not a

    simple process.

    Basically, promotion is a attempt to influence, and more specifically

    promotion is an element in an organization marketing mix that serves to inform,

    persuade and remind the market of the product and the organization selling it, in

    hopes of influencing the recipient s feeling, belief or behavior.

    Promotion consists of those activities that are designed to bring a

    company goods and services to the favorable attention of customer

    There are four forms of promotion are as follows.

    Personal Selling

    Advertising

    Sales Promotion

    Publicity And Public Relation

    Hotel Cross Road makes a promotion activity. So they can increase the

    volume of sales and earning maximum profit.

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    6) Advertising

    Advertisement is one of the most essential that is carried on by most of the

    companies. The main purpose of every organization is to promote sales and for

    this purpose each and every organization use advertisement.

    Advertisement can define as Mass, paid communication presentation and

    promotion of goods, service or ideas by an identified sponsor, it is paid

    communication, because the advertising has to pay for the space or time in which

    his advertising.

    It is a modern business word and in modern business world no business

    can survive without advertisement. So advertisement is must.

    Advertising is nothing but a paid from of non-personal presentation or

    promotion of ideas, goods or services by an identified sponsor.

    The advertisement at Hotel Cross Road is mainly media like Print Media

    like newspapers, magazines, trade journals etc. Out Door Media advertise islike

    poster hoardings, Television, etc.

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    7) SALES PROMOTION

    Now, day in competition are sales promotion activities become most

    powerful in any of the organization to promote the sale? Hotel Cross Road also

    tries it best for sales promotion.

    Hotel Cross Road gives discount on their regular customer. They are also

    provide group package on food, they provide discount on some special event.

    They are doing sales promotion activity by this way.

    8) COMPETITORS

    In the market have many hotels but some hotel have very good quality &

    reputation in city. Hotel Cross Road is one of them; in short period Hotel Cross

    Road makes good value in the market but competitors still today.

    The owner of Hotel Cross Road does not believe in competition and also

    not compete with competitors but we known that in every firm has competitor.

    These are following,

    The Imperial Palace

    Hotel Silver Palace

    Hotel Kaveri

    Hotel K.K.

    Hotel Galaxy

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    9) MARKETING RESEARCEH

    Marketing research is a systemizing gathering recording and analyzing the

    date about the marketing problem to facilitate decision making.

    Thus, marketing research concentrates on the study of product planning,

    advertising and sales promotion, distribution, structure, marketing strategies,

    marketing competition, buyers behavior and attitude in the marketing place.

    Hotel Cross Road is high quality business hotel. The hotel offers

    consistently high standard of facility and accommodation. Therefore Hotel Cross

    Road is no.1 business hotel in Rajkot.

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    The future plan of the HOTEL CROSS ROAD is as follows:

    o Going for improvement in quality.

    o Going for improvement in infrastructure

    o Improvement in services

    o To open the new branches.

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    S.W.O.T. analysis is a too for auditing an organization and its

    environment. It is the first stage of planning and helps marketers to focus on key

    issue. Ones key issues have been identify the feed in to market objective. SWOT

    stands for

    Strength

    Weakness

    Opportunity

    Threats

    Strength and Weaknesses are internal factor.

    Opportunity and Threats are external factor.

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    Strengths

    Opportunity

    Threats

    WeaknessS.W.O.T.Analysis

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    STRENGTH

    The staff of HOTEL CROSS ROAD is well manner. They treat customer

    generally.

    There is a chain command means only top management can take decisions.

    The location of HOTEL CROSS ROAD adds the middle of the city.

    Internal personal relationship is very nice between staff and owner.

    WEAKNESS

    Front area is very small, so people can not found easily.

    People park their vehicles out side because of small parking area.

    Building of hotel is not proper, it is not look like three star from out side.

    Hotel Cross Road does not give more important on

    Advertisement.

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    OPPORTUNITY

    HOTEL CROSS ROAD situated at the middle of city, they having a more

    market share.

    Hotel Cross Roads image is very nice.

    THREAT

    Today world, firm only threat by competitor

    Now days, these organization is suffering from the fear of constantly

    increasing price of raw material.

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    MARKEING MANAGEMENT

    (PHILIP KOTLAR)

    PERSONNEL MANAGEMENT

    (ASHWATHAPPA, C.B. MAMORIA)

    FINANCE MANAGEMENT

    ( I. M. PANDEY)