Question: I conducted a case study at Carlson Hospitality, a global leader in hospitality services, encompassing more than 1300 hotel, resort, restaurant, and cruise ship operations

I conducted a case study at Carlson Hospitality, a global leader in hospitality services, encompassing more than 1300 hotel, resort, restaurant, and cruise ship operations in 79 countries. One of its brands, Radisson Hotels & Resorts, researched guest stay information and guest satisfaction surveys. The company was able to quantify how much of a guest's lifetime value can be attributed to his or her perception of the stay experience.
As a result, Radisson knows how much of the collective future value of the enterprise is at stake, given the perceived quality of the stay experience. Using this model, Radisson can confidently show that a 10% increase in customer satisfaction among the 10% of highest quality customers will capture a one-point market share for the brand. Each point in market share for the Radisson brand is worth $20 million in additional revenue. Barbara Wixom

QUESTION:
How can a project team use this information to help determine the economic feasibility of a system?


Step by Step Solution

3.50 Rating (183 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock

Carlson Hospitality can use the information from the survey ... View full answer

blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Document Format (1 attachment)

Word file Icon

237-C-S-S-A-D (522).docx

120 KBs Word File

Students Have Also Explored These Related Systems Analysis And Design Questions!