Question: The global hotel and accommodation services sector has evolved to include non - traditional providers such as Airbnb and Booking.com. This has created a new

The global hotel and accommodation services sector has evolved to include non-traditional providers such as Airbnb and Booking.com. This has created a new competition for traditional service providers such as hotels. New opportunities have also emerged for creative start-ups that can further develop alternative products with unique value propositions. Design thinkers recognise the critical role of a unique, appealing value proposition as a mechanism for establishing successful start-ups or increasing existing market share.

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock 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

Students Have Also Explored These Related General Management Questions!