Evaluation:
- pioneer for green tourism
- remaining market leader
- strong customer base (returning guests)
- increasing competition
- stock price development:
Branding the
Intangible
Communication strategy
minimal advertising
1. Third party endorsement
- global marketing programs -> advertisement in high-end travel magazines
- key wholesalers in each targeted market to promote sales
- global exposure through membership in the Small Luxury Hotels and Leading Hotels of the World
- launch of its own Global Distribution System code "BY"
2. Word-of-Mouth
customers and co-branding activities with strategic partners are the major channels
- customers share their experiences with others, create awareness leading to potential future customers
- co-branding -> reatil outlets, Banyan Tree Galleries, the Museum Shop, Elements Jewelry and Angsana Galleries and Spa Galleries
3. Public Relations
- relations to travel editors and writers to encourage visits to the resorts
- generate awareness and interest with their socially responsible business values and practices caring for the social and natural environment
- several programs to educate the customers, supporting local communities and protecting the environment (Greening Communities Program)
Bild-Quelle: http://media.corporate-ir.net/media_files/IROL/20/200797/8_18_2015/Results_Briefing-2Q15.pdf
Eco friendly & sustainable
- strong VALUES to social & natural environment
- Greening Communities (plantation to reduce CO2 footprint and creation of jobs)
- non toxic toiletries, fresh water production
- Green Imperative Fund (guests can donate for local environment programms)
- Museums Shops shows Asia´s rich and diverse cultural heritage
- education to customers with activities to help the environment an local tribes
- resorts have individual villas (local architecture & furniture )
- create exclusivity, utmost privacy, romantic & intimate
- attachment to the nature with outdoor spas, dinning at the beach, under water wedding
Special Staff:
- staff service 5 star oriented to local culture
- employees take care about the identification with Banyan Tree
Support of locals:
- programs for locals, creating new jobs, scholarships (breakout of the vicious cycle of poverty), protection of local cultures
Expansion on the global market:
- expansion of Banyan Tree to urban areas (Bangkok)
- expansion not with quantity but with few
exclusive resorts, hotels and outlets
Bild-Quelle: http://media.corporate-ir.net/media_files/IROL/20/200797/8_18_2015/Results_Briefing-2Q15.pdf
Brand Positioning
- remote exotic locations
- leading player in luxury resort & spa market in Asia
- growth strategy by launching new brands, resorts, residences, retail outlets, spas and museums shops
- spas have a big variety of local techniques & materials
- galleries retail local and indigenous crafts
- spa galleries selling spa products for the use at home
Banyan Tree Koh Samui, Thailand
Company Roots
- eco-friendly from the very first beginning
- first Banyan Tree Resort in 1994
- focus on the journey, discovery and the romance of travel
Your Sanctuary for the Senses
https: //cdn.kiwicollection.com/media/property/PR008440/xl/008440-05-exterior-cliff-view-evening.jpg
Brand Portfolio & Destinations
Our Mission:
- inspiring experience among our guests
- instilling pride and integrity in our associates
- enhancing both the physical and human environment in which we operate
- building a globally recognised brand
Bild-Quelle: http://media.corporate-ir.net/media_files/IROL/20/200797/8_18_2015/Results_Briefing-2Q15.pdf
Thank you for your attention
Sources:
- http://www.banyantree.com/en/
- http://media.corporate-ir.net/media_files/IROL/20/200797/BTH_AR2014_SGX.PDF
- http://investor.banyantree.com/phoenix.zhtml?c=200797&p=irol-stocklookup
- http://media.corporate-ir.net/media_files/IROL/20/200797/8_18_2015/Results_Briefing-2Q15.pdf
- http://media.corporate-ir.net/media_files/IROL/20/200797/Banyan_SR2014_SGX.PDF
Natalie, Juliane, Marc, Ege, Moe, Chris