Editor's Note"It's like being too skinny or too rich." That's how Marriott International's Global Brand Officer Tina Edmundson described the impossibiilty of having too many brands to Skift's Senior Hospitality Editor Deanna Ting at the recent Skift Forum Europe in Berlin. That discussion prompted our story today, looking at just how many brands might be too many for hotel companies.
The business landscape is littered with companies that crumbled under the weight of carrying too many brands. The topic has been the subject of many business school case studies as a result. Edmundson and AccorHotels CEO Sebastien Bazin make aggressive arguments in a strong M&A environment for why a multitude of brands serves customers by offering more choice. But be sure to read the section in our story labeled The Case for Less Is Best. Sometimes the strongest loyalties are won by communicating with your customers through the fewest brands. But the trend seems to be going in the opposite direction. — Tom Lowry, Managing Editor |
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