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ID number:810882
 
Evaluation:
Published: 03.10.2004.
Language: English
Level: Secondary school
Literature: n/a
References: Not used
Extract

INTRODUCTION
The board of a small hotel group in Dorset and Hampshire need to select a pricing strategy for their new brochure. Dorset and Hampshire is a seasonal area with a higher occupancy in the summer time then the winter. This would have an effect on the pricing strategy eventually chosen. Pricing is the only element of the marketing mix that does not represent cost. Therefore it is very important to gain the correct strategy otherwise the business can loose revenue or face closure. There are different pricing methods involved, these are, cost orientated pricing, market orienta…

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