Traditional Culture Encyclopedia - Hotel franchise - Hotel brand elements
Hotel brand elements
Tangible elements of hotel brand
Tangible elements are the foundation of a brand.
Intangible elements of hotel brand
Goodwill (reputation) and service
Goodwill refers to the business reputation of an enterprise, which is often reflected by logo. Goodwill is a comprehensive reflection of a hotel's management level, personnel quality, food quality, service level, popularity, credibility, reputation, status and influence among peers.
Goodwill is an intangible asset with economy, which can affect the rate of return of enterprises and may bring excess profits. At the same time, it is dependent and must be attached to a specific business entity, and its economic value can be reflected through the overall operation of the enterprise.
Service is a promotional product of the hotel, and the purpose of selling vegetables is achieved through service. Therefore, the quality of this promotional product is related to the sales level of the hotel.
Goodwill and service are the core of hotel brand.
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