3. Which factors should be raised well above the industry standard? As seen in formule 1s value...

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3. Which factors should be raised well above the industry standard? As seen in formule 1’s value curve

(figure 4.12) the following factors were raised above the relative level of the one- and two-star hotels:

● the bed quality

● hygiene

● room quietness.

The price performance was perceived as being at the same level as the average one-star hotels.

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Global Marketing

ISBN: 139286

6th Edition

Authors: Svend Hollensen

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