Is traditional marketing mix still suitable for hotel banquets? An empirical study of banquet marketing in five-star hotels

Are traditional marketing mix strategies still suitable for hotel banquet marketing? Using the binary logistic regression analysis method, this study used 763 banquet sales records at the Quanzhou Hilton Hotel to comprehensively test the influence of traditional marketing mix strategies on banquet m...

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Main Authors: Jie Yin, Sha Fang, Yun Cheng
Format: Article
Language:English
Published: Frontiers Media S.A. 2022-09-01
Series:Frontiers in Psychology
Subjects:
Online Access:https://www.frontiersin.org/articles/10.3389/fpsyg.2022.973904/full
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author Jie Yin
Sha Fang
Yun Cheng
author_facet Jie Yin
Sha Fang
Yun Cheng
author_sort Jie Yin
collection DOAJ
description Are traditional marketing mix strategies still suitable for hotel banquet marketing? Using the binary logistic regression analysis method, this study used 763 banquet sales records at the Quanzhou Hilton Hotel to comprehensively test the influence of traditional marketing mix strategies on banquet marketing effects. By focusing on new marketing methods (such as video, the Internet, and WeChat marketing), this study tested the effectiveness of traditional marketing strategies in the new media era. The findings revealed that a combination of products is easier to market than a single product, whereas price is still a key factor in hotel banquet marketing. However, sales channels and personal identity have no significant effects on banquet marketing. Finally, based on the failure cases analysis, this study proposed a feasible path for promoting banquet marketing.
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spelling doaj.art-fbe603eb0cea4ceda8c5535233182e2c2022-12-22T03:18:36ZengFrontiers Media S.A.Frontiers in Psychology1664-10782022-09-011310.3389/fpsyg.2022.973904973904Is traditional marketing mix still suitable for hotel banquets? An empirical study of banquet marketing in five-star hotelsJie Yin0Sha Fang1Yun Cheng2College of Tourism, Huaqiao University, Quanzhou, ChinaCollege of Management, Shenzhen Polytechnic, Shenzhen, ChinaCollege of Tourism, Huaqiao University, Quanzhou, ChinaAre traditional marketing mix strategies still suitable for hotel banquet marketing? Using the binary logistic regression analysis method, this study used 763 banquet sales records at the Quanzhou Hilton Hotel to comprehensively test the influence of traditional marketing mix strategies on banquet marketing effects. By focusing on new marketing methods (such as video, the Internet, and WeChat marketing), this study tested the effectiveness of traditional marketing strategies in the new media era. The findings revealed that a combination of products is easier to market than a single product, whereas price is still a key factor in hotel banquet marketing. However, sales channels and personal identity have no significant effects on banquet marketing. Finally, based on the failure cases analysis, this study proposed a feasible path for promoting banquet marketing.https://www.frontiersin.org/articles/10.3389/fpsyg.2022.973904/fullfive-star hotelsbanquet marketingmarketing effectsignaling theorymarketing mix strategies
spellingShingle Jie Yin
Sha Fang
Yun Cheng
Is traditional marketing mix still suitable for hotel banquets? An empirical study of banquet marketing in five-star hotels
Frontiers in Psychology
five-star hotels
banquet marketing
marketing effect
signaling theory
marketing mix strategies
title Is traditional marketing mix still suitable for hotel banquets? An empirical study of banquet marketing in five-star hotels
title_full Is traditional marketing mix still suitable for hotel banquets? An empirical study of banquet marketing in five-star hotels
title_fullStr Is traditional marketing mix still suitable for hotel banquets? An empirical study of banquet marketing in five-star hotels
title_full_unstemmed Is traditional marketing mix still suitable for hotel banquets? An empirical study of banquet marketing in five-star hotels
title_short Is traditional marketing mix still suitable for hotel banquets? An empirical study of banquet marketing in five-star hotels
title_sort is traditional marketing mix still suitable for hotel banquets an empirical study of banquet marketing in five star hotels
topic five-star hotels
banquet marketing
marketing effect
signaling theory
marketing mix strategies
url https://www.frontiersin.org/articles/10.3389/fpsyg.2022.973904/full
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AT yuncheng istraditionalmarketingmixstillsuitableforhotelbanquetsanempiricalstudyofbanquetmarketinginfivestarhotels