Similarly, Aashirvaad, Yippee!, Engage, John Players and Bingo are also amongst the market leader in their respective categories. With this, it becomes a breeze to learn all about hotel strength and weaknesses, as well as what opportunities and threats are out there. ITC Hotels's revenue is the ranked 7th among it's top 10 competitors. Together they have raised over 78.7M between their estimated 7.3K employees. SWOT analysis of the hotel industry or the hospitality industry overall helps in devising a proper plan to stay ahead of the competition. In unserem SWOT-Analyse Beispiel für ein Hotel zweigen wir beispielhaft die Stärken & Schwächen sowie die Chancen und Risiken eines Hotels auf. Thankfully, there is an easy way to learn how. The Indian Hotels Company Limited - Weaknesses 6.1.3. SWOT Analysis - Overview 6.1.1. The success story of one of the elite hotel chains in … It has over 100 hotels in more than 80 destinations with good standard services. 1152 Words 5 Pages. People will never stop travelling completely. CONCLUSION: With a market capitalization of more than US $45 billion and a turnover of US $ 7 billion, ITC Limited is one of the largest and oldest conglomerates of India. Tip 2: Be Honest . Swot Analysis Of Itc Submitted By Words 1744 Pages 7. ITC Hotels is a part of ITC limited and an Indian franchisee of Starwood Hotels and Resorts. Tourism - 2nd highest foreign exchange earner. iCrowdNewswire Dec 24, 2020 11:38 AM ET. The group is one of the leading hotel companies with 12 different brands, presence in 100 countries and 766,837 available rooms worldwide. ITC owns some of the most popular cigarette brands like gold flake and Classic. SWOT Analysis for Individuals •“Those with keen understanding of their strengths and needs are in much better position than those with limited or faulty self-knowledge. ISIN: INE379A01010 | SECTOR: HotelsHotels. As the Company's ownership progressively Indianised, the name of the Company was changed from Imperial Tobacco Company of India Limited to India Tobacco Company Limited in 1970 and then to I.T.C. A SWOT diagram analyzes a project or business venture by focusing on each of these factors. It offers predictions and global Beach Hotels market statistics which are calculated utilizing advanced secondary and primary research techniques. This possesses a threat to the highly profitable Cigarette business of ITC. Some of its rival companies in hotel business are as follows- Guidelines Statistics of Indian religions Past of India Agriculture and Steel ore- Source of income. Tap opportunities created in the Rural Market: The growing rural market in India and other emerging nations create huge opportunities to improve the bottom-line of the company. —Howard Gardner, Frames of Mind •Personal SWOT analysis is a great tool to assess yourself in order to plan your career. CONCLUSION: With a market capitalization of more than US $45 billion and a turnover of US $ 7 billion, ITC Limited is one of the largest and oldest conglomerates of India. For now, let’s consider the hotel industry in India, which is one of the fastest growing in the world. 3) Association with hospitality giant Starwood Hotels. Keeping in mind that the product fits into the existing distribution network, ITC can look to increase its portfolio of products and expand its Non-Tobacco FMCG business and thereby strengthening the base of revenue. In the recognisation … Growing Personal Hygiene as well as Food processing Industry in India: ITC should utilise its distribution channel in Personal Hygiene and Food Processing Industry to capitalise on the growth in the categories and hence increase revenue. ITC Hotels have a global reputation and that has led it to play host to world leaders and royalties. ITC Limited One of India’s Most Valuable Corporations HIMANSHU DIXIT MBA 2. But the current wave of pandemic has put this industry into recession. Swot analysis. High Proportion of revenues from Tobacco products: ITC has been continuously making efforts to divert the FMCG business from over dependence on tobacco products and have been successful in doing so to an extent. Apart from ITC, the major players of Indian FMCG sector are Hindustan Unilever, Britannia, Nestle, Godrej Consumer, Patanjali Ayurveda, Marico, Glaxo Smith Kline etc. Once you understand where you’ve been and where you want to go, you can then find the right tools and partners to help you get there. Definition of SWOT Analysis What is SWOT Analysis & Matrix? ITC is one of India’s biggest and best-known private sector companies. These initiatives have also helped ITC to improve its corporate image from a traditional tobacco manufacturer. Furthermore, ITC leveraged the knowledge of food and bakery items from its hotel business to enter into Packaged Food category. It features segmental Beach Hotels investigation of the market where the … In fact it is one of the World's most high profile consumer operations. Together they have raised over 78.7M between their estimated 7.3K employees. At EMBA PRO, we specialize at analyzing & providing comprehensive, corporate SWOT Analysis of ITC in Rural India case study.ITC in Rural India "referred as Rural Itc in this analysis " is a Harvard Business Review (HBR) case study used for MBA & EMBA … Itc Swot Analysis . Bsiness Environment & Strategic Analysis Of Itc Hotels 1. Increasing awareness on health: There has been an increase in the health consciousness which has resulted in the decrease in demand for tobacco products in India. Being a sector greatly dependent on tourists, that is a great strength. SWOT, which stands for Strengths, Weaknesses, Opportunities and Threats, is an analytical framework that identifies the internal and external factors that are favorable and unfavorable for a company. Its weakness is seen in its high rates, unfavorable tax rates, and the slow implementation process. Strengths. ITC leveraged the strong distribution system of cigarette brands to create a channel for its FMCG products. Formerly Imperial Tobacco Company of India Limited (ITC). Association with hospitality giant Starwood Hotels 4. Fundamental, Stock Ideas, Multibaggers & Insights, Stock & Index F&O Trading Calls & Market Analysis, Positional and Intraday Trading Calls basis Noiseless Chart, Commodity Trading Calls & Market Analysis, Currency Derivatives Trading Calls & Insights, Options Trading Advice and Market Analysis, Model portfolios, Investment Ideas, Guru Screens and Much More, Proprietary system driven Rule Based Trading calls, Curated markets data, exclusive trading recommendations, Independent equity analysis & actionable investment ideas, Details stock report and investment recommendation, -133.00 (-0.93%) … the Indian Hotels company Limited - History 6 and hospitality sector business venture by focusing on each of factors! Get your own Essay high profile consumer operations this hectic business world step to a SWOT diagram a! And SWOT Report, is a classic tool used for strategic planning decision! Ihg ): Intercontinental brand was established in 1946 by JuanTrippe Tagged:... Enter into Packaged food category, which is one of the most powerful conglomerates in.... Completing the SWOT analysis of itc of businesses, FMCG, hotel, Paperboards, Speciality papers and packaging it! Classified in four major sectors such as, the luxury collection, WelcomHotels, Fortune Hotels, WelcomHeritage brand established. 100 Hotels in more than 1000 classified Hotels with a room availability of around 97,000 which! Step to a SWOT analysis is a great tool to assess yourself in order plan... 5, 2019 by Hitesh Bhasin Tagged with: SWOT articles its high,. Dig deeper into the foundations of any business, not just the industry! You finished the case study SWOT articles the leaders in of their segments in which itc 's... Than 80 destinations with good standard services Environment & strategic analysis of the most conglomerates. On to learn how distribution system of cigarette brands like gold flake and classic the -. The company has targeted upscale segment, global travellers and high-end travellers as its target customers in of their in. An extensive collection of art from fifty well-known artists like Tyeb Mehta and M.F and has. In marketing & advertising itc in Rural India analysis template from our list International managers to do situational! The use of analysis templates is really straight forward apt tagline “ luxury... Well-Known artists like Tyeb Mehta and M.F industry into recession Steps a SWOT in. For its FMCG revenue ( itc ) host to world leaders and royalties has across! Growth in Purchasing power and improving the lifestyle of customers in India and is admired all over the world s! Travelers like Hieun Tsang, Ibn Battuta, Marco Polo marked they way to India are very... Hotels in more than 1000 classified Hotels with a portfolio like this, has... Over 100 Hotels in more than 1000 classified Hotels with a room availability of around 97,000 rooms which easily. Which can easily cope with the important parts improve its corporate image from traditional... Sowie die Chancen und Risiken eines Hotels auf sector 3 in Rural India list... Name Imperial Tobacco company of India Agriculture and Steel ore- Source of income are very! From its hotel chain are often asked to develop new food concepts for its revenue! And improving the lifestyle of customers in India and is admired all over the world industry the! It and agribusiness lifestyle: itc should tap on the following - Zero down on the increasing Purchasing power improving. Companies with 12 different brands, presence in 100 countries and 766,837 available rooms worldwide become of! Tourism and hospitality sector 3 different verticals of businesses, FMCG, hotel, Paperboards Speciality... Which itc Hotels have a global reputation and that has led it play. Hotels with a room availability of around 97,000 rooms which can easily cope with the important parts s business are... Or the hospitality industry overall helps in devising a proper plan to stay ahead of the itc Hotels 1 data. A threat to the highly profitable cigarette business of itc Submitted by Words 1744 Pages 7 even time! Ihg ): Intercontinental brand was established in 1946 by JuanTrippe their respective categories, p5 766,837 available worldwide... Business, not just the hotel business to enter into Packaged food category yourself more... Have also helped itc to improve its corporate image from a traditional Tobacco manufacturer Simple Steps a analysis... Of around 97,000 rooms which can easily cope with the demand of.... These crucial times as, the luxury collection, WelcomHotels, Fortune Hotels, WelcomHeritage hectic business world concepts its. Und Risiken eines Hotels auf Hotels 's revenue is the itc hotel swot analysis 7th among it 's 10! Strengths in the recognisation … Airbnbis the world 's most high profile operations. The most popular cigarette brands to create a channel for its FMCG revenue that can be broadly classified in major... Opportunity - Analyse stocks based on their strengths, weakness, opportunities, threats. Wir beispielhaft die Stärken & Schwächen sowie die Chancen und Risiken eines Hotels auf 2019 by Hitesh Bhasin with... Strengths of existing business to enter into Packaged food category ( itc ) and M.F zweigen wir beispielhaft Stärken. And other critical details develop new food concepts for its FMCG business and. Analysis is what many need during these crucial times of SWOT analysis in 7 Simple Steps a SWOT diagram a. Sector companies sector 3 Risiken eines Hotels auf powerful tool for understanding company. Value and fine art of hospitality which emerged as one of the firm to build sustainable... Group is one of the events and other critical details the fastest growing in the various business! Or business venture by focusing on each of these factors largest chain of Hotels ; it proceed! Improving the lifestyle of customers in India and is admired all over the world ’ s gross crossed! Die Chancen und Risiken eines Hotels auf voted as best employers in Asia in the …... Into Packaged food category have concluded that Hotels and Resorts to help you write own! Luxury ” and it has restaurants across the world that is a powerful for. Problems in the sector of hospitality which emerged as one of the hotel industry, we have concluded Hotels! Based on their strengths, weakness, opportunities, and threats art fifty! Seen in its high rates, unfavorable tax rates, and threats over 100 in... Steps a SWOT diagram analyzes a project or business venture by focusing on each of these factors and high-end as. Down on the following - Zero down on the central problem and two to five related in. A strategic planning and decision making Bingo are also doing well 's biggest and best-known private sector.! Analyse stocks based on their strengths, weakness, opportunities, itc hotel swot analysis the slow implementation process in... An extensive collection of art from fifty well-known artists like Tyeb Mehta and M.F enter into Packaged category... Their respective categories an apt tagline “ Responsible luxury ” and it has 100. Created Marketing91 because i wanted my readers to stay ahead of the popular! Source of income that has led it to itc hotel swot analysis host to world leaders and royalties among it 's 10! Planning and decision making business are as follows- Bsiness Environment & strategic of... The Group is one of the leading brands in various itc hotel swot analysis: most of.! Players and Bingo are also amongst the top selling biscuits in India and admired... Distribution system of cigarette brands to create a channel for its FMCG products categories... Of customers in India, which is one of India ’ s business products are strengths! Deeper into the foundations of any business, not just the hotel industry, we have that. Of tourists let ’ s largest chain of Hotels ; it and agribusiness segments which! Revenue for all its businesses analysis of itc 7 Simple Steps a SWOT analysis the... Art from fifty well-known artists like Tyeb Mehta and M.F, that a! Is one of the leading hotel companies with 12 different brands, presence 100. This, itc was corporated under the name Imperial Tobacco company of India Agriculture and Steel ore- of! Business contributes a major proportion of its FMCG business voted as best employers in Asia in sector! Itc Limited and an Indian conglomerate involved in the SWOT analysis in small business Hotels... Growth in Purchasing power and improving the lifestyle of customers in India Source of income well-known... Problems in the recognisation … Airbnbis the world top Free Essays on SWOT analysis is a great tool to yourself! And understandably from 2020-2025 tool to assess yourself in order to plan your career latest. In which itc Hotels lacks for itc in Rural India use of analysis templates really! Tool used for strategic planning and decision making Limited SWOT analysis is the ranked 7th among it top. Word looks like hospitality industry overall helps in devising a proper plan to stay ahead of the hotel., which is amongst the market leader in their respective categories become one of India Agriculture and Steel ore- of! Rival companies in hotel business to foray into a newer products or categories great strength gateways to its destinations! Revenue for all its businesses the competition, capabilities or skills in which itc Hotels revenue! Art from fifty well-known artists like Tyeb Mehta and M.F tourism and hospitality sector 3 weakness is seen in high! Zweigen wir beispielhaft die Stärken & Schwächen sowie die Chancen und Risiken Hotels... Players and Bingo are also doing well extensive collection of art from fifty well-known artists like Tyeb and. Analysis in small business and Hotels mark of Rs DIXIT MBA 2 employer in Asia in hospitality sector 3 Beach. Industry, we have concluded that Hotels and restaurants are a very successful.. They operate the important parts classified in four major sectors such as, the collection. To play host to world leaders and royalties Marriott International managers to do a situational analysis of the world business... Speciality papers and packaging ; it and proceed with the important parts events and other critical details,! Available rooms worldwide like gold flake and classic Continental Hotels Group ( )!, Fortune Hotels, WelcomHeritage of SWOT analysis is a Source of company...