Preview

Virgin Holidays: Company Analysis

Powerful Essays
Open Document
Open Document
3401 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Virgin Holidays: Company Analysis
TABLE OF CONTENTS

PART A
1. Introduction……………………………………………………………………………2
1.1. PESTLE Analysis of Virgin Holidays………………………………………….2
1.2. Five Forces Analysis…………………………………………………………….4 1.3. Critical Success Factor …………………………………………………………5 1.4. BCG matrix for Virgin Holidays……………………………………………….5 1.4.1. BCG Matrix for Virgin Holidays …………………………………………….5
PART B 2. What is Value Chain Framework? ……………………………….......................7
2.1. Supportive Activities……………………………………………………………..7
2.2. Ansoff Matrix of Virgin Holidays………………………………………………9 2.2.1. Ansoff Matrix illustrating Virgin Holidays Business………………………..9 2.3. Core Competencies …………………………………………………………….10 2.4. Threshold and Unique Resources ……………………………………………..10
PART C 3. Final Thoughts (Analysis)………………………………………………………..12 3.1. Overall Strategic Fit (Strengths and weaknesses)……………………………12 3.2. Factors that have Impact on the environment ……………………………….13 3.3. Importance of Factors …………………………………………………………13 4. References………………………………………………………………………...14

PART A
1. Introduction
Virgin is the most famous brand around the world. The virgin group conceived in the year 1970. Mr. Richard Branson is the owner of the company. Virgin Group has expanded their business in media, transportations, financial services, travel, holidays and mobile. Virgin Group has around 300 companies in nearly 30 countries and they have employed 50,000 people in those. Virgin Group has generated the revenue of 11.5 billion Euros in the year 2009. In this paper we will focus solely on the Virgin Holiday company. It is UK based Holiday Company who offers its products in Australia, Africa, Indian Ocean, Caribbean and Middle and Far East. It aimed at delivering the amazing Holidays experience to all of its customers. It was formed in 1985 after the creation of Virgin Atlantic. It works on the Virgin principles of excellent customer service, best quality and best return



References: • The Virgin Group doc, accessed on 28th July, 2011, • Accessed on 27th July, 2011 • Donnelly, E 2008, Sustainability- The Tour Operator’s Role, accessed on 27th July, 2011< www.onecaribbean.org/content/files/eileendonelly.pdf> • Davis, P 2000, Assessing Internal Capabilities, Management Quarterly, Cranfield School of Management • What is value chain analysis? Accessed on 28th July, 2011 • Virgin’s Entry into the New Millennium 2006, accessed on 28th July, 2011

You May Also Find These Documents Helpful

  • Satisfactory Essays

    B120 Tma01

    • 594 Words
    • 3 Pages

    Customers of the Original Travel Company have one primary concern which is to get the highest quality service at the best possible price. Their main contribution is the finances they bring in by ordering a holiday or an adventure with the company.…

    • 594 Words
    • 3 Pages
    Satisfactory Essays
  • Powerful Essays

    Hrm110 Unit 1 Assignment

    • 1041 Words
    • 5 Pages

    In my assignment I am going to tell you why this Cruise Line, Royal Caribbean, has caught my eye for the hospitality segment. I am going to list and explain some trends that are on this cruise that attract people to continue to return to cruises, and usually love them so much. Service on cruises are extremely important as well because of the large number of people in one place, for large periods of time. Cruises can affect many different industries in many different ways, between what the offer on the cruise and the different places they visit. So my goal on this paper is to help explain the role of Cruise Lines in the Hospitality Industry.…

    • 1041 Words
    • 5 Pages
    Powerful Essays
  • Best Essays

    Virgin Train Assignment

    • 3032 Words
    • 12 Pages

    These options serve as the basic framework for creating a marketing strategy along with business strategy of the firm. The travel company Virgin travel international (HTI) is planning to start its operation this year, which will serve products and services in the travel industry. The company will provide its services to the domestic and international tourists. The Dream line has the intention to provide both individual and group travel facilities to the cities in UK to the cities in India. The services that will be included in the package of the tour will include pre-arranges tours, custom packages according to client’s specifications, travel consultation, and as time progresses making reservations for lodging amongst other related services. The travel company Virgin travel international is planning to have a…

    • 3032 Words
    • 12 Pages
    Best Essays
  • Good Essays

    B120 TMA01

    • 541 Words
    • 2 Pages

    The unique hand-crafted holidays of Original Travel mean that the customers that use these facilities stay loyal and continue to use Original Travel as their go-to travel agency. Nick Newbury’s secondary role should be too keep these returning customer’s happy by giving them exactly what they want and making each holiday unique to each client. The article explains to us that more than half of Original Travels multimillion pound income is brought in from returning clientele, whilst 40% of the profits are brought in from the longer holidays that Tim Best Travel offers.…

    • 541 Words
    • 2 Pages
    Good Essays
  • Best Essays

    The marketing plan of Virgin Media is designed to examine the position of the company in the digital television market. According to latest reports from Ofcom the digital television industry is expanding and the number of customers are expected to rise every year. Virgin Media offers the customer with a wide array of choice like interactive TV, Video On Demand and superior technology. The objective of this plan is to describe the major findings and provide recommendations.…

    • 3818 Words
    • 16 Pages
    Best Essays
  • Powerful Essays

    BSBMKG402B Analyse Consumer Behaviour for Specific Markets Assessment PART C - PROJECT Your task is to gather information on the market segment for this product, analyse consumer behaviour within this segment and recommend what marketing strategies Virgin should develop to appeal to this market segment. This must be written in report form. 1. Gather information on the market or market segment for Virgin Hotels in accordance with Virgin’s marketing plan.…

    • 2221 Words
    • 9 Pages
    Powerful Essays
  • Powerful Essays

    This essay will analyze the advertising campaign of Virgin Atlantic 2010. Richard Branson founded Virgin Atlantic in the early 1980s. Originally it was called British Atlantic Airways, later changed to Virgin Atlantic Airways. The first flight was from Gatwick to Netwark on the 22nd of June 1984 (Virgin Atlantic, 2012). The company launched a £6 m advertising campaign in 2010, which was James Bond themed (Guardian, 2010). The new advertisement helped the company recover from the recession. Now I will examine how exactly it was achieved and what methods were used to obtain the best performance of the advertisement.…

    • 2942 Words
    • 12 Pages
    Powerful Essays
  • Powerful Essays

    The author has been assigned to create a report on Virgin Atlantic that should evaluate current practice of Virgin Atlantic and make recommendations that could help the company grow. This report will also include a Marketing Plan for Virgin Atlantic. In this report there will be an evaluation of their marketing practices including the marketing mix, with reference to theories and the current practices of Virgin Atlantic.…

    • 4528 Words
    • 19 Pages
    Powerful Essays
  • Powerful Essays

    The travel and tourism company is dynamic and a lot of new products are being continually being made in order to meet peoples needs and expectations. The development of the mass tourism market has been largely due to introducing innovative travel products and services - domestic, inbound and outbound tourism. Another development was ‘all inclusive packages’. Also packages have been set up for sport for example football and golf.…

    • 4329 Words
    • 18 Pages
    Powerful Essays
  • Powerful Essays

    * Discontinue manufacturing of new ships and focus instead on renovating older ships and making them more safety oriented while adding the extra amenities cruise ship passengers look for…

    • 3343 Words
    • 10 Pages
    Powerful Essays
  • Good Essays

    Marks and Spenser is the largest retailer in UK, and 43rd in the world. The company owns more than 1103 stores, of which 703 - in the UK, and the remaining 400 in 44 other countries (Marks & Spencer, 2013). M&S has been known as a manufacturer of clothing, but since the 2000s, the company developed in other areas, including: food, household good, financial services. In 1998, M&S became the first British retailer profit of which exceeded £ 1 billion (Bevan, 2002). This essay will focus on origin and key developments. Also, it will touch on strengths, weaknesses, opportunities and the threats the organization faces.…

    • 992 Words
    • 4 Pages
    Good Essays
  • Best Essays

    Value Chain Analysis is one of the methods of analysis of the strategic potential of the company, which is a "resource approach", which sources of success the company is looking for in the company. Value chain on the one hand refers to the economic path and then to organizational theory and analysis of the internal value chain of the company. The internal value chain, in turn, consists of basic and auxiliary functions.…

    • 3847 Words
    • 16 Pages
    Best Essays
  • Powerful Essays

    The Virgin brand name is highly respected, nonetheless, and the core constituent that drives the success of all the operating companies. Motivated by the group’s underlying focus on quality, innovation and differentiation efforts, the Virgin group has been very successfully in diversifying its businesses. However, at this moment, we are asked to pinpoint when diversification is too much. A brief core competency analysis shows that the Virgin group boasts core competencies that span across all the operating companies. Most remarkable, of course, is the influence of Mr. Branson’s…

    • 2400 Words
    • 10 Pages
    Powerful Essays
  • Powerful Essays

    According to Lu & Hung (2010), the competiveness of a firm is dependent upon the competiveness of the value chain in which it belongs. The evaluation of the critical concepts that a value chain creates is vital to the competitive edge of the firm. A firm that effectively creates their value chain will have an gain on a firm that does not comprehend the significance of a value chain. An organization must appreciate the importance of their customers and recognize that they are a vital part of their value chain. This can be done by:…

    • 1614 Words
    • 7 Pages
    Powerful Essays
  • Satisfactory Essays

    Thomas Cook (India) Ltd (TCIL) is the rule engaged travel and travel related exchange related affiliations relationship in for spendable mixture the nation offering a clearing level of affiliations that join Foreign Exchange, Corporate Travel, MICE, Leisure Travel, Insurance, Visa & Passport affiliations and E-Business. The affiliation set up its first office in India in 1881.TCIL's foot formed impression beginning now contacts more than 234 regions (checking 23 air terminal counters) in 96 urban locale crosswise over India, Mauritius & Sri Lanka and is bolstered by an in number extra strategy of 110 Gold Circle Partners and 112 Preferred Sales Agents in more than 134 urban ranges transversely over India. ICRA has doled out entire arrangement…

    • 1206 Words
    • 5 Pages
    Satisfactory Essays