Asian Journal of Development Matters
  • Year: 2011
  • Volume: 5
  • Issue: 1

Customer Relationship Management in Star Category Hotels in Mysore

  • Author:
  • Ali Reza Mahnam, M.L. Ashoka
  • Total Page Count: 6
  • Page Number: 8 to 13

***Department of Studies in Commerce, University of Mysore, India. mahnam77@gmail.com

Department of Studies in Commerce, University of Mysore, India

Abstract

With increased globalization, competition, higher customer turnover, growing customer acquisition costs and rising customer expectations, CRM is very important for several companies and received an increasing amount of interest among scholars and practitioner especially in recent years. In hotel industry CRM application with more satisfied and loyal guests bring a lot of benefits such as increasing in the rate of retention, revenue and profitability, reducing internal costs and marketing costs, improving customer services, market share growth and marketing methods in Star Hotels of Mysore and elsewhere.

Keywords

Customer Relationship Management, Need for CRM, Star Category Hotels in Mysore, Application of CRM in Star Category Hotels in Mysore