Abstract (eng)
This thesis shows the different methods of entering international markets in the hospitality industry. In particular, the advantages and disadvantages of entry modes with a low level of shareholder involvement are discussed and analysed. Moreover, this thesis shows the decisive factors for choosing to enter the market. By means of a hotel project study, the process of an international market entry can be shown clearly. A suitable site in Baden, near Vienna, will serve as the basis for the study. The potential of the spa town Baden as the place of establishment for a hotel chain, are presented and analysed. Baden is distinct due to its geographical proximity to the capital Vienna, a popular destination for city trips. A resort hotel with a sales strategy focused on wellness would therefore make economic sense.
A complete analysis of the location, the competition and the market was undertaken to establish the feasibility of such a project. Furthermore, international hotel operators, which have an established distribution system that match the existing criteria, are identified. Important aspects of project development are the various forms of contract opportunities with potential, international operators. Taking into account the requirements of the operator, an option was chosen and the contractual basis developed. Finally, it was assessed whether it is possible to market the project successfully to international operators, and whether the implementation would be economically feasible.