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Euphoria Stay Spa

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Title: Euphoria Stay Spa


1
Euphoria Stay Spa
  • Amanda Spinney
  • Kaitlin Conz
  • Amish Dholakia
  • Gerri Manley
  • Kathryn Kirkcaldy
  • Megan Burritt

2
Euphoria Stay Spa
  • Luxury lodging and spa facility
  • Located in Portland, ME
  • Dedicated to delivering highest quality and most
    innovative spa services
  • Creating a comfortable and relaxing environment
    for our guests
  • Relax, Restore, Rejuvenate!

3
Our Facility
  • 3 spa rooms and 5 bedrooms
  • Each bedroom includes
  • Full bath (with Jacuzzi tub)
  • King sized Bed
  • Cable television
  • Basic amenities
  • Each spa room includes
  • Full equipment needed for all services

4
Spa Services
5
Lodging
6
The Little Extras
  • Complimentary Brunch
  • 9am to 11am
  • Spa-tinis
  • Sparkling cider and chocolate covered
    Strawberries
  • Fresh fruit, etc.

7
Target Market
  • We will be targeting our services towards
  • Households incomes over 125,000
  • Groupings such as
  • Mother/Daughter couples
  • Groups of friends (especially females)
  • Romantic partners
  • Target age group (35-55)

8
Operations
9
Personnel
  • Lodging Services
  • One head chef (full time)
  • Two line cooks/servers (part time)
  • Three front office agents (full time)
  • Two maids for housekeeping (part time)
  • Maintenance man (on call)
  • Spa Services
  • Two massage therapists (part time)
  • Esthetician (part time)

10
Growth Strategy
  • Related Diversification
  • Combining the spa and hotel industry
  • Communication within all segments of the business
    are vital to our success
  • Will create a culture of teamwork by providing
    coaching to all team members.
  • Will lead to higher customer satisfaction

11
Marketing and Promotion
  • Will market our services through
  • Local Newspapers
  • Chamber of Commerce
  • Word of mouth
  • Partnerships with local businesses
  • Coupons and special packages
  • Mother/Daughter Retreats
  • Wine Weekends
  • With Love

12
Our Competitors
  • The Portland Regency
  • Premiere full service spa hotel with 95 rooms
    that include many services on location as well as
    many attractions in the surrounding area.
  • The Inn at St. John
  • Convenient bed and breakfast close to the airport
    with 35 rooms that provide amenities and a
    comfortable environment.
  • Portland Maine Bed and Breakfasts
  • Well known chain of bed and breakfasts that
    dominates the market with basic offerings.

13
Competitive Advantage
  • Focus
  • Unique to the market (competing in both the spa
    and hotel industries)
  • New and improved type of overnight retreat
  • Attention to detail
  • Able to cater to all customers needs without
    spreading ourselves too thin

14
(No Transcript)
15
Exit Strategy
  • Separate ourselves from our differentiated
    business by sustaining our lodging operation
  • More space will be available to allow us to
    operate at lower costs
  • No spa services will also lead to less employees
    to pay
  • If our lodging services fail, we will liquidate
    our assets, including our building.
  • If selling our building is unsuccessful, we will
    rent out our space

16
Investment
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