Hampton Inn may appear unassuming, with its uniform architecture and standardized interiors. But it ranks among the most profitable hotel brands globally. Founded in 1984 to offer a middle ground between luxury hotels and aging motels, Hampton says it focused on value, consistency and guest satisfaction. After Hilton acquired the brand in 1999, it expanded to more than 3,000 locations and now outperforms major competitors in the midscale segment. Its success is driven by scale, reliability and -- surprisingly -- waffles.
This is a fantastic article that every Business Management student should look at - Sarah Butler looks at how Tesco has quietly enhanced its position as grocery retail market leader, with market share up to 28.3% from 26.5% in 2020, largely as a result of smaller stores and online retail. The latter means that Tesco is responsible for 37% of all online grocery sales.
The other things that are also highlighted are the power of Clubcard and how Tesco might better leverage this, and the low profit margin that the company has as a result of the competitiveness of the UK grocery sector.