BeautifulPlaces is case study subject at MIT’s Sloan School of Management
March 8th, 2005
BeautifulPlaces, a Wine Country-based lodging company that manages high-end
Napa and Sonoma home rentals to vacation travelers, was recently the subject a
business case study at MIT Sloan School of Management at Massachusetts
Institute of Technology in Cambridge, MA.
The study, "Strategic Market Segmentation Analysis and Positioning Statement
for BeautifulPlaces," was submitted by four students at the school. The
paper discussed BP’s customer segments and their revenue-generating
potential.
The case study, which earned an A, named "Epicurean Travelers" and
"Affluent Baby Boomer Groups" as the most attractive market segments"
for BP in the $117.6 million Napa and Sonoma lodging market.
The study noted that by offering concierge services and by encouraging
families or groups of friends to split the cost of rentals, BP makes an
especially strong appeal to both segments.
BeautifulPlaces was established in 2003 and now represents 50 properties in
the two Wine Country counties.
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