Redefining the European strategy for the 4 brands of a leading European tourism group

Issues

  • Vague differentiation between the positioning of each brand in the portfolio (concept, financial business model, growth potential, business plan)
  • The group needed to provide the financial market with an ambitious yet credible and sustainable growth plan

Goals

  • Brand diagnostics: customer profile, network, geographic distribution, retail, etc.
  • Redefining the brand portfolio as well as each brand's scope, target customers and promise; defining their investment plan and new European retailing format
  • Setting new profitability targets and defining the 5-year strategic plan

Results

  • Earnings poised to quadruple within 5 years, with bank covenants respected in the meantime

Note: Some data have been changed for confidentiality reasons