Full text: The model stock plan

214 THE MODEL STOCK PLAN 
quick-lunch restaurants. The hotel supplies a profitable 
share of the trade of these less expensive outside eating 
establishments. 
The traveling public and a large share of other people 
would, in general, rather eat at a good hotel than anywhere 
else. But because the hotels ignore the Model Stock Plan 
principle of pricing, they drive this trade away. 
If the hotels would adopt the Model Stock Plan and its 
three full lines, they would have special restaurants for their 
de luxe and highest full-line customers. They would serve in 
their largest dining rooms at prices that would meet and beat 
in service and prices any competition for the best-selling 
level of mass trade. They would have cafeterias, lunch 
counters, and the like for the cheapest full-line trade.! 
One of the reasons that has kept the hotels from realizing 
the golden possibilities of these opportunities is that they 
are afraid it may detract from the general reputation of the 
hotel. But a good many hotels of very high reputation are 
beginning to go pretty far along this line. Of course, there 
will always be some de luxe hotels that will have only de luxe 
restaurants. 
Another idea along the same line: one of the curious phe- 
nomena that is difficult to understand is that the hotel people 
should allow the automobile tourist camps to grow up every- 
where. This could never have happened if the hotel people 
had been applying the Model Stock Plan principles.2 The 
hotels’ high prices have forced a large share of all automobile 
tourists into uncomfortable quarters with too limited service. 
If the Model Stock Plan is applied to this question, we 
should ascertain just how much an automobile tourist can 
! Already this trend is being manifested in a limited way by the erection 
of new hotels which are particularly designed to permit lower prices for 
excellent food but less elaborate service. Some of the outstanding successes 
among chain hotels are those catering to the cheapest full-line and the best- 
selling full-line trade. Far more can be accomplished in this direction when 
the full force of the Model Stock Plan is brought to bear on the problem. 
% As this is written it has just come to my attention that at least one of the 
hotel trade publications, Hotel M anagement, is carrying on an active cam- 
paign for the operation and management of the high-grade automobile 
tourist camps by local hotels to cater to this class of trade at the cheapest 
full-line price.
	        
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