Analysis of Business Management in the Hospitality Industry

Business management

Political factors
Diverse political scenario
Emergence of diplomatic issues
between the countries
Emergence of terrorism
Enhancement of trade and
business agreements

Economical factors
Average purchasing power of the
global customers is increasing
Acquisitions and mergers
Emergence of local brands

Social factors
Providence of personalized
services
Increase in trend of global
tourism
Rapid change in the social
pattern and trend