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Contemporary Hospitality Industry

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Added on  2023-01-23

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Contemporary Hospitality Industry

   Added on 2023-01-23

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Contemporary Hospitality Industry_1
PESTLE of Grosvenor House Hotel
PESTLE analysis is done in order to
evaluate strength weakness and
opportunities from micro environment.
Factors within macro environment are
basically uncontrollable in the nature.
Mentioned below there is a PESTLE
analysis of Hilton Hotel.
Contemporary Hospitality Industry_2
Political factor
Economic stability of UK is balanced from past many years that lead
towards a consistent framework of their policies over a long time period
these help organisations within hospitality Industries to conduct their
operations in best effective and feasible manner.
In addition with this Hilton hotel may face risk of adverse International
relations, political instability and terrorism which may affect their
positioning and Goodwill in a Marketplace.
Contemporary Hospitality Industry_3
Economic factor
United Kingdom has a strong economic system that lead toward fostering
organisational growth in an innovative manner
There are many elements within economic factors such as foreign exchange
rate, inflations, and fluctuations in currency rates that may lead towards
affecting growth rate.
In addition with this it can also lead towards change in the purchasing
behaviour and power of UK customers.
Contemporary Hospitality Industry_4

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