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Contemporary Hospitality Industry

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Added on  2023-01-23

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This presentation provides insights into the contemporary hospitality industry, including macro environment factors, SWOT analysis, implications of current trends, and the influence of SWOT analysis in decision-making. It also explores the factors affecting supply and demand for Holiday Inn and Travelodge. The presentation concludes by emphasizing the importance of PESTLE and SWOT analysis, as well as staying updated with industry trends.

Contemporary Hospitality Industry

   Added on 2023-01-23

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Contemporary Hospitality Industry
Contemporary Hospitality Industry_1
Cover Content
Introduction
Macro environment factors and their impacts on hospitality industry
SWOT analysis of a hospitality organisation
Influence of SWOT in decision-making
Contemporary Hospitality Industry_2
Cont....
Implication of current and potential trends affecting the hospitality industry
Ability of Holiday Inn to develop products and services that will meet current trends
Conclusion
References
Contemporary Hospitality Industry_3
Introduction
Hospitality industry plays very important part in economic development of nation as it attracts a
large number of travellers towards nation and provide them better facilities and satisfaction.
Present presentation is based on an exhibition that is conducted for school pass-outs so that they
can make their career in hospitality industry. Along with it, an organisation is also taken so as to
complete this project which is Holiday Inn that was founded in 1952 and headquarters are situated
in Denham. PESTLE and SWOT analysis along with implications of current and potential trends
in hospitality sector will also described in this presentation.
Contemporary Hospitality Industry_4
Macro environment factors and their impacts on
hospitality Industry
Pestle analysis is used by organisation in order to
determining the impact of macro-environmental
factors on business operations. With the help of it,
These organisation can determine the factors that
can influence productivity and performance in
market. This model is discussed in further slides
Contemporary Hospitality Industry_5
Cont....
Political: This factor comprises of stability of government, political conditions etc. that can poses impact on
growth and success of hospitality organisation in positive or negative manner. Positive or negative impacts of
this factor on both organsiations are defined as below:
Basis Holiday Inn Travelodge
Positive Stability of UK government and constancy
of tax rates is providing support to Holiday
Inn in terms of improving their profitability
and growth.
Presence of organisation in several nations can
become profitable for the growth and
sustainability of organisation.
Negative Due to Brexit, government policies such as
tax duties are changing on continuous basis
in European countries which have created
challenges for hospitality organisations such
as Holiday Inn in terms of earning
profitability
Travelodge is facing large number of issues just
because of trade regulations which are framed
by UK government for hospitality industry.
Contemporary Hospitality Industry_6

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