Contemporary Hospitality Industry

CONTEMPORARY
HOSPITALITY INDUSTRY

TABLE OF CONTENT
 Introduction
 PESTLE Analysis
 SWOT Analysis
 Evaluation of the impacts of external factors
 Current and potential trends
 Develop products and services
 External factors impact on current and potential trends
 Conclusion
 References

INTRODUCTION
The hotel industry appears to be booming. People enjoy travelling,
which is necessary for the company. Hotel Balmoral is put into
consideration in this representation. External elements which have
an effect on the organization are being discussed .Swot analysis is
very crucial because it aids inside the preparation of the
multinational corporation. There really are motivation factors
which helps companies acquire clients, thus the presentation
includes the discussion of latest trend.

CONTINUE.....
This hospitality sector, which encompasses hotel, restaurants and
hotels service, party organizing, amusement parks, arts and
entertainment, is a vast spectrum of industries inside the corporate
world. Resorts, tour operators, restaurants, and pubs are all included.
Meals, accommodation, transportation, tourists, and entertainment
are the five major components of it's industry. The blending of
elements, such as a hotel with a restaurant, theatre, and gift store,
exacerbates the problem

IMPORTANCE OF PESTLE
The PESTLE method is frequently employed as a large-scale evidence
exercise. It aids a company in identifying issues associated that may
have an effect on individual choices. Any business may influence
such elements on its own, but these factors can significantly change
the organization's income.

PESTLE ANALYSIS
This is a structure which aids in understanding external pressures
including its influence on a company's operations. These are all the
macroeconomic elements that provide an influence on the way
businesses operate.