The Contemporary Hospitality Industry

THE CONTEMPORARY
HOSPITALITY INDUSTRY

TABLE OF CONTENTS
 The contemporary hospitality industry
 INTRODUCTION
 MAIN BODY
 Examining political, technological, economical, social, technological, legislative and environment
factor that affect industry
 SWOT analysis in order to conduct review decision making
 Impact of external forces upon growth
 Implication current and potential trends
 Ability of organisation business to develop its product and service range to meet current trends
 How external factors influence upon current and potential trends
 CONCLUSION
 REFERENCES

INTRODUCTION
 In report Fairmount hotel industry is taken and whole concept related with hospitality industry is
discussing about.

CONTINUE...
 In detail it covers Examining political, technological, economical, social, technological, legislative and environment
factor that affect industry, SWOT analysis in order to conduct review decision making, Impact of external forces
upon growth, Implication current and potential trends, Ability of organisation business to develop its product and
service range to meet current trends, How external factors influence upon current and potential trends.

EXAMINING POLITICAL, TECHNOLOGICAL, ECONOMICAL, SOCIAL,
TECHNOLOGICAL, LEGISLATIVE AND ENVIRONMENT FACTOR THAT
AFFECT INDUSTRY
 Actual assessment towards political, technological, social, economical, environment and legislative that is mention below-
 Political factor-The factor of political has it stronger presence over the industry through reference of political party so that
it can banned many travelling activity. This has major influence upon tourism activity. This will impact upon country
specific activity of economy or impact upon overall decision making that is taken by the government. They will restrict
overall tax form control upon the reforms of hotel owner while paying tax range.

CONTINUE...
 Economic factor-The hotel focus upon strength and weakness in order to increase overall
attractiveness in respect of hotel due to vacation spot. Example- The industry of international consist
of high form of currency so that more foreign currency visit when dollar consumer went for vacation.