The Contemporary Hospitality Industry: External Factors, SWOT Analysis, Trends, and Business Objectives

Contemporary Hospitality Industry
Task 3 &TASK 4

TABLE OF CONTENTS
Introduction
External environmental factor
SWOT analysis
Evaluate impact of external factor on development of organisational operating within hospitality
industry
Appraise implication of current and potential trends in hospitality industry
Evaluate ability of hospitality business to develop products and services to meet business
objectives
Critical evaluate external factors impact on current and potential trends and development in
hospitality industry
Conclusion
References

INTRODUCTION
Hospitality industry is one of the significant and wide service industry which is associated with
providing verity of services such as lodging, food and beverage and many more. Hospitality
industry is wholly dedicated into identifying needs and demands of their customers and
satisfying the same by providing them prominent services

External environmental factor
Political factor: These factors are linked with political stability of the
country. In the terms of hospitality industry UK is having supportive
measures as this industry is giving higher revenue to the nation. UK is
charging higher taxes from hotels and restaurant which is the major
reason of national growth.