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Contemporary Hospitality Industry: PESTLE and SWOT Analysis, Supply and Demand, Trends

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Added on  2023-01-23

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This presentation provides an analysis of the contemporary hospitality industry, including a PESTLE and SWOT analysis. It also discusses the supply and demand dynamics and the latest trends in the industry. The presentation references relevant studies on customer satisfaction and loyalty in the hospitality industry.

Contemporary Hospitality Industry: PESTLE and SWOT Analysis, Supply and Demand, Trends

   Added on 2023-01-23

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Contemporary Hospitality
Industry
LO3 and LO4
Contemporary Hospitality Industry: PESTLE and SWOT Analysis, Supply and Demand, Trends_1
Table of Content
Contemporary Hospitality Industry: PESTLE and SWOT Analysis, Supply and Demand, Trends_2
PESTLE analysis
Political:
All the political factors are taken in to consideration by Hilton in order to attain
development.
One of the main element of such factors is political instability which affects
business operations of Oddfellows Chester Hotel.
Economic:
All the economic factors such as inflation, deflation, exchange rates are considered
by Hilton Hotel in order to set prices for hotel rooms.
By managers of Oddfellows Chester Hotel economic factors are not focused which
results in decreased profits.
Contemporary Hospitality Industry: PESTLE and SWOT Analysis, Supply and Demand, Trends_3
Continued...
Social:
Behavior, preferences, taste etc. of clients is focused by Hilton Hotel in order to
meet expectations of them.
Managers in Oddfellows Chester Hotel do not focus on social factors which affects
it market image.
Technological:
New and improved technology is used by Hilton Hotel to deliver its services to its
clients which helps to satisfy them.
Oddfellows Chester Hotel do not focus on technological factors which results in
decreased profits.
Contemporary Hospitality Industry: PESTLE and SWOT Analysis, Supply and Demand, Trends_4
Continued...
Legal:
Hilton Hotel comply with governmental policies in order to execute business
operations appropriately.
Managers in Oddfellow Chester Hotel are not able to follow legal while operating
business which affects the development and also increase governmental interference
in company's operational activities.
Environmental:
Hilton Hotel focus on environment safety acts in order to make sure that its
operations does not affect the environment.
Oddfellow Chester Hotel is not able to comply with environment safety acts which
leaves negative impact upon development of hotel by making a bad image in market.
Contemporary Hospitality Industry: PESTLE and SWOT Analysis, Supply and Demand, Trends_5
SWOT analysis
Strengths of Hilton Hotel
Technological innovations.
Global presence
Good brand image
Strengths of Oddfellows Chester Hotel
Loyal customers
Good services
Strong marketing activities
Contemporary Hospitality Industry: PESTLE and SWOT Analysis, Supply and Demand, Trends_6

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