Impact of External Factors on Development of Organizations in the Hospitality Industry

TABLE OF CONTENT
INTRODUCTION
MAIN BODY
PESTLE Analysis
SWOT analysis
Impact of external factors on development of organizations
Implications of current and potential trends
Evaluation of ability of hospitality business to develop
products and services
How external factors impact on current and potential trends
and developments
CONCLUSION
REFERENCES

CHESTERFIELD MAYFAIR HOTEL

INTRODUCTION
The term hospitality industry determines that they
should provide better services to their customers with
enjoyable experiences.

PESTLE ANALYSIS
 Political
 Economic factors
 Social factor
 Environmental
 Technological
 Legal

Political: With context to Chesterfield Mayfair hotel,
It is largely dependent upon government regulation
of nations.
Economic factors Foreign exchange rate are other
factor of economy which will affect capability of
foreign travelers to improve hotel services.
Social factors Social media platforms are able to
exchange experience and skills that should be
create a pressure to travel.