Contemporary Hospitality Industry

Contemporary Hospitality
Industry

Table of contents
■ Introduction
■ PESTLE factors that affects development of hotel
■ SWOT analysis of hotel
■ Impact of external factors on development of hotel
■ Implication of present and political trends
■ Capability to develop products to meet trends
■ Impact of external aspects on political and present trends in development
■ Conclusion
■ References

Introduction
Business is larger as well as wider that it involves
various kinds of companies such as small, medium
as well as large companies. As main objective of
this report is to provide an understanding of
relevance of contemporary business surroundings in
hospitality sector. This presentation is based on
contemporary hospitality industry of The royal
crescent hotel that provides luxurious environment
by having five star services to customers in terms of
Hotel as well as spa in bath.

PESTLE factors that affects development of hotel
It essential for hospitality sector
to carry out external
environment analysis so that
their strategies could be carried
according to that. As PESTLE
analysis of Royal crescent hotel
is as follows:

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Political factors:
It is considered to be a framework that
consists on focusing of various laws for having
a political stability of Hotel as Hotel should
have a political stability due to carrying out
impact of Brexit which is becoming very
competitive in terms of expanding their
operations in different sectors of Asia.

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Economic factors:
This factors generally involves various trade
policies in terms of inflation as well as depression
rate along with because of pandemic situation of
covid-19 there are various high flexible rates for
high tax amount of economy of UK which impact on
creating up business practices in other parts of
world.