Impact of Macro Environmental Factors on the Working of Hospitality Industry

Contemporary Hospitality Industry

 Introduction
 Impact of Macro Environmental Factors on the Working of Hospitality Industry
 SWOT Analysis of Holiday Innovation
 Current and Potential Trends in Hospitality Industry
 Conclusion
 References
Table of content

Hospitality Industry can be defined as the industry that provides their customers with many services such
as food, lodging, accommodation and many more. The focus is on the satisfaction of customers. The
assignment will cover impact of external factors on hospitality industry, SWOT Analysis of Company and
the current and potential trends in the industry.
Introduction

In order to know about the impact of macro environmental factors on the working of Hospitality Industry,
the use of PESTLE Analysis will be done. The following analysis is used in order to know about the
impact of macro environmental factors on the working of Hospitality Industry is provided as under:
 Political Factors: It refers to those factors that impacts upon the working of an organization due to
changes in governmental policies, rules and regulations of the government. The impact has been drawn
as under:
 This industry is the backbone on UK Government, so the government is making suitable policies that
encourages this business. This is the positive impact.
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