logo

Contemporary Hospitality Industry: Analysis and Implications

   

Added on  2022-11-25

27 Pages2134 Words147 Views
About the Contemporary
Hospitality Industry

Table of Content
Introduction
Introduction
PESTEL analysis
SWOT analysis
Impact of external factors
Implication of current trends and potentials.
Ability of Hotel for the development of services and products
Impact of External Factors on Potential and Current Trends
Conclusion
References

Introduction
One of the largest industries in the world and has established itself as a great bar and
restaurant. In the 21st century, according to experts, the era of technology seems to have
arrived, and hospitality is the main industries, including those on which its influence on the
development of socio-economic factors depends. Hospitality plays an important role in the
country's economic growth Portavadie Hotel is an emerging company offering Hospitality
and wonderful holidays in resorts, restaurants, beauty and wellness, shopping, modern
accommodation, delicious cuisine and an impressive spa located on the picturesque west
coast of Tighnabruaich, London. It is a family-run accommodation that combines modern
style and superb service in a remote area of outstanding natural beauty (Chen. 2021).

PESTEL Analysis
There are many factors that influence the success and growth of the hotel industry. All this with a change
of government in a very competitive environment, as well as with climate control affects the hotel and
tourism industry. Of course, keep reading this Hospitality industry analysis right from the hotel for more
information. PESTEL analysis is a strategic framework that should be used to assess the external
environment of the enterprise due to the separation of functions and risks inherent in social, political,
economic, social, technological, environmental and legal aspects. PESTEL analysis is a practical
framework that can be used in corporate strategy and planning, as well as to identify the disadvantages
and advantages of a business plan.

POLITICAL
The government sets certain rules of hygiene and standards in the field of food hygiene, which can lead to lower
profits due to the rising cost of your care. The increase in income tax expense has a direct impact on all the
benefits of the hotel. These are the factors that determine the amount of disruption the government can impose
on a particular sector and free market, Brexit can have a significant impact on industry, such as this one, as 50%
of all food in the UK is imported from the EU

ECONOMY
Economic factors
The rate of inflation in the UK is low, and in order to increase the income of Portavadie hotel. The number
of Italians who live in London has been increased to the number of guests from abroad who came to work
at an attractive price last year at the Portavadie Hotel. In the case of Portavadie Hotel, it is very important
for the hotel to make sure that they are aware of these things, because they depend on the economic
situation.

End of preview

Want to access all the pages? Upload your documents or become a member.

Related Documents
The Contemporary Hospitality Industry
|8
|2569
|91

The Contemporary Hospitality Industry
|9
|2749
|70

Contemporary Hospitality Industry
|15
|1711
|261

The Contemporary Hospitality Industry
|15
|1131
|33

Contemporary Hospitality Industry
|23
|1672
|236

The Contemporary Hospitality Industry
|13
|793
|45