Contemporary Hospitality Industry

Contemporary Hospitality
Industry

Table of Content
• Introduction
• PESTEL analysis
• SWOT analysis
• Impact of external factors on the development of organisations
• Implications of current and potential trends
• Ability of the hotel to develop products and services to meet current trends
• How external factors impact on current and potential trends and development in hospitality industry
• Conclusion
• References

Introduction
The hospitality industry is that industry
which involves the various types of services
and these services are provides to the people.
The hospitality industry is related with the
leisure and to provide the best experience to
the people. The hospitality industry includes
the hotels, travel, food, lodges and many
things.

PESTEL analysis
•Political factors- The hotels are the main source of
attracting the people who have come to enjoy their
vacations or might have come for other reasons.
Hotels are the larger source of revenue for the
government and the government helps them in the
taxation policies.

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•Economic factors- The hotels require big
investment and if any country is facing the
difficulty of recession then the hotel industry
suffers a lot.

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•Social factors- The Brooklyn hotel conducts the
activities which are according to the demand and
requirements in the market.