Contemporary Hospitality Industry

CONTEMPORARY
HOSPITALITY
INDUSTRY

Introduction
Pestle analysis
Swot analysis
Implications of current and potential trends
Evaluation of the ability of hospitality industry
How external elements impact on current and potential
trends
Conclusion
TABLE OF CONTENTS

The business organization is a very wide concept which
involves different kind of enterprises like small,
medium and large corporations. The main focus of
presentation is to properly understand about the
importance of contemporary business environment in
hotel sector. It is based on The Connaught hotel. It is
the five star hotels situated in London and provide
various services like event management and many more.
The presentation includes SWOT, PESTLE analysis and
the implication of current and potential trends.
INTRODUCTION

It is significant for hotel industry to generate external analysis
through which it becomes easier to make certain decisions within the
business. So, PESTLE analysis is further been explained as below: -
 Political factors: - It is the first stage in the analysis which focuses
on certain elements like labor law, environmental law and so on. In
accordance with the selected hotel they are affected by political
factors due to the influence of BREXIT through which it is
becoming difficult and challenging for them to expand their
operations.
 Economic factors: - It involves trade policies, rate of inflation and
so on. As per the current situation of COVID-19 pandemic there is
high rate of taxes in terms of UK economy that creates a direct
impact on their business organization.
PESTLE ANALYSIS