Impact of External Factors on Development in the Hospitality Industry

Contemporary
Hospitality
Industry

Table of Content
• INTRODUCTION
• MAIN BODY
• CONCLUSION
• REFERENCES

Introduction
Hospitality sector refers to service providing sector which includes
accommodation, travelling and tourism, event planning, transportation
etc. It is a big project business which is based on accessibility of time
and income. It is highly developing industry within market. In this
report, there is discussion about internal and external environment
analysis of the organization.

Environmental factors affecting organizational development within
hospitality industry. For determining environmental factor which having
impact over development of Ritz London. To analyse the environmental
factors, there is a framework which is highly able to evaluate and
analyse the environmental external factor.
Environmental factor

PESTLE analysis
PESTLE analysis is the framework
which is able to analyse the external
environment of the organization.
PESTLE includes political,
economical, social, environmental,
technological and legal factors.
These all factors are going to be
discussed further for providing
enough information which is able to
impact the business organization
from development.

Political
This is one of the main factor which is able to influence the development of
organization within hospitality sector. This includes political involvement,
political stability, different laws and regulation on current basis, future
legislation, import and export duties, International pressure groups etc.
Through these included factor are highly able to influence the development of
an organization within hospitality industry. This is able to highly impact the
develeopment of business. This impact the overall business of the organization
within hospitality industry. This have directly impact on the tourist which is
due to change in laws and regulations and future legislation. Due to instability
of political environment create a highly difficult to an organization to develop.
This create instability in the political environment and create a decrease
business and decrease development of the organization.