Hospitality and Venue Management

Hospitality and Venue
Management

Table of Contents
Table of Contents.............................................................................................................................2
INTRODUCTION...........................................................................................................................3
TASK 1............................................................................................................................................3
Environmental factors affecting Excel London......................................................................3
Recommendations..................................................................................................................5
TASK 2............................................................................................................................................7
One barrier faced by Excel London........................................................................................7
Solution to such barriers or challenges...................................................................................8
CONCLUSION................................................................................................................................8
REFRENCES.................................................................................................................................10

INTRODUCTION
Hospitality is the fastest and Rapid growing sector and for its survival it is important to have
effective management in order to achieve success and also important to survive within the
external business environment which is dynamic in nature. Along with this effective
management is the significant purpose for the successful tourism and manage various tourist
destination places within the London so that hotels can be prominently able to manage These
areas (Lugosi, 2019). Events within the hospitality industry include business meetings weddings
celebrations dinners and so on. Events are the important part of hospitality sector as they focus
on music concerts Sports learning and various events around the world that leads to generate
revenue and change the way of doing business. The following report is based on the Excel
London which is an international Hotel located in Royal Victoria Dock and undertaken as the
biggest and versatile place in London. The below report is going to cover the external
environment and concerning factors that influence the running and functioning of company and
also helps in eliminating risk factor that impact the respective company.
TASK 1
Environmental factors affecting Excel London
External environment
It includes various factors that become the part of external environment and leads to
significantly impact the functioning and running of an organisation concerning its operations. In
terms of tourist place it is very important to consider various factors that has huge impact and
highly influenced by the external factors and anytime impact the running and functioning of
company (Kunwar, 2017). The below discussion is based on excel London undertaking the
various factors that are discussed below:
Political & Legal environment: This factor is related with various changes that takes place
within the political condition and nature of the nation and it is prominently influenced in both
positive and negative way undertaking The functioning and operation of company that
continuously impacted by these factors. In relation with Excel London it put negative impact
undertaking the changing political condition of London due to current referendum that occur and
prominently term as the name of brexit. Moreover undertaking this situation Britain leave
European Union that result in fluctuating and shifting the economy and their functioning within