Contemporary Hospitality Industry

Contemporary Hospitality
Industry

Table of Content
• Introduction
• PESTEL analysis
• SWOT analysis
• Impact of external factors
• Implication of current and potential trends
• Capacity of the hotel to produce products and services
• Impact of external factors on current and potential trends
• Conclusion
• References

Introduction
Hospitality industry is that industry which
involves variety of services provided to the
people which include the services which
provide leisure time to the people. In the
hospitality industry there are different
sectors which are included and each sector
provides different types of services to the
people. The different sectors include the
food and beverage, travel and tourism,
entertainment and the accommodation.

PESTEL analysis
•Political factors- The government plays the major
role in the establishment of any hotels. This is
because the taxation of the county rules can impact
the position of the hotel as they might have to pay the
higher taxes.

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•Economic factors- foreign exchange rate of the county is the main
cause because of which it can restrict the entry of foreign guest in the
hotel.

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•Social factors- Each and every hotel tries that the
hotel should be in accordance with the
requirements of the guest. This is because no
guest would like to come in that hotel which is not
meeting their expectation. Also there are different
classes of people who visit the hotel thus, the
hotel must meet the expectation.