The Contemporary Hospitality Industry

The Contemporary
Hospitality Industry

Table of Content
• Introduction
• Access the external factors that impact the development
• SWOT analysis
• Current and potential trends
• Conclusion
• References

Hospitality sector is considered as the fast growing and emerging industry in all over the world and it
also provide the prominent benefits in terms of serving effective quality to the customers with the
effective manner. Moreover, it also include various areas in its like travel and tourism, food and
beverages and other services. In order to carry forward this report Treehouse hotel London is considered
which is situated in London and also provide suitable facilities like laundry, accommodation, quality
food, Wi-Fi and many more. Besides this, it also identify internal and external factors within the
environment with the help of suitable frameworks like PESTLE and SWOT. Lastly, it depicts the
current trends that exist within the hospitality industry.
Introduction

Political: As per this factor, government of the nation holds extensive power over the industry like they set
the suitable restrictions on travelling and takes suitable decisions regarding the growth of country within the
travel and tourism industry. Moreover, considering the tax reforms, government controls the tax rates by which
the owner of Treehouse hotel London is liable to pay low taxes and it leads to improve the whole industry.
Economical: Tourism give prominent benefits to the economy by improving the cost of economy and for
this, they include the process of economic cost that include the direct cost which is incurred by tourism
businesses. Along with this, the hotel chains leads to improve profitability regarding the profits and revenues that
leads to acquire and merge various resorts among them and after that they leads to change the significant policies
and norms of hotel.
Access the external factors that impact the development