The Contemporary Hospitality Industry

The Contemporary
Hospitality Industry

Introduction
Pestle analysis
Swot analysis
Factors effective demand and supply in hospitality industry
Current trends and development in hospitality
Various method that are used by bull hotel to responds all
current changes in hospitality
Conclusion
References

INTRODUCTION
Bull hotel is planning to enter into ASIA market in order to earn
more profitability and customer’s satisfaction.
Therefore it can conducted analysis of external and internal factors
to formulate effective strategies for growth and sustainability of
firm.
Various current and potential trend and development in hospitality
industry have been analysed in this presentation so that company
can effectively attained its objectives.

PESTLE ANALYSIS
Political factors: Tourism is most important for Asia so various firm planned to
establish their business or make investment in tourism and hospitality industry so
government in order to protect local communities have put certain restriction. So, it
can be stated that restriction imposed by government can impact negatively on The
bull hotel as it have to follow all policies, rules and regulation for establishment and
expansion of business.
Economic factors: It can be stated that tourism and hospitality industry helps in
generating lot of employment opportunities for people so that they can live better
lifestyle.