The Contemporary Hospitality Industry

The Contemporary Hospitality Industry

• Introduction
• Various macro environment factors
• SWOT Analysis
• Implications of current and potential trends
• Conclusion
• References
Table of content

Introduction
Hospitality industry indicates to the incorporation of several facilities such as occasion
preparation, accommodation, travelling & tourism, transportation etc. It is multibillion
dollar business sector that based on accessibility of removal earnings and holiday period.
It is a very quick developing industry in marketplace. The given written report is
supported to Travelodge which is a private corporation functioning in the hotels and
hospitality sector all through the UK, Ireland and Spain

Political factors: under this phase, it include the various things such as government polices
and laws, tax rate, political instability and foreign exchange rate, various trade constraint and
another things.
Economical factors: under this section, it involves the various rate, such as inflation , currency
rate, employment and interests rates which have direct and indirect impact on the performance
or the outcome of the organisation .
Various macro environment factors