Contemporary Hospitality Industry: A PESTEL and SWOT Analysis
VerifiedAdded on 2023/01/11
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Presentation
AI Summary
This presentation offers a comprehensive analysis of the contemporary hospitality industry, focusing on the Grand Hotel as a case study. It begins with an introduction and company overview, highlighting the hotel's background and key features. The core of the presentation involves a detailed PESTEL analysis, examining the political, social, economic, technological, environmental, and legal factors impacting the industry. A SWOT analysis is also conducted to evaluate the hotel's strengths, weaknesses, opportunities, and threats, with a focus on its brand name and financial stability. The presentation further explores the impact of external factors and current trends within the hospitality sector, particularly consumer preferences, technological advancements, and sustainability. It also evaluates strategies for developing products to meet evolving customer demands, emphasizing the importance of digital services and eco-friendly practices. The presentation concludes by summarizing key findings and referencing relevant academic sources, providing a well-rounded overview of the hospitality industry and its challenges.
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