Analysis of Contemporary Hospitality Industry and Compass Group

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Added on  2022/11/25

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This report provides a comprehensive analysis of the contemporary hospitality industry, focusing on Compass Group as a case study. It begins with an introduction to the hospitality sector, followed by a PESTLE analysis, examining political, economic, social, technological, environmental, and legal factors impacting the business. A SWOT analysis is then presented, outlining the strengths, weaknesses, opportunities, and threats faced by hospitality businesses. The report further explores current and potential trends, such as social media engagement and the use of artificial intelligence, evaluating their implications for the industry. It critically assesses Compass Group's ability to adapt to these trends and analyzes the impact of external factors on both current and potential developments, concluding with a summary of key findings and references. The report is a valuable resource for understanding the complexities and dynamics of the hospitality industry.
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CONTEMPORARY
HOSPITALITY INDUSTRY
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TABLE OF CONTENT
INTRODUCTION
PESTLE Analysis factors of Whitbread
SWOT analysis for a hospitality business
implications of current and potential trends
evaluation of ability of chosen hospitality business
Evaluation of how external factors impact on current and potential
trends
Conclusion
References
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INTRODUCTION
Hospitality sector is undertaken to be the wide
industry. So, this is not simple to describe it.
Moreover, it is explained as the motels, hotels
Inns and others. The key intent of this report
is to describe the effectiveness of
contemporary business surroundings within
hospitality sector. For this report, it chosen
company is Compass Group which is a British
multinational contract food service firm that
have headquarters is in Chertsey, England,
UK. The topics which is going to be discussed in this
report is pestle and SWOT analysis and implication of
current and potential trends.
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CONTINUE..
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COMPASS GROUP LTD.
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PESTLE ANALYSIS FACTORS OF COMPASS
GROUP
it is fundamentally basic for motel enterprises to lead outside
appraisal based on which it turns out to be substantially less extreme
for them to settle on decisions with their mechanical office. Thus,
Pestle structure is comparatively clarified as follows-
PESTEL Analysis
Political factor- it's miles the essential detail of structure where it has
some expertise in factors like ecological law, work law, and a lot more
noteworthy. In the setting of settled on the motel, they are disappeared
with political because of the effect of Brexit it's far getting hard for
them to expand their activities.
Economic- It comprises of components which incorporate exchange
guidelines expansion and flattening charge, etc. due to this on-going
pandemic situation of Coronavirus there's a high adaptable expense
charge measure of a UK monetary machine this is without a moment's
delay impact upon their business manager.
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PESTEL FRAMEWORK
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CONTINUE..
Social- Social component comprises elements like
conduct contemplations set to taste and decision. In
connection with picked stop, it's miles uncommon that
necessities and requirements of clients are changing a
direct result of substitute of social propensities.
Technological- Technology is a section where it has
some expertise in the utilization of cutting-edge
programming systems and gadgets, man-made
consciousness, etc. About given in, they had been
completed a remarkable control instrument this is
utilized for safeguarding realities of traveler and clients.
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SOCIAL AND TECHNOLOGICAL FACTOR
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CONTINUE..
Environment- This is made out of things like waste
control utilization of assets, unpracticed timetable, and
masses of more noteworthy. This inn is represented
considerable authority in the utilization of sources at the
greatest superb degree and diminishing misuse of food
and fluids.
Legal- This makes a forte of guidelines and enactments
which are utilized and essential for the association. As
the picked inn offer types of assistance and drinks items,
they consent to the entirety of the law which may be
administered via way of specialists.
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DISCUSS SWOT ANALYSIS FOR A HOSPITALITY
BUSINESS
Strength- Main strength of Compass Group is that they
have a worldwide presence in the market which makes it
clean for them to work for their organization.
Weakness- Weakness of Hotel is that as a result of this
ongoing pandemic circumstance of Coronavirus it's far
intense for them to have an association with customers
and blast their profit proportion.
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SWOT ANALYSIS
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