Strategic Planning for the Hospitality Industry - London City Bank

This report provides a strategic analysis of the hospitality industry, focusing on Premier Inn London City Bank. It begins with an introduction, outlining the strategic direction, mission, vision, values, and culture of the hotel. The report then applies Porter's Five Forces model to assess the competitive landscape, examining the threats of new entrants, substitutes, and supplier bargaining power. Internal and external environmental factors are evaluated through SWOT and PESTLE analyses, identifying strengths, weaknesses, opportunities, and threats, as well as political, economic, social, technological, legal, and environmental factors. The report concludes by discussing strategic options, with a critical analysis suggesting acquisition as the most appropriate choice for Premier Inn, offering tax advantages, resource optimization, and workforce connectivity. References include sources on future food tech and hotel information.