Analysis of IHG Hotel Group in the Contemporary Hospitality Industry

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Added on  2022/11/24

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This report provides a comprehensive analysis of the Intercontinental Hotel Group (IHG) within the contemporary hospitality industry. It begins with an introduction highlighting the rapid growth of the hospitality sector and the focus on IHG. A PESTLE analysis examines the political, economic, social, technological, environmental, and legal factors affecting IHG. A SWOT analysis assesses the company's internal strengths, weaknesses, opportunities, and threats. The report evaluates the impacts of external factors, focusing on political and environmental aspects, and discusses current and potential trends such as pool facilities, online bookings, and sustainability. It also covers product and service development, including market research and digital platforms. The conclusion summarizes the key findings and emphasizes the importance of understanding macro-environmental factors and internal capabilities for strategic decision-making. The report also includes a list of references.
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CONTEMPORARY HOSPITALITY INDUSTRY
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TABLE OF CONTENT
Introduction
PESTLE Analysis
SWOT Analysis
Evaluation of the impacts of external factors
Current and potential trends
Develop products and services
External factors impact on current and potential trends
Conclusion
Refrences
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INTRODUCTION
It has analyzed that hospitality industry undertaking
Rapid growth and people are getting attracted through
travel and tourism.
This presentation is going to analyze the factors on
Intercontinental hotel group. It describes their macro
environment factors and conduct a SWOT analysis with
will examine the internal capacity of organization.
Also there will be evaluation of the impact of current and
potential trends which affect the hospitality industry
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PESTLE ANALYSIS
It is the best tool to analyses the macro or says outside factors that has
indirect impact on organization growth and existence. This helps in forming
strategies in a better way
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POLITICAL FACTORS
These factors involve political control over organisation policies in regards with tax, duties
and foreign trade.
Hotel IHG group has affected through impact of Brexit due to having restrictions on
involving staff from EU and levied taxation.
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ECONOMIC FACTORS
It consist influence of economic condition through
demand and supply, interest rates, liquidity and money
flow in economy
IHG hotel has positive impact as they contribute evenly in
UK economy by supplying demands and needs of
customers.
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SOCIAL FACTORS
It affects on people demand, wants and trends which
must be fulfil.
IHG fulfil almost every tourist requirement which has
positive outcome on brand name.
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TECHNOLOGICAL FACTORS
Technological upgradation is being the need of every
organisation to make effective and reliable services.
Hospitality sector is highly affect through technology.
Customers get quick services in laid of current and fast
technology.
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ENVIRONMENTAL FACTORS
These factors are highly necessary to work
sustainable in economy. Hotels are working at a
fast speed which also require influence on
environmental protection by making eco friendly
service and promote re-cycle and reuse.
IHG group working for low energy consumption
in providing travelling and promotes recycling y
minimising wastage.
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LEGAL FACTORS
Laws and acts are must needed to fulfil for every
organisation. These laws are formulated to protect right of
individuals whether they are customers or employees
Hotel IHG fulfil all the legal Act of equality, culture and
diversity and health and safety at workplace as per the UK
government.
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SWOT ANALYSIS
It is the best tool to analyze internal factors of organization.
Hospitality industry work in consistent manner which require to
focus on their internal strength and weakness. These relevant
points will make their strategies more powerful and give them a
courage accompanied the opportunities and overcome with
threats for future preference.
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STRENGTHS
Hotel HG has reputed brand name which help in building
customers trust and being a market leader.
The hotel comes has great Quality Services and worldwide
reach.
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