Premier Inn: Evaluating Trends & Impacts on Hospitality Industry
VerifiedAdded on 2023/06/15
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Report
AI Summary
This report examines the internal and external environmental factors influencing the hospitality industry, focusing on Premier Inn. It utilizes PESTLE analysis to assess political, economic, social, technological, legal, and environmental factors affecting Premier Inn's profitability, including government regulations, taxation policies, online booking facilities, and legal compliance. A SWOT analysis identifies Premier Inn's strengths, weaknesses, opportunities, and threats, noting its large UK presence and high occupancy rates, but also its limited international reach and vulnerability to competitors and events like the COVID-19 pandemic. Current trends, such as increased hygiene measures and provision of fast internet, are also discussed. The report concludes by emphasizing the importance of analyzing these factors to develop strategies for mitigating risks and enhancing profitability. Desklib offers similar solved assignments for students.
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