Ritz Hotel London: Strategic Analysis of Contemporary Hospitality

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Added on  2023/06/17

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This report provides a comprehensive analysis of the contemporary hospitality industry through the lens of the Ritz Hotel, London. It includes a company profile, a SWOT analysis outlining the hotel's strengths, weaknesses, opportunities, and threats, and a PESTLE analysis examining the political, economic, social, technological, legal, and environmental factors impacting the organization. The report also discusses the implications of current and potential trends in the hospitality sector, with a focus on sustainability. The analysis considers factors like location, employee quality, luxury preferences, fluctuating demand, increasing competition, government regulations, economic conditions, social attitudes, technological advancements, legal frameworks, and environmental concerns. The study concludes by highlighting the importance of sustainability within the hospitality industry. Desklib provides more solved assignments for students.
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THE CONTEMPORARY
HOSPITALITY INDUSTRY
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TABLE OF CONTENT
Introduction
Company profile
SWOT analysis of organisation
Pestle Analysis of the organisation
Implications of current and potential trends
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INTRODUCTION
The hospitality industry has various
diversities due to the innovation level at
the organisation, ownership, classification,
grading system leisure facilities, service
levels, future trends, etc.
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COMPANY PROFILE
The Ritz hotel, London is a UK based
hospitality organisation that is located
in Piccadilly, England. It is a Grade II
listed 5 star hotel
. The owner of The Ritz Hotel London
is Abdulhadi Mana Al-Hajri and it was
established in the year 1906.
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SWOT ANALYSIS OF RITZ HOTEL
The SWOT analysis focuses upon
internal factors that affect and
organisation.
The SWOT analysis stands for
Strengths, Weaknesses,
Opportunities and threats
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CONTINUED..
Strengths
The strengths of Ritz hotel, London
are as follows.
Presence in the right location
Employee quality
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CONTINUED..
Opportunities
The Opportunities of Ritz
hotel, London is-
Growing preference for
luxury
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CONTINUED..
Weaknesses
The Weaknesses of Ritz
hotel, London is as
follows.
Providing experience
Fluctuating demand
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CONTINUED..
Threats
Increasing competition
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PESTLE ANALYSIS OF RITZ HOTEL
The PESTLE analysis is basically an
external analysis of the various
factors that have an impact over an
organisation. The PESTLE analysis
focuses upon various factors like
Political factors, economic factors,
Social factors, Technological factors,
Legal factors and Environmental
factors.
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CONTINUED..
Political factors
The political factors that have an impact
over Ritz hotel have been discussed below
Government regulation and deregulation
Segregation of political responsibilities
between Different government agencies
International trade and other treaties
Political governance systems
Threat of terrorist attacks
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CONTINUED..
Economic factors
The Economic factors that have an
impact over Ritz hotel have been
discussed below
Employment rate
Work force productivity
Level of household income
Consumer disposable income
Fiscal and monetary policies
Inflation rate
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