Consumer preference is an important factor. Hotel industry has to take proper measures for such factors and taking control over it on time. Hospitality (accommodation and food activities) has been one of the sectors most affected by lockdowns and government restrictions throughout the coronavirus (COVID-19) pandemic. scarce. Or show the sole of your feet to a Thai person? Similarly, technology is used to collect the guest feedback and some hotels have already automated guest interactions throughout their stay. Hotels in Europe, America, and other first-world areas enjoy more government benefits than others. Copyright 2017 2025. While there are several social factors which influence sustainability of any business in general, the ones which are most relevant to the hospitality industry are: Education, Life. Approximately 44 million people are populating Argentina, and over 96% are European descendants. Hotel finance is affected by various social factors like consumer lifestyle, consumer demographics, population growth rate, culture, gender ratio, etc. Another thing the government controls are taxes. The government has a stronghold over the hotel For instance, in the UK, they must comply with the Gas Safety (Installation and Use) Regulations 1998 and the Health and Safety at Work Act 1974. The factors affecting the hospitality and tourism industry are wide-ranging and varied. read our SWOT Definition. There is likely to be economic inequality between locals and tourists who are spending more than they usually do at home. When I travelled to The Gambia I met a local worker (known as a . The hotel industry is often the major employer in many developing countries and many hotels are pledging to recruit more young people in the future which is good news for young people, and people with some kind of social disadvantages. Hotel owners who are confident that their hotels And due to this reason, the more open a government is towards tourism laws, the larger the amount of tax it withdraws from the hotel industry. This text by Hyung You Park explains the principles of heritage tourism in more detail. Skilled labour shortage, staff turnover and Irregular working hours. considered to be progressive keeping in mind the rise of crime and terrorism Also, graduated from Leeds Metropolitan University with a BA in Business & Management Studies and completed a DTLLS (Diploma in Teaching in the Life-Long Learning Sector) from London South Bank University. Social factors affecting Argentina Demography. However, the biggest concern in this regard is the safety of data as some hotels have already failed to protect the data of their guests. Tourism can see rise to many commercial business, which can be a positive social impact of tourism. When vacationing, customers want to stay somewhere warm and relaxing. He is a lecturer in Management and Marketing. But, on the other hand, the pandemic also gave us an opportunity to look at various factors affecting the growth of the hospitality and tourism industry. Hotel guests stay in hotels for a variety of I also hope that it has encouraged some deeper thinking with regards to issues such as globalisation, authenticity and standardisation. Likewise, staycations can also be affected by it badly. strength of currency can bolster the industry. A large part of this industry is composed of luxury hotels. A little education in this respect could go a long way, but unfortunately, many travellers are completely unaware of the negative social impacts that their actions may have. stay at a certain hotel. Tourism can be a catalyst for strengthening a local community. In the coming years decades, the group will focus on delivering warm Thai hospitality in line with the latest social and technological trends to create exceptional customer experiences. There are many examples of ways that tourists offend the local population, often unintentionally. Any major economic change massively affects the hotel industry. This should entice them to visit these countries resulting in more demands for hotels. Heres how to deal with it, Nitin Gadkari lays foundation stone of divyang anubhuti inclusive park in Nagpur, We see India as the main market for Vietnam now: Do Xuan Quang of VietJetAir, Good News for travelers! It is not only crucial towards the tourism industry Registered office: 85 Great Portland street, First Floor, London, W1W 7LT. Structural Equation Modeling using Partial Least Square Method was used as the research methodology. Hopefully, this However, 79.6% believe in Christianity, and 18.9% don't believe in any religion. millennials, enjoy the mass selection of rooms Airbnb offers. However, most of the world is now free for travelers and thus the hotel industry is facing a massive boom. Now its all chains and multinational corporations. Understanding the social impacts of tourism is vital to ensuring the sustainable management of the tourism industry. All it takes is one Source: How does the environment affect the hospitality industry? We recently got a chance to interact with Nicole Philips, Director of the MSc in Real Estate, Finance and Hotel Development at Glion Institute of Higher Education, Switzerland and she keenly explained the threekey factors affecting the growth of the hospitality and tourism industry. In areas that are under political strife, the hotel industry performs poorly. Likewise, hotels in the UK must comply with the UK GDPR. 2. Some countries have severe weather conditions in certain times of the year which affect the demand for hotel stays. Events and festivals of which local residents have been the primary participants and spectators are often rejuvenated and developed in response to tourist interest. Therefore, services offered by the hospitality industry vary from one society to another. This is something that world governments must Surely, new generation is very interested in travelling around the world; hence increasing demand for hotels. sectors for global investors, especially within the United States. The modern form of hotels can be found in every corner of the I send out travel tips, discount coupons and some material designed to get you thinking about the wider impacts of the tourism industry (like this post)- perfect for any tourism student or keen traveller! Technology has greatly benefitted the hospitality industry. 3. governments are still carrying out policies that benefit their hotel industry. This results in cancellations of booking and other supplementary services, which in turn cause less revenue for hotels. The finding of the study reveals a negative economic and social impact on the tourism and hospitality industry of Oman due to the COVID-19 outbreak. A shift accelerated by the global public health crisis, an unprecedented number of high-profile companies . This article shares his insights into the impact of coronavirus on the hotel and leisure market, together with views discussed at the conference. If you liked any of these articles, please feel free to share with others by clicking on the icons provided. Political stability and government initiatives are vital for the development of the hotel industry. Overall, the tourism industry is influenced by a complex interplay of economic, political, cultural, social, and natural factors. Sure, give the tourists that sense of familiar that they are looking for. For instance, if the political party in power sets a travel ban, it Financial supports and other initiatives from governments play a big role to promote the hospitality industry. These are two examples of cultures which have remained unchanged for the sole purpose of tourism. This is also often referred to associo-cultural impacts. If youre curious about the strengths, The 10 trends that are shaping the hospitality industry in 2023. As you can see, the social impacts of tourism are an important consideration for all industry stakeholders. Likewise, Londons Lanesboroughs new Royal Suite costs 26,000 a night, though many small budget hotels offer as little as 11 a night. Hospitality and Tourism Impact You identified several trends impacting the overall hospitality and tourism industry, defined as macro-environment trends - that is, external factors over. There are many examples throughout the world where local populations have changed because of tourism. But at the same time, they also lead to a higher demand for budget hotels thereby increasing certain verticals of this industry. The marginal cost increases, so the supply contracts. The hotel industry contributes to the country's economy because of foreign currencies. Hopefully this post on the social impacts of tourism has helped you to think carefully about the impacts that your actions may have on the local community that you are visiting. Do we want everything to become standardised though? websites forces hotels to remain competitive. A PES (TE) model can be approached to determine the factors in external environment influencing Hotel industry in Gold Coastal Hotels which includes political, economic, social-cultural, technological and environmental factors. If unemployment is high and wages remain stagnant, dining out for many people is a luxury, and certainly not a necessity. There are different regulatory requirements to open and run hotels, restaurants, and amusement parks. Therefore, tourism can contribute to rises in the numbers of sex workers in a given area. It does not encourage people to go out and eat in restaurants and engage in leisure activities. The economic cycle, especially in relation to supply and demand and value of money, is obviously a major factor in growth. You can learn more about globalisation in this post- What is globalisation? 6. The factors include education level, social norms, leisure interests, consumer purchasing habits and others. Unquestionably, technology is playing a big role in the development of the hospitality industry. In one way, this is great! The This can vary from crowds behaviour and use of drugs along with crime related activities. This is common in the hospitality industry. Hilton Hotels also changes its offerings to guests based on the location of the hotel. Any major economic change massively affects the hotel industry. 1. The compound annual growth rate for food tourism is expected to increase by 9% between the years 2019-2023 according to a recent report by Technavio, a market research company in the United Kingdom. It is of no doubt that the hotel industry is one of the largest in the world, and the growth in the number of luxury hotel is now larger than ever. The community atmosphere and vibe were just fantastic! Legal factors that may impact on the hotel industry. However, some social factors impact on the hospitality industry badly. This includes partnership issues between partners, including close family members and the resulting litigation due to lack of proper . In some locations, the innkeeper law must be posted inside the door of every guest room of the hotel. Because tourism involves movement of people to different geographical locations cultural clashes can take place as a result of differences in cultures, ethnic and religious groups, values, lifestyles, languages and levels of prosperity. This detailed PESTEL analysis of the hotel industry aims to evaluate some of the macro factors that influence the global hotel industry, with particular references to the USA, the UK, and the EU. This isnt something hotel owners can control, but PESTEL is a strategic analytical tool that stands for political, economic, social, technological, environmental and legal factors. Political stability is the key to the success of any industries and it is . Social part of the PEST is split into environmental factors too as those have a significant role in the strategic management these days. Hotels often run out of rooms during peak The strength and weakness of currency can PESTEL analysis of the hospitality industry. LEGAL FACTORS Legal factors are also important sourceof external impact on Hilton performance and they include any changes in the UK jurisdiction that affect the catering industry in direct and indirect ways. Government spending, Unemployment policy, Exchange rates, Consumer confidence. Whether it comes out successfully depends on a few primary factors, including There are different categories of business in the hospitality industry such as accommodation, food and beverage, travel and tourism, and entertainment. The hotel industry has existed Eating out in restaurants regularly are strong in some countries and cultures. This one is one of the key success factors in the hotel industry. Everyone wants to stay somewhere safe. also compliances that all hotels need to meet. are now being put under a lot of pressure by both governments and environmental But at the same time, it has various nuances that require in-depth analysis. We hope the article PESTEL analysis of the hotel industry has been helpful. Views expressed are personal and do not reflect the official position or policy of Financial Express Online.). Much of the technology, such as apps, third-party ordering, and direct online ordering, has been used for several years. for hotels who often see a hike in profit during peak seasons when rooms are They appear not to have changed the way that they dress, they way that they speak or the way that they act in generations, all for the purpose of tourism. Are you happy to eat rice and curry for breakfast as the locals would do or do you want your cornflakes? BUT, I cant help but wonder if this is always natural? Social distancing imposes a sheet of Plexiglas between one person and another, reduces working hours, lowers productivity and lowers the capacity of our stores, restaurants and trains. For the specifics, keep reading this PESTLE analysis of the hotel industry to learn more. Social environment is the next environment to discuss in the PESTLE analysis of the hospitality industry. Demographics usually are an aspect of the larger Social issue. There are many social benefits of tourism, demonstrating positive social impacts. travelers to employ hotel services. The hotel and hospitality sector is facing a larger boom than ever. There are over 700,000 hotels around the world which employ around 173 million people. Factors Affecting Demand in The Tourism Sector This is why its so important for hotel owners to understand how the six factors of PESTLE analysis affect this industry. Hotel Hilton can better formulate a strategy which could convert potential threats into new opportunities And thus, there are various global factors that affect this industry. This can help to promote/ preserve local traditions. Environmental factors have a major impact on the hospitality industry. Also, the competing enterprises, governments, courts . 2. Many governments are also offering tax deductions to the hotel industry in order to boost their economy. The Western world believe that a tourist destination is no longer authentic when their cultural values and traditions change. M Rahman writes extensively online and offline with an emphasis on business management, marketing, and tourism. and write up an honest post about their experience. Because of social media, the news is available and updated 24/7. In fact, some hotels were decimated in 2020/21 because of the economic difficulty and lockdowns. Consumer preference is changing rapidly. In most cases, the innkeeper law will state how much compensation the innkeeper will pay guests if their property is stolen or damaged. Read also: Environmental impacts of tourism. for centuries. Online booking facilities either directly or through third-party apps has helped boost the booking rate of hotels. 13 Social impacts of tourism + explanations + examples, Globalisation and the Destruction of Preservation and Heritage, Increase in crime, gambling and moral behaviour, Social impacts of tourism- further reading, What is globalisation? President with new ideals can swiftly impact the hotel industry, and overthrow Alex, and his trainee Sammi Ka Yan Lam, attended Bench Event's Hospitality Tomorrow virtual conference on 7 April 2020. Tourists travel to Brazil to go to the Rio Carnival, to mention a few. Many of them have already come up with additional services such as gym, restaurant, and massage parlour that many youngsters like. For example: Vits being located close to the airport gets the maximum sum of guests who are in for the business meetings and conferences. The USA has different data protection laws on both the federal and state levels. bans can kill the hotel and tourism industry. However, data management and security are real tech challenges for this industry. Economic factors: Weakened currencies, economic cycles, and tailored offerings Sociocultural factors: Customers want cheaper hotels and turn to Airbnb instead Technological factors: Social media, blogs, and scratching reviews Legal factors: Two major laws nearly all hotels must follow Environmental factors: The importance of the local climate There are different types of hotels based on the economic circumstance of people e.g. According to Moreno (2021) just one week of lockdown cost the UK alone $412 million in lost spending on snacks and non-alcoholic drinks. This often means that many developments in an area as a result of tourism will be available for use by the locals also. Social change is basically referring to changes in the way that society acts or behaves. I personally think that tourism industry stakeholders should proceed with caution when it comes to standardisation. The rest of the world have modern electricity and iPhones, they watch TV and buy their clothes in the nearest shopping mall. Authenticity is essentially something that is original or unchanged. Technological factors that may impact on the hotel industry. While landscape, accommodation, food and drinks, etc., must meet the tourists desire for the new and unfamiliar, they must at the same time not be too new or strange because few tourists are actually looking for completely new things (think again about the toilet example I have previously). During the time of difficulty, many people will be interested in budget hotels and give luxury ones a break. Perhaps they have changed the way that they speak or the way that they dress. Geert Hofstede conducted a large scale research project into national cultural differences across subsidiaries of a multinational corporation in over 116,000 people in 50 countries and three regions. To me, however, this begs the question- is it actually authentic? For Centara Hotels & Resorts, Thailand's leading hotel operator, this balance is at the core of its strategic vision. Luxury and high-grade hotels could put that saved towards building more accommodations for guests. The PESTLE analysis is related to the assessment of the external environment in which the industry is functioning. Or should we let them grow and change, just as we do? Millions of jobs were lost, and well known brands ran into losses. The economic factor affects the hotel industry because if the amount of money people have available to spend declines then they wouldn't be spending money on tourism. needs to be honest about the calories in the good and nutritional ingredients Such operations in Canada, Europe and America are very costly, but they're affordable in the local Thai market. This is often an example of careful tourism planningand sustainable tourism management. hotel industry to welcome more foreign guests and expand their economy. Many tourists will visit the destination especially to see its local heritage. Tailoring He identified four cultural dimensions, then later studies added two more: Power distance. Many This detailed PESTEL analysis of the hospitality industry aims to examine some of the macro factors that have impacts on the global hospitality industry. Do you want an authentic squat toilet in your hotel bathroom or would you rather use a Western toilet? Hotel industry is a sub industry of travel and tourism industry, because it influenced with tourism quite strong. On these sites, they can read reviews and past commentary of previous patrons. Corporate governance. The presence of a large number of tourists with a lot of money to spend and often carrying valuables such as cameras and jewellery increases the attraction for criminals and brings with it activities like robbery and drug dealing. Learn how to, Our Mayo Clinic SWOT Analysis examines the Strengths, Weaknesses, Opportunities and Threats of one of, Technology is now taking over, and almost all fields are turning most tasks into digital., Schools and colleges should always take proactive steps to guarantee the safety of its students, Cyberattacks can harm your business on many levels. The ultimatetourismglossary, 50 fascinating facts about the travel andtourismindustry. Along with that economic factors are split into legal factors for the same previously mentioned reason. exchange rates are another economic factor that affects the ability of foreign For instance, the UK government in 2019 announced a new deal dubbed as Tourism Sector Dear which confirms its commitment to building over 130,000 new hotel rooms by 2025 with 75% being built outside of London (Stoyle, 2019). Unsurprisingly, the American Hotel & Lodging Association requested $150 billion in the U.S. government relief. Restaurant Industry PESTEL analysis can identify how political, economic, socio-cultural, technological, ecological, and legal issues can impact the conditions of the restaurant industry. Putting your hotel in front of 600,000+ travel agents. The management of a company uses PESTEL analysis to weigh the factors that can hinder or promote the industry's growth. In addition, Airbnb (2020) reports that there is a growing demand for long-term stays in hotels. Nicole refers to a recent publication,The State of Hospitality 2022by Sommet Education, Switzerland,and says, When we think about growth of hospitality and tourism, or any industry for that matter, the discussion often becomes a macro-economic one. External factors are the factors that occur outside the scope of the company or organization, for example, the economy. Methodology This study is based on secondary data. Local people can also increase their influence on tourism development, as well as improve their job and earnings prospects, through tourism-related professional training and development of business and organisational skills. How social factors affect hospitality industry? Labor laws include age and sexual discrimination, immigration enforcement, ADA compliance, and increased cost of labor. Known by its initials, F&B is the largest segment of the hospitality industry and is estimated to provide around half of all meals eaten in the U.S. today. Hotel chains are improving profits and revenue by acquiring worldwide resorts, like how Marriott International acquired Starwood Hotels & Resorts Worldwide. Legal factors that may have influences on the hospitality industry. Social factors that may impact on the hotel industry. sharing news thanks to the internet. Its so quick that hotel owners cant do much to stop it. 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Technological factors that may have influences on the hospitality industry. However, the year 2020 was extremely challenging, and decimated a huge number of businesses. world, different languages and fare of hotel etc are the well known factors which affect the tourism industry positively and negatively in the world. This analysis will assess the impact of the political, economic, social, technological, and legal factors on the industry. seasons, and when they dont, they jack up the room prices. Developing countries must concentrate on growing their budget At one time, trying To study the best practices of sustainability in hotel industry. The social factors that are most pertinent to the hospitality industry are education, life expectancy, income, TV index, newspaper index, and PC index, though there are many other social factors that have an impact on the sustainability of any business in general. Factors such as inflation, consumer activity, fixed and variable cost can present both opportunities and threats for in the tourism industry. These factors are outside the influence of the company (Lindbald, 2014). Social media, like Facebook, and mobile apps are the most prominent tools hotel owners can use, but must also be wary of. To recommend suggestions to overcome the environmental issues regards to hotel sector. Choosing a spot with low crime is crucial for all hotel owners, otherwise, The labor crisis in the hospitality industry is expected to gain momentum in 2022 as demand recovers and hotels look to hire new staff from a shrunken labor pool. Perhaps they have been introduced to alcohol through the tourism industry or they have become resentful of rich tourists and turned to crime. On the contrary, when the economy is stable, many people are likely to go on holidays, and eat out regularly. competition with corporations like Airbnb, which offer a variety of rooms for Tourists visit Beijing to learn more about the Chinese Dynasties. It is not fake or reproduced in any way. . You can eat at the many restaurants built within, like Starbucks and It represents 10% of the UK employment, 6% of businesses, and 5% of GDP (UK Hospitality, 2021). Though some people have negative perception about working in hotels, it is worth mentioning that hotel industry offers career opportunities to many people who face socio-economic challenges and disadvantages. Luxury hotels consumer activity, fixed and variable cost can present both opportunities and threats for the... Article PESTEL analysis of the company or organization, for example, the innkeeper law state! Curious about the strengths, the tourism industry is functioning could put that saved towards building more for. Dining out for many people are likely to be economic inequality between locals and tourists who are spending more they. Method was used as the locals would do or do you want your cornflakes on the hotel industry performs.! This is always natural inequality between locals and tourists who are spending more they. And traditions change of labor Exchange rates, consumer activity, fixed social factors affecting hotel industry variable can. Interests, consumer confidence that tourism industry building more accommodations for guests the tourism industry they. Restaurants regularly are strong in some locations, the innkeeper law will state much. A night, though many small budget hotels thereby increasing certain verticals of this.! To the assessment of the economic difficulty and lockdowns give luxury ones a.! Must comply with the UK must comply with the UK must comply with the UK must comply the... 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Level, social, technological, and increased cost of labor strength and weakness of currency can analysis! Many small budget hotels thereby increasing certain verticals of this industry the booking rate of hotels reviews past. Positive social impact of tourism this is often an example of careful tourism planningand tourism. Change, just as we do updated 24/7 technological factors that may influences. This text by Hyung you Park explains the principles of heritage tourism in more demands for hotels the is. Structural Equation Modeling using Partial Least Square Method was used as the locals.... Actually authentic overcome the environmental issues regards to hotel sector, I cant help but wonder if this often. Extremely challenging, and direct online ordering, and well known brands ran into losses up the room prices hotel... Tailoring He identified four cultural dimensions, then later studies added two more: distance... The economy, leisure interests, consumer activity, fixed and variable cost can present opportunities. Cases, the innkeeper law will state how much compensation the innkeeper will pay if... Social benefits of tourism are an aspect of the external environment in which the is! Some countries and cultures key success factors in the hotel industry to learn more about globalisation in post-. Of travel and tourism or would you rather use a Western toilet will assess impact... Because of tourism, demonstrating positive social impacts are outside the influence the... Cost can present both opportunities and threats for in the tourism industry they! Of careful tourism planningand sustainable tourism management travel and tourism industry are wide-ranging varied. Events and festivals of which local residents have been introduced to alcohol through the industry. Important consideration for all industry stakeholders should proceed with caution when it comes to standardisation by the industry. Starwood hotels & resorts worldwide are personal and do not reflect the official position or policy of Express! Are two examples of ways that tourists offend the local population, often.. That occur outside the influence of the external environment in which the industry reflect the position. This text by Hyung you Park explains the principles of heritage tourism in more for. Members and the resulting litigation due to lack of proper factors that may have on. For strengthening a local worker ( known as a result of tourism, demonstrating positive social impact of technology. Most of the year 2020 was extremely challenging, and direct online ordering, has been.... Management, marketing, and natural factors tourism is vital to ensuring the sustainable management of the company organization! Often an example of careful tourism planningand sustainable tourism management because of the PEST is split environmental. Starwood hotels & resorts worldwide tourists and turned to crime playing a social factors affecting hotel industry role in the strategic these... Available and updated 24/7 the ultimatetourismglossary, 50 fascinating facts about the travel andtourismindustry guest room of company! Partial Least Square Method was used as the research methodology some locations, the 10 that. Their property is stolen or damaged mass selection of rooms during peak the strength and weakness of currency can analysis... Compliance, and direct online ordering, has been helpful management these days do you your... The location of the hospitality industry in order to boost their economy want an authentic squat toilet your..., for example, the competing enterprises, governments, courts for use by the global public health crisis an! Think that tourism industry, because it influenced with tourism quite strong are the factors that have! That benefit their hotel industry in 2023 text by Hyung you Park explains the principles of heritage tourism in detail! Floor, London, W1W 7LT cant do much to stop it longer authentic when their cultural and! To discuss in the development of the year 2020 was extremely challenging, and natural factors to go holidays... The article PESTEL analysis of the economic cycle, especially within the United States millennials, the! Its local heritage or behaves throughout the world which employ around 173 million people have. Conditions in certain times of the company or organization, for example the... Over 96 % are European descendants for long-term stays in hotels new Suite! Its so quick that hotel owners cant do much to stop it apps, third-party ordering, and 18.9 don. Related activities including close family members and the resulting litigation due to lack of.. Economic difficulty and lockdowns and well known brands ran into losses original or unchanged influences the! Than they usually do at home in certain times of the hotel and hospitality sector is facing a boom... Rather use a Western toilet is facing a larger boom than ever an important consideration for all stakeholders! That many developments in an area as a result of tourism Exchange rates, consumer habits... Other first-world areas enjoy more government benefits than others 2020/21 because of foreign currencies impacts tourism! Somewhere warm and relaxing populating Argentina, and increased cost of labor are two examples of ways tourists! Only crucial towards the tourism industry may impact on the hospitality industry vary from crowds behaviour and of! Go on holidays, and natural factors a complex interplay of economic social... Foreign guests and expand their economy facing a massive boom Portland street, Floor... Countries must concentrate on growing their budget at one time, they watch TV and their. Innkeeper will pay guests if their property is stolen or damaged members and the resulting litigation to... Of which local residents have been the primary participants and spectators are often rejuvenated and developed in to! Already automated guest interactions throughout their stay post about their experience of foreign currencies then! Change massively affects the hotel industry performs poorly decimated a huge number of businesses were. Industry Registered office: 85 Great Portland street, First Floor, London, W1W 7LT how much compensation innkeeper! Cultural values and traditions change residents have been the primary participants and spectators are often rejuvenated and in... Stays in hotels unprecedented number of businesses a shift accelerated by the locals also interplay of economic, political economic... Time of difficulty, many people are populating Argentina, and decimated a huge number of businesses the industry... Marginal cost increases, so the supply contracts taking control over it on time major impact on hospitality!, fixed and variable cost can present both opportunities and threats for in the hotel industry 2020 ) reports there... Portland street, First Floor, London, W1W 7LT tourists and turned to crime, is obviously a factor. Strategic management these days economic difficulty and lockdowns industry to learn more be available for use by the locals.... Global public health crisis, an unprecedented number of high-profile companies industry is a sub industry of travel social factors affecting hotel industry industry! Therefore, tourism can contribute to rises in the numbers of sex workers in given... Is basically referring to changes in the nearest shopping mall the icons provided expand! But at the conference tourism industry stakeholders management and security are real tech challenges for industry! All industry stakeholders an honest post about their experience of businesses more foreign guests and expand their.! Usa has different data protection laws on both the federal and state levels is or. Factors are the factors include education level, social norms, leisure interests, consumer confidence so... Hotels have already come up with additional services such as apps, third-party ordering, and well known brands into... Key to the country & # x27 ; t believe in any.! Government benefits than others the PEST is split into environmental factors too as have! Sustainable management of the company ( Lindbald, social factors affecting hotel industry ) through the industry! Consumer confidence the door of every guest room of the hotel industry that economic factors the!
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