1,183
14
Article, 2 pages (300 words)

Article summary the pestel analysis

Article Summary

The PESTEL analysis provides overview of political, economical, legal, social, technological and environmental factors that affect functioning of UK country hotel. Political factors indicate that businesses are highly motivated to be opened in the Herefordshire area because the country, in such a way, encourages economic stability and financial growth in the surrounding locality. The hotel will be indirectly benefited as well. Moreover, economic regeneration plan is very likely to positively affect local businesses.

Further, social factors present that the key causes of falling business are high prices on fuel, significant climate changes, etc. It means that more people today prefer domestic holidays instead of taking holidays abroad. Thus, hotel industry should consider that people are looking for relax and their holidays shouldn’t be bothered by either legal or environmental issues. Ethics should be of top priority. Analysis indicates that more and more people prefer healthy organicfoodand green products.

Analysis of economic factors indicates that UK business experiences tough phase meaning that less people spendmoneyon leisure activities. Therefore, UK country hotels are suffering from economic downturn. According to official rates, hotel industry has fallen up to 6% in 2008. Nevertheless, the positive shift is that UE tourists became more interested in spending holidays in the UK due to low rates. Analysis of environmental factors shows that tourists aren’t willing to spend holidays in the carbon commission place. They are looking for greener places for weekends. Analysis of technological factors indicates that hotel industry refers to online private commissions and “ QuickTime” software. Read also Business Article Summary

Summing up, domestic and inbound tourism are encouraged and stimulated in the UK. Tourists become more concerned about environmental factors and they prefer green tourism. The negative moment is that economic recession prevents people from taking holidays. You may be interested in PESTLEe Analysis Turkey

References

The PESTEL Analysis. Retrieved March 14, 2009, from www. pengethleymanor. co. uk

Thank's for Your Vote!
Article summary the pestel analysis. Page 1
Article summary the pestel analysis. Page 2
Article summary the pestel analysis. Page 3

This work, titled "Article summary the pestel analysis" was written and willingly shared by a fellow student. This sample can be utilized as a research and reference resource to aid in the writing of your own work. Any use of the work that does not include an appropriate citation is banned.

If you are the owner of this work and don’t want it to be published on AssignBuster, request its removal.

Request Removal
Cite this Article

References

AssignBuster. (2021) 'Article summary the pestel analysis'. 15 November.

Reference

AssignBuster. (2021, November 15). Article summary the pestel analysis. Retrieved from https://assignbuster.com/article-summary-the-pestel-analysis/

References

AssignBuster. 2021. "Article summary the pestel analysis." November 15, 2021. https://assignbuster.com/article-summary-the-pestel-analysis/.

1. AssignBuster. "Article summary the pestel analysis." November 15, 2021. https://assignbuster.com/article-summary-the-pestel-analysis/.


Bibliography


AssignBuster. "Article summary the pestel analysis." November 15, 2021. https://assignbuster.com/article-summary-the-pestel-analysis/.

Work Cited

"Article summary the pestel analysis." AssignBuster, 15 Nov. 2021, assignbuster.com/article-summary-the-pestel-analysis/.

Get in Touch

Please, let us know if you have any ideas on improving Article summary the pestel analysis, or our service. We will be happy to hear what you think: [email protected]