PESTLE PESTLE is the abbreviation of political‚ economic‚ social‚ technological‚ legal‚ and environment. Every type of business will have PESTLE analysis to make the business can be accepted in the society. This report will write some PESTLE analysis about McDonald’s in China. • Political There is a rule and law in China that everyone should obey it. In 1990‚ McDonald’s had trouble because they did not obey the law and the rule. They build a store in a area where government want to take it whenever
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Sustainability in the Hospitality Industry and What the Future Holds In the 1970’s‚ most hoteliers weren’t concerned with environmental conservation or social enhancement programs. The catalyst for change in these attitudes began with a major energy crisis in the United States during the 1970’s which drove up energy prices and limited the spending capabilities of consumers and business owners alike. Due in large part to the limited supply of energy‚ the hotel industry began employing programs and techniques
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In general‚ the hotel industry in Malaysia experienced an encouraging growth rate in 1994. The industry recorded a significant growth of 64 percent in tourism receipts‚ from RM5.1 billion generated in 1993 to RM8.3 billion in 1994. Malaysia will be hosting the Commonwealth Games in 1998. In addition‚ the new Kuala Lumpur International Airport in Sepang when completed‚ will cater for 25 million passengers per year and help establish Malaysia as a major centre for international air travel in the region
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in the Las Vegas‚ Laughlin‚ and Reno markets in terms of square footage of casino space and number of hotel rooms. Each Circus location has a distinctive personality. Circus Circus has the theme of a circus‚ Luxor’s theme is an Egyptian Pyramid‚ and Excalibur’s theme is Medieval. Excalibur is one of the first sights travelers see as they exit interstate highway 15. Circus’ combined hotel room occupancy rates have remained above 90% due‚ in part‚ to low room rates ($45 to $69 at Circus Circus
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MARKET STUDY Market Study of Hotel and Resort Sector in Malaysia Malaysia’s hospitality industry is experiencing healthy growth in hotel openings and hospitality-related services through the steady flow of business travelers‚ tourists and popularity as a MICE (Meeting‚ Incentives‚ Conventions‚ Exhibitions) venue. Malaysia’s advantage in this sector lies in good value in terms of costs compared to the rest of the region‚ its diversity of natural attractions such as beaches and mountains as well as
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Pestel P2: The pestel framework: The PESTEL framework categorises environmental influences into six main types: political‚ economic‚ social‚ technological‚ environmental and legal. Why you are using it: Thus it provides a clear list of influences on the possible success or failure of particular strategies apple uses or will use. Analyse how the pestel factors that may affect company: Political factors look at government policies‚ taxation changes‚ foreign trade regulations‚ political risk
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INTRODUCTION TO THE HOTEL INDUSTRY According to the British laws a hotel is a place where a “bonafied” traveler can receive food and shelter provided he is in a position to for it and is in a fit condition to receive. Hotels have a very long history‚ but not as we know today‚ way back in the 6th century BC when the first inn in and around the city of London began to develop. The first catered to travelers and provided them with a mere roof to stay under. This condition of the inns prevailed for
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Title: International hotels are entering Indian market:... national and international hotela are being developed in india..India is ranked fifth among the world’s tourist hot spots‚ growing at 8.8% annually‚ according to the World Travel and Tourism Council report‚ with a huge inbound and outbound potential from the country‚” says Chanin Donavanik‚ Chief Executive Officer of Dusit International. Hotel Industry in India has witnessed tremendous boom in recent years. Hotel Industry is inextricably linked
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in the Hotel Industry The Indian Hotels Company The Indian Hotels Company and its subsidiaries are collectively known as Taj Hotels Resorts and Palaces‚ recognised as one of Asia’s largest and finest hotel company. Incorporated by the founder of the Tata Group‚ Jamsetji N Tata‚ the company opened its first property‚ The Taj Mahal Palace Hotel‚ Bombay‚ in 1903. The Taj‚ a symbol of Indian hospitality‚ completed its centenary year in 2003. Taj Hotels Resorts and Palaces comprises 59 hotels at 40 locations
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CHAPTER ONE BACKGROUND TO THE STUDY The environment in which the fashion industry operates the world over has become turbulent‚ unpredictable and therefore‚ difficult to exert managerial control. Cultures around the world are constantly influencing each other; hence‚ the world’s cultures are changing fashion constantly. Also‚ social‚ economic‚ political and legal factors keep changing than before. Competition in the fashion industry is so rife such that the survival of fashion organizations cannot be
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