The hotel industry also faces a unique tax structure in most communities. The strengths of the industry include having several quality hotels in the country that are able to meet the demands of tourists.
For international tourists, arrival is between September and March, while most national tourists prefer to wait until school holidays, which are during the summer months. Change for the sake of change does not make sense.
Societal attitudes to education, particularly in relation to government directives and employment opportunities. Political unrest in the country also plays its part in reducing tourist traffic and consequently affects business of the hospitality industry.
The country also has a higher tax structure as compared to other countries which inflates the hotel expense a great deal. There are more than classified hotels with a room availability of around 97, rooms which can easily cope with the demand of tourists.
The elements of a SWOT analysis A SWOT analysis focuses on the four elements comprising the acronym, allowing companies to identify the forces influencing a strategy, action or initiative. The following websites can help you conduct a thorough SWOT analysis of your own business: It is important to find out the strengths of the hotel as well as what might cause the hotel to be weak.
In many relations, the catering sector has very divergent structures and workings compared to the rest of the hospitality sector. What Are the Weaknesses of the Hotel Industry? At EU Level The need for skilled labour has been rising slowly but steadily within the European Hotels and restaurant sector the last 10 to 15 years.
The country also has a higher tax structure as compared to other countries which inflates the hotel expense a great deal. What a hotel can do is change the set of attractions that are available with often just a small investment.
If there are opportunities, you can also find threats. High seasonal dependency for most parts of the sector. Also, people with limited education can get the opportunity for a career.
Threats The big black market is a threat to working conditions, which in the long run is a threat to the sector's competitiveness when it comes to recruiting skilled staff. The primary reason to perform this analysis is to help a hotel be able to develop a strong business strategy. By identifying the weaknesses, the hotels can better address potential problems in the future.
There are more than classified hotels with a room availability of around 97, rooms which can easily cope with the demand of tourists. So, using this SWOT example for a hotel industry, you can conduct your own if you are planning to enter the hospitality industry or looking to further expand your hotel business.
The questions of how to attract skilled workers from outside the EU and how to handle the increasing amount of illegal immigrants working in the Hotel and restaurants sector call for discussions and initiatives at the EU level. The services offered by hotels are limited and will not meet with the world standards.
The hotel industry provides people with a safe place to stay when they are away from home. SWOT analysis of hotel industry in this regard can provide a thorough insight to whether or not the industry is contributing towards the achievement of its goals.
As a result, the staff might not be trained well enough to meet international standards. By asking the tough questions, a business can position itself towards better profitability because it is using the data that is available to it to its advantage.The SWOT analysis is the chance to really dig deeper into the foundations of any business, not just the hotel business.
It’s a chance for the executive team to start looking at the successes and the challenges that their business faces on a daily basis.
SWOT analysis (or SWOT matrix) is a strategic planning technique used to help a person or organization identify the Strengths, Weaknesses, Opportunities, and Threats related to.
The SWOT analysis is a simple, albeit comprehensive strategy for identifying not only the weaknesses and threats of a plan but also the strengths and opportunities it makes possible. Mar 06, · You can make your hotel competitor survey look something like this: In the day and age of internet and social media you can of course also put into the mix score from hotel review sites like TripAdvisor, TravelPost, IgoYouGo, HotelsCombined, HolidayWatchDog, Zoover, Vinivi, Trivago and reviews featured on IDS / OTA channels/5().
Browse marketing analysis of more brands and companies similar to Hilton Hotels and Resorts.
The BrandGuide section covers SWOT Analysis, USP, STP & Competition of more than brands from over 20 categories. SWOT Analysis of Hotel Industry – Strengths and Weaknesses When it comes to tourism, the hotel industry is very important. In fact, it is a supporting service .Download