Saturday, January 11, 2014

PEST Analysis for a Company in the Tourism Industry

The tourism industry is one of the fastest growing industries in theworld. The World Travel and Tourism Council estimates that in 2004Travel and tourism is stand to generate* US$ 5,490.4 billion of economic activity* 10.4% of brotherhood GDP* 214,697,000 jobs or 8.1% of total employment* 12.2% of total exports [1]My toil is to conduct a PEST analysis for a runaway along within the Tourismindustry. Within the tourism industry, I fork over to have one area of interestlike transportation, accommodation and transportation and so forth and thenone telephoner doing business with these sectors related with thetourism. According to Leiper ?Transportation is the tho touch between thetourist-generating region and destination region?[2]So, transportationwas a much interesting sector to discuss in the discipline moreover I tried to decree a confederation which is related with any these main sub-sectorsdiscussed above in the report. I have dogged to look in the U.K market for su ch(prenominal) company because?Tourism is one of the largest industries in U.K, worth approximately75.9 £ jillion to the U.K economy in 2002 and supporting around 2.1million jobs.? [3]During my research on internet I found many companies oblation goods in the tourism of U.K but I have decided to rent ? simplyTravel? because of its variety of services offering related with theaccommodation, transportation and attractions. 1.
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2 Problem FormulationIn the problem formulation percent of my report I would describe theoverall situation of the U.K Tourism industry. The service concept of?Simply Travel? will give us infor mation ab turn up the services providedby th! e company. I will recall forth about the customers, competitors ofthe company. I will find out what political, economical, social andtechnological factors affecting the company and its demand situation. 1.3 LimitationsThe biggest limitation for spell out this report is time and the pagesto write. It is a broad topic and it could be better presented ifavailable more time and space to write about, but... If you goading to get a full essay, order it on our website: OrderCustomPaper.com

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