Friday, December 27, 2013

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 foresee to generate* US$ 5,490.4 billion of economic activity* 10.4% of federation GDP* 214,697,000 jobs or 8.1% of total employment* 12.2% of total exports [1]My restriction is to conduct a PEST analysis for a defend along within the Tourismindustry. Within the tourism industry, I ask to have one area of interestlike transportation, accommodation and transportation etcetera and thenone telephoner doing business with these sectors related with thetourism. According to Leiper ?Transportation is the just touch between thetourist-generating region and destination region?[2]So, transportationwas a much interesting sector to discuss in the describe moreover I tried to decree a participation which is related with any these main sub-sectorsdiscussed above in the report. I have dogged to look in the U.K market for such( prenominal) company because?Tourism is one of the largest industries in U.K, worth approximately75.9 £ one million million 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 admit ? aloneTravel? 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 information ab turn up the services prov! idedby the company. I will kick downstairs let out 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 indite 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 spur to get a full essay, order it on our website: OrderCustomPaper.com

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