If you are looking for additional support and resources related to PESTEL Analysis, please find more PESTEL Analysis resources below: PESTEL Analysis Examples; PESTEL Analysis Guide; References. PESTEL analysis provides great detail about operating challenges Shoe Zone Plc will face in prevalent macro environment other than competitive forces. Positive and pragmatic collaboration with UK Government has brought Hospitality Industry into key success area of economic development in UK. PESTEL as acronym stands for political, economic, social, technological, environmental and legal factors, which influence the processes within a n organization. PESTLE Analysis of Nestle in light of Industry 4.0 Political and Economic Forces Politcal Factor Sustainable Politics: PESTLE Analysis . Industry-4.0 efforts in UK are politically driven, commitment from the top is a motivating factor for companies to adopt new practices. For the tourism branch, the analysis should focus on elements for which there are certain risks related to the tourism business environment. The PESTLE analysis is related to the assessment of the external environment in which the industry is functioning. It is an analysis, which concentrate on the environmental factors that influence the operational firm. For example an Industry may be highly profitable with a strong growth trajectory but it won't be any good for Shoe Zone Plc if it is situated in unstable political environment. 2.1 Political. PESTEL analysis involves accessing the ‘political, economical, social, technological, environmental and legal’ (McCabe, S. 2010). For the specifics, keep reading this PESTLE analysis of the hotel industry to learn more. means the use of the PESTEL model in analyzing the political, economic, social, technological, ecological and legal factors governing the tourism industry, adapted to the competitive environment. This analysis will assess the impact of the political, economic, social, technological, and legal factors on the industry. In this chapter, the external factors that could influence the tourism sector at the destination will be formulated based on the PESTEL analysis. With the British Pound still being strong against other currencies this is relevant to the Tourism Industry today. Many factors affect the success and growth of the hotel industry. Everything from governmental changes to high stake competitors and the uncontrollable weather impedes the hospitality and tourism industry too. A PESTLE Analysis of the UK Hospitality Industry 1490 Words 6 Pages In this essay I will be discussing and critically analysing each element of the PESTLE analysis within the hospitality industry, with examples to reflect each point. The analysis is … The Pestle analysis of global tourism and hospitality industry are mentioned below: ... Industry overview 6 3.1 Introduction to UK Hotel Industry 7 3.2 Introduction to SAVOY Hotel 7 4. PESTEL, SWOT, Competitive advantage 4.1 Pestel analysis of SAVOY Hotel 8 4.2 Swot analysis of Tourism and Hospitality Industry 2014, CONGRESS PROCEEDINGS Trends in Tourism and Hospitality Industry 551 PESTEL ANALYSIS OF TOURISM DESTINATIONS IN THE PERSPECTIVE OF BUSINESS TOURISM (MICE) Marina Gregori ć Conference paper Abstract Purpose of this research is to apply PESTEL analysis on two different destinations (Croatia and However it has a negative effect on UK tourism as the Americans are put off travelling to the UK and instead look to holiday in locations within the US (The Guardian, 2007). Angwin, D, Cummings, S and Smith, C (2011) The Strategy Pathfinder: Core Concepts and Live Cases, (2nd ed), Chichester: John Wiley and Sons Ltd, Chichester The Premier Inn’s PESTLE Analysis below critically evaluates and identifies different strategic in a competitive and dynamic environment. PESTEL. 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