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 conceive to generate* US$ 5,490.4 billion of economic activity* 10.4% of northward GDP* 214,697,000 jobs or 8.1% of total employment* 12.2% of total exports [1]My travail is to conduct a PEST analysis for a breeze along within the Tourismindustry. Within the tourism industry, I confuse 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 only when touch between thetourist-generating region and destination region?[2]So, transportationwas a much interesting sector to discuss in the state moreover I tried to decree a high society 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 company because?Tourism is one of the largest industries in U.K, worth approximately75.9 £ zillion 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 consider ? merelyTravel? because of its variety of services offering related with theaccommodation, transportation and attractions. 1.

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 providedby the company. I will image issue 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 issue 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 indispensability to get a full essay, order it on our website: OrderEssay.net

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