The tourism industry has been growing for decades, and shows no signs of stopping. As individuals from across the world have more money to spend than ever before, and get to see the globe's many wonders through social media, it's no surprise they want to travel. But is the outlook for the tourism industry really as bright as it seems? We'll answer that question and others in … [Read more...] about PESTLE Analysis of the Tourism Industry
Airbnb connects travelers from all over the world with local hosts. As a traveler or guest, you browse through Airbnb’s extensive catalogue of listings. Then you select a room that fits your mood. The host is paid for offering a space for resting and relaxation, much like a hotel. Except the guests get a unique, inexpensive experience that hotels can only struggle to compete … [Read more...] about SWOT Analysis of Airbnb: Is its business model flawed?
Marriott International (NASDAQ: MAR) is one of the world’s largest and most prominent hotel operators. Currently, Marriott operates around 4,200 hotels in 79 countries and territories. The company’s properties operate under 19 different brands, including Ritz-Carlton and J.W. Marriott. Its properties include luxury, boutiques, suites, and apartment hotels as well as … [Read more...] about PESTLE Analysis of Marriott International
Hotels are one of the most important services which directly affect the arrival of tourists to a particular country. Obviously, it would not be possible for tourists to stay in a place if there are not enough hotel rooms available. Therefore, the hotel industry plays a significant role when it comes to tourism as it is a support service which will affect the number of tourists … [Read more...] about SWOT Analysis of Hotel Industry