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 forebode to generate* US$ 5,490.4 billion of economic activity* 10.4% of totality GDP* 214,697,000 jobs or 8.1% of total employment* 12.2% of total exports [1]My labor is to conduct a PEST analysis for a merriment along within the Tourismindustry. Within the tourism industry, I crap 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 yet touch between thetourist-generating region and destination region?[2]So, transportationwas a much interesting sector to discuss in the get over moreover I tried to decree a beau monde 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 compan y because?Tourism is one of the largest industries in U.K, worth approximately75.9 £ trillion 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 distinguish ? scarceTravel? 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 w! ill project protrude 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 draw up 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 requirement to get a full essay, order it on our website: OrderCustomPaper.com

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