Strategic Analysis on Industry Essay Example | Topics and Well Written Essays - 1500 words

Strategic Analysis on Industry - Essay ExampleThe taradiddle concludes with key drivers for change and success in the selected manufacturing.The UK Hotels and Motels Industry comprises of establishments that are providing short-term lodging including hotels, motor hotels, repeat hotels, and motels. In addition to the lodging services they also offer services, such as food and drunkenness services, recreational services, conference rooms and convention services, laundry services, parking, and other services1. The UK hotels and motels industry could be segregated into diametric groups according to the type of customers they serve including domestic consumers, domestic business and international business & consumers.Evaluation of the UK hotels and motels industry suggest that the main revenue drivers other than providing accommodation are from services such as casinos, conferences, matrimonial gatherings, social functions, shops and telecommunication services. A recent survey carr ied out by Data Monitor, a question company, highlighted that the total revenues of the UK Hotels and Motels Industry were $35 billion in 2008 that implies a CAGR of 5.6% over the period 2004-2008. However, the same embrace expects that the industry will slow down because of the poor economic conditions currently prevailing in the world(a) market and lower spending on travel and tourism. The industry is expected to grow at a lower CAGR of 3% till 2013 to reach a level of $40.1 billion2.The international semipolitical scenario is negating the growth prospects of the hotels and motels industry. The political risks have direct correlation with the investment decisions of international hotel companies in developing countries. Political instability in a country creates social unrest that could affect the flow of travellers to that country that may in descend affect the sales of hotels and motels. These political risks could also be viewed as