Swot analysis of taj hotel

Incorporated by the founder of the Tata Group, Mr. The Taj, a symbol of Indian hospitality, completed its centenary year in

Obviously, there are many factors which directly affects the hotel industry. It is true that hotel industry has a primary role and affects some tourists.

The hotel industry is also referred as hospitality industry. This includes lots of features such as theme parks, additional fields, transportation, restaurants, lodging and event planning services. All of the hotel industries earn a great revenue.

The hotel industry covers a significant number of organizations with a variety of services such as food services, assistance, and accommodation facilities. The industry is divided into many sectors, and much work will be involved in it.

Taj hotels SWOT Analysis - WikiWealth

Sectors like recreation, tourism, food, meeting, events, entertainment, gaming, food and variety beverage, and visitor details. So that is why researchers have created PESTEL analysis helping to know the external factors which affect hotel industry.

Social and environmental part play a significant role equally in strategic management. However, economic factors are divided into legal factors.

The political factor refers to Government policy which helps in the economy of hotel industry. Political Factors The political factors play a major role especially in the economy of the country.

The main target of hotel industry is to attract international tourism which will host a variety of different properties. Remember that hotel industry has a backbone of Government and it is the government support helps to sustain in a competitive world.

The government charges great amount of tax on the luxury and star category of hotels. Political changes have a direct impact because of Government, especially on hotel industry. Any small step taken by Government will inevitably affect hotel industry. The state Government has to take huge decisions which will support the growth of industry.

Take an example of Taj and Oberoi hotel Terror attack; it has substantially dropped the tourism rate. Economic Factors Economic factors include many factors such as taxation changes, inflation, economic growth, interest rates and exchange rates.

It is best to know that economic change does leave a significant impact on the behavior of the firm. All the capital states or province of every country, own wide number of tourists arriving for the purpose of conferences, workshops, business dealing and another sole purpose.

However, hotels worldwide try to capitalize the travelers because they bring great amount of money with them accompanied with huge expectations from five-star hotels.

SWOT ANALYSIS OF TAJ HOTELS by Sayed Arif in Marketing category on caninariojana.com

In last years, many guests also pay for the extra services they demand. More guests accommodate in hotel, more services they demand and obviously they pay more which means industry will grow.

With the increasing number of guests, services provided also needs to be luxurious and good. The economy of India has faced minimal drop because of financial system and controlled status in country.

This will enable the hotels to concentrate on foreign travelers allowing the local market to get relief to Indian Hotel industry. Social Factors Changes in social factors impact the demand for firm services and products.analyze the Taj Group of Hotels through the specific analysis of Taj (luxury full-service hotels, resorts and palaces), Taj Exotica, Taj Safaris,.

Vivanta, . An Analysis on Taj Group of Hotels Executive Summary The primary objective of this report is to analyze the Taj Group of Hotels through the specific analysis of Taj (luxury full-service hotels, resorts and palaces), Taj Exotica, Taj Safaris.

The incredible rise of the Taj Group.

No description by Solo Talent on 14 December Tweet. Comments (0) SWOT Analysis Future Goals The Indian Hotels Company Limited also called Taj Hotels Resorts and Palaces -member of the TATA group -Asia's biggest and finest hotel company -a symbol of Indian hospitality hotels in 55 .

Home» Projects» SWOT ANALYSIS OF TAJ HOTELS SWOT ANALYSIS OF TAJ HOTELS This is a research report on SWOT ANALYSIS OF TAJ HOTELS uploaded by Sayed Arif in category: All Documents» Marketing» Marketing Management section of our research repository. Tourism S.W.O.T. Analysis of Hotel Industry by Mr.

Gour Kanjilal, Strength of The Hotel Industry, Weaknesses of The Hotel Industry, Opportunities of The Hotel Industry, Threats at The Hotel Industry, Transport Facilities, caninariojana.com Analysis for hotel industry is the best and modern way to find factors which affect it.

Social and environmental part play a significant role equally in strategic management. However, economic factors are divided into legal factors.