What are the five 5 internal factors affecting the tourism and hotel industry?


What are the five 5 internal factors affecting the tourism and hotel industry? Factors influencing the internal environment are: tourism and human resources, organizational-management structure, infrastructure, material and technical base, technological factors.


Which economic factors affect the hospitality and tourism industry?

Economic Factors: Economic conditions like inflation, unemployment, recession, and economic instability directly impact the hotel business.


What are the 5 components of the importance of tourism and hospitality?

The five vital components of tourism system are Attraction, Accessibility, Accommodation, Amenities and Activities. a) Attraction: Tourism activity starts with the attractions. At a place or destination there has to be some attraction only then people or tourists will visit that area.


What are the internal factors affecting tourism business?

Internal Factors Values or Beliefs - A tourist believes or values a specific mode of conduct which is acceptable personally or socially. Personality of the Tourist - The nature and physique of a tourist plays an important role towards motivation in tourism.


What are the 8 components of tourism and hospitality?

For many years, however, the tourism industry was classified into eight sectors: accommodations, adventure and recreation, attractions, events and conferences, food and beverage, tourism services, transportation, and travel trade (Yukon Department of Tourism and Culture, 2013).


What are the factors affecting the travel and tourism industry?

Among these factors culture, peace, security, developed infrastructure of the world, visa facilities, natural beautification, attitude of the people, tourist number, Quarantine, World population, Education, Income level, Price level of different commodities in the world, different languages and fare of hotel etc are ...


What are the five 5 tourism and hospitality supply components?

Tourism supply components are classified into five main categories:
  • Natural Resources.
  • Infrastructure.
  • Superstructure.
  • Transportation and transportation equipment.
  • Hospitality resources.