Trends Volatility of political environment Tourism policy Potential impact on

Trends volatility of political environment tourism

This preview shows page 16 - 19 out of 24 pages.

TrendsVolatility of political environmentTourism policyPotential impact on Marino Enterprises Reduction in training funding means that marino enterprises will need to dedicate more money to trainingEconomic influencesCurrent issuesHigh level of disposable income.Positive demand for Australian tourism following recovery from GFCTrendsNeed to have a point of difference to stand out from other venues.Potential impact on Marino Enterprises Must keep an eye on economic factors and be prepared to react.
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Technological influencesCurrent issuesImpact of internet on bookings, review, comparisons.Power of sites such as TripAdvisor, WotifTrendsMassive increase in use of social media.Demand for accessible WI-FIPotential impact on Marino Enterprises Must keep up to date with technology.Consider provision of free Wi-Fi.Environmental influencesCurrent issuesEnergy/resource use in hospitality industry is high.EPA requirement.TrendsMany trendy establishments furnishing venues with recycled furniture, mismatched, cutlery etc. Potential impact on Marino Enterprises Need to be seen to be environmentally conscious.Comply with all EPA requirements.Legal influencesCurrent issuesincrease in ‘illegal accommodation’ with private accommodation being used forshort stay accommodation.TrendsPotential impact on Marino Enterprises High cost of penalty rates - particularly Sundays and public holidays compliance with legislation. Cite your Source here:En.wikipedia.org.(2020).Socialinfluence.[online]Availableat: [Accessed 28 Jan. 2020].The Manufacturer. (2020).How to prosper and grow in the most volatile political and economic environmentin a generation - The Manufacturer. [online] Available at: -prosper-and-grow-in-the-most-volatile-political-and-economic-environment-in-a-generation/ [Accessed 28Jan. 2020].2.Document how you sourced information for the previous question from at least three ofthe sources listed.Discussion with experienced industry personnelIndustry expert attending learning environment
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Industry personnel at venues student has visitedIndustry personnel known to studentIndustry accreditation operatorsDocumentation or discussion Australia tourism accreditation programIndustry associations and organisationsInternet, journal or discussion Australian hotels associationIndustry journals, reference books and seminarsHospitality magazineText bookOpen house news magazineLibraries and mediaTV reportNewspaper articlesAccess to book and journal at libraryNetworking with colleagues and suppliersAttendance at networking opportunities Personal observation and experienceIncluding personal observationsPlain English documents issued by government regulators that describe laws relevant to the hospitality industryISO 22000 2005 Translated into Plain English - Food Safety System RequirementsTraining courses you have attendedRSA, RSG, coursesUnionsUse of website or hard copy resources or discussionsDevelopers of codes of conduct or ethicsWorker code of conductTourism Australia code of conduct3. Think about a hospitality venue that is similar to Marino Enterprises that you have
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