The hotel industry in India is going through an interesting phase. One of the major reasons for the increase in demand for hotel rooms in the country is the boom in the overall Economy and high growth in sectors like information technology‚ telecom‚ retail and real estate. Rising stock market and new business opportunities are also attracting hordes of foreign investors and international corporate travellers to look for business opportunities in the country. Hotel industry is also inextricably
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PESTEL/ PESTLE/ PEST Analysis of hospitality industry Traditionally PESTEL analysis was known as the PEST analysis and only in the modern times did the use of the word PESTLE came into being. Social part of the PEST is split into environmental factors too as those have a significant role in the strategic management these days. Along with that economic factors are split into legal factors for the same previously mentioned reason. Political Environment “These refer to government policy such as
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Brochure More information from http://www.researchandmarkets.com/reports/835361/ A Profile of the Indian Paint Industry‚ 4th Edition Description: - A decorative paint market of at least 2‚000‚000 tonnes by 2013 as international influences are established and consumers grow more adventurous; - Steady growth in the automotive market as Indian car ownership increases in line with affordability and infrastructure; - Strong growth in the Indian powder coatings segment‚ as new applications
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Music Industry Analysis For most‚ it seems like a pretty bad time to be part of the music industry. Something that the music industry can do to find a way to increase profits would be to find a new way to develop new artists. Everyone is scared that when everyone is getting all these songs for free‚ it is the beginning of the end of the music industry and that the sky is falling. People from the music industry say they are losing money‚ but what really is happening is that when you
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amongst people. The internet (e.g. streaming services online) is affecting the music industry in positive and negative ways with the amount of money or revenue being brought in. To listen to a song today‚ you don’t have to buy or download it. You simply stream it. (Woodruff‚ “Can the Music “) According to PBS’ Judy Woodruff‚ “that has led to a profound shift in the industry
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Hospitality Industry in China 1. Introductory With the fully social and economic development and improvement in China recently，the hospitality industry is undergoing changes from small scale to large and below standard to standardized. And after the entrance into WTO‚ the domestic hospitality industry became one of the first few enterprises in China engaged in the worldwide competition. Consequently‚ the hotel enterprises in China not only have to face the beneficial conflicts in competition with
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What Patriotism means to me! Do you believe in the love for your country? All the soldiers and heroes that are out there in the world fighting for our freedom? The respect and the courage that you may have. Patriotism is like an infection that travels around from one body to another and you can’t cure it with any medication. To me patriotism basically means the love and care for one’s country. Although it may have other definitions‚ the real and main one is “the love and devotion for your country”
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China Air Compressor Industry Report‚ 2014-2017 Summary According to data of the China General Machinery Industry Association Compressor Sub-Association (CCA)‚ the air compressor industry generated total industrial output value of RMB17.851 billion and operating revenue of RMB17.617 billion in 2013‚ both rising about 6.7% year on year‚ and registering CAGR of 8.2% and 8.1% during 2007-2013‚ respectively. It is expected that the downstream fields of air compressor will slow over the next several
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The Global Pharmaceutical Industry: Swallowing a Bitter Pill The case describes the evolution of the pharmaceutical industry and its strategic environment. Attention is drawn to environmental pressures from regulators and payers. Key forces driving the industry are discussed‚ including addressing unmet medical needs‚ the importance of innovation and time to market‚ and globalisation. The case illustrates how an increasingly hostile environment‚ combined with a decline in R&D productivity‚ led
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Electronic Manufacturing Industry Needs major push to meet country’s needs and realize potential Value Addition missing while we are exporting jobs ! ELCINA represents the Electronic Hardware Manufacturing sector‚ with a focus on electronic components‚ materials‚ assemblies as well as electronic manufacturing services which are the backbone of electronics. This sector has immense potential for value addition but has not been able to achieve its potential due to imports swamping the Indian market
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