About this document
Uncontrollable Variables in Hospitality by Kumar Satyam is a document available to read on EtoBox.
The document discusses several uncontrollable variables that affect the hospitality industry: 1) Local and global economics, population shifts, and legal changes all impact the hospitality industry in major ways. When economies decline, the industry suffers from decreased discretionary spending. 2) Population shifts, such as the aging Baby Boomer generation and migration to smaller cities, require hospitality businesses to adapt their offerings to changing customer demographics and travel preferences.
- Author
- Kumar Satyam
- Language
- EN