SlideShare a Scribd company logo
1 of 12
SWOT ANALYSIS 
Submitted by 
Neeraj Singh Tanwar
WHAT IS SWOT ANALYSIS? 
Swot analysis is basically analysing a company’s : 
STRENGTH 
OPPORTUNITIES 
WEAKNESS 
THREATS
DEFINITION OF SWOT ANALYSIS 
 A SWOT analysis is a planning tool used to understand the 
Strengths, Weaknesses, Opportunities, and Threats 
involved in a project or in a business. 
 It involves specifying the objective of the business or 
project and identifying the internal and external factors 
that are supportive or unfavourable to achieving that 
objective. 
 SWOT is often used as part of a strategic planning 
process. SWOT or TOWS is an acronym for Strengths, 
Weaknesses, Opportunities, Threats.
SWOT 
ANALYSIS’ 
HISTORY 
•ORIGIN IS CREDITED TO ALBERT 
HUMPHREY. 
•DEVELOPED AT STANFORD. 
•FUNDED BY FORTUNE 500 
COMPANIES. 
•TOOK 9 YEARS TO DEVELOP. 
•INVOLVED 5000 INTERVIEWS.
SWOT IN DETAIL..... 
Strengths of hospitality industry 
 Natural and cultural diversity. 
 Demand-supply gap. 
 Government support. 
 Increase in the market.
Weaknesses of hospitality industry 
 Poor support infrastructure 
 Slow implementation 
 Susceptible to political events
Opportunities of hospitality industry 
 Rising income 
 Open sky benefits 
 Unique experience
Threats of hospitality industry 
 Fluctuations in international tourist arrivals 
 Increasing competition 
 Unstable economy 
 Terrorist activities 
 Political turbulence
APPLICATIONS OF SWOT ANALYSIS 
A SWOT analysis can be used for: 
 Workshop sessions 
 Problem solving 
 Planning 
 Product evaluation 
 Competitor evaluation 
 Personal Development Planning
AIM OF SWOT ANALYSIS 
 Reveal your competitive advantages 
 Analyze your prospects for sales, profitability and 
product development 
 Prepare your industry for problems 
 Allow for the development of contingency plans
SWOT ANALYSIS OF TAJ HOTELS 
Strengths 
107 yr old established brand 
64 rank in fortune 500 
Understanding different customer 
needs 
High brand salience or image 
Celebrity status 
Iconic Stature 
Early expansion 
Strategic location 
First mover advantage 
Weakness 
Complex ownership 
structure(Hindrance from property 
owners) 
Brand dilution 
Confused customer perception 
Only NRI s knew about it 
Non users positioning was not clear 
Brand abuse 
Losing emotional appeal 
11
Opportunities 
Untapped potential 
41% middle affluent class 
Luxury market to expand in INDIA 
Liberalization expanding into 
international markets 
Increase in tourist 
Gateway to fill middle segment 
vaccuum 
Threats 
Terrorist attack- rebuilding customer 
confidence in the brand 
New brands are launching at the same 
time—at the time of attack 
Liberalization—foreign competitor’s 
entering the market 
37 brands coming to India 
Recession 
12

More Related Content

What's hot

Customer experience taj
Customer experience tajCustomer experience taj
Customer experience tajhoney2212
 
INTRODUCTION TO THE HOSPITALITY INDUSTRY
INTRODUCTION TO THE HOSPITALITY INDUSTRYINTRODUCTION TO THE HOSPITALITY INDUSTRY
INTRODUCTION TO THE HOSPITALITY INDUSTRYindian chefrecipe
 
Internship Report on Dhaka Regency Hotel & Resort
Internship Report on Dhaka Regency Hotel & ResortInternship Report on Dhaka Regency Hotel & Resort
Internship Report on Dhaka Regency Hotel & ResortIstiak Ahmed
 
Human Resource Management in Hotel Industry
Human Resource Management in Hotel IndustryHuman Resource Management in Hotel Industry
Human Resource Management in Hotel IndustryZeinul Haleem
 
Hospitality Services
Hospitality ServicesHospitality Services
Hospitality Servicesnooris79
 
Human Resource Planning In Hotel Business
Human  Resource  Planning  In  Hotel  BusinessHuman  Resource  Planning  In  Hotel  Business
Human Resource Planning In Hotel Businessguest61a8d3
 
Taj brand and customer layality
Taj brand and customer layality Taj brand and customer layality
Taj brand and customer layality Mohit Kumar Rai
 
Oberoi Hotel - Bcg , Pestle Analysis ,
Oberoi Hotel - Bcg , Pestle Analysis , Oberoi Hotel - Bcg , Pestle Analysis ,
Oberoi Hotel - Bcg , Pestle Analysis , Amazon Web Services
 
Presentation Motivational leadership in the hospitality industry
Presentation Motivational leadership in the hospitality  industryPresentation Motivational leadership in the hospitality  industry
Presentation Motivational leadership in the hospitality industryUnitedworld School Of Business
 
Hotel sales strategy
Hotel sales strategyHotel sales strategy
Hotel sales strategyNaresh Kumar
 
Marketing Management Project 2 - The Leela Hotels Marketing Strategy v1.0
Marketing Management Project 2 - The Leela Hotels Marketing Strategy v1.0Marketing Management Project 2 - The Leela Hotels Marketing Strategy v1.0
Marketing Management Project 2 - The Leela Hotels Marketing Strategy v1.0Pragun Jain
 
marketing STP ITC Hotel
marketing STP ITC Hotelmarketing STP ITC Hotel
marketing STP ITC HotelAbhishek kyal
 
The marketing plan of Hilton Worldwide
The marketing plan of Hilton Worldwide The marketing plan of Hilton Worldwide
The marketing plan of Hilton Worldwide Gabriella (Xin) Xie
 
Analysis of hotel industry in porter's five competitive forces
Analysis of hotel industry in porter's five competitive forcesAnalysis of hotel industry in porter's five competitive forces
Analysis of hotel industry in porter's five competitive forcesKrati Chouhan
 
Taj hotel crm Assignment by Chirag Dabgar
Taj hotel crm Assignment by Chirag DabgarTaj hotel crm Assignment by Chirag Dabgar
Taj hotel crm Assignment by Chirag Dabgar915738
 

What's hot (20)

Hilton Hotels
Hilton HotelsHilton Hotels
Hilton Hotels
 
Hotel marketing
Hotel marketing Hotel marketing
Hotel marketing
 
Customer experience taj
Customer experience tajCustomer experience taj
Customer experience taj
 
ITC Hotels
ITC HotelsITC Hotels
ITC Hotels
 
INTRODUCTION TO THE HOSPITALITY INDUSTRY
INTRODUCTION TO THE HOSPITALITY INDUSTRYINTRODUCTION TO THE HOSPITALITY INDUSTRY
INTRODUCTION TO THE HOSPITALITY INDUSTRY
 
Internship Report on Dhaka Regency Hotel & Resort
Internship Report on Dhaka Regency Hotel & ResortInternship Report on Dhaka Regency Hotel & Resort
Internship Report on Dhaka Regency Hotel & Resort
 
Human Resource Management in Hotel Industry
Human Resource Management in Hotel IndustryHuman Resource Management in Hotel Industry
Human Resource Management in Hotel Industry
 
Hospitality Services
Hospitality ServicesHospitality Services
Hospitality Services
 
Human Resource Planning In Hotel Business
Human  Resource  Planning  In  Hotel  BusinessHuman  Resource  Planning  In  Hotel  Business
Human Resource Planning In Hotel Business
 
Hospitality industry
Hospitality industry Hospitality industry
Hospitality industry
 
Taj brand and customer layality
Taj brand and customer layality Taj brand and customer layality
Taj brand and customer layality
 
Oberoi Hotel - Bcg , Pestle Analysis ,
Oberoi Hotel - Bcg , Pestle Analysis , Oberoi Hotel - Bcg , Pestle Analysis ,
Oberoi Hotel - Bcg , Pestle Analysis ,
 
Presentation Motivational leadership in the hospitality industry
Presentation Motivational leadership in the hospitality  industryPresentation Motivational leadership in the hospitality  industry
Presentation Motivational leadership in the hospitality industry
 
Hotel sales strategy
Hotel sales strategyHotel sales strategy
Hotel sales strategy
 
HR Case Study - Hotel Taj
HR Case Study - Hotel TajHR Case Study - Hotel Taj
HR Case Study - Hotel Taj
 
Marketing Management Project 2 - The Leela Hotels Marketing Strategy v1.0
Marketing Management Project 2 - The Leela Hotels Marketing Strategy v1.0Marketing Management Project 2 - The Leela Hotels Marketing Strategy v1.0
Marketing Management Project 2 - The Leela Hotels Marketing Strategy v1.0
 
marketing STP ITC Hotel
marketing STP ITC Hotelmarketing STP ITC Hotel
marketing STP ITC Hotel
 
The marketing plan of Hilton Worldwide
The marketing plan of Hilton Worldwide The marketing plan of Hilton Worldwide
The marketing plan of Hilton Worldwide
 
Analysis of hotel industry in porter's five competitive forces
Analysis of hotel industry in porter's five competitive forcesAnalysis of hotel industry in porter's five competitive forces
Analysis of hotel industry in porter's five competitive forces
 
Taj hotel crm Assignment by Chirag Dabgar
Taj hotel crm Assignment by Chirag DabgarTaj hotel crm Assignment by Chirag Dabgar
Taj hotel crm Assignment by Chirag Dabgar
 

Similar to Swot Analysis for Hospitality Industry

How to create a perfect SWOT Analysis ?
How to create a perfect SWOT Analysis ? How to create a perfect SWOT Analysis ?
How to create a perfect SWOT Analysis ? Anas El-Abrak
 
Strengths, weaknesses, opportunities, threats
Strengths, weaknesses, opportunities, threatsStrengths, weaknesses, opportunities, threats
Strengths, weaknesses, opportunities, threatsSiegel High School
 
SWAT analysis - strengths, weaknesses, opportunities, and threats
SWAT analysis - strengths, weaknesses, opportunities, and threatsSWAT analysis - strengths, weaknesses, opportunities, and threats
SWAT analysis - strengths, weaknesses, opportunities, and threatsacropolisinfotech
 
SWOT AnalysisWhat is a SWOT AnalysisA .docx
SWOT AnalysisWhat is a SWOT AnalysisA .docxSWOT AnalysisWhat is a SWOT AnalysisA .docx
SWOT AnalysisWhat is a SWOT AnalysisA .docxssuserf9c51d
 
Developing competitive advantage and strategic focus
Developing competitive advantage and strategic focusDeveloping competitive advantage and strategic focus
Developing competitive advantage and strategic focusAshraf Hlouh
 
Swot analysis
Swot analysis Swot analysis
Swot analysis apnamba1
 
Marketing Management - Basics Level Two
Marketing Management - Basics Level TwoMarketing Management - Basics Level Two
Marketing Management - Basics Level TwoSarosh Gul
 
Chapter no 8 by BPP BY Aamir Mugheri
Chapter no 8 by BPP BY Aamir MugheriChapter no 8 by BPP BY Aamir Mugheri
Chapter no 8 by BPP BY Aamir MugheriAamir Mugheri
 
SWOT ANALYSIS 2.pptx
SWOT ANALYSIS 2.pptxSWOT ANALYSIS 2.pptx
SWOT ANALYSIS 2.pptxDr.RPCAU
 
Understanding local networks
Understanding local networksUnderstanding local networks
Understanding local networksAnna De Vera
 
Session 9: Business Work Improvement Course (Diagnosing the Overall Situation...
Session 9: Business Work Improvement Course (Diagnosing the Overall Situation...Session 9: Business Work Improvement Course (Diagnosing the Overall Situation...
Session 9: Business Work Improvement Course (Diagnosing the Overall Situation...Lym Relampagos Ongoy
 

Similar to Swot Analysis for Hospitality Industry (20)

Swot analysis
Swot analysisSwot analysis
Swot analysis
 
Intro MPA 208 Planning Workshop
Intro MPA 208 Planning WorkshopIntro MPA 208 Planning Workshop
Intro MPA 208 Planning Workshop
 
How to create a perfect SWOT Analysis ?
How to create a perfect SWOT Analysis ? How to create a perfect SWOT Analysis ?
How to create a perfect SWOT Analysis ?
 
Swot analysis
Swot analysisSwot analysis
Swot analysis
 
SWOT-Analysis.pptx
SWOT-Analysis.pptxSWOT-Analysis.pptx
SWOT-Analysis.pptx
 
Strengths, weaknesses, opportunities, threats
Strengths, weaknesses, opportunities, threatsStrengths, weaknesses, opportunities, threats
Strengths, weaknesses, opportunities, threats
 
SWAT analysis - strengths, weaknesses, opportunities, and threats
SWAT analysis - strengths, weaknesses, opportunities, and threatsSWAT analysis - strengths, weaknesses, opportunities, and threats
SWAT analysis - strengths, weaknesses, opportunities, and threats
 
SWOT AnalysisWhat is a SWOT AnalysisA .docx
SWOT AnalysisWhat is a SWOT AnalysisA .docxSWOT AnalysisWhat is a SWOT AnalysisA .docx
SWOT AnalysisWhat is a SWOT AnalysisA .docx
 
Developing competitive advantage and strategic focus
Developing competitive advantage and strategic focusDeveloping competitive advantage and strategic focus
Developing competitive advantage and strategic focus
 
SWOT Analysis
SWOT AnalysisSWOT Analysis
SWOT Analysis
 
Swot analysis
Swot analysis Swot analysis
Swot analysis
 
Marketing Management - Basics Level Two
Marketing Management - Basics Level TwoMarketing Management - Basics Level Two
Marketing Management - Basics Level Two
 
SWOT Analysis
SWOT AnalysisSWOT Analysis
SWOT Analysis
 
Swot analysis
Swot analysisSwot analysis
Swot analysis
 
Chapter no 8 by BPP BY Aamir Mugheri
Chapter no 8 by BPP BY Aamir MugheriChapter no 8 by BPP BY Aamir Mugheri
Chapter no 8 by BPP BY Aamir Mugheri
 
SWOT ANALYSIS 2.pptx
SWOT ANALYSIS 2.pptxSWOT ANALYSIS 2.pptx
SWOT ANALYSIS 2.pptx
 
Swot
SwotSwot
Swot
 
Understanding local networks
Understanding local networksUnderstanding local networks
Understanding local networks
 
Swot Analysis
Swot AnalysisSwot Analysis
Swot Analysis
 
Session 9: Business Work Improvement Course (Diagnosing the Overall Situation...
Session 9: Business Work Improvement Course (Diagnosing the Overall Situation...Session 9: Business Work Improvement Course (Diagnosing the Overall Situation...
Session 9: Business Work Improvement Course (Diagnosing the Overall Situation...
 

Recently uploaded

International Business Environments and Operations 16th Global Edition test b...
International Business Environments and Operations 16th Global Edition test b...International Business Environments and Operations 16th Global Edition test b...
International Business Environments and Operations 16th Global Edition test b...ssuserf63bd7
 
Call Girls In Sikandarpur Gurgaon ❤️8860477959_Russian 100% Genuine Escorts I...
Call Girls In Sikandarpur Gurgaon ❤️8860477959_Russian 100% Genuine Escorts I...Call Girls In Sikandarpur Gurgaon ❤️8860477959_Russian 100% Genuine Escorts I...
Call Girls In Sikandarpur Gurgaon ❤️8860477959_Russian 100% Genuine Escorts I...lizamodels9
 
Ten Organizational Design Models to align structure and operations to busines...
Ten Organizational Design Models to align structure and operations to busines...Ten Organizational Design Models to align structure and operations to busines...
Ten Organizational Design Models to align structure and operations to busines...Seta Wicaksana
 
8447779800, Low rate Call girls in Uttam Nagar Delhi NCR
8447779800, Low rate Call girls in Uttam Nagar Delhi NCR8447779800, Low rate Call girls in Uttam Nagar Delhi NCR
8447779800, Low rate Call girls in Uttam Nagar Delhi NCRashishs7044
 
/:Call Girls In Indirapuram Ghaziabad ➥9990211544 Independent Best Escorts In...
/:Call Girls In Indirapuram Ghaziabad ➥9990211544 Independent Best Escorts In.../:Call Girls In Indirapuram Ghaziabad ➥9990211544 Independent Best Escorts In...
/:Call Girls In Indirapuram Ghaziabad ➥9990211544 Independent Best Escorts In...lizamodels9
 
Annual General Meeting Presentation Slides
Annual General Meeting Presentation SlidesAnnual General Meeting Presentation Slides
Annual General Meeting Presentation SlidesKeppelCorporation
 
FULL ENJOY Call girls in Paharganj Delhi | 8377087607
FULL ENJOY Call girls in Paharganj Delhi | 8377087607FULL ENJOY Call girls in Paharganj Delhi | 8377087607
FULL ENJOY Call girls in Paharganj Delhi | 8377087607dollysharma2066
 
Organizational Structure Running A Successful Business
Organizational Structure Running A Successful BusinessOrganizational Structure Running A Successful Business
Organizational Structure Running A Successful BusinessSeta Wicaksana
 
(Best) ENJOY Call Girls in Faridabad Ex | 8377087607
(Best) ENJOY Call Girls in Faridabad Ex | 8377087607(Best) ENJOY Call Girls in Faridabad Ex | 8377087607
(Best) ENJOY Call Girls in Faridabad Ex | 8377087607dollysharma2066
 
Kenya Coconut Production Presentation by Dr. Lalith Perera
Kenya Coconut Production Presentation by Dr. Lalith PereraKenya Coconut Production Presentation by Dr. Lalith Perera
Kenya Coconut Production Presentation by Dr. Lalith Pereraictsugar
 
Digital Transformation in the PLM domain - distrib.pdf
Digital Transformation in the PLM domain - distrib.pdfDigital Transformation in the PLM domain - distrib.pdf
Digital Transformation in the PLM domain - distrib.pdfJos Voskuil
 
Future Of Sample Report 2024 | Redacted Version
Future Of Sample Report 2024 | Redacted VersionFuture Of Sample Report 2024 | Redacted Version
Future Of Sample Report 2024 | Redacted VersionMintel Group
 
Youth Involvement in an Innovative Coconut Value Chain by Mwalimu Menza
Youth Involvement in an Innovative Coconut Value Chain by Mwalimu MenzaYouth Involvement in an Innovative Coconut Value Chain by Mwalimu Menza
Youth Involvement in an Innovative Coconut Value Chain by Mwalimu Menzaictsugar
 
Cybersecurity Awareness Training Presentation v2024.03
Cybersecurity Awareness Training Presentation v2024.03Cybersecurity Awareness Training Presentation v2024.03
Cybersecurity Awareness Training Presentation v2024.03DallasHaselhorst
 
Pitch Deck Teardown: Geodesic.Life's $500k Pre-seed deck
Pitch Deck Teardown: Geodesic.Life's $500k Pre-seed deckPitch Deck Teardown: Geodesic.Life's $500k Pre-seed deck
Pitch Deck Teardown: Geodesic.Life's $500k Pre-seed deckHajeJanKamps
 
Investment in The Coconut Industry by Nancy Cheruiyot
Investment in The Coconut Industry by Nancy CheruiyotInvestment in The Coconut Industry by Nancy Cheruiyot
Investment in The Coconut Industry by Nancy Cheruiyotictsugar
 
Marketplace and Quality Assurance Presentation - Vincent Chirchir
Marketplace and Quality Assurance Presentation - Vincent ChirchirMarketplace and Quality Assurance Presentation - Vincent Chirchir
Marketplace and Quality Assurance Presentation - Vincent Chirchirictsugar
 
Call Us 📲8800102216📞 Call Girls In DLF City Gurgaon
Call Us 📲8800102216📞 Call Girls In DLF City GurgaonCall Us 📲8800102216📞 Call Girls In DLF City Gurgaon
Call Us 📲8800102216📞 Call Girls In DLF City Gurgaoncallgirls2057
 
Keppel Ltd. 1Q 2024 Business Update Presentation Slides
Keppel Ltd. 1Q 2024 Business Update  Presentation SlidesKeppel Ltd. 1Q 2024 Business Update  Presentation Slides
Keppel Ltd. 1Q 2024 Business Update Presentation SlidesKeppelCorporation
 

Recently uploaded (20)

International Business Environments and Operations 16th Global Edition test b...
International Business Environments and Operations 16th Global Edition test b...International Business Environments and Operations 16th Global Edition test b...
International Business Environments and Operations 16th Global Edition test b...
 
Call Girls In Sikandarpur Gurgaon ❤️8860477959_Russian 100% Genuine Escorts I...
Call Girls In Sikandarpur Gurgaon ❤️8860477959_Russian 100% Genuine Escorts I...Call Girls In Sikandarpur Gurgaon ❤️8860477959_Russian 100% Genuine Escorts I...
Call Girls In Sikandarpur Gurgaon ❤️8860477959_Russian 100% Genuine Escorts I...
 
Ten Organizational Design Models to align structure and operations to busines...
Ten Organizational Design Models to align structure and operations to busines...Ten Organizational Design Models to align structure and operations to busines...
Ten Organizational Design Models to align structure and operations to busines...
 
Japan IT Week 2024 Brochure by 47Billion (English)
Japan IT Week 2024 Brochure by 47Billion (English)Japan IT Week 2024 Brochure by 47Billion (English)
Japan IT Week 2024 Brochure by 47Billion (English)
 
8447779800, Low rate Call girls in Uttam Nagar Delhi NCR
8447779800, Low rate Call girls in Uttam Nagar Delhi NCR8447779800, Low rate Call girls in Uttam Nagar Delhi NCR
8447779800, Low rate Call girls in Uttam Nagar Delhi NCR
 
/:Call Girls In Indirapuram Ghaziabad ➥9990211544 Independent Best Escorts In...
/:Call Girls In Indirapuram Ghaziabad ➥9990211544 Independent Best Escorts In.../:Call Girls In Indirapuram Ghaziabad ➥9990211544 Independent Best Escorts In...
/:Call Girls In Indirapuram Ghaziabad ➥9990211544 Independent Best Escorts In...
 
Annual General Meeting Presentation Slides
Annual General Meeting Presentation SlidesAnnual General Meeting Presentation Slides
Annual General Meeting Presentation Slides
 
FULL ENJOY Call girls in Paharganj Delhi | 8377087607
FULL ENJOY Call girls in Paharganj Delhi | 8377087607FULL ENJOY Call girls in Paharganj Delhi | 8377087607
FULL ENJOY Call girls in Paharganj Delhi | 8377087607
 
Organizational Structure Running A Successful Business
Organizational Structure Running A Successful BusinessOrganizational Structure Running A Successful Business
Organizational Structure Running A Successful Business
 
(Best) ENJOY Call Girls in Faridabad Ex | 8377087607
(Best) ENJOY Call Girls in Faridabad Ex | 8377087607(Best) ENJOY Call Girls in Faridabad Ex | 8377087607
(Best) ENJOY Call Girls in Faridabad Ex | 8377087607
 
Kenya Coconut Production Presentation by Dr. Lalith Perera
Kenya Coconut Production Presentation by Dr. Lalith PereraKenya Coconut Production Presentation by Dr. Lalith Perera
Kenya Coconut Production Presentation by Dr. Lalith Perera
 
Digital Transformation in the PLM domain - distrib.pdf
Digital Transformation in the PLM domain - distrib.pdfDigital Transformation in the PLM domain - distrib.pdf
Digital Transformation in the PLM domain - distrib.pdf
 
Future Of Sample Report 2024 | Redacted Version
Future Of Sample Report 2024 | Redacted VersionFuture Of Sample Report 2024 | Redacted Version
Future Of Sample Report 2024 | Redacted Version
 
Youth Involvement in an Innovative Coconut Value Chain by Mwalimu Menza
Youth Involvement in an Innovative Coconut Value Chain by Mwalimu MenzaYouth Involvement in an Innovative Coconut Value Chain by Mwalimu Menza
Youth Involvement in an Innovative Coconut Value Chain by Mwalimu Menza
 
Cybersecurity Awareness Training Presentation v2024.03
Cybersecurity Awareness Training Presentation v2024.03Cybersecurity Awareness Training Presentation v2024.03
Cybersecurity Awareness Training Presentation v2024.03
 
Pitch Deck Teardown: Geodesic.Life's $500k Pre-seed deck
Pitch Deck Teardown: Geodesic.Life's $500k Pre-seed deckPitch Deck Teardown: Geodesic.Life's $500k Pre-seed deck
Pitch Deck Teardown: Geodesic.Life's $500k Pre-seed deck
 
Investment in The Coconut Industry by Nancy Cheruiyot
Investment in The Coconut Industry by Nancy CheruiyotInvestment in The Coconut Industry by Nancy Cheruiyot
Investment in The Coconut Industry by Nancy Cheruiyot
 
Marketplace and Quality Assurance Presentation - Vincent Chirchir
Marketplace and Quality Assurance Presentation - Vincent ChirchirMarketplace and Quality Assurance Presentation - Vincent Chirchir
Marketplace and Quality Assurance Presentation - Vincent Chirchir
 
Call Us 📲8800102216📞 Call Girls In DLF City Gurgaon
Call Us 📲8800102216📞 Call Girls In DLF City GurgaonCall Us 📲8800102216📞 Call Girls In DLF City Gurgaon
Call Us 📲8800102216📞 Call Girls In DLF City Gurgaon
 
Keppel Ltd. 1Q 2024 Business Update Presentation Slides
Keppel Ltd. 1Q 2024 Business Update  Presentation SlidesKeppel Ltd. 1Q 2024 Business Update  Presentation Slides
Keppel Ltd. 1Q 2024 Business Update Presentation Slides
 

Swot Analysis for Hospitality Industry

  • 1. SWOT ANALYSIS Submitted by Neeraj Singh Tanwar
  • 2. WHAT IS SWOT ANALYSIS? Swot analysis is basically analysing a company’s : STRENGTH OPPORTUNITIES WEAKNESS THREATS
  • 3. DEFINITION OF SWOT ANALYSIS  A SWOT analysis is a planning tool used to understand the Strengths, Weaknesses, Opportunities, and Threats involved in a project or in a business.  It involves specifying the objective of the business or project and identifying the internal and external factors that are supportive or unfavourable to achieving that objective.  SWOT is often used as part of a strategic planning process. SWOT or TOWS is an acronym for Strengths, Weaknesses, Opportunities, Threats.
  • 4. SWOT ANALYSIS’ HISTORY •ORIGIN IS CREDITED TO ALBERT HUMPHREY. •DEVELOPED AT STANFORD. •FUNDED BY FORTUNE 500 COMPANIES. •TOOK 9 YEARS TO DEVELOP. •INVOLVED 5000 INTERVIEWS.
  • 5. SWOT IN DETAIL..... Strengths of hospitality industry  Natural and cultural diversity.  Demand-supply gap.  Government support.  Increase in the market.
  • 6. Weaknesses of hospitality industry  Poor support infrastructure  Slow implementation  Susceptible to political events
  • 7. Opportunities of hospitality industry  Rising income  Open sky benefits  Unique experience
  • 8. Threats of hospitality industry  Fluctuations in international tourist arrivals  Increasing competition  Unstable economy  Terrorist activities  Political turbulence
  • 9. APPLICATIONS OF SWOT ANALYSIS A SWOT analysis can be used for:  Workshop sessions  Problem solving  Planning  Product evaluation  Competitor evaluation  Personal Development Planning
  • 10. AIM OF SWOT ANALYSIS  Reveal your competitive advantages  Analyze your prospects for sales, profitability and product development  Prepare your industry for problems  Allow for the development of contingency plans
  • 11. SWOT ANALYSIS OF TAJ HOTELS Strengths 107 yr old established brand 64 rank in fortune 500 Understanding different customer needs High brand salience or image Celebrity status Iconic Stature Early expansion Strategic location First mover advantage Weakness Complex ownership structure(Hindrance from property owners) Brand dilution Confused customer perception Only NRI s knew about it Non users positioning was not clear Brand abuse Losing emotional appeal 11
  • 12. Opportunities Untapped potential 41% middle affluent class Luxury market to expand in INDIA Liberalization expanding into international markets Increase in tourist Gateway to fill middle segment vaccuum Threats Terrorist attack- rebuilding customer confidence in the brand New brands are launching at the same time—at the time of attack Liberalization—foreign competitor’s entering the market 37 brands coming to India Recession 12