Threats and Opportunities Example
There are still threats even thought this is an international company. First of all, there are numerous competitions from other companies which are involved in the same industry. Example of such companies includes (name1) and(name2). Besides that, there are quite a number of budget hotels which provides cheaper alternative. So, when comparing the rate of room between budget hotels with Shangri la hotel, people will be choosing the cheaper alternative and not willing to pay a higher price. The global slow down in the economies of western-developed nations such as (country names) can also be seen as a threat as it could affect our country’s tourism sector.
There are still threats even though this is an international company. First of all, there are numerous competitions from other companies which are involved in the same industry. Example of such companies includes (examples). Besides that there are quite a number of budget hotels which provides cheaper alternative. So, when comparing the rate of room between budget hotels with our hotel, people will be choosing the cheaper alternative and not willing to pay a higher price. The global slow down in the economies of western-developed nations such as (country names) can also be seen as a threat as it could affect our country’s tourism sector.
There are still threats even though this is an international company. First of all, there are numerous competitions from other companies which are involved in the same industry. Example of such companies includes (examples). Besides that there are quite a number of budget hotels which provides cheaper alternative. So, when comparing the rate of room between budget hotels with our hotel, people will be choosing the cheaper alternative and not willing to pay a higher price. The global slow down in the economies of western-developed nations such as (country names) can also be seen as a threat as it could affect our country’s tourism sector.