How to be a sustainable brand in hospitality and tourism industries
TravelSimply2021-12-25T11:24:30+00:00Sustainability is a frequent topic of discussion in this day and age. This isn’t just about protecting the ecosystem and the environment. It’s also about other aspects, including industries such as hospitality and tourism. A case study: Although there is definitely a threat of new entrants and the competitive rivalry is pretty strong, The Hibiscus Tree does not face the threat of substitutes and the bargaining power of its customers & suppliers are relatively low. In spite of the political instability, the current exchange rate and the low population growth rate in South Australia, modern technological shifts have supported the business [...]
