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Influence of a Country's Political Forces on Potential Investors: Sofitel Gold Coast Broadbeach Case Study

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Gold Coast Analysis The Political Force The stability of countries' political situation can significantly influence investors that intend to do business in these countries. In the case of the political environment in Australia, investors that want to address the country's accommodation sector must focus on the visa regime and carbon tax. Tourists that are not from New Zealand and want to visit Australia are required to have a visa. The visa must be obtained before arriving to the country. There are several types of visas provided by the Australian government. The tourist visa is an electronic visa that is easy to obtain. Tourists can apply online or by phone for the visa, which is not expensive. However, not all countries are included in this visa regime (Visas Australia, 2008). Therefore, it is important that tourists inform themselves before visiting the country. The Australian government has introduced a carbon tax that certain categories of stakeholders do not agree with. The opponents of the tax state that it is likely to lead to reduced numbers of jobs (ABC, 2012). In addition to this, the carbon tax is considered to increase the cost of living. The country's government considers that the carbon tax is necessary in meeting Australia's climate modification requirements (BBC, 2012). The government also states that individuals with lower incomes are likely to benefit from certain incentives. The accommodations industry in Australia produces $84 billion to the

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