Impact of Brexit on Hospitality Industry in East London - Desklib

This study aims to determine the impact of Brexit on healthcare organizations in the United Kingdom, specifically on the productivity of The Cow hotel in East London. It also aims to analyze the effective ways to cope with the Brexit situation and determine the challenges faced by the hospitality industry due to the decision of Brexit.

T OPI C - T H E I MPA C T OF
B REX I T ON H OSPI TA L I T Y
I ND UST RY I N EA ST L O N DO N
Research Methodology

Table of Contents
 Introduction
 Aim
 Research Objectives
 Research Questions
 Rational of the study
 Literature Review
 Research Methodology
 Ethical Consideration
 Gantt chart
 Data Collection and Analysis
 Discussion and Conclusion
 References

Introduction
The term "Britain Exit" refers to the United
Kingdom's decision to leave the European
Union. Negotiations of items like permanent
residency and trade rules is component of the
method. The declaration of Brexit resulted in
the fall in the pound, a reduction in vehicle
manufacture in the UK, and also the finance
industry relocating $1 trillion in assets from the
UK to other European nations. Many
economists, however, feel that Brexit will be
beneficial to the UK's economy in the long run.

Aim
“To study the impact of Brexit on the
productivity &productivity of the hospitality
organization”. A case study of The Cow hotel

Research Objectives
 To understand the impact of Brexit on the hospitality Industry
in UK.
 To analyze the effective way that can helpful for the company
to cope with Brexit situation.
 To determine the challenges faced by hospitality industry
due to decision of Brexit

Research Questions
 What is the impact of Brexit on the hospitality Industry in
UK?
 What is the effective way that can helpful for the company to
cope with Brexit situation?
 Which are the challenges faced by hospitality industry due to
decision of Brexit ?

Rational of the study
 The study's main goal is to determine the impact of Brexit on
healthcare organisations in the United Kingdom. It has been
concluded that Brexit will have a negative impact on all UK
businesses, negatively impacting the country's commerce. The
country's hospitality industry was also adversely impacted.
With the aid of this investigation, the researcher will also be
able to uncover certain unique obstacles that have resulted in
various problems for The Cow, which is the most well-known
public hospitality organization in the United Kingdom.

Literature Review
 To understand the impact of Brexit on the hospitality Industry in
UK
According to Whitney James , (2021), showed that on the day of the
referendum result, the pound hit a 31-year low. Speculators' fears
about the UK's post-Brexit future were underscored by this. As
investors acclimated toward the news, the pounds rose over the next
year. After the Brexit transition proposals were offered and repeatedly
rebuffed, the pound plummeted even further. While a lower currency
helps exporters, the volatility of the pound reveals investment
scepticism. It also makes investing in UK fixed-income assets
unattractive, and foreign direct investment (FDI) is projected to slow.

Research Methodology
Research methodology is containing as the outline and technique
which can useful to enhance the
 Research Approach - It was discovered that the researcher uses
two types of research methods: inductive inquiry and deductive
research. Although two very different approaches are important &
meaningful for the literature review, the invaluable skills the
inductor methodological approach for such project's conduct &
success since it works to improve this same study's innovative
performance and can initiating actions &beneficial details with the
help among some observation research.
research process of the organization.

Ethical Consideration
 When it comes to performing research, ethics is crucial. In order for
research to be done in a meaningful way, researchers must operate in
an ethical manner. Ethics aids the investigator in completing each job
and activity of the study in an ethical and methodical manner. There
are several research ethical standards that must be addressed by
researchers while doing research, including confidentiality,
confidentiality of study respondents, informed consent, limiting
deceptive tactics, reducing the danger of damage, and many others.
It is critical to follow ethical standards in a systematic manner in
order to achieve the goals and objectives of research more effectively.

Gantt chart

Data Collection and Analysis
 Researchers can use data collection equipment to complete
their investigations in a timely and reliable method. For this
study, the researcher used a questionnaire as a data
gathering instrument.

Discussion and Conclusion
 The hospitals' accounting information was lacking in both
management and mitigation of manpower shortages.
Organizations didn't have enough time to reorganize all of the
objects that had already been destroyed as a result of Brexit
since it happened so rapidly. Furthermore, not only have
companies been badly impacted by Brexit, but so have
employees and the general population. Company has created a
range of ways to help reduce the impact of Brexit on their
businesses and their employees as a result of the negative
knock-on effects on the UK hospitality industry (Zhang, 2018).

References
 Breckenridge, A. and Feldschreiber, P., 2019. Impact of
Brexit on UK and EU drug regulation and patient
access. Clinical Pharmacology & Therapeutics, 105(4),
pp.923-925.
 Buckland, D., 2017. Brexit and the EMA: what's next for
the UK?. Prescriber, 28(5), pp.49-51.
 Cvenkel, N., 2019. Workers' Voice, HRM Practice, and
Leadership in the Public Sector: Multidimensional Well-
being at Work. Routledge.

Thank You