This presentation provides an overview of the contemporary hospitality industry. It covers operational, managerial, and legislative issues, the actual picture of the industry, potential trends and developments, and concludes with references for further study.
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Contemporary Hospitality Industry TASK 3&4
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Content Introduction Operational, managerial and Legislaticve issue Actual Picture of Hospitality industry Potential and Prediction treands and development Investigated for expected trends and developments Conclusion References
Introduction Hospitalityindustrydealsinprovidingknowledgeto customer and this is effective for making creating good relations wit guest. In hospitality industry there are various segments which work to make changes in working styles. There are various segments which are accommodation, food and services.
Operational, managerial and legislative issues Operational Issues:It is identify as a main problems for a hospitality industry is increasing operating costs. Managerial issue: It is another problems which is been meet by the administration is shortfall of knowledgeable and capable workforce for the enterprise. Legislative problems:The shortfall in the employees is further enhanced by the Britain preferring out of EU.
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Actual picture of hospitality sector The economy future of UK is highly rely on hospitality industry and its capability to host and facilitate seminars, programmes and events. As per the research, there are around 60,000 person are employed in such industry and there is a extra need is more than 30,000 people in order to fulfil its basic demands.
Potential and prediction trends and developments Maximiseinthedisposableoflargenumberof populations that have persuaded to explore and travel the worldwide which has been essential for business entity. The viability of global tourist via activity ofbudget orientedairlineservicesoutputsinpopularising travelling trends.
Investigation for expected trends and developments FusionCooking:Itishelpfulandessentialforthe hospitality industry because it support the organisation in making sure that large number of person are capable related to creativity in their own culture and religion. Street Food: Accor Hotel will be facing a strong substance from the street food provider as they are cost friendly and more convenient.
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Conclusion From the above discussion it is clear that hospitality industry is a fast growing company which works to make changes in roles and responsibilities of its staff. It is effective for knowing changes which are taking place in industry.
References CG Davidson, M., McPhail, R. and Barry, S., 2011. Hospitality HRM: past, present and the future.International Journal of Contemporary Hospitality Management.23(4). pp.498- 516. Chen, P. T. and Hu, H. H., 2010. How determinant attributes of service quality influence customer-perceived value: an empirical investigation of the Australian coffee outlet industry.InternationalJournalofContemporaryHospitalityManagement.22(4). pp.535-551. Elnasr E. Sobaih, A., Ritchie, C. and Jones, E., 2012. Consulting the oracle? Applications of modifiedDelphitechniquetoqualitativeresearchinthehospitalityindustry. International Journal of Contemporary Hospitality Management.24(6). pp.886-906.