Report on the Contemporary Hospitality Industry: Trends and Analysis

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Added on  2023/02/07

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This report provides an in-depth analysis of the contemporary hospitality industry, focusing on operational, managerial, and legislative issues. It examines the current state of the UK hospitality sector, highlighting the industry's reliance on tourism and events, and the significant workforce demands. The report explores potential trends and developments, such as the increasing influence of global travel and budget airlines, and investigates specific areas like fusion cooking and street food. The conclusion emphasizes the industry's growth and the importance of adapting to evolving trends. The report references several academic sources to support its findings, offering a comprehensive overview of the hospitality landscape and future projections. This analysis helps to understand the dynamic nature of the hospitality industry and its ability to adapt and innovate to meet changing consumer demands and market conditions.
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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
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Introduction
Hospitality industry deals in providing knowledge to
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.
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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.
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Potential and prediction trends and
developments
Maximise in the disposable of large number of
populations that have persuaded to explore and travel
the worldwide which has been essential for business
entity.
The viability of global tourist via activity of budget
oriented airline services outputs in popularising
travelling trends.
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Investigation for expected trends and
developments
Fusion Cooking: It is helpful and essential for the
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.
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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. International Journal of Contemporary Hospitality Management. 22(4).
pp.535-551.
Elnasr E. Sobaih, A., Ritchie, C. and Jones, E., 2012. Consulting the oracle? Applications of
modified Delphi technique to qualitative research in the hospitality industry.
International Journal of Contemporary Hospitality Management. 24(6). pp.886-906.
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