Conference and Banqueting Management

CONFERENCE AND
BANQUETING
MANAGEMENT

INTRODUCTION
Conference and banqueting industry is in relation with the customer service of event
management (Hejase, Hamdar, and Maraouch, 2014). This report will present the study of size
and scope of industry and the factors influencing the development of conference and banqueting
industry. The report will also lay emphasis on operational and strategic issue of effective
management. The performance review and quality will also measure in the report.
TASK 1
1.1 The size and scope of the conference and banqueting industry in the UK
The conferencing and banqueting industry executed potential efforts in career
development and opportunities of growth from the past few years. The conferencing and
banqueting industry deal with events like formal and informal meeting, festivals, wedding, sport
event, trade fairs, cultural event, etc.
UK is referred to as most crucial destination of businesses in the world. Almost 1.5
Billion corporate events is held every year in UK. The conference and banqueting industry earns
£42.3 billion in the country UK (Yang, Yu, and Wang, 2016). There are almost 570,000 people
engage in conferencing and banqueting industry. Many tourists get attracted for the event of
destination wedding in the country UK (McGuire, Polla, and Heidl, 2017). This helps in overall
growth and development of industry and companies prevailing under it. The events which helps
the industry huge success are trade fairs, music fest, corporate hospitality, corporate event and
exhibitions.
The experts analysed that the companies in industry of conferencing and banqueting still
face challenges as there is no clear path for growth is expressed for entry. Also, the career
opportunities is not very popular. The conferencing and banqueting industry is earning over £50
billion every year by organizing events (An Introduction to the UK Event Industry in numbers,
2019). There is a wide scope available for business growth in this industry as they are prevailing
under phase of growing. The business offer success and future growth.
1.2 The factors which have influenced development of conference and banquet industry.
Certain factors which influences the development of banqueting and conferencing
industry will be discussed below as : Rate of unemployment - The rate of unemployment is factor which affects country a lot.
The increase in unemployment rate lead to customers shift towards fulfilling the need of