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Conferencing and Banqueting Management Assignment

   

Added on  2020-06-04

9 Pages1730 Words51 Views
Conferencing andBanqueting Management
Conferencing and Banqueting Management Assignment_1
TABLE OF CONTENTSINTRODUCTION...........................................................................................................................1TASK A...........................................................................................................................................11.1) Size and scope in UK......................................................................................................11.2 Factors influencing its development.................................................................................3CONCLUSION................................................................................................................................5ILLUSTRATION INDEXIllustration 1: Majestic Banqueting Hall Birmingham...................................................................2
Conferencing and Banqueting Management Assignment_2
INTRODUCTIONEntrepreneurs are getting many opportunities in UK as it has become hub for manycorporate companies. In this, hospitality-industry is among the highest contributing industry interms of economy. In the industry there is increase in demand of conference and banquetingwhich considered as crucial. Banquet is a benevolent-gathering or celebration where large massof individual interact in function and or celebrate occasions (Bouchon, Hussain and Konar,2017). On the other hand, conference is formal and official events or activities like academic,business and professional meeting conducted among various parties. The present report is basedon, scope and size of conference and banqueting sector where its influential strategic operationalactivities and issues affecting it are identified. The industry takes responsibility for carry off andmanaging all the activities by using strategic tools and techniques.TASK A1.1) Size and scope in UK.Banqueting and conferencing are major groups of Hospitality industry. In UK, it ishighest growing sector having greater scope in arrangement, management and operationalactivities of events. The country is economically developed one and has efficient power toorganize larger conferences. The industry has highly contributed in enhancing the level ofeconomy and development of UK. SizeIn 2016, there are around 25000 firms involved in the banqueting and conferenceindustry. Hilton, Marriott and various other organisations, organises more than 6650 venuesevery year in conference and banqueting sector (Simmonds, 2017). For conference only thereare over 85-m event attendees, 9 bn meeting rooms conducting over 1.5-m businessmeeting/year (Park and et. al., 2016). In 2017, industry's the top 10-organizations were havingaverage-budget over £85000 and turnover around £3.5 b. There are more than 570,000 peopleinvolved in it. As per the report of QEII Centre, the industry has contributed £100m gross valueadded (GVA), in 2015/16 in UK and gross expenditure generated was £218 million (UK EventIndustry Facts & Stats, 2017). For the same year they have recorded 231,900 visitors forattending the banqueting events. Moreover, there has been advanced booking of 39% for2018/19. UK holds 2ndposition in global meetings internationally. Moreover, 3rd largest in
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