Assessment of Operational, Managerial, and Legislative Issues in the Hospitality Industry
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This presentation discusses the assessment of operational, managerial, and legislative issues in the hospitality industry. It explores the impact of these issues on business activities and customer loyalty. The presentation also covers future trends, demand curve, accessible rooms, and strategies in the hospitality business.
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Contemporary Hospitality Industry TASK 3 & 4
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3.1 Assessment of operational, managerial and legislative problems resulting from recent developments affecting the hospitality industry. In any business which is under cover in hospitality industry, has many issues regarding operational, managerial and legislative. These issues can affect the business activities and also an impact seen in their customer loyalty •Operational Issues •Managerial Issues •Legislative Issues
Cont.… Operational Issues – •This types of issues are generally faced by everybusinesswhichcoverunderthis hospitality industry. •The main issue is shortage of skilled and trained labour in the organization.
Cont… •Managerial Issues –this issue is arisen in management team of any business.Theorganizationshould focusesonthemanagementand developbetterprofileofthat organization.
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Cont… •Legislative Issues –the legislative issuethataregeneratedinan organization of this industry are very critical and unethical. Many issuesarecomesfromnational andinternationalgovernmentso therearemanyproblemsand issues for the recent developments which can affect the industry.
3.2 Present image of this hospitality industry Accordingly, to the scenario this is very vast and growing up industry and also there are some issues in their business. These things are under noticed and a current image of this industry seen under few points which are as follows : •Future and emerging trends of budget hotels •Demand due to international competitiveness •Demand curve for this industry •Accessible rooms for aged and disable people •Strategies in the hospitality business
Cont… Future and emerging trends of budget hotels there is a good image for this industry this will lead to generate new customers. There are possible situations that could occur in the short to medium term where hotel is grading and provides quality services Demand due to international competitiveness It is based on Deloitte ranking the UK is compare with other cities like Geneva, Amsterdam, Paris while in service providing rate.
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Cont… •Demand curve for this industry: this is purely hotel based industry and due to this reason there are an increased level of occupancy related to the demand of hotel industry in the past few years. •Accessible rooms for aged and disable people: in this sector there are a great demand of accessible services for disable person and aged people. It is less compared to other nations because many people travelling to and from UK and visit.
Cont… Strategies in the hospitality business: In this sector there are economic downturns which may be going because there is forever a special room for the customer experience improvement. There are many strategies which follow by these organizations in the competitive world.
4.1Resenting the justified predictions for potential trends and developments in hospitality For presenting the main justified predictions for the developments and potential trends in this industry, there are taken into consideration in respect of hotel sector and food with beverages companies. •Food and Beverages Organization •Hotel Businesses of This Sector
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Cont… •Food and Beverages Organization this food and beverages are main aspects for these predictions. More significance is serviced by the constant attention use in cooking in home. New generation has better knowledge of technology and they are connected with all sector by online social media. •Hotel Businesses of This Sector in this scenario the customers are being provided services which is topmost priority when all predictions are made in this respect. The innovations are occurring in the respect of technology like confirmation check threw mobile and one more important trend is real time marketing and providing materials on a constant process.
4.2 Producing the impact analysis for the predicted developments and trends. •It is important thing is to satisfy customers through various future trends. The future is uncertain and it is about only this that it will consider as this is an important thing is realising the fact. •It is a great aspect of new technology. In addition to this, it is associated with the materiality and real time marketing. This is an essential thing is there are many things which will be changeable by technology and it is good for this industry.
REFERENCES •Kandampully, J., Zhang, T. and Bilgihan, A., 2015. Customer loyalty: a review and future directions with a special focus on the hospitality industry.International Journal of Contemporary Hospitality Management,27(3), pp.379-414. •Ali, F., Amin, M. and Cobanoglu, C., 2016. An integrated model of service experience, emotions, satisfaction, and price acceptance: aJournal of Hospitality Marketing & Managementn empirical analysis in the Chinese hospitality industry. , 25(4), pp.449-475. •Wang, C.J., 2014. Do ethical and sustainable practices matter? Effects of corporate citizenship on business performance in the hospitality industry.International Journal of Contemporary Hospitality Management, 26(6), pp.930-947.
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