Content covered •Introduction •Managerial, legislative & operational issue •Current image of hospitality industry •Prediction for the development and trend •an impact analysis for the predicted trends •Conclusion
Introduction Managementandoperationare essentialelementsinhospitality industries which assist the functions and execute the business. This report containstheanalysis,scaleand diversities of the hospitality industry.
Managerial, legislative & operational issue Operational issues:There are type of operational issues was faced by Intercontinental Hotel groups at initial stage like combining and merging the similar accommodation services, following health and safety standards, food milesandprovenanceandchangemanagement,globalisationand managerial risk like lack of professional skills and knowledge to deal with challenges.
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Continue… Legislative issues:Legal policies and regulations remains the part of these issues as minimum wage rate and payment policies, working hours and leave policies and Brexit policies.
Current image of hospitality industry Hospitality industry is one of the booming industry in present global accommodation and hospitality services. At present of hospitality industries have vast opportunities to have to expand the business.It has expanded quickly, which is favourable symptoms for hospitality sector.
Trends and development in hospitality industry Hospitality industry need to define strategies based on millennials personality traits and habits because It are early adopters of technological change, It are spontaneous and It travel a lot. Hospitality industry have to follow the concept of technology explosion.
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Impact analysis for the predicted trends There is a huge change found in respect of hospitality administration and management in the UK hospitality sector. Importance of hospitality sector increasesince10years.Increasingtrendandanalysisofbusiness administration and management indicates towards sustainable growth and development of hospitality industry in UK.
References •Cooper, C., 2012.Essentials of tourism. Pearson Financial Times/Prentice Hall. •Gin Choi, Y., Kwon, J. and Kim, W., 2013. Effects of attitudes vs experienceofworkplacefunonemployeebehaviors:Focusedon GenerationYinthehospitalityindustry.InternationalJournalof Contemporary Hospitality Management.25(3). pp.410-427.