The Contemporary Hospitality Industry - Overview and Trends
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This presentation provides an overview of the hospitality industry, including the different businesses it encompasses and the operational departments within them. It also discusses the industry's contribution to the economy and the current and potential trends in the industry, such as the increased foc...
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The Contemporary
Hospitality Industry
Hospitality Industry
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INTRODUCTION
The hospitality industry can be described as a sector in which companies offer various kinds of
products and services to its customers within the market.
The products offered by the hospitality sector includes travel and tourism, hotels, lodges, restaurants,
event planning, theme parks, and food and drink services.
The current presentation is based on the study of Hilton and provides an overview of the hospitality
industry.
It provides an insight of a range of operational and functional departments and discuss about the
contribution of the hospitality industry to the economies within a nation.
The hospitality industry can be described as a sector in which companies offer various kinds of
products and services to its customers within the market.
The products offered by the hospitality sector includes travel and tourism, hotels, lodges, restaurants,
event planning, theme parks, and food and drink services.
The current presentation is based on the study of Hilton and provides an overview of the hospitality
industry.
It provides an insight of a range of operational and functional departments and discuss about the
contribution of the hospitality industry to the economies within a nation.
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Different types of business offered by the hospitality industry
There are different types of business which falls under the
category of the hospitality sector. They are mentioned
below:
Accommodation
The accommodation is one of the leading business that
falls within the category of hospitality sector.
Food and Beverage
The business that majorly provides the customers with food
and beverages is also considered as a part of this industry.
Travel and transportation
The travel and transportation are two different businesses
which falls under the category of hospitality sector.
Tourism
Tourism is also a business which helps the travellers in
planning their trips, stays and vacations.
There are different types of business which falls under the
category of the hospitality sector. They are mentioned
below:
Accommodation
The accommodation is one of the leading business that
falls within the category of hospitality sector.
Food and Beverage
The business that majorly provides the customers with food
and beverages is also considered as a part of this industry.
Travel and transportation
The travel and transportation are two different businesses
which falls under the category of hospitality sector.
Tourism
Tourism is also a business which helps the travellers in
planning their trips, stays and vacations.
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Continued
The different types of the products which are offered by the different types businesses of the hospitality
industry are such as-
Accommodation
Food and Beverages
Travel and Transportation
Tourism
The different types of the products which are offered by the different types businesses of the hospitality
industry are such as-
Accommodation
Food and Beverages
Travel and Transportation
Tourism
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Examining the operational as well as the functional departments of the
hospitality business-
The operational departments is the area of the
business which ensures about the overall
production process of the organisation which
involves from starting to the end.
Housekeeping Department:
Food production Department
Food and Beverage service Department
Front Office Department
Marketing Department
HR Department
Accounting and Finance Department
Purchase Department
hospitality business-
The operational departments is the area of the
business which ensures about the overall
production process of the organisation which
involves from starting to the end.
Housekeeping Department:
Food production Department
Food and Beverage service Department
Front Office Department
Marketing Department
HR Department
Accounting and Finance Department
Purchase Department
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Contribution of hospitality industry to the local, national as well as
international economies-
The hospitality industry is contributing much to the
local level economy as they are providing much
employment to the local people in the industry.
The people are taking much advantage of the
hospitality industry in present times by spending
much money in the retail areas, dining as well as
drinking areas, paying the entrance fees on the
entertainment venues and many more. The hospitality
has shown much contribution in funding for the
developments of infrastructure for the local
communities.
international economies-
The hospitality industry is contributing much to the
local level economy as they are providing much
employment to the local people in the industry.
The people are taking much advantage of the
hospitality industry in present times by spending
much money in the retail areas, dining as well as
drinking areas, paying the entrance fees on the
entertainment venues and many more. The hospitality
has shown much contribution in funding for the
developments of infrastructure for the local
communities.
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Implication of the current and potential trends within the hospitality
industry
Current trends
Bleisure travellers and hotel work spaces
Due to the outbreak of Covid 19, working remotely has
become an essential part within different industries across
the globe.
Health and well being
The outbreak of the Covid 19 has led to an increase in the
attentiveness of the hospitality industry towards the health
and safety of the workforce as well as the customers
within the hotels.
Future Trends
It has been observed within the hospitality industry, that
the demand of the customers with respect to the health,
hygiene and wellness services has been increasing rapidly.
industry
Current trends
Bleisure travellers and hotel work spaces
Due to the outbreak of Covid 19, working remotely has
become an essential part within different industries across
the globe.
Health and well being
The outbreak of the Covid 19 has led to an increase in the
attentiveness of the hospitality industry towards the health
and safety of the workforce as well as the customers
within the hotels.
Future Trends
It has been observed within the hospitality industry, that
the demand of the customers with respect to the health,
hygiene and wellness services has been increasing rapidly.
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CONCLUSION
From the above presentation, it can be concluded that the hospitality industry within the United
Kingdom has been changing rapidly.
The presentation includes a brief overview of the existing as well as the potential trends within the
hospitality industry in United Kingdom.
Also, it has been determined that there are various businesses that falls within the category of the
hospitality sector and offers a huge range of products and services to the customers within the industry.
From the above presentation, it can be concluded that the hospitality industry within the United
Kingdom has been changing rapidly.
The presentation includes a brief overview of the existing as well as the potential trends within the
hospitality industry in United Kingdom.
Also, it has been determined that there are various businesses that falls within the category of the
hospitality sector and offers a huge range of products and services to the customers within the industry.
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REFERENCES
Davahli, M.R., and et.al 2020. The hospitality industry in the face of the COVID-
19 pandemic: Current topics and research methods. International Journal of
Environmental Research and Public Health. 17(20). p.7366.
Filimonau, V. and Magklaropoulou, A., 2020. Exploring the viability of a new
‘pay-as-you-use’energy management model in budget hotels. International
Journal of Hospitality Management, 89, p.102538.
Floričić, T., 2020. Sustainable solutions in the hospitality industry and
competitiveness context of “green hotels”. Civil Engineering Journal, 6(6),
pp.1104-1113.
Davahli, M.R., and et.al 2020. The hospitality industry in the face of the COVID-
19 pandemic: Current topics and research methods. International Journal of
Environmental Research and Public Health. 17(20). p.7366.
Filimonau, V. and Magklaropoulou, A., 2020. Exploring the viability of a new
‘pay-as-you-use’energy management model in budget hotels. International
Journal of Hospitality Management, 89, p.102538.
Floričić, T., 2020. Sustainable solutions in the hospitality industry and
competitiveness context of “green hotels”. Civil Engineering Journal, 6(6),
pp.1104-1113.
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