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Contemporary Hospitality Industry: Types of Business, Operational Departments, and Economic Contribution

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Added on  2022-11-25

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This document provides an analysis of the contemporary hospitality industry, including the different types of businesses within the sector, operational and functional departments, and the industry's contribution to the economy. It explores the interrelationship between departments, the use of franchising and licensing agreements, and the range of operational roles and skills required in the industry.

Contemporary Hospitality Industry: Types of Business, Operational Departments, and Economic Contribution

   Added on 2022-11-25

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Contemporary Hospitality Industry: Types of Business, Operational Departments, and Economic Contribution_1
Table of Contents
Introduction......................................................................................................................................3
Different types of business within the hospitality sector........................................................3
Examine a range of operational and functional departments.................................................4
Interrelationship between various operational and functional departments:..........................5
Contribution of hospitality to local, national and international economies............................6
Use of franchising and licensing agreements has influence the global development of
hospitality industry.................................................................................................................6
Range of different operational roles in the hospitality industry.............................................7
Skills required being part of hospitality industry:..................................................................8
Conclusion.......................................................................................................................................9
REFERENCES..............................................................................................................................10
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Contemporary Hospitality Industry: Types of Business, Operational Departments, and Economic Contribution_2
Introduction
Hospitality industry across UK is changing very fast for this purpose there is requirement to
analyse the different external factors that are causing an impact on this sector. It includes various
services like event planning, travelling, accommodation, tourism and transportation. Present
report is based on analysing the different associated factors in the hospitality sector and
examining a range of operational and functional departments (Filimonau and Brown, 2018).
There is an analysis of the contribution made by hospitality industry to local, National and
international economics. Apart from this there is an analysis of the different range of diverse
operational rules and for the examination of the skill set a required for rules in the hospitality
industry. Ritz London is a five star hotel located in Piccadilly London. It is a symbol of luxury
and high society it is one of the worlds most prestigious and well-known hospitality brands.
Different types of business within the hospitality sector
Hospitality industry includes broad group of different service sector that include lodging food
and drink event planning etc. The sector also includes various bars, hotels and restaurants.
Different types of business that are part of hospitality industry are mentioned below.
Accommodation: It is a sector that includes abundant resorts, campgrounds and luxurious hotels.
It ranges from breakfast enterprises bed and other facilities that are offering lodging services.
Food and beverage: It is one of the essential business industries that range from restaurants &
catering establishment in connecting. There are different types of trade that are operating in the
sector that includes catering services quick service establishments and full service restaurants.
There are some services different food services are offered that includes fast food items various
occasions’ specialised services etc.
Resorts: There a different types of amenities that include entertainment and recreational
facilities. Resorts are the commercial establishments that are operated by single organisations it
includes offering of various services like entertainment food drinks shopping and sports.
Suites: Hotels are offering various suites that are part of upscale accommodations. It generally
includes well-known brands like intercontinental, premier inn, hotel, Hyatt hotel and four
seasons.
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Contemporary Hospitality Industry: Types of Business, Operational Departments, and Economic Contribution_3

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