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Contemporary Hospitality Industry (pdf)

Produce a report raising awareness of the hospitality industry, analyzing its scale, scope, diversity, and the impact on the UK economy. Discuss the organizational structure of different hospitality organizations and assess the role of hospitality-related organizations and professional bodies.

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Added on  2020-10-22

Contemporary Hospitality Industry (pdf)

Produce a report raising awareness of the hospitality industry, analyzing its scale, scope, diversity, and the impact on the UK economy. Discuss the organizational structure of different hospitality organizations and assess the role of hospitality-related organizations and professional bodies.

   Added on 2020-10-22

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Contemporary HospitalityIndustry
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Table of ContentsContemporary Hospitality Industry.................................................................................................1INTRODUCTION...........................................................................................................................1TASK 1............................................................................................................................................11.1 Analysis the current scale, scope and diversity of the hospitality industry..........................11.2 discussion about the organizational structure of Marriott Hotel...........................................21.3 The role of hospitality related organizations and professional bodies..................................3TASK 2............................................................................................................................................42.1 Analysis of the staffing requirements of different hospitality businesses.............................42.2 Discussion about the roles, responsibilities and qualification requirements for hospitalitystaff..............................................................................................................................................5TASK 3............................................................................................................................................63.1 Analysis the managerial, operational and legislative issues resulting from recentdevelopments affecting the hospitality industry.........................................................................63.2 The current image of the hospitality industry.......................................................................6TASK 4............................................................................................................................................74.1 Presenting the justified predictions for potential trends and developments in hospitality. ..74.2 An impact analysis for the predicted trends and developments............................................7CONCLUSION................................................................................................................................8REFERENCES................................................................................................................................9
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INTRODUCTIONIn this report, there are a brief description about the hospitality industry in UK. Thisindustry is the key of each sector. It provides many services like light refreshments, food,accommodation, house keeping and many more things (Neirotti, Raguseo and Paolucci, 2016). Inother words it refers as hotels, restaurants, bar or such businesses that provides short time periodlodging with or without food. In this report firstly conclude the scale, scope and diversity of thehospitality industry. Further, it contains the roles, responsibilities and qualification requirementsfor hospitality staff. It completes with An impact analysis for the predicted trends anddevelopments. TASK 11.1 Analysis the current scale, scope and diversity of the hospitality industry.Hospitality industry is a vast sector that provides products as well as services of food,accommodation, entertainment and many more. This industry provides support various sectorsand it includes restaurants and hotels (Mejia, Phelan and Aday, 2015). It is giving various typesof services like drink, food, security and housekeeping. In this segment, there are businesses liketravel, education, corporate hospitality, retail, health care, local authority, governmentprovisions, concert and sports events and leisure venues. Size – The size of this industry can be understood as it contributes to 6.5 trillion Dollars. In theUK, its share is 11% in their GDP. There are above 130000 restaurants and cafes in UK. In foodsector, there are more than 25000 jobs generated every year. In hotels 150000 and inaccommodation field 25000 jobs generates. Ownership types – In hospitality industry, major types of ownership are as follows:1.Contract – In this sector, the main ownership is based on contract basis. In this contract,there are two and more than two parties (Fong and et.al., 2016). They come into anagreement which can be financial and non-financial in terms of business.2.Partnership – In the partnership, there are two or more than two individuals or entitiescome into a contract. This contract's main purpose is trade and all activities are related tomoney, labour and skills.3.Leasing – In leasing, ownership depends on money that is paid to the main owner by theperson who wants to use that owner's property.1
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4.Franchising – In this type of ownership, the name is used by other person and for thispurpose, he pay some amount of money or kind to that person.M2 :In the UK’s hospitality industry, there is a well-known famous that is Marriott Hotel. It isa five star hotel which provides luxury services. It was found by Alice and J. Willard Marriott inthe year 1927. It has more than 4000 hotels across the world (Ruetzler and et.al., 2014). Itprovides various types of services like social events, meetings and packages. In its company'sproducts it included the Hotels and Resorts that are generates revenue is 23 billion dollar and netincome is approx. 1.37 billion dollars. 2
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