This presentation explores the operational, managerial, and legislative issues in the contemporary hospitality industry. It discusses the current image of the industry and presents justified predictions for potential trends and developments. An impact analysis is also provided. References are included.
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Contemporary Hospitality Industry Task 3&4
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Table of Content Introduction Operational, managerial and legislative issues resulting from recent developments affecting the hospitality industry Discuss the current image of the hospitality industry Present justified predictions for potential trends and developments in hospitality Produce an impact analysis for the predicted trends and developments Conclusion References
Introduction Hospitality industry is the wide sector which is contributing huge amount in the development of economy. This sector is famous for its services such as accommodation facility, food and so on. Hospitality and tourism sector both are interrelated with each other because if people are travelling they want hotel to stay and restaurants to eat food.
Operational, Managerial And Legislative Issues Operational issues: This department is related to operational activity of company in this major issue arise is the raising cost of entire organisation. All such major issues take place in organisation is because of modification which is being carried out in the enterprise.
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Continue.. Legislative issues: These issues are related to laws and regulations of employees who are working in organisation. That every staff member have minimum wages right along with the equal wages. Remuneration of personnel are according to the work or role of their in organisation.
Continue.. Managerial issues –Primary issues through which an organisation is going on in management is less number of capable as well skilled employees.Demandofcustomerscanbefulfilledineffective manner with the assistance of proper workforce so that they can be able to deliver offering in better manner.
Discuss the current image of the hospitality industry Current image of hospitality industry is best as per the annual report which is given by British Hospitality association. Hospitality industry of the United Kingdom is playing a crucial role in making sure that Brexit is a success as this business have supply with infrastructure and financial help which is necessary in business the blows in the economic system.
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Continue.. Economy of United Kingdom is dependent on the hospitality sectoraswellithavecapacityoffacilitates,hostevents, seminars and many other programs also. In the present scenario there are approximately 60,000 population of UK is employed in the same segment.
Present justified predictions for potential trends and developments in hospitality Various factors which are involved in this aspect are given below: Modification in level of lifestyle Online booking of various hospitality services Food and beverages management Impact of social media on the sector
Produce an impact analysis for the predicted trends and developments Modification is implemented in organisation as per the changes take place in business environment. Some of these are as follows:- Economic impact analysis Financial analysis Demand analysis
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Conclusion From the above assignment it has been concluded that, hospitality sector is the wide among all and its in contributing huge amount in development of economy. By providing employment opportunity, living standard to population of United Kingdom. Along with this it isworkinginlargescaleandprovidingemploymenttotheir neighbour of European Nation.
References Deery, M. and Jago, L., 2015. Revisiting talent management, work-life balance and retention strategies.International Journal of Contemporary Hospitality Management,27(3), pp.453-472. Pinar, M. and et.al., 2011. Gender diversity in the hospitality industry: an empirical study in Turkey.International Journal of Hospitality Management,30(1), pp.73-81.