Impact of COVID-19 on Tourism Industry: A Case Study of Premier Inn
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This research project analyzes the impact of COVID-19 on the tourism industry, with a case study of Premier Inn. It covers the methodology, findings, and conclusions of the study, using secondary research methods. The report also includes a literature review and Gantt chart.
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Level 0 Project Guide â written project. 2021/2022 Foundation year project Title: Foundation Year Project(1500 words) Front coverâ Include the following information on the front cover page: Student-ID Module Name, Tutor Name Academic Year/Group Bubble. 1
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Table of Contents Chapter two...........................................................................................................................................4 Chapter 3...........................................................................................................................................6 Literature review...............................................................................................................................6 Analyse and summarise your findings using secondary research methods Analyze and summaries your findings using secondary research methods...............................................................................8 CONCLUSION.......................................................................................................................................10 2
Chapter one- (300 words.) Topic:The Covid pandemic has had an impact on all sectors. The tourism industry is one of the most affected industries. Introduction The business environment is changing day by day where it became important to analysis the market and introduce the products so that people feel happy. As covid -19 occurred in whole world due to which hospitality sector has been hampered. Each organization requires having good strategy and planningwhichcanbeusedtosolveproblemsandmaintainhigher performance.Themanagementoftourismindustryshouldhaveenough planning which could help to overcome the pandemic issues and supports to operateabusinesseffectively(Abbas,Mubeen,Iorember,Raza,and Mamirkulova, 2021). The present report is based on impact of pandemic over tourism industry so that PREMIER INN has been selected that is British limited service hotel chain, offer accommodation and room services to their customers. Thereportinvolvesobjectives,methodology,andfindingbyconducting research properly. Aim of research:âTo identify the impact of covid-19 on tourism industry. A case study of PREMIER INNâ. Research objectives: ï·To determine knowledge about covid-19. ï·To describe the impacts of covid-19 on PREMIER INN. 3
ï·To state the ways that could be used by PREMIER INN to reduce the negative impacts. Research problem The current research is about impact of pandemic on tourism industry as it affected the productivity within changing environment. The main problem while conducting research is lack of human resources and capital which could be createchallengetooperatetheirbusinesseffectively.Ifthereislackof resources and research activities then would be challenging to manage all functions and activities accurately. The another issue is legal issues that are pertaining to regulatory bodies. The researcher could not manageall activities and function at single time as need to do depth research (Almeida, and Silva, 2020). Research questions ï·What are the knowledge of covid-19. ï·What are the impacts of covid-19 on PREMIER INN. ï·To state the ways that could be used by PREMIER INN to reduce the negative impacts. Chapter two Methodology Research philosophy âThis can be explained as main philosophy which could be used by researcher to get information about particular topic and manage the all activities. The considering philosophy are interpretivism and positivism. In relationtocurrentstudy,interpretivismphilosophyhasbeenselectedby 4
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researcherasitinvolveshypothesisofinformation(Dube,Nhamo,and Chikodzi, 2021). Research approach âThis could be explained as planning and process which needs to consider while researching the tpic and managing the data properly. The approaches of research are deductive and inductive that are used for different purpose. The present research is about impact of covid-19 on tourism sector deductive approach has been selected that could help to develop the business activities by collecting information (Gil-Alana, and Poza, 2020). Research strategy âThis means formulation of planning which are generated by an individual for conducting research. This involves experiment, survey, case study, and interview strategy which are used to manage all activities. In relation to current research case study strategy has been selected by researcher. Choices of research âThis layer shows methods of conducting research such asmono,mixed,andmultimethodwhichareusedtodeveloptheir understanding and knowledge effectively. In relation to current research, mono methodhasbeenusedbyresearcherthatcouldhelptomaintainhigher performance. Time horizon âThis explains time framework used to showcase the time in certain period of time. This involves cross sectional and longitudinal. In relation to current research cross sectional horizon has been used by researcher that can help to manage all functions and activities effectively (Riadil, 2020). Data collection and analysis âThis could be explained as technique and tool of data analysis which used to manage data properly. This involves qualitative and quantitative. In relation to current research, quantitative research has been usedbyresearchertoimprovetheirknowledgeandskillstoacceptthe challenges. 5
Gantt chart- This is the framework used to showcase time period and managing all functions. This explains schedule and time aspects used to maintain higher productivity. Chapter 3 Literature review To determine knowledge about covid-19. As per of opinion ofZubair, and Shamsudin (2021), COVID-19 is the major issues in changing environment which created issues while running businesses. The pandemic is also known as corona virus pandemic that occurred in whole world due to which all businesses affected negatively. The selling and production activities of business industry has been created challenges for organization to operate their business in changing environment as health of people being affected negatively. To describe the impacts of covid-19 on PREMIER INN. As per view point of Ć kare, Soriano, and Porada-RochoĆ (2021), Covid- 19 is the major pandemic in whole world that came into force in 2019 from the Wuhan city of China. Due to civid-19 tourism sector has been affected negative as government has declared the lockdown in which no one is allowed to go out of their living city or places. The transportation and other services also has been closed. In relation to Premier Inn, production activities have been reduced as number of guests who comes to visit and book accommodation services stopped to arrive. The another impact is the sick people are absent at the workplace, meaning that the job offer is at least temporarily reduced. If the disease is associated with numerous deaths, it even drops in the long term. 6
To state the ways that could be used by PREMIER INN to reduce the negative impacts. As per view point ofSharma, and Nicolau (2020), The aim of each organization is to develop their business productivity and profitability by offering better quality of products and services. In context to Premier Inn, manager needs to make sure their guests that organization is providing safe and better design of room services which will be time to time clean. To establish hand sanitizer station at public places and bringing digital mode to book, payment and cancelling the tourism as well as hospitality services. This could help to develop the organizational productivity and profitability in changing environment and supports to accomplish business goals. Chapter 4: Carryout your research using secondary data only ï·Present your findings using tables, charts, and diagrams From the above it could be found that due to covid-19 many people had died and many of them infected badly. It was the dangerous virus that entered in human body and affected the health. By conducting research it have been analysed that due to pandemic many businesses have been affected negatively and mainly tourism sector. The government has bounded the countries to stay and not to visit as there are many chances to spread of virus which could affect more. The researcher has used the secondary research method to complete their research and attaining the higher performance by managing all functions and activities effectively. The secondary research is helpful for individual as it save time and cost of particular person which have been involved in research re;ated 7
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activities. Due to Covid tourism sector faced the lower [productivity and profitability as lack of customers and employee turnover that affected the profitability negatively. Analyse and summarise your findings using secondary research methods Analyze and summaries your findings using secondary research methods The UK's largest hotel chain claimed that 92 percent of its 820 hotels were available to visitors staying for critical business trips, but that all of its dining was restricted for inside eating. It hopes to help to completely operate its shops and resorts by May 17th, whenever the govt's timetable calls for the Covid-19 limitations to be lifted. Whitbread, the operator of Premier Inn, has acknowledged a ÂŁ1 billion yearly loss in the event of Covid-19 shutdowns, althoughthehospitalityindustryclaimsthatsummertimereservationstocoastaland mountainous locations have increased. Sales have dropped 71 percent to ÂŁ589 million in what was "one of most difficult years" in the group's 279-year historical past, as per chief executive Alison Brittain, as the global epidemic pressured the closing of arenas all across collective, which also contains the Beefeater and Brewers Fayre pub-restaurant franchises. Whitbread's UK and foreign revenues fell 76.8% in the quarter that ended Aug. 27, when the company shut down restaurants and bars due to nationwide shutdowns. Whitbread's resorts were closed down within the first UK coronavirus shutdown a year ago, but they returned in July, accompanied by other restrictions throughout that year and in early 2021 owing to additional lockdowns. In September and October, Premier Inn restaurants have been more over 50% filled, but that number dropped to 23% in January and 29% in February. Whitbread, the operator of Premier Inn, claims that roughly 1,500 employees have left the company as a consequence of border controls and lower demand created by Covid-19. In the 3rd quarter, corporate sales have declined 54.3 percent as customers ate out less and avoiding staying in hotels due to the epidemic. The impending COVID-19 restrictions have produced "difficult hotel market circumstances," according to the company, with total UK lodging sales dropped 55.2 percent and availability down to 49.3 percent. 8
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Chapter 5 CONCLUSION As per above report it has been concluded that COVID 19 effect on hotel industry in negative manner. As per the research it is saying that most of the hotels in UK face loss and down market share. In this research apply descriptive research methodology to carry out results and conduct secondary research in order to know how COVID 19 impact on the Premiere Inn in negative manner. 11
REFERENCES Books and Journal Abbas, J., Mubeen, R., Iorember, P.T., Raza, S. and Mamirkulova, G., 2021. Exploring the impact of COVID-19 on tourism: transformational potential and implications for a sustainablerecoveryofthetravelandleisureindustry.CurrentResearchin Behavioral Sciences,2, p.100033. Almeida, F. and Silva, O., 2020. The impact of COVID-19 on tourism sustainability: EvidencefromPortugal.AdvancesinHospitalityandTourismResearch (AHTR),8(2), pp.440-446. Dube, K., Nhamo, G. and Chikodzi, D., 2021. COVID-19 cripples global restaurant and hospitality industry.Current Issues in Tourism,24(11), pp.1487-1490. Gil-Alana, L.A. and Poza, C., 2020. The impact of COVID-19 on the Spanish tourism sector.Tourism Economics, p.1354816620959914. Riadil, I.G., 2020. Tourism industry crisis and its impacts: investigating the Indonesian tourismemployeesperspectivesâinthepandemicofCOVID-19.Jurnal Kepariwisataan: Destinasi, Hospitalitas Dan Perjalanan,4(2), pp.98-108. Sharma, A. and Nicolau, J.L., 2020. An open market valuation of the effects of COVID-19 on the travel and tourism industry.Annals of Tourism Research,83, p.102990. Ć kare, M., Soriano, D.R. and Porada-RochoĆ, M., 2021. Impact of COVID-19 on the travel and tourism industry.Technological Forecasting and Social Change,163, p.120469. Zubair, F. and Shamsudin, M.F., 2021. Impact of covid-19 on tourism and hospitality industry of Malaysia.Journal of Postgraduate Current Business Research,6(1), pp.6- 6. Online https://www.theguardian.com/business/2020/oct/27/premier-inn-owner-whitbread-loss-local- lockdowns-bookings-profits-covid-hotel-closures https://www.theguardian.com/business/2021/apr/27/premier-inn-whitbread-loss-covid- lockdowns-beefeater-brewers-fayre 12
https://uk.finance.yahoo.com/news/premier-inn-owner-whitbread-cuts-1500-jobs-amid- covid-19-restructuring-101308648.html? guccounter=1&guce_referrer=aHR0cHM6Ly93d3cuZ29vZ2xlLmNvbS8&guce_referrer_sig =AQAAAGPj2wtSg-L-4TkqJaD4Nx4UHzM8YjHDOjj4FO6FCy6TofIIOjhIlF3BIf6OpV- eo_73QJ9MUuKTAKRJYiSNO3l35KulbZZFar3dVfxLtncgDTGHTMs9f-dgdXarB- E96B2FN3FXIhB-eiP7AZYC5CZa6GBHAa9cwg2vw1cDKWXL averageroomrate<https://www.statista.com/statistics/740692/premier-inn-arr-average- room-rate/ > Abbas, J., Mubeen, R., Iorember, P.T., Raza, S. and Mamirkulova, G., 2021Almeida, F. and Silva, O., 2020.Dube, K., Nhamo, G. and Chikodzi, D., 2021Gil-Alana, L.A. and Poza, C., 2020Riadil, I.G., 2020.Sharma, A. and Nicolau, J.L., 2020.Ć kare, M., Soriano, D.R. and Porada-RochoĆ, M., 2021 Zubair, F. and Shamsudin, M.F., 2021 13