Impact of Covid-19 on UK Hospitality Industry: A Study on Premier Inn
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Added on ย 2023/06/11
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This research aims to identify the challenges faced by UK hospitality industry during the period of Covid 19 and its impact on their business performance, with a focus on Premier Inn. The study examines the ways used by Premier Inn for overcoming the impact of Covid 19 on their business performance.
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Introduction ๏Research topic:โTo identify the issues faced by UK hospitality industry during the period of Covid 19 and its impact on their business performanceโ. The changes are important for each market as it introduces the new products and services in the market which influences the number of customers. In 2019, Covid has been occurred that have been affected the environment and whole country negatively. The pandemic was the serious issues due to which all businesses and life of individuals has been affected negatively.
Research Aims and Objectives Research aim:To identify the issues faced by UK hospitality industry during the period of Covid 19 and its impact on their business performance: A study on Premier Inn Research objectives: โขTo identify the challenges faced by UK hospitality industry during the period of Covid 19 โขTo determine the impact of Covid 19 on business performance of Premier Inn. โขTo examine the ways used by Premier Inn for overcoming the impact of Covid 19 on their business performance. โขTo evaluate the benefits that gained by Premier Inn by overcoming the impact of Covid 19 over their business performance.
Research Rationale ๏The current research is about impact of covid-19 on performance of UK hospitality industry that would help to develop the understanding and knowledge. The goal of business organization is to increase business performance by managing all functions and activities effectively. The main reason of conducting research is to improve their personal and professional knowledge.
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Research scope The scope of current research is effective as researcher will collect information by selectingrighttopic.Thepersonrequirestohavegoodknowledgeand understanding about particular topic which can help to remove all hurdles and supports to accomplish business goals.
Literature Review To identify the challenges faced by UK hospitality industry during the period of Covid 19. ๏Hospitality has been hit hard ๏Increased Spending due to Covid-19 ๏Job vacancies
Continue.. To determine the impact of Covid 19 on business performance of Premier Inn. ๏Disrupted the world economy ๏Loss of competent staff ๏Low revenue ๏Lack of patronage ๏Repayment of loans and rent
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Continue.. To examine the ways used by Premier Inn for overcoming the impact of Covid 19 on their business performance. ๏Warm welcome of guests ๏Clean the hotel rooms from top to bottom ๏Building and maintaining relationship with teams ๏Fixing the public sanitization station
RESEARCH METHODOLOGY ๏Research philosophy: ๏Research approach ๏Data collection and techniques ๏Research ethics: ๏Limitations of the research:
Continue.. Q1) What challenges faced by Premier Inn due to pandemic period?Frequency a)Hospitality has been hit hard20 a)Increased Spending due to Covid-1915 a)Increases Job vacancies15
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Continue.. Q2) What are the impacts of Covid-19 on business performance of Premier Inn?Frequency a)Disrupted the world economy10 a)Loss of competent staff10 a)Low revenue10 a)Lack of patronage10 a)Repayment of loans and rent10
Continue.. Q3)TodeterminedifferentwayscouldbeusedbyPremierInnforovercomingthe impact of Covid-19 on their business performance? Frequency a)Warm welcome of guests7 a)Clean the hotel rooms from top to bottom7 a)Building and maintaining relationship with teams7 a)Fixing the public sanitization station7 a)Caring and priority to their guests7 a)Providing digital services7 a)24/7 hours services8
CONCLUSION From the report it can be concluded that Covid-19 has impacted on organizationalperformancenegativelyasitcreatedchallengesto operate their business and manage the activities. Due to Covid-19 hospitality industry being affected negatively as businesses has been closed because of government changed regulations.
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References ๏Smart, K., Ma, E., Qu, H. and Ding, L., 2021. COVID-19 impacts, coping strategies, and managementreflection:Alodgingindustrycase.InternationalJournalofHospitality Management, 94, p.102859. ๏Mehta, M.P., Kumar, G. and Ramkumar, M., 2021. Customer expectations in the hotel industry during the COVID-19 pandemic: a global perspective using sentiment analysis. Tourism Recreation Research, pp.1-18. ๏Wieczorek-Kosmala, M., 2021. COVID-19 impact on the hospitality industry: Exploratory studyoffinancial-slack-drivenriskpreparedness.InternationalJournalofHospitality Management, 94, p.102799.