Impact of Covid-19 on UK Hospitality Industry: A Case Study of Travelodge
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Added on 2023/06/11
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This dissertation proposal aims to identify the negative impact of Covid-19 on the UK hospitality industry, with a case study of Travelodge. It includes research objectives, questions, rationale, literature review, and primary research methods.
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Dissertation Proposal 1
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Introduction......................................................................................................................................4 Background of the Study........................................................................................................4 Research Aim...................................................................................................................................4 Research objectives..........................................................................................................................4 Research Questions..........................................................................................................................4 Rationale.................................................................................................................................5 Primary Research.............................................................................................................................5 REFERENCES................................................................................................................................6 2
Introduction Background of the Study COVID-19 pandemic has disrupted the whole world around the globe. The outbreak of this pandemic has severe impact on all industries worldwide in the hospitality and tourism sector is among the worst affected industries around the world as due to government restrictions on lockdown organisations (Izadi, Foroudi and Nazarian, 2021). In this, organisations in industry were forced to close their operations on overall scale. Furthermore it has been underlined that United Kingdom the hospitality industry due to COVID-19 faced severe challenges which affected their growth. In this industry many companies those who are conducting their operations were forced to permanently or temporarily shut down their business due increase in their loans and inability to recover the payment. The present research is being determined to identify the overall impact of COVID-19on the United Kingdom hospitality industry. For this the selected organization is Travelodge which helps in underlining the major challenges that has been faced by similar organizations. In this sector present research helps in developing effective form of understanding related to the contribution of hospitality industry in the economic growth of United Kingdom along with the manner in which this industry get affected due to COVID-19. Furthermore,researchincludestrategiestothroughwhichTravelodgecanovercomethe devastating impact of COVID-19 Research Aim “To identify the negative impact of Covid-19 on the UK hospitality industry”. A case study of Travelodge. Research objectives The objectives of the research are described in the following: To identify the contribution of the hospitality industry in a country To evaluate the negative impact of Covid-19 that has been faced by Travelodge To determine strategies that can help Travelodge to overcome the negative impacts of COVID-19 3
Research Questions The research questions are mentioned in the following: What is the contribution of the hospitality industry in a country? What are the negative impact of Covid-19 that has been faced by Travelodge? What are the strategies that can help Travelodge to overcome the negative impacts of COVID-19? Rationale Covid-19 severely disrupted business sectors around the globe in United Kingdom. Due to this and make the worst hit industry was hospitality industry in this many business organizations operating in the particular industry get affected in negative manner. In context to this present research is conducted to effectively conduct a literature review in which with the help of analysis of journal, online articles better form of understanding associated to the selected topic is being conducted. Present research is significantly rational for hospitality industry and organisations like Travelodge those who have faced the severe impact of COVID-19. This will help them to implement the strategies and further overcome the challenges in a well defined and effective manner. Furthermore present study is also beneficial for investigator as it helps in having knowledge and understanding of the contribution of hospitality industry in United Kingdom and the strategies through which companies in hospitality sector can overcome the negative impact of Covid-19. Furthermore this research is also practical for students as well as researcher through which they can conduct future research on the impact of COVID-19 on hospitality industry in effective manner. Literature Review Contribution of the hospitality industry in a country According to the viewpoint ofZhong, Law and Li, 2021there is a significant contribution of hospitality industry in the overall growth of a country in contacts with United Kingdom. It has been identified that this industry is contributing in GDP and economic growth of country. Along with this many organizations in hospitality sector are providing various job opportunities to 4
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individuals and building infrastructure which is attracting country to encourage foreign direct investment. Furthermore it has been identified that with the help of this industry government is generating more revenue and having tax which is increasing country positive image around the globe. It has been identified that there are different types of organization in hospitality industrial sector in which they are providing opportunities to both skilled and unskilled label on different scales. In addition to this it has been evaluated that this industry is not only providing travellers to experience attractive sites in a country but also helps in providing employment opportunity and also encouraging many other local businesses to conduct their operations. Furthermore it has been underlined that this industry is playing essential role in enhancing revenue generation of country and are playing crucial role in value generation in a well defined and effective manner. Negative impact of Covid-19 that has been faced by Travelodge According to the viewpoint ofPanzone, Larcom and She, 2021it has been identified that Covid 19 pandemic severely affected organization in hospitality industry sector. It has been identified that many organizations like Travelodge has faced many economic loss as well as other losses in terms of making employees voluntarily to quit their job. This organization in this industry faced many financial and negative impact which affected their ability to attract consumers in conduct their daily basis operation. Furthermore it has been underlined the Travelodge in this industry face challenges in terms of security of employees, consumers, maintaining safety managing relationship with suppliers, project developer etc. Along with this it has been identified that due to COVID-19 there is a negative impact on organization in terms of shutdown jobs which affected their ability to generate jobs. Number of negative impacts has been faced by travel lodge in terms of decrease in sales as well as ability to generate profit. Strategies that can help Travelodge to overcome the negative impacts of COVID-19 According to the viewpointGerwe, 2021it has been identified that due to COVID-19 there is a drastic impact on overall economic growth and sale of organization. In this there are different type of strategies through which Travelodge can significantly reduce negative impact and can further generate ability to attract consumers. In this there are different type of stratgies such as company with the help of taking views of technology can conduct their business operations in cost effective manner (Arthur, 2021). Technology in terms of social media marketing, digital advertising allow organisations to conduct cost effective advertising which helps in reducing 5
most of their burden on budget. Along with this with the help of providing discounts promotions and systematic pricing strategy will also act as a economic theory through which they can attract large base of customers and can enhance their overall sales. With the help of taking use of flexible cancellation price Travelodge can attract larger number of customers and can overcome the negative impact of Covid-19. Primary Research In order to fulfilled aims and objectives of the selected topic researcher with the help of positivism research philosophywill analyse the objectives in an effective manner. Present method is being chosen by researcher to conduct subjective data and information analysis in an effective manner. In relation to research approach researcher with the help ofdeductive research approachwill fulfill overall aims in effective manner. Primary reason behind taking advantage of this method is that with the help of this researcher have ability to support the objectives of investigation and further coordinate with positivism research philosophy (Jones, Krzywoszynska and Maye, 2021). With the help of taking this researcher is aiming towards to fulfill overall objectives with the help of facts and conduct the analysis with the help of better testing of numeric data in information. In terms with resort strategy researcher will undertake use of quantitative research methodsin this investigator will take use ofquestionnaire.The primary reason behind taking advantage of this method is that it will help researcher to gain viewpoint of number of respondents. In this investigator will take advantage of survey method in order to analyse viewpoint of large number of respondents which will help in enhancing will help in enhancing viability of collected facts and figures. In addition to this in terms with research choice investigator will collect reliable as well as authentic information based on numeric statistics with the help of quantitative research methods. By taking advantage of this method research resuming toward to fulfill objectives and journalise them in effective manner. In this researcher will present them with the help of use of tables as well as charts. In terms of data collection method researcher will take use ofboth primary and secondary source of data collection method.In this in context with primary 6
research method investigator will collect information and facts with the help of questionnaire in which with the help of random sampling size30 respondentsis being selected. While in terms with secondary research method in which researcher will take use of books, journal, articles and authors to evaluate perception of various authors. In terms with sampling method with the help ofrandom sampling method procedurewith the help ofprobabilistic sampling methodwill draw sample size of 30 respondents. In this it has been underlined that the target segment population of this research will be Travelodge employees. The primary reason behind selecting employees as respondents is that they are having more adequate as well as correct knowledge about the associated topic which will help researcher to enhance appropriateness as well as authenticity of the collected information and data. 7
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REFERENCES Books and Journals Gerwe, O., 2021. The Covid-19 pandemic and the accommodation sharing sector: Effects and prospects for recovery.Technological Forecasting and Social Change,167, p.120733. Ntounis, N., Parker, C., Skinner, H., Steadman, C. and Warnaby, G., 2021. Tourism and HospitalityindustryresilienceduringtheCovid-19pandemic:Evidencefrom England.Current Issues in Tourism, pp.1-14. Panzone, L.A., Larcom, S. and She, P.W., 2021. Estimating the impact of the first COVID-19 lockdown on UK food retailers and the restaurant sector.Global Food Security,28, p.100495. Zhong, L., Sun, S., Law, R. and Li, X., 2021. Tourism crisis management: Evidence from COVID-19.Current Issues in Tourism,24(19), pp.2671-2682. Izadi, J., Foroudi, P. and Nazarian, A., 2021. Into the unknown: Impact of Coronavirus on UK hotel stock performance.European Journal of International Management. Arthur, R., 2021. Studying the UK job market during the COVID-19 crisis with online job ads.PloS one,16(5), p.e0251431. Jones, S., Krzywoszynska, A. and Maye, D., 2021. Resilience and transformation: lessons from the UK local food sector in the COVID‐19 pandemic.The Geographical Journal. 8