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Australian Tourism and Tourism Marked as the Source of Foreign Capital Earnings

   

Added on  2020-05-16

12 Pages2747 Words244 Views
Running head: HOSPITALITYHospitalityName of the StudentName of the UniversityAuthor Notes

HOSPITALITY1Executive summary According to the data of World Travel and Tourism Council report published in 2017, hospitalityand tourism has emerged as the sole source of foreign capital earnings for developing as well asdeveloped countries. These factors are helpful in achieving proper GDP growth for those nations.Australian tourism and hospitality market has also increased by 14 percent there are severaltrends that are being applied by the hospitality businesses to achieve the success. This reportdiscus about the concept of home Concept of home is one of those concepts, which is being usedby maximum of the hotel owners for marketing purposes. This concept assures the guests ofhotels with homely environment, pure and healthy meals, comfort exactly like their home, andcan even customize their own hospitality. The hotel Spicers Vineyards Estate can also use thisconcept to satisfy those customers, who are not happy with the service and traditional ambianceof the hotel. Further, this report provides recommendations that the hotel should utilize to maketheir service more comfortable and homely.

HOSPITALITY2Table of ContentsIntroduction..........................................................................................................................3Purpose of the report............................................................................................................3Background of the hotel.......................................................................................................4The concept of home...........................................................................................................4How Spicers Vineyard estates can use this concept............................................................6Recommendations................................................................................................................8Conclusion...........................................................................................................................9Reference...........................................................................................................................10

HOSPITALITY3Introduction Hospitality is known as a friendly gesture that is being showered to people, who areraveling away from their home. Hospitality sector along with the travel and tourism sector hascontributed maximum to the world economy and has created maximum amount of jobs.According to the data of World Travel and Tourism Council (2017), these sectors havecontributed $7.6 trillion and 292 million jobs worldwide in the year 2016. This industrycontributed to worlds GDP by 10.2% and 1 in every 10th job was related to hospitality andtourism. Australia is on rank 12 within 185 countries worldwide and the hospitality and tourismsector has contributed with 10.9% of total contribution to the nation’s economy in the year 2016(World Travel and Tourism council 2018). The investment in this sector was estimated to rise by14% in the year 2017; however, the job expectancy is estimated to fall by 0.3 percent. Therefore,it is evident hospitality has emerged as the main industry for the developing and developednations to generate revenues and increase their GDP growth (Australian Bureau of Statistics2018). Purpose of the report While providing the quality care and accommodation, the leading hospitality businessesare marketing themselves as home or someone who provides homely environment. This conceptis modern in the hospitality industry and one of the most trending concepts that every hospitalitybusiness is trying to accommodate worldwide. According to the ratings of Tripadvisor,maximum of the travelers are looking for homely ambiance and comfort in rooms nowadays andtherefore it has become the leading trend in the hospitality business of modern travel and tourismindustry. The purpose of this report is to research about the concept of home in hospitality

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