Hospitality Provision in Travel and Tourism: Interrelationships, Integration, and Business Planning

Hospitality provision in Travel and Tourism
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Table of Contents
Introduction......................................................................................................................................3
Task 1...............................................................................................................................................4
1.1 Discuss the interrelationships between hospitality and wider travel and tourism businesses4
Task 2...............................................................................................................................................6
2.1 Analyze the implications of integration to the hospitality industry.......................................6
2.2 Discuss how integration has affected a hospitality business..................................................8
Task 3.............................................................................................................................................10
3.1 Develop a rationale for a selected project clearly justifying decisions linked to target
market.........................................................................................................................................10
3.2 Develop a plan for a hospitality business including the operational requirements of the
business’ organizational structure in relation to human resource allocation.............................11
Conclusion.....................................................................................................................................16
References......................................................................................................................................17
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Introduction
Travel and tourism business and hospitality both are the fastest growing industries in all over the
world. Both these industries come under the service industries and to ensure satisfaction to its
customers the two industries works together. It is evident from several records and verdicts that
traveling industries that operates along with the hospitality industries are much more successful
businesses as compared to other businesses. The following report will be divided into three tasks;
the first task will be in a format of the article that will summarize the interrelationship between
the travel and tourism business and hospitality. The second part of this report will showcase the
types of integration and their implications for the hospitality industry. It will also demonstrate
that how integration can impact the hospitality business. And, the last part of the report will show
a business plan based on the restaurant business of UK. In the first part, the Junior Consultant of
PKF hotel experts will produce an article to show the interrelationship between PKF hotel
experts and Intercontinental Hotels Group. In the other task, the Junior Consultant will outline
the implication and effect of integration upon Intercontinental Hotels Group which is most
leading hospitality industry. In the next part, the junior consultant will develop a business plan
on Taste King Restaurant of London City in the UK. At last, the overall analysis will be
concluded by the junior consultant.
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Task 1
1.1 Discuss the interrelationships between hospitality and wider travel and tourism
businesses
For the development and expansion of Hospitality industry, the travel and tourism sector
performs the most significant role for it. The hospitality sector comes under the industries of
services. The hospitality sector is quite a large category of fields. It involves theme parks,
transportation and also event planning in the tourism industry. It also involves 3-5 star hotel
services with some of the facilities like parties, bar, pub and many others that are offered by the
hospitality industries. All these amenities help in retaining the consumers. The hospitality
business is considered as the multibillion-dollar business that even offers employment to a major
population of UK. The hospitality sectors operate actually to set relationship and connection in
order to promote the services and products which can be exchanged among the guests and hosts
(Holloway and Humphreys, 2016). For example, when a group wants to travel to various
geographical areas, they get in touch with the travel and tour companies of UK which serve with
great packages including services like accommodation, food, etc. Hotels play a very significant
role in offering these services. Thus we can conclude that there is an interconnection between
hotel and travel industry.
PKF hotelexperts is a globally recognized leader in the market of the hotel, leisure
consulting and tourism. It is a member of the PKF international firm. It was founded in 1869,
since then it has been providing quality and reliable services. It was the first company to offer
specialized consulting services for the hospitality industry and provide relevant financial surveys.
Since its foundation, PKF has been offering unbiased and independent advice on realistic
assessment (Goeldner and Ritchie, 2012). PKF international is among the top worldwide
organizations in the field of accounting, audit, tax and consulting firms. It has its member firms
in more than 300 locations. In 1927, PKF’s founding father, William J. Foster, introduced the
Uniform System of Account for the Lodging Industry (USALI) and with this, the company
emerged as a global industry due to its dedicated activities in hospitality advisory, supported by
relevant benchmarking services and elaborate financial surveys. The dedicated consultants of
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