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Hospitality Provision in Travel & Tourism Sector (Docs)

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Added on  2020-12-09

Hospitality Provision in Travel & Tourism Sector (Docs)

   Added on 2020-12-09

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Hospitality Provision in
Travel & Tourism Sector
Hospitality Provision in Travel & Tourism Sector (Docs)_1
TABLE OF CONTENTS
INTRODUCTION...........................................................................................................................1
TASK 1............................................................................................................................................1
P1 Interrelationship between hospitality and wider travel and tourism business...................1
TASK 2............................................................................................................................................5
2.1 Implications of integration to the hospitality industry.....................................................5
2.2 Impact of integration on hospitality business...................................................................7
TASK 3............................................................................................................................................9
3.1 Rationale for selected project clearly justifying decision linked to target market...........9
3.2 Development of plan for hospitality business................................................................11
CONCLUSION..............................................................................................................................13
REFERENCES..............................................................................................................................14
Hospitality Provision in Travel & Tourism Sector (Docs)_2
INTRODUCTION
Hospitality sector has achieved more significance in present scenario for handling the
public who travel from one place to another either for some entertainment or for business
purpose. In tourism sector, it also has its importance as it helps in attracting visitors from
overseas nations in country. Integration between both these sectors has created wide
opportunities for generating revenue and increasing number of revenues for business enterprise.
Various new products and services have been introduced by both these industries after
integration which has increased number of tourist (Medlik, 2012). Merger and acquisition of
hotels with tour operators have been increased in UK which has transformed business process
and created opportunities to attract international visitors. Present Article is based on analysis of
interrelationship between hospitality and wider travel and tourism business along with its
benefits. Further, implications of merger and acquisition of both industries are also discussed
with the evaluation of how this integration has influenced a business in hospitality sector. In
addition to this, rationale for selected project will be defined along with clear justification of
important decision associated with target market (Sigala, Christou and Gretzel, 2012). At last, a
plan has been created for development of hotel business which involves several aspects such as
its operations requirements, facilities, formation, structure, design and location along with ways
to make the business successful and attracting visitors.
TASK 1
P1 Interrelationship between hospitality and wider travel and tourism business.
Tourism sector and hospitality industry regulates their business operation with similar
objective of maximizing profitability by attracting more customers. Enterprises in hospitality
business such as Hotel, resorts, restaurants and other are considered as important service
providers to travel and tourism business companies. It scenario of leisure for business,
companies are continuously spending the high number considerable time at their hotel especially
when it is analysed to be a luxury status.
With the globalisation, trends of travelling to others countries have been increased due of
removal of visa barriers between countries. At present, tour operators and hospitality industry in
different countries are interconnected and dependent upon each other for getting customers.
Also, visiting to other countries has now become an attractive and continuous trend for people.
Business travel has been increased with increase in interrelationship with countries in these
Hospitality Provision in Travel & Tourism Sector (Docs)_3
sectors. According to different sources, travel and tourism business usually contributes 34%
towards GDP of UK economy (Mok, Sparks and Kadampully, 2013). Findings has also
provided information that more 50% of travel and tourism sector are interconnected with
hospitality business and achieved high growth in last five years.
2
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