Tourism contribution to promoting socio-economic growth and development
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This research proposal explores the impact of tourism on socio-economic growth and development, with a case study on The Savoy Hotel. It discusses the importance of tourism, challenges faced by the industry, and strategies for tourism development.
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Table of Contents Introduction......................................................................................................................................3 Research Rationale..........................................................................................................................3 Literature Review.............................................................................................................................4 Research Methodology....................................................................................................................7 Conclusion.......................................................................................................................................8 Recommendation.............................................................................................................................8 REFERNCES:..................................................................................................................................9 Books and Journals:....................................................................................................................9
Introduction Hospitality is a broad industry that includes various services like travel and tourism, lodging, event planning, food and drink service, theme parks. It is seen that tourism contributes a lot of hospitality industry. It is seen that there are various changes that take place due to dynamic nature of business. Tourism sector keep track on all such changes and work in an effective manner (Kim, Lee and Fairhurst, 2017). It is seen that tourism not only contributes to economic development but also takes care about growth of society. There are various needs and wants of society that are also taken care by the organisations that deal in tourism sector. The Savoy Hotel is taken into consideration to conduct this research. It is one of the famous organisation in hospitality sector. It was first luxury hotel of Britain. It is situated in London, England. It was established in 131 years ago in 1889 (Savoy.2021). There are number of services provided by the Hotel to its customer that helps to engage the customers towards the organisation. Research Rationale The topic of the research is to analyse the contribution of tourism in socio-economic growth. As the sector is growing it is necessary to know and understand the benefits and importance of tourism. It is seen that the concept of sustainability must be taken care by all the organisations. As economic growth of an organisation is important but at the same time taking care of society is important. As the organisation that takes care about the trends of society is able to achieve success and growth (Aladag and et.al., 2020). There is direct development of nation if the hotel provides effective services and attracts customers. It is necessary for growth and development of nation. Along with that there are number of people that like to visit and if they are provided effective services to them. There is evaluation of benefits and importance of tourism and their contribution in socio-economic growth. There are several challenges that are faced by Hotels relating to tourism that are also mentioned and the strategies that must be used by them are also important part of this research. Title: Tourism contribution to promoting socio-economic growth and development Aim: “To analyse the impact of tourism on promoting socio-economic growth and development of an organisation.” A case study on The Savoy Hotel. Objectives To understand the concept of tourism
To evaluate the importance and benefits of tourism in socio-economic growth To analyse the challenges faced by tourism industry To identify the strategies that help in tourism development Research Questions What is the concept of tourism? What is importance of tourismin socio-economic growth? What are the challenges faced by tourism industry What are the strategies followed by tourism sector for its development? Literature Review It is a way of collecting secondary data from various sources that are available. In this already published data is reviewed to analyse information related to the topic of research. The sources used are articles, books, magazines, newspapers as well as online websites are used to gather information. To understand the concept of tourism According to Meng, Lin and Tzeng, 2020 Tourism is the activity of people that like to travel and stay at places outside the usual environment. Tourism contributes around £106 billion to British economy. The purpose of travelling is leisure, business or other purposes. It is seen that people like to travel as they want change in their lives. As they get bored from normal routines. There are number of destinations that are beautiful and attract customers. The Savoy hotel should provides them various services such as spa, pool, gym, entertainment, guide etc. It is beneficial for them and their growth and success. The task is to attract these tourists and serve them. As they contribute to GDP of nation. Tourism is dynamic and competitive industry where several changes take place. The people have their own desires and wants. It is up to the Hotel and business organisation how effectively they understand the trends in market and serve the customers. It is necessary to work effectively and know about the trends that are present in market. There is need to provide them with all the needs and wants of these people. So that they are able to achieve the target of customers. The tourism sector is focusing towards sustainability as it will be beneficial for them to use all the resources optimally. This will help in more usage of resources and environment development as well. A hotel that is able to use all the resources rationally as well as reduce the wastage is able to gin economies of scale. It is necessary for the
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to satisfy the tourists that visit and earning profits. At the same time it is necessary to take care of the development and growth of society by providing effective and efficient services. To evaluate the importance and benefits of tourism in socio-economic growth As per Richards, 2018Tourism is one the reason for success of various economies. It is seen that the sector has numerous benefits. This a good source of earning for the nations. It is seen that the beauty of the destination attract so many people. These tourist are ready to spend huge amount on travelling for the purpose of enjoyment. At the same time it helps to provide employment opportunities to various number of people. As there is growth in sector there is need of skilled employees in nation. Tourism sector provides around 3.8 million jobs in UK. It is seen that by providing job there is development of nation. It is seen that tourism boost the economic development and takes care about the social development. As the Hotel is identifies the needs and wants of customers and they work in such a manner that helps in satisfying the customers. It is a fact that if sustainability is taken into consideration that no one can stop the development. As the tourist belong to different religion, places the tourism is a way that helps in cultural exchanges. People are able to know about various cultures, understand them as well as respect them. There are infrastructural developments seen due to tourism. As there is development is places and other infrastructures of the nation, so that tourist like to visit the place. The GDP of nation increases and that helps in overall development in economic condition of nation. There is development in all the parts due to flow of money in economy. The tourism sector helps in development of various sectors such as communication, agriculture, health as well as education. The growth is supported by the initiatives taken by government to support the tourist of nation. An organisation work effectively if they are able to attract customers and earn revenue. The savoy Hotel tries to identify the needs and wants of nation and assures that the tourist get best services. As they understand that it is a great source of revenue for them and contributes to their success. This is seen that all the organisations should make efforts to serve the customers. At the same time the take care that they do not harm society and people living over there. It is seen that tourism has major role in socio-economic growth of nation. To analyse the challenges faced by tourism industry As per the point of view ofLundberg, 2017It is seen that there are various challenges that are faced by the organisations that operate in tourism sector. As there is huge competition present it become difficult to attract the customers and retain serve them effectively. All the
hotels try to provide best services to the customers. So, competition is one of the major challenge that is faced by the tourism sector. At the same time it becomes difficult to analyse the needs and wants of customers. As there are different tourists and they belong to number of places. There is need of good and effective research in order to serve them in an effective manner. As well with globalisation the standard of people enhances. It is seen that the business organisations have to identify and provide unique services to the tourists in order to serve them. They have to learn all the languages as well. The tourist like to talk in their native language. All the employees are given training in this regard. The tourist face one of the major issue that is related to security of tourist. There is low security being given to these people and this a challenge faced by them. There are heavy taxes levied on tourist industry. The high taxes reduce the profitability. It is seen that there are many challenges faced by them and it is time to understand the nature of challenges and then take actions and build strategies that will help them to come out of the situation. In relation The Savoy Hotel they also face these challenges and make efforts to come out of these situation for their success. It is necessary to deal with them for development of nation and success of business enterprise. To identify the strategies that help in tourism development According toArbulú, Lozano and Rey-Maquieira, 2017By knowing and understanding the challenges that are faced by the tourism sector and its organisation. It becomes necessary to take actions that would help in development of strategies. By conducting proper research about the tourist and understanding their desires the Hotel is able to attract them. At the same time digital marketing tools and techniques are effective ways that have good coverage of market and its customers. So, the use of social media marketing and tools help in development attracting the customers. The Hotels should focus on providing quality services to the customers in order to satisfy them. The tourists face various security challenges so these Hotels should enhance the safety and security of tourists this will also contribute in their success. At the same time providing them unique services and other additional service will he helpful for the Hotels. It is seen that not only these services will help. For the development of sector, Government should take initiatives and then work. As Government has control over all the areas the support the working and development of tourism sector. They contribute to development of communication, roads as well as they can help in bringing political stability(AL-hazmi, 2020). They may develop various strategies that will help in attracting customers. The concept of sustainability is
helpful and contribute to growth and success of tourism sector. By moving towards using renewable resources and minimising the wastage of resources. It will help in developing the tourism sector. Research Methodology It is a process that is followed by researcher in order to conduct the research in n effective manner. It is the path that is followed to facilitate the research. It helps to analyse the data that is collected. There are some steps that are followed by researcher and that are discussed below: Researchphilosophy:Therearetwophilosophiesofresearchthatarepositivismand interpretivism.Inregardtopositivismthereobservationsareconsideredtodrawfactual knowledge. Interpretivism is based on interpretation of of elements of study and integrates humaninterest.Toconductthisresearchpositivismresearchphilosophyisusedasthe conclusion is based on observation. Research approach: There are majorly two types of research approach. It is up to the research that which approach they want to use. The first one is inductive approach that can be defined as building new theory and concepts(Dźwigoł and Dźwigoł-Barosz, 2018). On the other side deductive research is based on existing theories. It is seen that to do this research deductive research is used as it helps to understand the relations among the variables and draw effective conclusion. Research Design:Qualitative and qualitative are two types of research design. In quantitative research design there is use of graphs and statistical tools in order to analyse the numeric data. The next is qualitative is not based on any numeric data the theoretical information is analysed. In this case both the research design will be used. Data Collection methods:The two ways of collecting the data are primary and secondary. Primary data is first hand data that is collected by the researcher. It is time taking method of collecting the data(Nayak and Singh, 2021). On the other side secondary data is second hand data that is already published. In this case both the data will be used to grab the information. It generally takes less time to collect the data through secondary resources. Research strategy:To complete the primary research questionnaire will be used. As it help to identify the views employees are taken. Literature review is done in order to do the secondary research.
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Sampling:It is method of selecting some of the individuals from overall population. It is not possible to collect the data from all the employees. So, some employees are selected on random selection as it helps to know the point of view of these people. Ethical Considerations:There are some ethics that must betakencare while doing the research. It becomes necessary to collect authentic information to so the secondary research. At the same time the researcher must take care about maintaining confidentiality and do not harm any third party(Ngozwana, 2018). The privacy of data must be maintained and there should not be any wrong use of the already published information. It is important to take all the ethics into consideration and working in with full honesty and integrity. Conclusion From this research proposal it is concluded that tourism sector helps in socio-economic growth and development of nation. There is discussion related to tourism sector which is one of the major part of hospitality industry. It is important for an organisation to assure that they study about the trends in market and make efforts to change as per the customers. Tourism contributes to GDP of the nation, helps in infrastructural development as well as provides employment. All these things help in economic development. All the efforts are done to develop the tourism. A new concept of sustainability is also working now a days. It is vital to use all the resources in a optimal manner and this helps in social development as well. There is discussion related to the challenges that are faced by tourism sector. It is important for tourism sector to use new and innovativeideasthatwillhelpintheirsuccessanddevelopmentofnation.Research methodology including the ethical considerations are also part of this report. Recommendation There are some points that must be considered while doing this report. It is important to understand the concept of tourism and know about its contribution in growth and development of nation. It helps to formulate effective strategies. The concept of sustainability must be used by business organisations as it helps in overall development. At the same time they must provide quality services to customers. Digital marketing strategies must be used by the organisation as it helps in attracting more customers.
REFERNCES: Books and Journals: AL-hazmi, N., 2020. The impact of market targeting strategies on tourism services.Management Science Letters,10(12), pp.2799-2804. Aladag and et.al., 2020. Strategy implementation research in hospitality and tourism: Current statusandfuturepotential.Internationaljournalofhospitalitymanagement,88, p.102556. Arbulú, I., Lozano, J. and Rey-Maquieira, J., 2017. The challenges of tourism to waste-to-energy public-private partnerships.Renewable and Sustainable Energy Reviews,72, pp.916- 921. Dźwigoł, H. and Dźwigoł-Barosz, M., 2018. Scientific research methodology in management sciences.Фінансово-кредитнадіяльність:проблемитеоріїтапрактики,2(25), pp.424-437. Kim, S.H., Lee, K. and Fairhurst, A., 2017. The review of “green” research in hospitality, 2000- 2014:Currenttrendsandfutureresearchdirections.InternationalJournalof Contemporary Hospitality Management. Lundberg, E., 2017. The importance of tourism impacts for different local resident groups: A case study of a Swedish seaside destination.Journal of Destination Marketing & Management,6(1), pp.46-55. Meng, Q., Lin, M.S. and Tzeng, I., 2020. Relationship between exercise and Alzheimer’s disease: A narrative literature review.Frontiers in neuroscience,14, p.131. Nayak,J.K.andSingh,P.,2021.FundamentalsofResearchMethodologyProblemsand Prospects. SSDN Publishers & Distributors. Ngozwana, N., 2018. Ethical Dilemmas in Qualitative Research Methodology: Researcher's Reflections.International Journal of Educational Methodology,4(1), pp.19-28. Richards, G., 2018. Cultural tourism: A review of recent research and trends.Journal of Hospitality and Tourism Management,36, pp.12-21. Online Savoy.2021.[Online]. Available through: <https://www.thesavoylondon.com.>