Presentation: Contemporary Hospitality Industry Analysis & Predictions

This presentation provides an analysis of the contemporary hospitality industry, focusing on the UK market. It begins with an introduction and an overview of the issues affecting the hospitality sector, which are categorized into operational, managerial, and legislative issues. The presentation then discusses the current image of the hospitality industry, highlighting its dynamic and powerful presence, including its significant contribution to the UK economy in terms of revenue and employment. Following this, it offers justified predictions for potential trends and developments, such as increased investment, the introduction of five-star hotels, the development of conferencing and banqueting units, increased wages and training for employees, and the use of advanced technology. The presentation concludes by analyzing the potential impacts of these trends on the hospitality industry, such as the ability of organizations to meet customer needs and the promotion of innovation in business operations. References are provided to support the analysis.

Contemporary
Hospitality Industry
TASK 3 & 4

Table of content
• Introduction
• Analyse of issues affecting hospitality industry
• Current image of the hospitality industry
• Justified predictions for potential trends and development
• Impact analyses for the predicted trends
• Conclusion
• References

Introduction
In this presentation, various issues which impact hospitality
industry are discussed along with current image of this
sector in United Kingdom. The aim of this presentation is
to predict future trends and developments along with their
impacts.

Analyse of issues affecting hospitality industry
Hospitality industry is a growing sector which attracts
numerous new businesses due to which there are various
issues which can affect functioning of this industry. These
issues are widely categorised into three classes which are:
 Operational issues
 Managerial issues
 Legislative issues

Current image of the hospitality industry
Hospitality industry includes several services such as
accommodations, food services, leisure services which are
provided by various organisations such as hotels, bars,
restaurants, event management organisation etc. Hospitality
industry has a overall dynamic and powerful image, it has
thousands of hotels and restaurants which as annual turnover of
55 billion pounds. This industry is employing 1.7 million
employees and generates hundreds of jobs every year.

Justified predictions for potential trends and
development
Hospitality sector is a growing industry, which is expected to
gain a steady growth.
 This organisation is expected to be have a great level of
investments,Introduction of five stars hotels
 Development of conferencing and banqueting unit of
hospitality.
 Increase in the wages of hospitality employees along
with proper training sessions.
 Usage of advanced technological tools such as motion
sensors, bio metrics etc.

Impact analyses for the predicted trends
The trends and developments which are predicted above has
various impact on the functioning on hospitality industry.
Various impacts for these trends are:
 Organisations can successfully fulfil needs and demands of
their customers.
 Hospitality industry can bring innovation in their business
operations along with rendering quality services.

Conclusion
From the above presentation, it has been concluded that
hospitality industry is affected by various issues such as
operational and legislative. Current image of this industry
is quite impressive as the potential trend predictions
shows that this sector can attain highest growth rate.

References
Yoo, M., Lee, S. and Bai, B., 2011. Hospitality marketing
research from 2000 to 2009: topics, methods, and trends.
International Journal of Contemporary Hospitality
Management, 23(4). pp.517-532.
Zhang, Z., Ye, Q. and Law, R., 2011. Determinants of hotel room
price: An exploration of travelers' hierarchy of
accommodation needs. International Journal of
Contemporary Hospitality Management, 23(7). pp.972-981.

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