Contemporary Hospitality Industry: Trends, Analysis, and Impact

This report provides an overview of the contemporary hospitality industry, focusing on operational, managerial, and legislative issues. It examines the current image of the industry, discusses the operational issues such as rising costs and legislative issues related to employee rights and wages. The report also explores managerial challenges, such as the need for skilled employees. Furthermore, it presents justified predictions for potential trends and developments, including lifestyle changes, online booking, food and beverage management, and the impact of social media. An impact analysis is produced, considering economic, financial, and demand factors. The conclusion highlights the sector's significant contribution to the UK economy and employment, as well as its role in international business. The report references key sources to support the analysis.

Contemporary
Hospitality Industry
Task 3&4

Table of Content
 Introduction
 Operational, managerial and legislative issues resulting from recent
developments affecting the hospitality industry
 Discuss the current image of the hospitality industry
 Present justified predictions for potential trends and developments in
hospitality
 Produce an impact analysis for the predicted trends and developments
 Conclusion
 References

Introduction
Hospitality industry is the wide sector which is contributing huge amount
in the development of economy. This sector is famous for its services
such as accommodation facility, food and so on. Hospitality and
tourism sector both are interrelated with each other because if people
are travelling they want hotel to stay and restaurants to eat food.

Operational, Managerial And Legislative
Issues
Operational issues:
This department is related to operational activity of company in this
major issue arise is the raising cost of entire organisation. All such
major issues take place in organisation is because of modification
which is being carried out in the enterprise.

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Legislative issues:
These issues are related to laws and regulations of employees who are
working in organisation. That every staff member have minimum
wages right along with the equal wages. Remuneration of personnel
are according to the work or role of their in organisation.

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Managerial issues – Primary issues through which an organisation is
going on in management is less number of capable as well skilled
employees. Demand of customers can be fulfilled in effective
manner with the assistance of proper workforce so that they can be
able to deliver offering in better manner.

Discuss the current image of the
hospitality industry
Current image of hospitality industry is best as per the annual report
which is given by British Hospitality association.
 Hospitality industry of the United Kingdom is playing a crucial
role in making sure that Brexit is a success as this business have
supply with infrastructure and financial help which is necessary in
business the blows in the economic system.

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 Economy of United Kingdom is dependent on the hospitality
sector as well it have capacity of facilitates , host events,
seminars and many other programs also. In the present scenario
there are approximately 60,000 population of UK is employed in
the same segment.

Present justified predictions for potential
trends and developments in hospitality
Various factors which are involved in this aspect are given below:
 Modification in level of lifestyle
 Online booking of various hospitality services
 Food and beverages management
 Impact of social media on the sector

Produce an impact analysis for the
predicted trends and developments
Modification is implemented in organisation as per the changes take
place in business environment. Some of these are as follows:-
 Economic impact analysis
 Financial analysis
 Demand analysis

Conclusion
From the above assignment it has been concluded that, hospitality
sector is the wide among all and its in contributing huge amount in
development of economy. By providing employment opportunity,
living standard to population of United Kingdom. Along with this it
is working in large scale and providing employment to their
neighbour of European Nation.

References
Deery, M. and Jago, L., 2015. Revisiting talent management, work-life
balance and retention strategies. International Journal of
Contemporary Hospitality Management, 27(3), pp.453-472.
Pinar, M. and et.al., 2011. Gender diversity in the hospitality industry: an
empirical study in Turkey. International Journal of Hospitality
Management, 30(1), pp.73-81.