Contemporary Hospitality Industry: Issues, Trends, and Predictions

This report provides a comprehensive analysis of the contemporary hospitality industry, examining current trends, managerial and operational issues, and future predictions. The report highlights the impact of globalization, the importance of customer loyalty, and the role of technology in shaping the industry. It explores key trends such as the emphasis on marketing, lifestyle changes, quality, social networks, and the renovation of old properties. Furthermore, the report predicts future developments, including authenticity, fusion cooking, street food, and gourmet fast food. The report concludes by emphasizing the importance of understanding these trends and issues for the continued growth and success of the hospitality sector. The report also references academic sources to support its findings.

CONTEMPORARY
HOSPITALITY INDUSTRY

Issues in Hospitality Industry
Some following issues which the organizations can face in the
businesses due to recent development, are as follows,
 Managerial issues,
 Operational Issues,
 Legislative issues.

Current image of the hospitality industry
 The current hospitality industry is very optimistic and try to
implement all the trends into their system. This is the industry
which is growing day by day.
 It has loads of career choices for the people to choose from
along with a basis for a considerate return in it. The current
industry is facing a lot of globalization. Due to these issues,
there is a great rise in the need for security and safety for their
customers who comes to visit their country.
 The current hospitality and tourism industry is also offering a
chance to their customers to understand become familiar with
their local culture. This will help them to increase their
customers rate and their cultural values.

Predictions for Potential trends and Developments in
Hospitality Industry
By analysing or studying various trends like, food fashion trends,
entrepreneurial opportunities, globalization, technology and its
applications and the competitive nature of the industry will help
hospitality industry to develop. There are various current trends
which is currently trending in this sector, for example,
 Great emphasis on Marketing,
 Lifestyle level changes,
 Quality,
 Social Network Trend,
 Focus on renovation of old properties.

Impact analysis for the predicted trends and
developments in Hospitality Industry
There is a huge scope for the development of the hospitality
industry in UK. Continuous change in the trends tends these
sectors to update their system with them which can help them to
increase their growth in the target market. Various predicted
trends and development which can arise in the future, are as
follows,
 Authenticity,
 Fusion Cooking,
 Street Food,
 Gourmet fast food.

Conclusion
It will help to understand various issues which can arise in
hospitality industry.
It will also focus on the current trends and future opportunities
which is available in the market for this sector.

References
Kandampully, J., Zhang, T. and Bilgihan, A., 2015. Customer
loyalty: a review and future directions with a special focus on
the hospitality industry. International Journal of
Contemporary Hospitality Management. 27(3). pp.379-414.
Gaggioli, A., 2015. Hospitality industry trends to watch in 2016.