HND Hospitality Industry: Nature, Structure, and Trends Report

This report delves into the multifaceted nature and structure of the hospitality industry, exploring various business types like food and beverage, travel and tourism, entertainment, and accommodation, with a specific focus on The Midland Hotel. It examines operational and functional departments, highlighting their interrelationships and contributions to local, national, and international economies. The report analyzes different operational roles within the industry, the skills required, and the current skills shortages. Furthermore, it assesses the impact of political, economic, social, technological, legislative, and environmental factors through SWOT analysis. The report also investigates the implications of current and potential trends, evaluating how hospitality businesses can adapt and develop products and services to meet these evolving demands, including the use of licensing and franchising for global growth. The report provides a comprehensive overview of the industry's dynamics and future prospects, highlighting the importance of adapting to external factors and emerging trends.