IHG Hotel Operations, Functional Units, and Economic Impact

This report delves into the interrelationships of operational and functional units within the hospitality industry, using IHG Hotel as a case study. It highlights how departments like Human Resources and Accounting are crucial for smooth operations, particularly in areas such as staff training and budget management. The report further examines the economic impact of the hospitality sector, discussing its contributions to local, national, and international economies. It explains how the industry provides employment, preserves local cultures, generates revenue through tourism, and enhances infrastructure. The report also covers the importance of the hospitality industry's role in providing services like hotels, restaurants, and transportation, ultimately contributing to national income and global market expansion. The analysis encompasses various aspects, including the industry's ability to cater to diverse markets and its overall contribution to GDP growth.

Contemporary Hospitality Industry
Hospitality industry include wide range of traveller, which operate
in all types of market whether it is local, national and
international. It enhances the GDP rate that directly affect in the
growth of overall economy. Thus, it makes significant
contribution to the local, national and international economies,
which is stated below:
Local economy:
As hospitality industry operate in multiple country, due to
which it provides employment opportunity to the local resident.
Along with that it makes essential effort to preserve the culture
and tradition of local market. This attract the interest of tourism,
which helps in generating revenue, and enhance the infrastructure
of local economy.
National economy:
Within national economy hospitality sector offer multiple
services like hotel, restaurant and travelling facility within
different places of national boundary. It contributes to enrich
overall economy by increasing the national income of country.
International economy
Here hospitality sector diversifies their business across
their national boundaries in order to expand the market share of
company. Thus, it include transportation as well as
accommodation services where hospitality sector takes care of the
need of an individual.
Review the interrelationships of the operational and functional units
The operation as well as functional unit of IHG hotel are
interdependent on one another. For example, the back house department the
function department includes human resource department. The essential role
of this department is to train and develop the staff of front house operation
department like housekeeping staff. This help the company to main the
relation between company and client. Along with that accounting function is
an essential part of back office that design the budget, which need to be
followed by all the staff, include front office. Thus, coordination among this
department helps them to share all necessary detail that helps in increasing
the demand and maintain the coordination to function smoothly.