To install StudyMoose App tap and then “Add to Home Screen”
Save to my list
Remove from my list
The scope of the hospitality industry refers to the range of businesses that provide services and facilities. The hospitality economy is one of the country’s key industries with huge growth prospects in jobs. In employment terms, restaurant are easily the largest sector, closely followed by a pubs, bars and club with the hotel sector growing more slowly, and the contract food service sector holding steady .
ECONOMIC PERFORMANCE
The restaurant industry produces the most income which is not as profitable as other industries The Industry employs over 1.8-2.4 million people.
It is estimated that the industry will require 30,000 to 35,000 trained people at management and supervisory level year on year.
The canteen and contract catering or contract food service sectors had also shown a strong growth. Estimated 400,000 jobs in hotels and related services.
1.26m jobs in restaurant.
75,000 contracts catering and in-hours catering jobs.
20,000 jobs in event management
The restaurant industries produce the most income which is not useful to other industries when staff and other fixed costs are taken into consideration, £47.53 contributed for each hour worked.
£121.44 per hour in gambling industry and the most profitable of all whole travel services make £102.74 per hour then followed by pubs, bars and nightclubs at £80.89. Four UK nations increased contributing to the economy particularly in Scotland and wales. The hospitality industry highlights the latest figures, 3.2 – 3.1 percent is the overall proportion in this nation.
In 2009 – 2010 the number of businesses increased to 3% which contributed to economic contribution in all industries while travel service decreased to 8% .events is the only industry to see an increase 3% in the number of businesses.
The hospitality industry had continued to dominate the sector which has 89% of the workforce. 43% for hotels, holiday park, catering accommodation and a huge growth for the restaurants that has 43 and increase to 49%. The core of hospitality economy
Hotels.
Restaurant and related service.
Catering and event management.
Estimated turnover £90bn and is worth £46bn to the UK economy. Contributing an estimated £34bn in gross tax revenues.
WORK FORCE SIZE AND CHARACTERISTICS
The 3rd largest sector of workforce size is in hospitality, leisure, travel and tourism. In UK there’s lots of unemployed people which the UK government social mobility strategy, guide and support them to benefits into higher skilled and management roles. There are 106,300 people to replace both those who are leaving and to fill a new job. Hospitality industries grow larger to the sector that has 89% of workforce. There’s 43 % of self-catering accommodation, holiday parks and hotels. Restaurant has increased by 29%. Nearly half of the sector’s workforce is part-time much higher that 28% across the economy as a whole – and are in pub, bars and nightclubs 58% fewer are in travel services 23%. This sector employs 7.2 of the total population.
Report from people 1st finds that the sector continues to employ a much younger workforce that across the whole economy. 58% of workforce is female while there is 42% of workforce of male and 44% of workforce are under 30. 14% are from black or minority ethnic (BME) background. 53% work full time. 9% are self-employed and 21% are migrant works. 64% are from outside the European economic area.13% was born in Bangladesh and 13% in India. Hospitality – hospitality refers to the act of generously providing care and kindness to whomever is in need. The term “HOSPITALITY” has been accepted over the years as a generic word, which describes the wellbeing of services and facilities related to tourist and travellers. The act of taking care of a strangers or it is serving people. The practice of being hospitable
Hospitality refers to the hospitality industry jobs for hotels, restaurant, casino, catering, resort, clubs and etc.
DIVERSITY AND HOSPITALITY
There are many elements of diversity. To describe diversity real simple, it means difference or change. “Diversity” means merely that the employees in the workplace are “diverse.” Elements of diversity can include: skin colour, ethnicity, gender, education, age, sexual orientation, economic background, beliefs, religion, and culture, learning style, country of origin, geographic region, physical ability, mental ability, personality, experience, expressiveness, veteran status, and weight. Diversity is all around us and is changing all the time.
To start there are many new trends out there today, but there are some old ones that still remain. The major trend in diversity is towards a fairly even mix of genders and skin colours. Some trends in the world today that have to do with hospitality include: The Emergence of the Internet and E-Commerce, E-booking and Employment and Recruitment. To give an example of a new trend right now in hospitality would be online booking in the hospitality industry. It is an easy and convenient way for the consumer and also assists in helping hotels to keep better records. The percentage of reservations made online for a hotel is close to 50% to 65%. Companies have improved their business and hospitality this way. It has caused a loss of some employment because they won’t have to hire as many people to take reservations over the phone.
The reason for the popularity of E-booking is that is offers benefits to all parties: the suppliers and customer. There are four basic structural changes that will shape the demand for hospitality services. They include: an increasingly diverse population, the proportion of women working, changing family composition, and a changing income distribution. The shift toward the popularity of ethnic foods almost certainly reflects a change in demand resulting from the increase in America’s present diversity. The changes in our views of women and family have had an enormous impact on the hospitality industry over the 100 years. Family composition is also rapidly changing.
The hospitality Industry. (2016, May 28). Retrieved from https://studymoose.com/the-hospitality-industry-essay
👋 Hi! I’m your smart assistant Amy!
Don’t know where to start? Type your requirements and I’ll connect you to an academic expert within 3 minutes.
get help with your assignment