The Contemporary Hospitality Industry
Summary This assignment outlays how the hospitality industry is fairing in today’s economy, and how its best to approach the future with staffing issues and improving the image for the younger generation to be involved in a career in Hospitality, to how we can make Hospitality a more environmentally friendly surrounding and deal with the ever changing society in which we live in.
The focus of this assignment is to highlight the diversity and ever changing scene of hospitality. It always has to keep up with changes to society. Customer’s needs and wants are forever changing, and hospitality is a sector that must be adhering to change. Around every corner a part of the hospitality industry is there, from the burger van that’s in your local park, to the five star restaurants that you and your family go to for birthdays. The Industry is vital in our lives and provides jobs for millions of people worldwide. As companies grow, so do staffing requirements and skills needed to fill vacant jobs. The industry has been around for hundreds of years and there will always be a market for hospitality as society will always be looking for means of comfort and pleasure. With everyone acquiring their own tastes, the possibilities are endless.
Structure of the Hospitality Industry Hospitality is by far the fastest growing industry there is to date, the scope is truly amazing as compared to one hundred years ago. “In the UK alone, the industry employs over 1.8 million people. It is estimated that the industry will require 30,000-35,000 trained people at management and supervisory level year on year until 2010, if it is to fulfill its potential.”(Capper,2014) This shows that hospitality is continuously growing and when you put that number into a worldwide figure, it’s astounding just how much we depend on hospitality. Most companies however are small time companies and will only hire a few staff and may be family run. For example, a hotel in Blackpool that may only have a small bar and a swimming pool with a simple room service but what you don’t take into account is the produce that the hotel owner buys, may mean that other local food supplies are creating more business, how people travel to get to the hotel like a trains, buses and taxis for example, even as simple to the business cards the hotel may need, someone has to provide them therefore creating a job.
The Hospitality industry worldwide is very diverse and is forever changing and adapting to individual’s needs and wants. Although you may think hospitality only really works around food and hotels, it actually has many sectors within, which include travel services all the way to hostels, all operating at different sizes. There are 14 subsectors of hospitality:
Pubs, Bars and Nightclubs
All of these sectors are relevant to many people, and are visited on a daily basis. We often don’t realize but you are exposed to the hospitality industry every day.
The industry can also be divided into two categories. One of these categories being a commercial sector, and the other being non-commercial. A commercial sector means one that is based on profit, in which making money is the main goal, it provides a service which in return makes them money. Where as a non commercial sector isn’t necessarily making profit it is more providing the service within a certain budget or in some cases, for free. For example, a prison won’t make profit of feeding the inmates but food is created within a certain budget. “In the UK, a prison catering manager has about £1.87 ($4) to provide food for each inmate every day. Young offender institutions are allowed double this amount at £3.81 ($8)…