ASSESSMENT B Section 1 : Discuss the significance of the hospitality industry to the regional, national and global economies Describe with clear reference to a range of sources, how the hospitality industry may be classified into different sub sectors Section 2 : INTRODUCTION: According to Saskia and Réau (2009) the origin of the tourism appeared between the middle of the XVII the end of the XIX century, where wealthy British were travelling in European countries from the northern countries until the Greek island and return to their countries lining the Mediterrannee. The globalization is defined by trading in the all world in every sector models such as; cultural, economic and political. Those models were developed by Northen countries since 1980 where international exchanges of people started. All countries of the world are now interdependent. Thanks to this improvement, its benefit for a wide range of different sectors like the hospitality Industry that means that people can travel all around the world.
There are million words to describe the term of hospitality in this stage. Many people have tried to explain it in different ways. Basically, hospitality industry is the act of the sympathy in looking after and serving convenience to customers, which mainly focus on different departments (“Introduction to hospitality”,2013). The hospitality industry can be classified in three different sectors that are events management, food and beverage and travel and tourism (Reynolds, n.d.). Therefore, each sector has it own operation and purpose.
Different variables drive expanded go over the globe: higher genuine livelihoods, more relaxation time, enhanced and very available transportation frameworks, exceptionally successful correspondence frameworks that encourage promoting, and critical quantities of tourism administrations and alternatives have been advancing online in numerous nations. Travel & Tourism is an especially appealing choice to empower advancement in rustic and low salary nations and districts that beforehand depended vigorously on farming and normal asset extraction. Tourism improvement regularly gives the double focal points of creating occupation and pay while advancing social legacy and traditions.1 Promoting Travel & Tourism can bolster monetary advancement, to some extent, in light of the fact that the business slices crosswise over and is connected to numerous different businesses in the economy, producing extra request in an extensive variety of administrations and professions.2 notwithstanding the immediate and aberrant impacts, Travel & Tourism additionally creates important spinoff advantages by creating base that different commercial ventures can utilize, and by boosting exchange, aptitudes, and interests in different commercial ventures that are not specifically related. This segment expands on the past one and dissects the more extensive financial
The tourism industry is very different from other industries because here you are not dealing with a product, instead, you are promoting the offerings of a destination. The high level of competition within and outside the industry makes you be constantly creative and unique in your approach. Your customers should always get the best image of the destination and its offerings. It should offer and contribute towards sales through the diffusion of information. It should act as a driver in encouraging the actual or potential customers to travel.
1 Introduction The new era made us the bystanders of a great show, namely the informational and technical show of every sector of the society. Every country in the world understands the importance of tourism as a part of the economic sector that can sustain the development of the national economy. Generating the revenue and employment, tourism is the sector where partnerships find the perfect tools to achieve goals. Years in a row, many island states in the Caribbean experienced some substantial economic instabilities. However, tourism was the sector seen as an alternative to enhance the economic development of the countries.
Tourism is presently one of the main monetary exercises on the planet adding to financial, social and political advancement of different locales and Krippendorf (1989) contends that we should be mindful to the development of this movement. The hotel industry is one of the main sub-sectors of tourism and Cunha (2003) believes that the hotel industry was one of the in the principal motives for the development and growth of tourism, which has led to increased number of establishments hoteliers, respective size and organizational complexity (Quintas, 1998). Also the national hotel accompanied the growth of international hospitality thus becoming in the activity with the highest weight among all activities covered by the national tourism. Lima (2003)
biggest employers. ?The hotels, catering and tourism sector is one of the fastest growing sectors of the global economy. It is also among the top-job creating sectors because of its labour intensive nature and the significant multiplier effect on employment in other related sectors. Yet, the sector has a reputation of poor working conditions due to a number of factors.? Hospitality and Tourism.
The interaction between tourists and poor communities can provide a number of intangible and practical benefits. These can range from increased awareness of cultural, environmental, and economic issues and values, on both sides, to mutual benefits from improved local investment in infrastructure. At the world conference held in Manila on tourism in 1980, importance of tourism and its effects were recognized in the declaration, which stated as; ‘’tourism is an essential activity both on the life of the nation since its direct and indirect effects on economical, social, cultural, and educational sectors of the society and their international relations’’. Economic benefits of tourism 1. Contribution to Gross Domestic Product; Tourism is being one of the world’s largest industries and contributes directly and indirectly (total contribution) to the global economy.
CHAPTER 2 LITERATURE REVIEW In this chapter, literature, theories and other related information is screened and summarized to give a better perspective of factors of the hotel chain development. 2.1 Globalization Currently, tourism becomes increasingly global. Becoming a global tourist market is accompanied by a powerful process of trans-nationalization, which find expression in the international interweaving of private capital, strengthening the ties between the monopolies of different countries and a wide development of transnational companies in the tourist business. According to the study of Malyushenkova (2014) the process of globalization - high availability of foreign markets , the development of transport systems, new ways of sharing information and modern technology - all these factors have a huge impact on tourism. The sharp increase in the number of tourists, business travelers, and students participating in international educational programs is reflected in the change of the hotel sector.