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Analysis of the hospitality sector
Analysis of the hospitality sector
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Why hospitality industry is great place to work! Owing to the changing lifestyle trends, consistently growth in the middle class population and ever-increasing disposable income, the hospitality sector has seen a tremendous growth in the recent years. In fact, the sector gives a great opportunity to the young population to work with some of the best restaurants, pubs& bars, and best nightclubs. Furthermore, the growth of the hospitality industry is one of the big contributors of any country’s GDP. The growing size of the industry, lucrative opportunities, and great perks are some of the reasons which are attracting a lot of youngsters to explore this sector. Here, we are discussing the reasons why hospitality industry is great place to work in present times. Wide Exposure Considering the global …show more content…
Irrespective of the job profile you get in the best nightclub to work, you hold the power to make people happy and satisfied. Multiple opportunities for lateral and vertical growth Hospitality industry is one sector that provides multiple opportunities for growth and a great variety of profiles to work with-in the best restaurants, pubs & bars, and nightclubs such as reservations, concierge, chef, reception, and much more. Furthermore, the industry has great potential for rapid horizontal movement and growth Flexible work schedules One of the reasons that make hospitality a lucrative industry is the flexibility it provides. If you want a best nightclub to work with, you can be rest assured that it will not be a monotonous 9 to 5 job. Working in best restaurants, pubs & bars offers a great deal of variety, not just in terms of the working hours, but also in terms of the job profile assigned. Job
Hospitality is a very competitive industry, working in such dynamic environment require the employee to continuously innovate and being acumen with new trends. As a student, the industry placement gives me a chance to reflect the knowledge I have learnt in the first term. At the same time, it requires the student to have a good understanding of their strength and weakness based on the WIL competencies, from there they can have a SMART plan to improve any weakness. For the purpose of this report, the focus will be on my objectives in this industry placement and how I aim to achieve them.
If you are interested in a management career in hospitality industry it is good to research the management position that you may be interested in. Find out what the different positions are is a good way to start your research. The two different industries within the hospitality industry are the Hotel and Lodging industry and the Restaurant industry. The different top management position in the Hotel and Lodging are: General Manager, Director of Human Resources, Director of Food and beverage, Director of Rooms Division, Director of Sales and Marketing, Director of Engineering, Director of Accounting. The different top management for the restaurant industry are: General Manager, Kitchen Manager, Bar Manager, and Dining Room Manager.
The Hotel industry has become very important in the past years due to immense traveling and growth of international business. Hotel industry not only plays an important role in the life of people but as well as the economy of the country. Development and advancement in the Hotel industry have rapidly been taking place and especially since the rapid change in technology, it is very important for hotels to be promptly keeping up to date. When the hotel industry is spoken of, there are many famous hotels but one hotel company that has been outstanding in growth and other aspects of business, like in Leadership, Teamwork (Employee turnover), Motivation (Customer retention and satisfaction, Goals and objectives, (changing the way hotel business has worked), and Change within the company; structurally inside and physically outside, adding elements, like entertainment, gaming, and outdoor activities, is the Hilton Hotel Company.
The hotel industry performs within a saturated market, driven by customer loyalty and competitive pricing to stand-out. This competitive nature makes it extremely important to capitalise on strengths while improving on
Helped With unique efforts by government and all other stakeholders, including hotel owners, resort managers, tour and travel operators and employees who work in the sector, Indian hospitality industry has gained a level of acceptance world over. It has yet to go miles for recognition as a world leader of hospitality.
As we know that, Hotel service industry is an irreplaceable industry in every countries. The tourism industry played an essential role in the growth of their economies. The hotel industry is closely linked to the tourism industry. The most common Asian countries that we always mention are Hong Kong, China, Indonesia, Japan, Korea, Singapore, Thailand, Taiwan and so forth. At the previous decade, Asian countries’ tourist arrivals rising almost twice the rates compare to the other region. The growth of the Asian hotel management has been continues and increasing day by day despite the economic of word-wide in the past few years was uncertain due to the amount of tourism in every Asian country was no reduction. Thus,
Hcareers, (2013) Must-have Hospitality Skills Employers Want To See [Online] Hcareers. Available from: [Accessed: 10 Dec 2013].
The hotel industry is an important component of the tourism industry. The fortunes of the hospitality industry have always been linked to the prospects of the tourism industry. Tourism is the foremost demand driver of the industry. Along with the tourism industry, the Indian hospitality industry has also emerged as one of the key industries driving the growth of the services sector and, thereby, the Indian economy.
The hospitality industry is a business sector, which consists of types of services that are based on the principles of hospitality, characterized by generosity and friendliness towards guests, specializes in the market of services related to the reception and guest service.
The reason I chose the Hotel Management industry is because it is a career path that I have always been interested in and curious about. It is a fast growing widespread global industry. I’ve always wanted an exciting career, which would integrate my business and creative skills in a way, which would be more energetic, active and fun than most orthodox and boring office desk jobs. I also desired to work in an industry, which I was fervent about. For my first year Applied study period I had the opportunity to work at The Taj hotels, resorts and palaces, India and my experience there established many of my principles of how the hotel industry operated. Despite my refining on the job experience, that allowed me to explore the various departments and requirements of the everyday job, I had never elaborately researched the prospects of working and skills and requirements required in the Hotel Management industry; and this Is exactly what I aim to accomplish with this report.
This career has given her loads of opportunities to network with people, meet amazing people, and go to amazing places. It has also given her an air of independence, which allows her to do things on her own. From her own perspective, the importance to make success in the hospitality career is working hard, having fun, and focusing on the things that she can influence and she can
First of all, what is recruitment and what is the recruitment importance in the hospitality industry? The definition of recruitment is that the process of finding and hiring the best...
Components of marketing mix of hospitality industry and other industry are same but the blending process is different as services are perishable in nature. Product, price and promotion may remain as same another physical product but the place is the service provider itself as service cannot be separated from its provider and service is produced and consumed simultaneously. Hospitality companies have to create unique value proposition and market offering (product) set an affordable and competitive charge in return (price) and let people aware about their market offering (promotion). As technologies advances many hotel and restaurant have online service like advance booking, information about service, history and legacy about the hotel make available
According to Flippo, (1984) Hospitality industry is mainly a service based industry which requires an efficient workforce to deliver a good and satisfying service to their guests. So for fulfilling the talent in the organisation they need to follow a process and recruitment is the first and the very essential step to follow. It is a process to search for pr0spective employees and provoking them to apply for the job openings. Recruitment is a course of action to bring light to the sources of personnel to meet the needs of staffing and to attract requisite or fair number of efficient employees which further ease an effective selecti0n of an efficient team of executives. Recruitments is an operation which act as a necessity for selection. A well
In February 2014, I worked at the South Beach Wine and Food Festival as a guest support. One of the things I liked the most were my managers. They were people with higher education and many years of experience as their background, but they were also people that cared a lot about their staff and the students. They assured that everyone knew their responsibilities, what to do if something went wrong and how to be safe. Moreover, the managers had the opportunity to work with so many different students from different cultures, and they were able to accommodate themselves to the students’ values. My experience at the festival was very positive, and I liked the way my superiors did not look like bosses just ordering around, but they looked like leaders guiding and caring about their personnel. Therefore, the skills and knowledge I have acquired at my job and volunteering experiences have helped me to be more aware of what to do and not to do when leading others. When I become a manager, I want to be the kind of leader that knows how to do things flawlessly so that I can show and teach others how to do a good job while nurturing the employees with positive and constructive criticism. In my values, I consider myself a huge believer in furthering one’s education. I consider that the more experience and knowledge I gain the better I become because I have developed a heightened value of what I have been