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The Entertainment Industry and Venue Management in Hospitality Industry - Assignment Example

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Based on the economic statistics so far conducted precisely from 2012 to date, entertainment and venue management, which is under hospitality industry has been a major economy booster in UK. For instance, the industry as per the current statistics usually contributes to…
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The Entertainment Industry and Venue Management in Hospitality Industry
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The Entertainment Industry and Venue Management in Hospitality Industry

This confirms the sector compared to others has potential of sufficiently giving the government high revenue.
The extent of Theatre in UK is quite evident based on numerous admirations not only within the bloc but also from global admirers who visit London annually due to the sector’s quality and creativity. Based on Shellard (2004) study, by 2004 had about 541 theatres whereby to date they have increased. Based on 2009 statistics approximately 10% of all visiting over 10 million people normally preferred watching stage shows whereby to date the number continues to augment (BBC News, 2010). The sector’s audiences include both the local and global people whereby the latter prefer making UK as their tourist destination. Hence, contributing to government revenue evident in 2009 whereby the revenue from this sector was about £2.8 billion (BBC News, 2010).
There are roughly 50 parks in UK with Alton Towers being the Britain’s best, whereby similar to theatres the parks their target includes both global and local visitors (Hughes-morgan, 2010). Though not comparable to other sectors, theme parks are currently making significant strides towards being reliable revenue generators. The 2009 statistics depict the sector managed to contribute approximately £315m, which is significant revenue to the economy (Hughes-morgan, 2010). Probably, the hindering aspect is that their highest turnover period is especially in December when numerous people especially youths visit these venues (Hughes-morgan, 2010). The most targeted people include children and youths though and fun loving people more so parents as they accompany their young ones. Hence, they are family destinations not only to the natives but also tourists visiting diverse states who normally prefer relaxing with their close members more so children.
The UK museums play a critical role since they represent culture in historical phases up to date. They actually assemble artifacts and preserve ... Read More
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