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…
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 ...
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Sustainable development must be operationalized, based on profit -making and inclusion of stakeholders and the environment. The main aim of sustainable development in the hotel industry is to secure economic development, environmental protection and social equity.
Hilton Hotels and Westin Hotel Macau which are often regarded as two real giants of the global hospitality industry. Correspondingly, the study reveals the various initiatives taken by these organisation with due significance towards environmental cleanliness and social development.
Scholars define this hospitality industry as the business characterized by entertainment of guests, reception coupled with good will and liberty. The history of hospitality industry can be traced back to the era of Colonial Period i.e. during the early 17th century.
ii. The looming threat of terrorism creates security concerns in the minds of the prospective visitor. So, he tries to avoid the visit at times owing to the level of threat perception and travel advisory from respective governments.
1. Angelus Hotel started its operations since September 1999.
Every business entity when initiated will have inherited risk in them as it has to reach the costumers expectations and has to place itself in a competitive environment or it has to create a market demand to its new product to be launched.
However, we generally think of the hospitality industry as including accommodations, restaurants, entertainment, tour and transportation services. In the UK this industry has become extremely important, topping a billion pounds sterling this year, and the
Private or commercial hospitality industry encompasses wide range of organisations engaged in the deliverance of multiple services including fooding and catering services, lodging facilities as well as travel and tourism sectors among others.
Substitutes deal with the RFM (customer value) analysis that attempts to comprehend how customers react to new products (Wearne and Morrison, 2011, 111). This is supported by the bargaining leverage that
As such the government has continued to provide funding to a number of bodies related to hospitality and tourism with an aim of promoting local and international tourism and attracting foreign investment (Reid et al,