StudentShare solutions
Triangle menu

Hospitality and Tourism Business - Essay Example

Extract of sample
Hospitality and Tourism Business

Moreover, the industry also performs a key role in dealing with the aspect of unemployment all over the world by employing millions of people worldwide. In the contemporary context, the industry has undergone various noteworthy changes and its significance has reached a considerable level altogether (Barrows & Powers, 2008). It is apparent that the tourism and the hospitality industry have emerged as quite crucial with its presence being quite prominent all over the world. It is worth mentioning in this context that there are certain characteristics of this particular industry, which are observably unique and different from other industries upto a marginal extent. Some of the differing characteristics of this particular sector include its predominant nature of being a service industry although imbibing the characteristics of a product oriented industry as well, the labour intensive nature of this sector and the aspect of seasonality among others. All these facets are crucial for business operating in this sector, with the purpose of devising their strategies ensuring sustainability in their operations (Tesone, 2012). Contextually, the primary intention of the discussion henceforth will be to analyse the characteristics of this particular sector in detail and recommend strategies to the small business units operating in this particular sector....
Over the years, the industry has expanded its presence extensively and has become a major contributor towards the development of the world economy. Arguably, the current prospects of the hospitality and tourism industry of the world have been in an ever rising mode and are expected to continue the same way in the near future. However, it is important to note that there are several reasons, which have contributed towards the immense growth of this particular industry in the recent years. Among the several factors, the uniqueness of the industry is one vital domain, where it excels evidently. Correspondingly, it is often argued that the hospitality and the tourism industry of the world are quite unique as it possesses certain characteristics that are quite different from other forms of industry to say the least (Brotherton, 2013). The hospitality and tourism industry is one of the few industries of the world, where the services provided to the customers are treated as the ultimate products; therefore making an initiative to mitigate the gaps and differences between product management principles and the notion of services management (Education Bureau, n.d.). Thus, the products offered to the customers in this particular sector are considered as intangible and perishable. The companies therefore strive to ensure effectiveness in their performance with the help of delivering efficient services to the customers, further ensuring maximum satisfaction from them. The primary emphasis of the business, in this particular sector, is therefore to develop the quality of the services in order to ensure a sustainable presence in the increasingly competitive environment, over a longer period of time (Vasile, 2009). Another unique characteristic of the ...Show more
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Hospitality and Tourism Business Essay Example | Topics and Well Written Essays - 3000 words”, n.d.)
Retrieved from https://studentshare.net/tourism/112992-hospitality-and-tourism-business-have-universally
(Hospitality and Tourism Business Essay Example | Topics and Well Written Essays - 3000 Words)
https://studentshare.net/tourism/112992-hospitality-and-tourism-business-have-universally.
“Hospitality and Tourism Business Essay Example | Topics and Well Written Essays - 3000 Words”, n.d. https://studentshare.net/tourism/112992-hospitality-and-tourism-business-have-universally.
  • Cited: 0 times

Summary

The hospitality and the tourism industry is one of the fastest growing industries of the world. The importance of the industry has increased considerably over the years where an increasing proportion of population tends to depend on this particular sector…
Author : slang
Download 1
Hospitality and Tourism Business
Read Text Preview
Save Your Time for More Important Things
Let us write or edit the essay on your topic
"Hospitality and Tourism Business"
with a personal 20% discount.
Grab the best paper

Check these samples - they also fit your topic

Business: Tourism and Hospitality Marketing
Increasingly, collaboration between business, non-profit, health and educational agencies is being championed as a powerful strategy to achieve a vision otherwise not possible when independent entities work alone (Gajda, 2004). According to Fyall and Garrod (2005) globalization, international political and trade agreements are the main drivers for collaborative marketing in businesses.
11 pages (2750 words) Essay
Business-hospitality and tourism
It is surrounded by the Swan River, and has beautiful landscapes, heritage architecture and historical sites. It is a beautiful blend of music, arts and culture which further add to the charm of this place, making it a popular tourist destination for both local as well as international visitors (City of Fremantle, 2011).
8 pages (2000 words) Essay
Tourism and Hospitality Businesses
According to the paper the rapid financial growth along with spontaneous development of the industry also tends to provide a strong support for the global countries in terms of addressing their financial issues and unemployment conditions. The continuous transformation as well as rapid pace of technological investments in the sector also empowers the global marketers to meet the desires and needs of the international clients.
25 pages (6250 words) Essay
Prepare a business and marketing plan for a tourism,hospitality or events organisation of your choice
The meals will cater for variety of fast served high quality Italian meals and will be freshly delivered faster than any other competitor in the industry. The domestic market, in the food industry, for fast foods is large and segmented with Italian foods representing the top most choices within the market (De Thomas, 2008).
4 pages (1000 words) Essay
Hospitality and Tourism Industry
According to Smith (2003) "there is wide acceptance that sustainability is one of the most important issues faced by the tourism industry. This acceptance is reflected in the proliferation of publications attempting to define the principles and practice of 'sustainable tourism' and to relate them to the concerns of 'sustainable development'".
8 pages (2000 words) Essay
Hospitality Industry Essay
Growing shortage of skilled and qualified employees along with escalation of construction and renovation cost were two of the major issues discussed in ISHC. Followed by were the difficulty to keep up with the rapidly changing technology, Changing demographic and their impact on travel trends, considering the future of Hotel profits with balancing escalating expenses with the need to increase rates, Mitigating consumer confusion over brand proliferation and investor concerns over cross brand impact, Keeping up with rapidly changing playing field, And their impact on the travel industry, the changing travel patterns, issues in capital availability are the other aspects in the top ten issues (
12 pages (3000 words) Essay
Entrepreneurship and small business development for the hospitality and tourism industry
Moreover, the Chinese government is attracting lot of foreign venture capital across all industrial and service sectors. The small scale entrepreneurs have gained to a great extent from these investments. The advantage has been for both the large and small scale
7 pages (1750 words) Essay
Hospitality/Lodging/Tourism Industry
In general, there is a strong correlation between having a good economic performance and the increase in the revenue of hospitality, lodging, and tourism industry. Since there has been an increased in the market
7 pages (1750 words) Essay
Tourism, hospitality
People use the social media tools to exchange their travelling experiences or to search for information on travel operators or destinations. As a result, opinions
6 pages (1500 words) Essay
Hospitality and tourism marketing

This study looks at viability of product and its marketing strategy with emphasis on establishing problems and their answers. Proposed product and its marketing strategy will be put to deliberation in order to assess whether the idea may work or not. Feasibility study is carried out in three domains: Market, Technical and Organizational Structure.

15 pages (3750 words) Essay
Comments (0)
Click to create a comment
Let us find you another Essay on topic Hospitality and Tourism Business for FREE!
Contact us:
+16312120006
Contact Us Now
FREE Mobile Apps:
  • About StudentShare
  • Testimonials
  • FAQ
  • Blog
  • Free Essays
  • New Essays
  • Essays
  • The Newest Essay Topics
  • Index samples by all dates
Join us:
Contact Us