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PESTLE Analysis of Sweden Sweden, which involves the eastern piece of the Scandinavian Peninsula, is the fourth-biggest nation in Europe ...

Thursday, May 14, 2020

The Contemporary Hospitality Industry Free Essay Example, 4000 words

Chippies, and fish and chips fast food and regular restaurants are also quite popular in these establishments can range from one-person operations in a tiny little booth, such as those found in the small narrow lanes of York, two large seafood establishments, which can seat up to a hundred people and provide banquet and catering services. The smaller operations are generally family-owned, while many pubs have been taken over by corporate groups. Large restaurants are generally incorporated and stockholder owned. Catering companies also have a huge range for size, from one-person or family operations to very large operations offering services to conventions, large companies and airlines. One can conceivably visit the UK without ever realizing that theres a catering company involved, as many seem to work behind the scenes, such as supplying food to airlines. Pubs comprise a huge portion of the British hospitality industry, according to the British Beer and Pub Association/ their cont ribution to the GDP is more than 34.9 billion British pounds sterling. Pubs are the social gathering places in the UK, especially near the universities and in small towns. We will write a custom essay sample on The Contemporary Hospitality Industry or any topic specifically for you Only $17.96 $11.86/pageorder now Pubs reported in 19 . 9 billion British pounds sterling revenue from the sale of beverages. The rest of the 34.9 billion pounds contribution to the economy was for food. According to Hospitality News, â€Å"Customers eating ( £20.1b) and drinking ( £15.9b) out of home are the largest chunk of turnover according to the report, while business related expenditure such as rail or coach travel accounts for around a third ( £10b). † (Hospitality News 2007) Accommodations, on the other hand, contributed a mere 10.5 billion British pounds sterling to the economy. Social clubs and gambling establishments contributed another five or 6 billion British pounds Sterling. â€Å"  The hospitality industry employed 1.6 million people in the UK in 2002.*   Employers in the hospitality industry range from restaurants, hotels, pubs, clubs and bars and contract catering.   Restaurants were the largest employer in 2002 with 508,483 employers, representing 30% of the total hospitality workforce.   Hotels employed 279,785 people (17%).   Pubs, clubs and bars employed 261,130 people (16%).   Contract catering employed 192,298 people (12%).   Hospitality services** and second jobs in hospitality form the remaining 25%.   Employment in the UK hospitality industry 2002    † ( William Reed Ltd. 2006) Considering the above information from a report in 2002, we can extrapolate certain totals for 2007.

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