Current Scope of the Hospitality Industry Assignment

Current Scope of the Hospitality Industry - Assignment Example It comprises of small as well as large businesses including five-star hotels, small restaurants, tourists guide services, gaming services, beverages and other diversified range of products and services offered. Overall, the industry at the global and local UK level is quite diversified and caters to the needs of the target market through either standalone businesses or through a network of different services offered across different service categories. The industry is currently employing over 2 million people who are either directly or indirectly related to the industry. In 2010, the industry witnessed an increase in the overall growth by registering a 3% increase in the number of businesses being opened in the industry. Apart from this, the canteen and contract food services are witnessing the consistent increase in the activity overall the period of time.1 Women comprise of the largest part of the overall workforce of the hospitality industry in the UK with restaurants having the youngest workforce in the industry. Data from the UK suggests that there was a decline in the number of hotels opened from 1995 to 2005 however, the number of small restaurants increased during the period. Pubs also witnessed an increase in the number of new businesses being opened during the same period. The overall range of services offered by the industry includes food, lodging, transportation, theme parks, cruise lines, event planning and smaller restaurants. The overall diversity of the industry, however, is dependent upon the availability of the leisure time and the disposable income of the target market. It is also, however, critical to understanding that the industry does not have the diversity in terms of its workforce. As mentioned above, most of the workforce comprises of women, however, in restaurants, the staff is usually young showing lot of energy and will to serve the target market.  Ã‚