Menu

Hotel Job Outlook for the Future


A recent report demonstrates that almost half of those large US hotel operators are losing cash. The report has been prepared by an external company using resort analytics applications. This analysis examines the effect of hotel expansion (using just the factors of adverse external social and economic consequences, positive outside societal and economic consequences, negative environmental ecological impacts, positive outside ecological influences and optimistic local/regional influences ). Although this report employs a relatively modest sample size, the general conclusion is the fact that it concludes that expanding a resort can have a negative effect on the local market.

There are two chief questions presented in the study. The first question posed is why do we think the hospitality industry may be affected by an increase in hotel ability? The second issue is to what extent could such an increase have a negative effect on the industry? The replies both play a role in this investigation. The goal of this guide is not to ascertain whether the resort industry will experience a few defaults, yet to look at how these scales might change the landscape of this industry. If you haven't already done this, I invite you to read the whole Pandemic Preparedness post.

My goal in focusing to the Pandemic Preparedness post above would be to suggest that a pandemic for tourism could happen in the next ten years or so. The explanations for this are three fold. Primarily, with the increasing amount of international tourists looking to pay a visit to the US, we will be dealing with the influx of individuals with various beliefs and nationalities. Second, the expanding interest in traveling overseas will also be a driver of a major change in the types of travellers visiting the US on an yearly basis.

The third driver is a very simple matter of economics. Historically, the EU has been a significant investor in the promotion of European tourism and the US didn't take kindly to this particular investment. If the EU were to start charging fees for visitors coming in the united states, we could see a decrease in European tourist spending by as much as twenty percent in the subsequent five years. Naturally, this loss of European investment could produce a twenty percent drop in total spending from the united states, but if the US needed to continue to give economic support for the EU, they'd probably be happy to create this modification.

It's my belief that the first two drivers of the impending recession in the European hotel market will happen simultaneously. As unemployment rates rise in the USA and the European Union (EU), tourism and travel revenues will suffer along with unemployment. This will in turn result in a reduction in the access to properties for purchase. As the supply exceeds demand, hotels across the EU will lower their ability to house guests and will probably implement cost increases to attempt and entice customers into staying another day.

For your US business travel industry, the very first of these two variables will happen simultaneously. The current global financial crisis and consequent downturn have led to hundreds of millions of lost earnings due to greater unemployment across the board. 영등포op When the US economy does not pick up soon, the effect on the hotel industry is going to soon be felt in Europe as well, specifically in the tourism industry.

The second event that could happen is the adoption of a new global shopping trend called"fair trade." This expression describes a procedure in which items have been brought to market which are produced with employee rights and individual dignity in mind. As more European businesses begin to execute this system globally, the need for hotel projects needs to increa

Go Back

Comment

Blog Search

Comments

There are currently no blog comments.