ISLE OF ERISCA HOTEL

Isle of Erisca Hotel

Abstract

In this study, we try to explore the concept of “Hotel management” in a holistic context. The main focus of the research is on “Hotel management” and its relation with “Management practices of Erisca Hotel.” The research also analyzes many aspects of “Hotel management” and tries to gauge its effect on “Management practices of Erisca Hotel.” Finally, the research describes various factors, which are responsible for “Hotel management,” and tries to describe the overall effect of “Hotel management” on “Management practices of Erisca Hotel.”

Table of Contents

Introduction1

Outlook for UK hotel marketing industry1

Future Prospects2

Possibility of Economic recession2

Corporate Responsibility3

Outsourcing3

Technology3

Conferences4

Emerging markets4

Demographics5

Talent6

Technology7

Sustainability7

Crisis Management8

Financial analysis of Hotel of Erisca8

Erisca as recession proof company8

Decrease in wages13

Refurbishment as a value addition14

Success factors of Erisca15

Competitive advantage of Erisca16

Food and beverage management and Isle of Ericka Hotel17

Conclusion18

Recommendations19

References20

Contemporary issues at Isle of Erisca Hotel - Scotland

Introduction

In the modern, professional literature, we can see the wide usage of the term “hospitality industry” to describe the hotel industry. Although, the hospitality is included in this term as an element, it should be noted that hospitality is more capacious, and a general concept, since its objective is to meet the needs of not only tourists in the narrow sense, but consumers in general.

Tourism and hospitality industry cannot be regarded as a different industry, as tourists are primarily consumers with diverse needs, including specific, which depends on the goals and motives of the traveler, as well as on a number of points. However, the tourists are the first and foremost customer of a hotel; in general; therefore, tourism and hospitality industry should be viewed as a whole because of the inseparable unity.

Outlook for UK hotel marketing industry

The past few years have been difficult for the UK hospitality industry; however, the outlook of the UK hospitality industry looks quite good. The hospitality industry of UK is greatly impacted by changes that occur in the domestic market and confidence of the consumers. The hospitality industry of UK is also facing pressure from prospective change in the interest rate by the Bank of England, and the damaged economy of the country. There are chances that the cost of borrowing would increase in the future, which could create a number of challenges for the hospitality industry of UK.

Future Prospects

In the current scenario of the UK hospitality industry, there is a bounded scope for any substantial improvements in the performance of the hotel industry in the country. At a glimpse, the performance of the hospitality industry in the future would be closely related to levels of activity in the economy, the changes in the purchasing and spending power of the consumer, and changes in interest rates.

Possibility of Economic recession

There are always chances of another economic recession in the economy after the current financial crisis in the country. In the year 2010, around twenty-five percent of business in the field of leisure, hospitality, tourism and travel stopped the process of recruitment to minimize their costs (Aitchison, ...