HOSPITALITY AND HOTELS IN THE UK INDUSTRY COURSEWORK

HOSPITALITY AND HOTELS IN THE UK INDUSTRY - Coursework Example ort about the Hospitality and Hotel Industry of the United Kingdom we will discuss the position of the hotel industry today, and how it has emerged from a depression. We will also discuss the ongoing trends, economic factors and other external factors that will affect the hotel industry. Moreover, the report establishes link between hospitality sector and other sectors of the UK economy like travel, tourism and leisure. It has been unveiled that the hotel owners in the United Kingdom are coming out of an approximately three year long economic depression, their revenue had declined significantly. The numbers of occupancies and the room rates have now increased according to the PwC. The four star brand hotels have increased as cutting down in budgets have forced the traveller who is conscious about its travelling cost live in low cost hotels, this has increased competition in the United Kingdom hotel industry due to an increase in the supply of hotels. According to PwC the number of occupancies in the region is estimated to rise to 71 percent, this level was last seen in 2007 and 2008. The rates will be best since 2009; the average daily rates this year might be up to  £60. The main standard for the hotel industry regarding the revenue per available room will increase by 1.8 per cent next year to  £43.44, this is not as good when compared to inflation however it shows some sign on stability in the hotel industry. There are 12,600 hotels in the United Kingdom with 633,000 rooms total; further 20,000 rooms are expected to open in about 200 hotels in 2013 and 2014. In the market for four star hotels there are many developments going on for example Starwood Hotels Aloft which is opening in Liverpool. (Blitz, 2013) The hospitality industry does not merely comprises of hotels and resturants but there are varies range of services and organizations types included in this industry. There are mainly 12 different sectors of this industry. All of these sector offer wide