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Hospitality

Future Trends

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  • In 2007 1,989,000 people were employed in hotels and restaurants and this is expected to rise to 2,200,000 by 2017.
  • The hospitality industry has been reliant on migrants from Eastern Europe in recent years and this has had an effect on the transient nature of the industry - if more economic migrants return home in difficult times this may have an effect on the number of vacancies.
  • The majority of employees in the industry currently working in managment and semi-skilled jobs, with each group accounting for 30 or more per cent of employment.  Skilled trades account for 10 per cent of the work.
  • It is forecast that the demand for graduates will grow, with a prediction of 69,000 more managerial jobs in the sector by 2017.
  • The Diploma in Hospitality is expected to help young people to build the right qualifications to prepare for a career in the hospitality industry.
  • The fast food chains are currently doing well - for example KFC is planning to create up to 9,000 new jobs, with plans to open up to 300 new outlets over the next few years.
  • Technology is becoming increasingly important in the industry with, for example, increased online booking and more sophisticated vending operations serving hot and cold meals.
  • After a slowdown due to the financial crisis, hotels and catering businesses are predicted to experience a boost in the long-term from the London Olympics Games. The 2012 Olympics and Paralympics are expected to be attended by 9.5 million spectators, boosting the hotel, restaurant, bar and pub sector.

 Projection figures from 'Working Futures 2007 -2017' Warwick Institute of Employment Research - November 2008.