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Hotel Industry In The United Kingdom

旅游业是英国的第五大产业，第三大出口创汇产业，每年1150亿英镑。然而，这篇文章将讨论英国的酒店业。它将提供一个简短的历史背景，并随后讨论如何应对当前的经济因素，如全球经济放缓，持续的信贷紧缩，经济衰退和通货膨胀，可能会影响其未来的增长。本文还将考虑英镑与美元和欧元的价值，并据此评估这对出境游和入境游的影响。

Select a sector of the UK's tourism or hospitality industry and discuss how the current economic environment is likely to affect its future growth.

Tourism is Britain's fifth largest industry, third largest export earner, and worth £115 billion a year. Furthermore, it employs 2.6 million people (Visit Britain, 2010). However, this essay will discuss the hotel industry in the United Kingdom (UK). It will provide a brief historical background to the sector, and subsequently discuss how current economic factors, such as global economic slowdown, the on-going credit crunch, recession and inflation, might all affect its future growth. The paper will also consider the value of the pound sterling in relation to the dollar and the euro, and accordingly evaluate the impact this has had on both outbound and inbound tourism.

The hotel industry is a major sector of the tourism industry (Go and Pine, 1995). According to Medlik (1989) hotels play an important role in providing facilities for the transaction of business, meetings, recreation and entertainment. Medlik's (1989) key study of the hotel sector also shows that, for many forms of tourism, the tourist requires an accommodation.

Back in the 19th Century, when hotels began being built, there were only a select few big hotels in UK; however, the development of the railways ultimately affected its future growth. Then, in the 20th Century, after the Second World War, there was economic growth, and subsequent increase in income and living standards, and the hotel industry expanded largely. This growth has led to a large number of modern build hotels which prove the growth and significance of this sector (Page et. al, 2001). However, the growth of the hotel sector can be affected by a changing economic environment.

With this in mind, this essay will further consider the current economic situation in the UK, and those factors which can affect the future growth of the hotel industry. However, before discussing the current economy of the UK, it would be reasonable to explain the economic situation globally and how this began.