Briefing: Hospitality is a valuable job creator

Travel & Tourism is one of the world’s largest industries and offers many fantastic opportunities for a great career. According to figures from WTTC the industry supports 277 million jobs and generates 9.8 per cent of world GDP. In the UK hospitality currently has a 3 million strong workforce and, in the run up to the general election, is being recognised as a key contributor to the UK economy.

In this briefing four experts discuss hospitality careers and share why they fell in love with the industry:

Key political parties in the UK have mentioned hospitality and tourism in their election manifesto’s, with each pledging to support the sector through various means. The recognition for this suburb industry has been welcomed by the British Hospitality Association, an organisation which campaigns for jobs and growth in the industry. The organisation is campaigning for 60,000 new job opportunities for young people in the UK by 2016 and has recently reached the 40,000 milestone. A report from the TourismAlliance, UK Tourism Statistics 2014, states that, ‘Tourism is the fastest growing sector in the UK in employment terms, responsible for almost one third of the net increase in UK jobs between 2010 and 2013.’

According to UNWTO one job in tourism generates 1.5 jobs elsewhere. UNWTOs publication Measuring Employment in the Tourism Industries says; ‘International tourism continues to exceed expectations, supporting economic growth in both advanced and emerging economies and bringing much needed support to job creation, GDP and the balance of payments of many destinations.’

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Video clips produced by yBC for the Hospitality Channel, including interview from industry conferences such as the IHIF conference as well as specific Hospitality Channel shoots.

Briefing: hospitality being noticed by global Governments

One of the biggest problems hospitality has is demonstrating to the Government’s of the World the value the industry brings to their economies. Hospitality seems to continually fall off the radar when it comes to the key drivers of change and growth across the World.

With the work of Taleb Rifai at the UNWTO and David Scowsill of the WTTC the industry is beginning to put its head above the parapet and be noticed.

In this briefing we hear from:

  • Taleb Rifai on the UNWTO and the WTTC tackling Governments together.
  • David Scowsill of the WTTC on how much tourism generates for the global economy.
  • Ed Fuller, former MD at Marriott International on the need for Governments to help the industry.
  • And Sir Nigel Knowles, co-CEO of DLA Piper LLP on problems faced by Governments at the moment.

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Video clips produced by ybc.hpgcms.wpengine.com for the Hospitality Channel, including interviews from industry conferences such as the most recent IHIF conference as well as specific Hospitality Channel shoots.

Briefing: unprecedented growth for the African continent

Africa is the continent of the future. The continent has unrivaled potential, with many believing it remains completely untapped. Some countries in Africa don’t yet have a branded hotel product.

Many countries within Africa are able to compete with nations across the globe. With its mining industry booming and a progressively wealthier population, the hotel industry can be part of the story developing across the continent.

Brands are sought after, but what are the challenges faced when entering into this new market and what does Africa need to do to encourage investment?

Experts this week include:

  • David Scowsill, the CEO of the WTTC on what needs to be done in Africa to galvanize the hospitality industry.
  • Ed Fuller, former President & CEO of Marriott International on the challenges faced by the company when investing in the first locations.
  • Sir Nigel Knowles, co-CEO of DLA Piper, on the need to take Africa seriously.
  • And Gordon Drake, CFO of Kingdom Hotel Investments, on the implications of the resource-laden continent
 


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Video clips produced by ybc.hpgcms.wpengine.com for the Hospitality Channel, including interviews from industry conferences such as the most recent IHIF conference as well as specific Hospitality Channel shoots.

Briefing: challenges for the hospitality industry

Hospitality is a global industry, a sector which cannot be protected from international challenges. The economic downturn in Europe is one of these challenges.  What has happened in hospitality for the four years since the recession first hit, and is trust finally filtering back into the market?

Our experts this week discuss what they are seeing in the industry as well as highlighting some other challenges that could be faced in the next 10 years.  Some believe the likelihood of another, harder-hitting, recession is just around the corner but interestingly hospitality consistently outperforms the market.

Experts this week include:

  • Sir Nigel Knowles, co-Global CEO of DLA Piper, on the trust sought in the markets
  • Prof. Ian Goldin, of the Oxford Martin School at Oxford University, on the challenges hospitality could face in the next 10 years.
  • Mark Wynne-Smith, Global CEO of Jones Lang LaSalle Hotels, on the confidence seen in the market despite economic issues.
  • And David Scowsill, CEO of the WTTC, on hospitality outperforming the economy.
 


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Video clips produced by ybc.hpgcms.wpengine.com for the Hospitality Channel, including interviews from industry conferences such as the most recent IHIF conference as well as specific Hospitality Channel shoots.

Briefing: Contemporary decision-making

Technology provides businesses with a plethora of opportunity. Most prevalent perhaps is the speed in which we can communicate, understand and react to new things at the click of a button. Without the invention of email, and other technologies, it would feel like we are all standing still.

Data being created every day now needs to be understood, and using software that is available to make sense of this is now essential. Modern day decision-making can be faster than ever before. This has both positives and negatives which are discussed in this briefing, including comment from:

  • Ed Fuller, former President & MD of Marriott International on how he managed the decisions he had to make.
  • David Scowsill, CEO of the WTTC, on the velocity of new mobile and social technologies
  • Sir Nigel Knowles, co-Global CEO of DLA Piper on the caution to be taken when making decisions quickly.
  • And Prof. Ian Goldin, of Oxford University on digesting the instantaneous online platforms.
 


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Video clips produced by yBC.tv for the Hospitality Channel, including interviews from industry conferences such as the most recent IHIF conference as well as specific Hospitality Channel shoots.

Briefing: the role of government

Government’s role in shaping industries is integral, hospitality is a major source of trade which they should be very aware of. In this current time as Europe struggles to come to an agreement on a stimulus package for many countries, politicians now need to look at industries which can help set the economy back on the straight and narrow. Hospitality is arguably one of the best industries for this.

The WTTC and UNWTO both work together on behalf of the private and public sector, trying to convince governments to invest more time and money into the sector. Employment, tourism and real estate development are just some of the reasons hospitality can play a pivotal role in the recovery.

In this briefing we hear from:

  • Prof. Ian Goldin, Director of the Oxford Martin School at the University of Oxford, on the need for the industry to convince politicians.
  • Taleb Rifai, Secretary-General of the UNWTO, on the economic argument for hospitality.
  • Ed Fuller, former President & MD of Marriott International, on the consequences of ignoring the hotel industry.
  • And David Scowsill, President & MD of the WTTC, on the resilience of the industry.
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Video clips produced by yBC.tv for the Hospitality Channel, including interviews from industry conferences such as the most recent IHIF conference as well as specific Hospitality Channel shoots.

Briefing: Dragon breathing fire on Chinese market

The emergence of China as a dominant global player is no secret. Capitalizing on this new opportunity is something which many hospitality brands have been looking to tackle for some time.

Many questions have arisen due to the assumption that Western products will appeal to Chinese consumers. This is not the case. In this briefing we hear from key executives on tackling this exciting and growing marketplace, including:

  • Taleb Rifai, Secretary-General of the World Trade Organisation (UNWTO), on the wrong perception of the Chinese market but the opportunity that lies there
  • Ed Fuller, Former President & CEO of Marriott International, on the markets that the brand are looking to enter
  • David Scowsill, President & CEO of the WTTC, on the growth seen in China
  • And Yann Caillère, COO of Accor Hotels on appealing to the Chinese consumer.
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Briefing: strategies for a downturn

The continuing difficult economic environment can provide opportunity for clever businesses. Europe has been hit hard, with global ripples, by the recent recession. Understanding how to mitigate risk is therefore essential.

How has hospitality been effected by the economic downturn? Is it possible that the industry is independent of some economic trends? And what needs to happen for confidence to come back to the market?

These are some of the questions answered by this week’s experts, including:

  • Ed Fuller, President & MD of Marriott Lodging International, on his strategy in dealing with the European market.
  • Taleb Rifai, Secretary-General of the UN World Travel Organisation, about how hospitality can deal with economic trends.
  • And David Scowsill, President of the World Travel & Tourism Council, on what needs to happen in Europe to restore confidence.
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If you’ve been sent to this page but you’re not yet on the circulation list to receive these regular briefings and you would like to sign up, you can do so here. It’s free.

Video clips produced by yBC.tv for the Hospitality Channel, including interviews from industry conferences such as the most recent IHIF conference as well as specific Hospitality Channel shoots.

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