In recent decades, we have observed a significant advancement in the establishment of business connections between Western and Eastern nations. The landscape once characterised by regional markets and localised economies has evolved into a global.
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Challenges For Global Hospitality Industry 0 Download10 Pages / 2,294 Words
Introduction:
Hospitality industry is one of the most flourishing sectors for rendering the economic growth of a business industry. As per the World’s business scenario, the direct contribution of hospitality sector to GDP was US$ 71.53 billion in 2016 (trademinister.gov.au, 2018). Around 4500 hotels are situated all over Australia for maintaining effective hospitality services. Around 929,000 employees are associated directly and indirectly in the hospitality sector of Australia (trademinister.gov.au, 2018). However, this very specific study has focused to make in-depth overview on how Hilton Sydney has flourished their entire process of business in the realm of hotel industry (hotelbusiness.com, 2018). In order to render the economic growth of Australia hospitality industry has left major contributions. Especially, the establishment of hotels and restaurants in a particular country decides whethe