Hospitality & Tourism

Focus on:  Hospitality

2009 was a year of almost unparalleled turmoil in the hospitality sector. Commercial demand for hotel rooms collapsed as businesses slashed costs, reigning inemployee expenses in favour of more cost-efficient meeting techniques – such as video conferencing – whilst the leisure tourism sector retreated rapidly asconsumers cut back on holidays and shunned foreign travel.

The hospitality industry is an extremely competitive and highly regulated industry that is faced with constant challenges.

To maintain a competitive advantage operators must continually adapt to their environment. However, they cannot control external factors and influences. They must therefore focus on their business, exploit their strengths, know their weaknesses and seize opportunities.

Grant Thornton has developed a dedicated team of skilled professionals that enables us to provide comprehensive advice to support you and your business in this competitive industry.

For more information on Grant Thornton's focus on the hospitality industry, contact:

David Hodgson
National Head of Hospitality &Tourism
T  +61 3 8663 6013
E  david.hodgson@au.gt.com

Further reading from Grant Thornton Australia

Industry intelligence unit - Hospitality - May 2010

Further reading from Grant Thornton International

A guide to our industry expertise: Leisure, travel & tourisim (Grant Thornton International)