The UK hospitality sector is a beacon of entrepreneurship which generates £130 billion in revenues and contributes £39 billion in tax. But despite being the country’s third largest employer and the shop window for the travel sector as a whole, it faces unprecedented challenges:
Low margins, caused by rising costs, prohibitively high business rates and a high VAT regime;
Uncertainty around the worker landscape, including right to remain, routes to temporary employment, Inflexible and prescriptive legislation over wages/flexible working and a lack of pathways for increasing skills and career opportunities;
Competition from the “grey” and unregulated sharing economy, and the dominance of online travel agencies;
Concerns over future food supplies from the EU and rising costs.
At Xenowledge, we help owners and managers of hospitality businesses to address the effects of these challenges head-on. We dive deep into your business to understand what needs to be tackled and unlocked to create a thriving enterprise.
Working with you, we’ll look at your goals and the obstacles to achieving them. We’ll look at how you work, your employee landscape, organisational make-up, sales channels, cost-base, customers, marketing, competition and your overall strengths and weaknesses.
We’re passionate about making hospitality businesses successful, having been there and done it. Together, we’ll create (and if necessary, implement) a new corporate strategy for you based on determining your niche, identifying your path to success and future-proofing your business and brand.
Get in touch today for a confidential and no-fee conversation.