And by extension for hospitality recruitment agencies too
No comment on the catering industry’s performance over the last couple of years is complete without mentioning that it has been a bruising time for all involved and hospitality recruitment agencies are no exception. The question everyone in the hospitality industry wants answered is: how are our prospects for 2011 shaping up?
There’s a few assumptions we can make at this stage, one being that domestic demand will likely remain pretty flat and two, that the best hope of a short term boost to revenues will come from increased tourism.
I’ll get the dark side of this assessment out of the way first by offering a “thumbnail” of my reasons for near term pessimism (about domestic demand remaining flat). In fact it’s nothing more scientific than that I find it quite a challenge to envisage exactly what’s going to drive any increase in domestic demand. Wages will not appreciate in any meaningful way and until our soaring export performance translates into jobs we’ll have to look to a different demographic to pick up the slack. Thankfully it’s in the area of that other