Hospitality & Tourism

A welcome return to growth

Dynamic businesses need to move with speed and purpose if they want to capitalise on opportunities in hospitality and tourism. At Grant Thornton, we know exactly what it takes to succeed in this rapidly changing sector.

While many businesses may remain trapped in a cycle of austerity, we can help make sure your organisation is structured, governed and managed to thrive.

The travel, tourism and leisure industry is undergoing dramatic change as consumers are now playing an even more dominant role with their demands.

It is innovation, new technologies and the sharing economy, which have given customers flexibility, control and new expectations. There has also been shifts in the pattern of demand, as millennials become a force to be reckoned with and the emerging economies open up new markets.

It is a complex and fast-moving environment and the industry is responding to engage more with customers and integrating technology into revised business models. The shift to a consumer-led economy brings challenges and opportunities for the industry.

The Caribbean is a well known tourist region, and as such the hospitality and leisure industry is a primary economic driving force. At Grant Thornton we have devoted many resources to serving this industry better. We provide a full range of audit, advisory, taxation and outsourcing services for this industry.

Why Grant Thornton? 

Drawing on our deep sector knowledge, we can help you navigate the changing business environment for hospitality and tourism companies.

We understand the global economic cycle and the trends in tourism and hospitality, from social media and online travel agent impacts, to new age consumers, green operations and emerging market challenges. In the face of these and many other challenges, but also by understanding what’s driving hospitality growth, we can work with you to scenario plan, manage costs, create flexible organisations and finance growth.

Through our understanding of traditional and emerging markets, we can also work with you to develop and expand into new areas.