Hospitality Industry

What is the meaning / definition of the Hospitality Industry?

The Hospitality Industry is part of the service industry and is comprised of 5 major sub-sectors which include:

  • Food & Beverage (e.g. restaurants, cafes, bars, clubs);
  • Travel & tourism (transportation);
  • Events (e.g. festivals, concerts, conferences, ceremonies, weddings);
  • Lodging (e.g. hotels, B&Bs, resorts, hostels, motels);
  • Recreation (e.g. leisure park, relaxation).

At its core, the hospitality business industry concerns itself with providing products and services to people which assist in recreation and supporting the well-being of people. The hospitality sector includes different activities, which the main goal is to provide service and customerโ€™s satisfaction (providing hospitality).

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Synonyms:

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About the Author: Patrick Landman

As CEO and Founder of XOTELS, Patrick Landman has made it his mission to turn hotels and resorts into local market leaders. XOTELSยด diverse expertise and deep-knowledge across revenue management consulting, hotel management, and hotel consulting, enables us to drive results for independent boutique hotels, luxury resorts, and innovative lodging concepts. Below you will find opinion articles written by Patrick Landman.