What is the meaning / definition of Hospitality Industry?
The Hospitality Industry is part of the service industry and is comprised of 5 major sub-sectors which include lodging service (hotels, B&Bs, resorts, hostels, motels, etc.), food and beverage service, events, tourism & transportation. At its core, the Hospitality Industry concerns itself with providing products and services to people which assist in recreation and supporting the well-being of people. It includes different activities, which the main goal is to provide service and customer’s satisfaction.
This industry can be segmented into four: food & beverage, travel & tourism (transportation), lodging and recreation (leisure park, relaxation, etc).
- Hotel Management
- Hotel Operator
- Hospitality Management
- Virtual Hotel Operator
- Chain Hotel
- Hotel Chain