sectors in hospitality

4 Major Segments Of The Hospitality Industry

The hospitality industry is a billion-dollar industry that mostly depends on the availability of leisure time and disposable income.

The industry is divided into segments according to the skill-sets required for the work involved.

The 4 major segments of the hospitality industry are as follow:

-1- Food and beverage

The food and beverage sector is the largest segment of the hospitality industry. This sector is estimated to provide 50% of all meals eaten in the country today.

It comprises establishments primarily engaged in preparing meals, snacks, and beverages for immediate consumption on and off the premises.

When a restaurant is part of a hotel, the services it renders can enhance the guest experience by providing excellent food and first-class customer service.

-2- Lodging:

Lodging means accommodation for a period or a place to sleep for one or more nights. Fancy hotels, youth hostels, elder hostels, campgrounds, motels, and other businesses that provide a place for people to sleep overnight are all in the lodging industry.

Lodging businesses sell to other segments such as business, leisure, long-stay, budget, and special travelers.

-3- Recreation

Recreation is any activity that people do for rest, relaxation, and enjoyment. The goal of recreation is to refresh a person’s body and mind.

Entertainment businesses that provide shows such as movies or theatre, attractions that are places of special interest or visits such as zoos and museums, spectator sports, and participatory sports are all parts of the recreation business.

-4- Travel and Tourism:

Travel and tourism deal with services related to moving people from place to place. Buses, cabs, planes, ships, trains, and so on are all parts of the travel industry.

Leisure travel is when a person spends money on lodging, food, and recreation while taking a vacation trip, and business travel is when a person travels for work and spends money on lodging and food.

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