4 Segments of Hospitality Industry

1. 4 Segments of the Hospitality Industry As the lifestyle of people is increasing day by day, they are demanding better facilities. This boosts up the hospitality industry in the country. Hospitality Industry plays a crucial role in the growth of the nation. The hospitality Industry involves lodging, event planning, transportation, theme parks, and additional services of the tourism industry. This industry is a multibillion-dollar industry that provides livelihood to so many people. It comprises of Hotels, Restaurants, and bars. 1.Food and Beverages F & B the well-known industry is the largest segment of the hospitality industry. It comprises delivering food, takes away, drinks. Today in the majority part of the nation, people are ordering online food. This concept of online ordering of food has boost up the industry. 2.Travel and Tourism Buses, trains, cabs, planes all are part of the travel industry. Leisure travel is the traveling that we love to go for is a vocational trip. Business travel includes traveling due to business or traveling provided by the company like a business trip. In all such cases, we used to spend a lot. The main purpose of tourism is to encourage people to travel. As when people travel, they get money for the hospitality they provide. 3.Lodging Lodging means temporary accommodation. Whether we book hotels, rent an apartment, or rent anything to spend a night for sleep comes in the lodging industry. It is also a key brick of the Travel and tourism industry as they provide shelter when we are out of our homes. Service apartments are widely adopted by people now a days. Apartments for rent in South Delhi, North Delhi, and all over India are widely available. 4.Recreation Recreation involves activities in which people adapt to get relax and to provide comfort for themselves. They try to refresh a persons’ mind and body. Any sort of business which provides relaxation facilities come under this category. Zoo, Museums and entertainment business such as theatre is called recreation These all are 4 segments of the Hospitality Industry. This industry tries to provide the best service for its tourists. Their main motive is to make you feel comfortable, safe, relaxed, and to make your life enjoyable. Page | 1