Hospitality Industry

Sep 5, 2019 Uncategorized

Hospitality Industry

Hospitality Industry is exciting, always innovative, never boring and offers unlimited opportunities. Hospitality sector is flourishing at an exceptional pace. The business basically consists

of three capacities: management, kitchen and workers. All the three capacities when managed properly contribute in managing hospitality in an effectual way. To preserve long term and loyal relationships with the clients is the main aim of every business. Most of the countries face a huge challenge of being under roomed while the economy is emerging swiftly. This throws up a great opportunity for hospitality industry. A very efficient way hotels are employing to enhance revenue is providing services that increase customer loyalty. Now a days tourism business is well connected across the globe. Custom or tailor made packages and schemes are being offered to clientele globally for  almost all the destinations across the world. With advancement in technology, the business prospect has increased and the competition has also  become fierce. Complete bundle/ Package is the popular proposition among travelers these days. It ranges from worldwide hotel reservations, package tours , airport transfers , sight seeing  trips , freebies for children among others are being provided. Tourism companies are principally outsourcing online processing services and customized booking engines and others for improved visibility and customer contentment.

How tourism and hospitality affects a country growth-

Trade Business –  Apart from spending money on travel ,food and entertainment , most tourists buy diverse local  products and take them  back to their homes ,contributing to local  economy.

Employment-   With the growth of hospitality tourism business, additional   employment is created in a country. Several employment opportunities are offered by tourism business. These employment opportunities are related to different segments that are related to hospitality and tourism business.

Revenue-  Tourism and hospitality business in any country helps in creating more income for locals. Tourists pay   altered taxes to the government which helps the country to develop.  Tourists also   support the local   traders to receive   extra revenue and profits by shopping. The growth   of tourism and hospitality business offers multiple opportunities to small operators and communities.  This is why numerous developing as well as developed countries all around the world are encouraging this sector.

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